Panasonic to speed up M&A activity in Europe

OSAKA -- Panasonic may transfer some functions tied to mergers and acquisitions to Europe so it can speed up overseas takeovers, the company's new chief financial officer told The Nikkei. A Dutch intermediate stockholding company would take on certain ... ( read original story ...)

Light earthquake 4.1 mag, 12 km ENE of Yonakuni, Japan

A light earthquake with magnitude 4.1 (ml/mb) was reported 12 km ENE of Yonakuni, Japan (7 miles) on Friday. The earthquake was roughly at a depth of 67.21 km (42 miles). Exact location of earthquake, longitude 123.12 East, latitude 24.4941 North, depth ... ( read original story ...)

Nissan faces $220m hit from Japanese recall

Nissan will recall 1.2 million vehicles in Japan after regulators said safety checks did not meet domestic requirements. Nissan shares fell by 5% on Monday after the firm said the recall could cost about 25bn yen (£167m; $220m). The vehicles were produced ... ( read original story ...)

Tokyo stocks close at fresh two-year high

Tokyo's benchmark stock index closed at its highest level in more than two years on Tuesday, as strong manufacturing data pointed to a strengthening US economy while a weaker yen boosted Japanese exporters. The Nikkei 225 index rose 1.05 percent, or 213.29 ... ( read original story ...)

Tokyo stocks up at break after new records on Wall Street

Tokyo stocks rose Tuesday morning, picking up a strong lead from Wall Street which powered to new records, with investor sentiment buoyed by strong US manufacturing data and a weaker yen. The benchmark Nikkei 225 index rose 0.77 percent, or 157.45 points ... ( read original story ...)

Japan, Hong Kong shares track Wall Street advance

TOKYO (AP) — Shares in Japan and Hong Kong gained Tuesday, tracking an overnight rally on Wall Street, where indexes set fresh record highs. Australia's S&P/ASX 200 fell, and the South Korean and Shanghai markets were closed for national holidays. ( read original story ...)

Japan’s pursuit of fiscal health remains pie in the sky

TOKYO -- Prime Minister Shinzo Abe's plan to channel a portion of consumption tax revenue to education spending raises a red flag as it signals an about-face on the government's commitment to improving Japan's fiscal health. In a Sept. 25 news conference ... ( read original story ...)