Tsutomu Yamada News
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Retina Institute Japan K.K., which is employing Nobel Prize-winning stem-cell technology to treat eye diseases, plans to sell a stake in itself to a group of Japanese companies next month ahead of a possible initial public offering in five years.
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Japan’s Topix advanced for a third day as carmakers rallied after a key parts supplier said it will restart a factory damaged in last month’s earthquake.
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TVs are about to get cheaper.
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Japanese stocks fell the most in a month on the last trading day of the year, as the yen strengthened against the dollar, reducing the outlook for exporters’ earnings. Benchmark indexes ended 2010 with losses.
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Most Asian stocks fell, with the regional benchmark index set for a third straight weekly drop, as raw material producers declined on lower metal and oil prices utilities tumbled as Tokyo Electric Power Co. reported Japan’s biggest corporate loss in eight years.
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Leopalace21 Corp. , a Japanese real estate company, surged the most in almost seven months after Toyo Keizai forecast earnings will surge in its quarterly corporate handbook.
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Japanese stocks fell, led by banks, on speculation Mizuho Financial Group Inc. will sell shares, and on concern China will boost interest rates to curb inflation.
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Japanese stocks fell for a second day, led by utility companies as uncertainty about the outlook for Japan’s energy industry increased ahead of Tokyo Electric Power Co. announcing its full-year profit plunged.
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Tokyo Electric Power Co. , the utility at the center of the worst nuclear crisis in 25 years, fell today after a record 65 percent surge in the past two days, spurred by investors covering short sales.
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Japanese stocks fell, dragging the Nikkei 225 Stock Average into a bear market before an industry report that may show U.S. sales of existing homes plummeted in July, and as the yen strengthened.
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