The Bank of Japan on Tuesday held off on new policy steps to combat a stronger yen, saving its limited firepower in case the currency's rise accelerates and threatens the fragile economic recovery.
The Bank of Japan kept interest rates steady and held off on new policy steps on Tuesday, saving its limited policy options in case a rise in the yen accelerates and threatens the country's fragile economic recovery.
The dollar staged a rebound against major currencies on Tuesday as traders pared short positions on looming uncertainty over whether the U.S. Federal Reserve will start a new phase of quantitative easing to deal with a slowing economy.
The U.S. dollar clawed higher against the euro and Asian stocks slipped on Tuesday, as investors braced for the outcome of a Federal Reserve meeting that could disappoint some looking for big policy changes.
New summer drinks in the United States and longer hours in Europe helped McDonald's Corp sales beat Wall Street forecasts for July and lifted its shares to their highest ever.
Honda Motor Co plans to sell a hybrid version of its popular Fit compact car at around 1.59 million yen ($18,600), making it the cheapest hybrid in Japan when it goes on sale in October.
McDonald's Corp reported a better-than-expected 7 percent global increase in sales at established restaurants in July, fueled by new drinks like smoothies, extended hours in Europe and strength in Asia.
The Bank of Japan hopes to avoid having to dig into its depleted policy arsenal next week, but may ease monetary policy if the yen soars toward an all-time high against the dollar and threatens a fragile economic recovery.
Even with U.S. interest rates already near zero, Federal Reserve policymakers will still spend much of a meeting on Tuesday discussing ways to offer more rather than less monetary stimulus to the economy.
New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other makers of liquid display crystal screens used in computers, flat-screen televisions and mobile phones on Friday for allegedly fixing prices for a decade.
New York Attorney General Andrew Cuomo sued Samsung Electronics Co Ltd and other LCD screen makers on Friday for allegedly fixing prices for a decade, after some of them pleaded guilty to similar federal charges and paid over $890 million in fines.
Toyota Motor Corp remains confident its electronic controls have not failed and has made about 80 percent of the U.S. repairs under the recall for sticky accelerator pedals.
Japan's trade ministry has ordered Apple Inc's Japan unit to state on its website that users who are concerned about their iPod nano portable music player catching fire can receive a replacement battery.
Hyundai Motor Co, South Korea's top automaker, aims to sell about 17 percent more cars in India this year as the fast-growing south Asian country boosts consumer spending, a top official said on Friday.
New claims for unemployment benefits unexpectedly rose last week to the highest level since early April, highlighting a weak labor market and the fragile economic recovery.
The dollar was on the defensive and Japanese stocks fell after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery.
The dollar was on the defensive and Japan stocks fell after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery.
Crude oil prices were steady on Friday near $82 before a report expected to show U.S. employment declined for a second straight month in July, as investors watch for clues to the pace of economic and energy demand recovery.
China's banking regulator has ordered lenders to test the impact of a fall in house prices of up to 50 percent in key cities where prices have risen sharply, banking and regulatory sources said on Thursday.
Oil fell for a second day on Thursday, approaching $82, as dollar strength kept a lid on prices, neutralizing the effect of upbeat U.S. employment data and a drop in the nation's crude inventories last week.
Country-pop starlet Taylor Swift's record label was forced to release the first single from her upcoming album 12 days ahead of schedule on Wednesday, hours after a bootleg version appeared online.
World stocks eked out small gains with European shares staying flat on Thursday as investors eyed meetings of the European Central Bank and Bank of England later in the session and Friday's U.S. jobs data loomed large.
