Tuesday 26 May 2015
 
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Japan

Mitsubishi surges past 1-trillion yen profit mark

Mitsubishi UFJ Financial Group (MUFJ) said that its annual net profit passed the one trillion yen mark, a first for any Japanese lender, while top rivals Mizuho and Sumitomo saw their bottom line shrink. The whopping earnings for

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Air bag-linked recall may hit Honda sales in Japan

Honda Motor Company could see an impact on sales in Japan from its plans to recall some five million cars to replace potentially fatal air bags made by Japan's Takata Corporation, said a top executive. Senior managing officer

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Oil prices slip away from 5-month highs

Oil prices slipped away from five-month highs in early Asian trading on Thursday as Japanese factory output weakened for the second straight month. Japanese industrial output fell 0.3 per cent in March adding to mounting evidence

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Strong quake hits Japan, Taiwan; tsunami warning lifted

A strong earthquake rattled Taiwan and small islands in the far south of Japan on Monday, official monitoring sites said, briefly prompting a warning for a 1-metre tsunami for the Okinawa island chain. There were no immediate repo

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RAK team shares business set-up with Japanese investors

A Ras Al Khaimah Free Trade Zone delegation to Japan has shared its business set-up and expansion benefits with Japanese investors. Led by Ramy Jallad, acting chief executive officer of RAK FTZ, the mission sought to enhance trade

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Toshiba opens hydrogen energy research centre in Tokyo

Toshiba Corporation has opened the ‘Toshiba Group Hydrogen Energy Research & Development Center’ (HRDC) at its Fuchu Complex in western Tokyo, Japan. The new centre will concentrate on group-wide initiatives to rea

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Abu Dhabi’s first solar car to go on show at Yas Mall

Yas Mall is set to showcase a solar car, conceived in Japan, but built by students in Abu Dhabi, which debuted at a race earlier this year. The Abu Dhabi’s Petroleum Institute Research Center and University solar car will re

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Abu Dhabi’s first solar car to go on show at Yas Mall

Yas Mall is set to showcase a solar car, conceived in Japan, but built by students in Abu Dhabi, which debuted at a race earlier this year. The Abu Dhabi’s Petroleum Institute Research Center and University solar car will re

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Japan's core consumer inflation grinds to a halt

Japan's annual core consumer inflation ground to a halt in February, the first time it has stopped rising in nearly two years, keeping the central bank under pressure to expand monetary stimulus later this year. Other data pub

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Japan plans to invest $5.6bn in Indonesia

Japanese companies will invest $5.6 billion in Indonesia, following President Joko Widodo's visit to Tokyo, the head of Indonesia's investment board said. Toyota Motor will invest $1.6 billion while Suzuki Motor will incre

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