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Japan records trade deficit as imports surge on energy costs

TOKYO (AP) — Japan recorded a trade deficit in April as imports ballooned 28% after energy prices soared following the war in Ukraine. Japan’s exports grew to 8.076 trillion yen ($6...

Japan's economy contracts as energy prices soar

TOKYO (AP) — Japan’s economy shrank at a worse than expected annual rate of 1% in the first quarter, as rising prices and COVID-19 restrictions sapped spending and investment, according to data releas...

Global shares trading mixed as markets eye US interest rates

TOKYO (AP) — Global shares were mixed Monday, as investors eyed surging energy costs and prospects for interest rate hikes in the U.S. European benchmarks were trading mixed, with s...

Japan's Honda sees profit slide on chips, material cost woes

TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs. ...

Nissan mulling third auto plant in the US to meet EV demand

YOKOHAMA, Japan (AP) — Nissan is considering adding a new auto plant in the U.S. to keep up with growing demand for electric vehicles, a top executive at the Japanese automaker said Friday. ...

Japan's SoftBank sinks to losses as investments sour

TOKYO (AP) — SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday. SoftBank Gro...

Japan's Nissan returns to profit despite chips shortages

TOKYO (AP) — Japanese automaker Nissan returned to profitability in the last fiscal year for the first time in three years, despite challenges such as supply shortages caused by the pandemic and soari...

Toyota's quarterly profit down on COVID parts crunch

TOKYO (AP) — Toyota's profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings. Toyota Motor Corp...

Sony's profit surges on healthy film, game, music growth

TOKYO (AP) — Sony’s fiscal fourth quarter surged 67% to 111.1 billion yen ($852.7 million) from the previous year, as the Japanese entertainment and electronics company racked up profits in video game...

Nintendo's profit dips slightly as Switch console sales slow

TOKYO (AP) — Nintendo’s profit for the fiscal year ended in March was little changed from the previous year, edging down 0.6% to 477.7 billion yen ($3.7 billion), the Japanese video game maker behind ...

Global shares mostly fall as rate hikes, China slowdown loom

TOKYO (AP) — Global shares fell on Monday as interest rate hikes and a slowing Chinese economy weighed on investor sentiment. European shares fell in early trading and Asian benchma...

World shares, oil decline as EU energy ministers to meet

TOKYO (AP) — Global shares fell Monday and oil prices lost about $3 a barrel as European energy ministers were set to meet to discuss Russian supply issues and sanctions. U.S. futur...

World shares mixed, China gains on talks of help for economy

TOKYO (AP) — Global shares were mixed Wednesday, with European shares advancing after a retreat in Asia, though mainland Chinese stocks rebounded as Beijing redoubled confidence-boosting efforts with ...

Global shares fall amid interest rate, earnings worries

TOKYO (AP) — European stocks declined Monday, tracking losses in Asia as worries over interest rate hikes dominated an array of investor concerns. The Shanghai Composite index sank ...

Asian shares fall, trading muted with Good Friday, holidays

TOKYO (AP) — Asian shares fell in muted trading as most world markets were closed for Good Friday and other holidays. Benchmarks declined in Tokyo, Seoul and Shanghai. Sydney, Manil...