Japan News
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Sony, Panasonic Withstand Strong Yen With Forecasts
Sony Corp. and Panasonic Corp., the world’s largest consumer-electronics makers, signaled Japanese technology companies are withstanding slowing European demand and the stronger yen after raising their earnings forecasts .
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Nomura Profit Declines to 2.3 Billion Yen on Investment Banking, Trading
Nomura Holdings Inc. , Japan’s biggest brokerage, said profit fell 80 percent in the first quarter on a slump in investment banking and trading.
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DPJ Lawmakers Urge Kan to Focus on Growth, Push Bank of Japan on Deflation
Lawmakers from Japan’s ruling party pressed Prime Minister Naoto Kan to shift the focus of his economic policy to growth from fiscal restraint and urge the central bank to do more to tackle deflation.
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Yen Strengthens to Year's Highest Level Against Dollar on Economy Concern
The yen rose to the strongest level this year against the dollar and gained for a third day versus the euro as signs the global recovery is losing momentum boosted demand for Japan’s currency as a refuge.
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