Lenders Unlikely to Tighten Screws on Olympus, for now

Men walk past a sign of Olympus Corp outside the company's showroom in Tokyo
Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.
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U.S. President Barack Obama speaks at his news conference at the conclusion of the APEC Summit in Honolulu, Hawaii

Obama to China: Behave Like 'Grown-up' Economy

President Barack Obama told China on Sunday that the United States was fed up with its trade and currency practices, as he turned up the heat on America's biggest economic rival at an Asia Pacific summit.

Flood Reduces Honda Output, Toyota Recovers

The impact of Thailand's floods on Honda Motor Co has extended to a fourth continent, while in contrast Toyota Motor Corp showed further signs of recovery from the disaster.
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Toyota Recalls 550,000 Vehicles Due to Steering Flaw

Toyota Motor Corp. is recalling about 550000 vehicles worldwide to replace an engine component that could hamper steering. This will include 420,000 in the U.S. Nearly 27,000 vehicles were recalled in Canada and 38,000 recalled in Japan.
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Fashion’s Night Out: Vogue Editors Take on Tokyo

Tokyo's Fashion's Night Out was not just fashionable, it was momentous. For the first time, Vogue editors from around the globe joined forces to celebrate the premiere of Japan's Fashion's Night Out in Tokyo. Anna Wintour led the chic clique of 17, for her first visit to the country in more than 20 years.
Photo of the tsunami-crippled No. 4 reactor of TEPCO's Fukushima Daiichi Nuclear Power Station in Fukushima prefecture

Radioactive Xenon Detected at Fukushima Nuclear Plant

Signs of nuclear fission at the crippled Fukushima atomic power plant have been discovered, raising the risk of increased radiation emissions, officials said Wednesday, suggesting one of its reactors could have a new problem.
Economy signals a sluggish rebound

Economy signals a sluggish rebound

The economy gained momentum for a third straight month in August, growing 0.3 percent from September and putting to rest fears of a recession, but not showing enough strength to trigger interest rate hikes
100 dollar bank notes and 10,000 yen notes.

Japan Intervenes to Tame Soaring Yen Ahead of G20

Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.
Visitors are silhouetted against a Logo of the Honda Motor at the company showroom in Tokyo

Honda Withdraws Annual Guidance; Q2 Profit Tanks

Honda Motor Co withdrew its annual earnings guidance in an unusual move on Monday due to uncertainties including currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
Ukrainian actress Olga Kurylenko arrives for the GQ Men of the Year 2010 Awards at the Royal Opera House in London

Chernobyl Film Hits Home in Post-Fukushima Japan

The film Land of Oblivion may revolve around victims of the Chernobyl disaster a quarter of a century ago, but Japanese audiences will see striking parallels with current-day headlines following the Fukushima nuclear crisis.
Apple sales in the Asia-Pacific region jumped 174% from a year ago.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.


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