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Oil prices steady after sharp rise in U.S. stockpiles

Oil prices steadied on Thursday after a sharp rise in U.S. crude and gasoline stockpiles, although evidence that OPEC and other big exporters were cutting production helped support sentiment. Brent crude was up 5 cents at $56.85 a

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Oil prices steady after sharp rise in U.S. stockpiles

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Samsung Electronics may build U.S. plant for home appliances: source

Samsung Electronics Co Ltd may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism about imports from new U.S. President Donald Trump. The new U.S. administration

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Samsung Electronics may build U.S. plant for home appliances: source

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan's trade surplus. Japan is putting together a package of plans for Japanese companies to invest in infrastructure and job…

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Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

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Economy pays tab for Japan Inc’s free lunch on overtime

Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers' pockets to boost consumer spending, appear to underestimate the problem. Prime Minister Shinzo Abe is trying to enact labor reforms as part of his “Abenomics” plan to end decades of stagnant growth and deflation. Government data shows that Japanese work an average of 14.2 hours of overtime a month, but 2,000 respondents …

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Economy pays tab for Japan Inc’s free lunch on overtime

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

The Japanese government and a Hitachi Ltd unit will compile a package worth around 1 trillion yen ($8.5 billion) for a UK nuclear power plant project, a government official involved in the project said on Thursday. The Japan Bank for International Cooperation and the Development Bank of Japan will provide financing for the project, the official told Reuters. The funding plans are a boost for the project, one of several new nuclear plants planned

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

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Corolla, Toyota’s car for the masses, turns 50

This weekend marks the 50th anniversary of the Toyota Corolla, one of the world's best-selling cars. Since the first model went on sale in Japan on Nov. 5, 1966, some 44.3 million Corollas have been sold globally through the end of September, including the Corolla Fielder station wagon and other variants, the Japanese automaker says. Here are some milestones along the way and where it stands today.   CAR FOR THE MASSES In the late 1950s, as Japan&#…

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Corolla, Toyota’s car for the masses, turns 50

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South Korea to widen Takata air bag recall by 110,000 vehicles

South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new

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South Korea to widen Takata air bag recall by 110,000 vehicles

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South Korea to widen Takata air bag recall by 110,000 vehicles

South Korea said on Wednesday that 13 automakers will recall some 110,000 vehicles equipped with Takata Corp's defective air bags, the latest development in a long-running safety crisis involving the Japanese company. The United States in May announced a new round of recall of Takata's air bag inflators which have been linked to at least 14 deaths and more than 100 injuries and triggered the largest-ever auto recall. South Korea's transport ministry said a total of 221,870 vehicles

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South Korea to widen Takata air bag recall by 110,000 vehicles

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Takata failed to report 2003 air bag rupture to U.S. road authority

By David Shepardson and Paul Lienert WASHINGTON/TOKYO (Reuters) – Japanese air bag supplier Takata Corp said it failed to inform the U.S. auto safety agency of a 2003 rupture of one of its air bag inflators …

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Takata failed to report 2003 air bag rupture to U.S. road authority

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Hanjin Shipping secures $45 million, more may take ‘considerable time’

SEOUL/SYDNEY (Reuters) – The chairman of Hanjin Group transferred 40 billion won ($36 million) to Hanjin Shipping on Tuesday to help unload cargo stranded on the troubled shipper's vessels, a spokesman said, but regulators warned securing further funds could take “considerable time”. The parent of Hanjin Shipping pledged last week to raise 100 billion won to help …

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Hanjin Shipping secures $45 million, more may take ‘considerable time’

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