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{ Tag Archives } japan

Asian shares slip as rising yen hits Nikkei (Reuters)

Reuters – Asian stocks fell on Wednesday, with Japan’s big exporters among the heaviest losers as a rise in the yen to a new 15-year high threatens to erode their overseas earnings.

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Japan’s intervention hints fail to stop yen rally (Reuters)

Reuters – Japan’s government sharpened its rhetoric on foreign exchange intervention on Wednesday as a rise in the yen to a 15-year high underlined concerns that the currency’s strength could threaten the economic recovery.

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Suzuki to build new auto plant in India (AFP)

AFP – Japan’s top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.

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Driven by Germany, Europe posts 1% growth (AFP)

AFP – Europe’s economy outpaced the United States and Japan in the second quarter, EU data showed Thursday, but analysts warned that the German-powered growth would likely lose steam in the second half.

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BOJ eases policy to fight yen rise but impact seen slim (Reuters)

Reuters – The Bank of Japan buckled under government pressure and eased monetary policy at an emergency meeting on Monday in an effort to curb a rise in the yen that is threatening a fragile economic recovery.

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Wen urges Japan to raise wages of China workers (AFP)

AFP – Chinese Premier Wen Jiabao on Sunday urged Japanese companies operating in China to raise workers’ wages, after a series of strikes led to costly factory shutdowns, Japan’s foreign ministry said.

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China, Japan talks to strengthen economic ties (AP)

AP – The economies of China and Japan are interdependent and their close cooperation has helped two-way trade rebound above the levels before the world financial crisis, a top Chinese economic official said Saturday.

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US, world stocks edge up due to US growth data (AP)

AP – Stocks edged higher in Europe and on Wall Street Friday after a key U.S.

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Toyota recalls 1.13m Corolla vehicles in North America (AFP)

AFP – Japanese automaker Toyota announced Thursday the recall of 1.13 million of its popular Corolla vehicles in North America due to an engine defect that could lead the car to stop while driving.

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All Nippon Airways is Japan’s top carrier: Nikkei (AFP)

AFP – Japan’s All Nippon Airways Co. (ANA) became the nation’s top air carrier in June, dethroning flagship carrier Japan Airlines Corp.

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