JAPAN

Nissan beats expectations as it recovers from quake

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Nissan Motor Co <7201.T> reported a smaller-than-expected 10.4 percent decline in quarterly operating profit on Wednesday as it recovered swiftly from a parts shortage that hammered the industry after the March 11 earthquake.

Gold Up on Lack of US Debt Progress; Stocks flat

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Gold prices hit a record high at more than $1,623 an ounce and Asian stock markets were largely flat, as news out of Washington indicated politicians were making little progress in ending the deadlock over lifting the U.S. debt ceiling.
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Nissan Q1 profit down 10 pct as quake hits output

Nissan Motor Co <7201.T> reported a 10 percent fall in quarterly operating profit on Wednesday as a shortage of parts after the March 11 earthquake peaked during the quarter and slashed vehicle production.
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U.S. Federal Reserve Chairman Ben Bernanke

If U.S. Government Defaults, What Will the Fed Do?

Assuming President Barack Obama and Congressional Republicans can not resolve the debt deal dispute in eight days, the unfathomable will happen -- a default by the U.S. Government. But that begs the question: what will the U.S. Federal Reserve do, if the U.S. Government defaults?
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Norway killer praises Japan as model country: report

The confessed killer of 76 people in Friday's bomb and gun attacks in Norway described Japan as a model country in a document he distributed on the Internet, praising it for shying away from multiculturalism, Kyodo news agency reported.
International Monetary Fund (IMF) Managing Director Christine Lagarde

IMF chief urges U.S. to immediately resolve debt spat

IMF chief Christine Lagarde on Tuesday urged the United States to quickly resolve a political stalemate over raising the debt ceiling, warning that failure to reach an agreement would have serious consequences for the world economy.
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New home prices rise, consumers perk up

New single-family home sales unexpectedly fell in June, but a sharp rise in prices and declining supply suggested the market for new houses was starting to stabilize, a government report showed on Tuesday.
The French TGV High Speed Train

The World's Most Impressive High Speed ?Bullet? Trains

The European Union defines High speed trains, also called Bullet trains for their appearance, with a speed limit of up to 250 kilometers per hour; while in the United States, Federal Railroad Administration identifies speed above 177 kilometers per hour for high speed trains.
A worker welds Toshiba Corp&#039;s Shielded Ion Exchange Module for a radioactive water treatment facility at the Keihin Product Operations in Yokohama

Japan nuclear compensation bill passes key hurdle

A lower house committee of Japan's parliament on Tuesday passed a bill to help Tokyo Electric Power pay billions of dollars in compensation to those hurt by the Fukushima nuclear disaster, ensuring a law will soon be in place to guarantee the utility's survival and get aid to victims.
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Nissan to invest $7.8 billion in China by 2015

Nissan Motor <7201.T>, the largest Asian automaker in China, plans to invest 50 billion yuan ($7.8 billion) there by the end of 2015, as it accelerates its expansion in the world's largest auto market.
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Futures up after Ford results, eyes on debt talks

Stock index futures were slightly higher on Tuesday after earnings from blue chip companies like Ford extended optimism about a strong earnings season but the debt ceiling stalemate kept investors nervous.
Travelers Ready to Tour Japan amid Disaster Woes

Travelers Ready to Tour Japan Amid Disaster Woes

Tourists worldwide are showing support for the Japanese tourism industry, following the recent natural disasters that saw earthquake and tsunami devastating country?s coastal areas in March.
Nissan says aims to nearly double China sales by 2015

Nissan says aims to nearly double China sales by 2015

Nissan Motor , the largest Asian automaker in China, plans to nearly double its annual sales in the country to 2.3 million vehicles by the end of 2015, the company said on Tuesday, as it accelerates its expansion in the world's largest auto market.
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Asia shares up, no signs of panic over U.S. debt

Asian shares edged higher on Tuesday, rebounding from Monday's fall, but the dollar slid to a record low against the Swiss franc after a speech by U.S. President Barack Obama gave no sign a deadlock in Washington over raising the debt limit was easing.
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Japan repeats warning on yen rise as calls for action grow

Japanese Finance Minister Yoshihiko Noda kept up his warning to markets against pushing up the yen too much, saying that he was aware of demands from the business sector for authorities to act against yen rises that hurt the export-reliant economy.
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Asia shares up, investors calm on US debt deadlock

Asian shares edged higher on Tuesday, bouncing back from a slide the previous day, after U.S. stocks posted only modest losses in reaction to the worsening deadlock in Washington over raising the debt limit and avoiding a technical bond default.

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