Tokyo News
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Updated 16 minutes ago
Honda Motor Co., speeding ahead with an overhaul of the premium Acura line, is planning a $70 million central Ohio factory opening in two years to produce the next- generation NSX supercar.
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Updated 4 minutes ago
“Angry Birds,” the video game that conquered small screens to become the top-selling mobile-phone application of all time, is coming to the big screen.
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Updated 7 minutes ago
Dish Network Corp. is lining up four banks to help finance its $25.5 billion takeover offer for Sprint Nextel Corp., reinforcing its effort to outbid SoftBank Corp., people with knowledge of the matter said.
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Updated 1 hour, 18 minutes ago
John Grayken, founder of Lone Star Funds, has a record of generating more than 20 percent returns over two decades as the world’s biggest buyer of delinquent mortgages. What he doesn’t have is a designated successor.
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Updated 8 minutes ago
The currency market is experiencing a bout of deja vu, with the yen’s tumble to a 4 1/2-year low and the dollar’s rebound drawing resemblances to 1995.
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Japan’s three biggest banks led by Sumitomo Mitsui Financial Group Inc. forecast earnings will decline this year as monetary easing makes loans less profitable even as borrowing picks up amid an economic recovery.
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Japan’s nuclear regulator, set up to replace a predecessor that ignored warnings before the atomic disaster in Fukushima, looks set to deliver a ruling that will permanently shut at least one nuclear plant and maybe more.
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Updated 15 minutes ago
Billionaire investor Daniel Loeb’s proposal to separate Sony Corp.’s movie, music and TV businesses would give the Tokyo-based company a chance to join the 3 1/2- year media rally it has missed.
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Ranbaxy Laboratories Ltd., the Indian drugmaker whose exports to the U.S. were restricted after a fraud investigation, may revive sales to its biggest market after resolving the charges that it sold adulterated medication.
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Updated 25 minutes ago
Billionaire Daniel Loeb argues Sony Corp.’s best chance to realize value from its movie and music businesses is to sell part of them. His plan draws inspiration from the company itself.
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