Japan's Sony Corp has decided not to sell its lithium-ion battery unit, media reported on Sunday, in a gamble that it can turn the business around with a weak yen and growing demand for smart phone batteries.
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Japanese Prime Minister Shinzo Abe's cabinet approved a $182 billion package on Thursday to pull the economy out of deflation, but doubts remain about the impact.
Japan's exports are forecast to have grown at their fastest annual pace in three years in August as a weaker yen increases competitiveness and global demand picks up, further evidence an economic recovery is establishing roots, a Reuters poll shows.
