JAPAN

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Japan Stocks Declined On Profit Taking

Tokyo shares closed lower Wednesday as weakness in commodity-sector shares and a selloff of real estate stocks stalled a two-day rally, despite continued strength in financial stocks and gains at Matsushita Electric Industrial.

Japanese Stocks Close Higher, Nikkei Briefly Retakes 14,000

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Tokyo stocks closed higher Monday, briefly lifting Japan's benchmark Nikkei index above the 14,000 line for the first time in about two months, as optimism prevailed among market participants that the worst of the credit crunch is over.
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Why Crude Oil is on fire

By Jon Nadler Gold prices took off for higher ground overnight as the divergent oil and dollar fueled additional speculative interest in the metal.There is still somewhat of a disconnect i...
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Toyota Eyes Small Car Market in India

Toyota Kirloskar Motor (TKM), the automotive joint venture between Japan's Toyota Motor Corp. and India's Kirloskar Group is set to invest Rs.1400 crore ($350 million) on a new plant in Bangalore from where it will roll out its small car in a bid to tap the largest segment of car market in India.
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Apple, Sony Pay Japanese Customers Over Battery Fire

Apple and Sony reached an agreement on Monday to pay about 1.3 million yen ($12,903) to settle claims that a man was burned after an Apple computer caught fire, which allegedly was caused by a faulty Sony battery.
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China Likely to Outpace US by 2025

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.
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Toyota Recalls Over Million Cars in US, Japan

Toyota Motor Corp said Wednesday it will recall about 539,500 Corolla and Matrix vehicles sold in the U.S. from defects in window glass, while nearly 630,000 minivans will be recalled in Japan.
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Japan Stocks Dropped On Profit-Taking

Japan stocks dropped Tuesday as investors began to raise fears about global economy and situation of Beijing Olympic. Also some investors sold stocks for profit-taking before earnings season. Many investors expect results of Japan and U.S. companies' quarterly earnings will not be so profitable.
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Shirakawa To Head Bank of Japan

The Democratic Party of Japan (DPJ) decided Tuesday to accept Masaaki Shirakawa as Bank of Japan(BOJ) chief, ending a stalemate that has left the world's second largest economy without a permanent central in the midst of a global credit crisis.
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Gold needs to retain its string of recent closes

By Jon Nadler Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...
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Japan Rushes to Nominate new BOJ Head

As the Group of Seven (G7) finance chiefs descends on Washington D.C. next week, the Japanese government plans to propose Masaaki Shirakawa as the head of the Bank of Japan in a rush to ensure attendance at the key international meeting.
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Japanese Corp Bond Issuance Hit 4-Year High

While U.S. housing market was weakening and the stock and foreign currency markets destabilized, there was trend of increasing Japanese corporate bonds issuance for individual investors last year.

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