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Nikkei extends gains to 9th day, limited by Wall Street's rate hike nerves

TOKYO, May 27- Japan's Nikkei share average was marginally higher on Wednesday morning, extending its gains into a ninth day, but gains were limited as U.S. shares languished after upbeat U.S. data fed fears that a rate hike may come earlier than expected. The buoyant data follows Federal Reserve Chair Janet Yellen saying on Friday that the central bank could raise...
Source: Reuters | By: Ayai Tomisawa
UPDATE 1-Takata faces questions over air bag fix as recalls expand

*Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Source: Reuters | By: Ben Klayman
Takata faces questions over air bag fix as recalls expand

*Takata says confident new air bags are safe. DETROIT, May 26- Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall are safe, industry officials involved in the process said.
Source: Reuters | By: Ben Klayman
Nikkei's winning streak runs into profit-taking

*Tomy falls after Marunouchi Capital sells entire stake. *Kyushu Electric rises after nuclear reactor restart announcement. TOKYO, May 26- Japan's Nikkei share average edged down on Tuesday morning, snapping a seven-day winning streak as investors took profits after the recent gains made on optimism over the economy's recovery and higher shareholder...
Source: Reuters | By: Ayai Tomisawa
Automakers to reveal models covered by wider air bag recall

DETROIT- Eleven automakers are expected next week to reveal which models are being added to a massive recall of air bags made by Takata Corp.. On Tuesday, the U.S. National Highway Traffic Safety Administration announced a deal with Takata to declare millions of its air bag inflators defective and expand the recall from 17 million to 33.8 million.
Source: The Associated Press | By: By TOM KRISHER, AP Auto Writer
The huge biz of hunting  

David Farbman is the Carbon Media Group founder and Chairman behind OutdoorHub.com, and discusses how he's finding profit from the outdoors.
Source: CNBC.com
Toyota promises to help find cause of Takata airbag defects

TOKYO- Toyota President Akio Toyoda vowed to help get to the bottom of the problems with Takata air bags, the recalls for which have ballooned to nearly 34 million vehicles, stressing that regaining consumer trust is an industry-wide concern. Doubts are growing about whether Japanese supplier Takata Corp. has the financial muscle to deal with all the defects, a...
Source: The Associated Press | By: By YURI KAGEYAMA, AP Business Writer
Nikkei snaps 5-day winning streak; Market awaits BOJ outcome

*Seibu tumbles after Cerberus launched selldown. *Skylark dives after news Bain Capital to sell stake. TOKYO, May 22- Japan's Nikkei share average edged down on Friday morning, snapping a five-day winning streak as investors carefully await for the outcome of the Bank Of Japan's two-day policy meeting.
Source: Reuters | By: Ayai Tomisawa
The latest things to know about the Takata air bag recall

DETROIT- Out of concern for the safety of drivers, the U.S. government may step in to manage a giant recall of air bags made by Takata Corp.. Takata agreed this week to declare millions of air bag inflators defective. That added 17 million cars and trucks to existing recalls by 11 manufacturers- BMW, Fiat Chrysler, Ford, General Motors, Daimler Trucks, Honda, Mitsubishi,...
Source: The Associated Press | By: By TOM KRISHER, AP Auto Writer
Current, former NGK Spark Plug executives indicted for price fixing

WASHINGTON, May 21- A current and a former executive of Japan's NGK Spark Plug Co Ltd were indicted on Thursday on charges of fixing the prices of spark plugs and oxygen sensors, the U.S. Justice Department said. Norio Teranishi, a former executive, and Hisashi Nakanishi, a current employee of NGK Spark Plug, were accused of conspiring to fix the prices of parts sold to...
Source: Reuters