Nikon halts development of single-lens reflex camera

Nikon Corp. has in recent years halted development of single-lens reflex cameras as the Japanese camera maker is shifting its focus to mirrorless cameras which are lighter than SLR types, company sources said Tuesday. Nikon, which began selling SLR cam…

Tokyo stocks down in morning following 3-day rally

Tokyo stocks fell Tuesday morning as investors locked in gains after a three-day rally and cautiously awaited the release this week of U.S. consumer price data. The 225-issue Nikkei Stock Average fell 449.54 points, or 1.68 percent, from Monday to 26,3…

BOJ lifts view on 7 of 9 regional economies in Japan

The Bank of Japan on Monday upgraded its view on seven of the nine regional economies, reflecting the diminishing negative impact of COVID-19 on private consumption even though supply bottlenecks persist. In its quarterly Sakura report, the BOJ maintai…

Main events scheduled for Tuesday, July 12

Main events scheduled in Japan for Tuesday, July 12: — Funeral of former Prime Minister Shinzo Abe to be held with only close relatives in attendance. — Finance Minister Shunichi Suzuki to meet with U.S. Treasury Secretary Janet Yellen. — Preliminar…