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Tokyo stocks close up 1.09pc, Nikkei 225 index closed 157.50 points

April 23, 2014 - 07:49
Tokyo stocks ended 1.09 percent higher Wednesday, buoyed by another day of gains on Wall Street and as railway and hotels giant Seibu Holdings rose nearly 11 percent on its return to the Japanese market. (brecorder.com)
Categories: Japan News

Weak yen unable to curb ballooning trade deficit

April 22, 2014 - 23:25
Finance Ministry statistics have cast a dark cloud over government strategy to conquer deflation and improve the balance of trade through depreciation of the yen. The figures show that the weak yen has so far failed to spur Japan's exports as much as expected. (The Japan News)
Categories: Japan News

Japan eyes promoting performance-based pay system

April 22, 2014 - 23:10
The Japanese government is considering allowing companies to apply a performance-based pay system to a wider range of employees and to stop paying overtime wages, it was learned Tuesday. (Jiji Press)
Categories: Japan News

Nikkei falls in thin trade on caution over earnings, Ukraine

April 22, 2014 - 07:20
Tokyo shares dropped on Tuesday, unable to maintain earlier gains, on caution over upcoming Japanese corporate earnings reports and tensions in Ukraine. (Reuters)
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Japan overhauls its public pension fund, the world's biggest

April 21, 2014 - 23:06
Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy. (theglobeandmail.com)
Categories: Japan News

Labor shortage hits major industries

April 21, 2014 - 22:53
With the economy appearing to be on the road to recovery, a wide range of industries, from construction and manufacturing to restaurants, are facing labor shortages. (The Japan News)
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Japan, U.S. resume trade talks ahead of Obama's visit

April 21, 2014 - 22:19
The Japanese and U.S. governments resumed working-level bilateral talks under the Trans-Pacific Partnership free trade initiative on Monday, two days ahead of U.S. President Barack Obama's visit to Japan. (Jiji Press)
Categories: Japan News

Tokyo stocks end lower after wiping out gains

April 21, 2014 - 11:14
Stocks failed to sustain their earlier strength supported by the yen's weakness and ended lower on the Tokyo Stock Exchange on Monday. (The Japan News)
Categories: Japan News

Japan logs record trade deficit of 13.75 tril. yen in FY 2013

April 21, 2014 - 06:43
Japan logged a record trade deficit of 13.75 trillion yen in fiscal 2013, up 68.5 percent from a year earlier, as a surge in energy imports amid the prolonged halt of nuclear power plants dwarfed growth in exports, the Finance Ministry said Monday. (Kyodo)
Categories: Japan News

Japan, U.S. OK 9% floor on beef tariff

April 20, 2014 - 23:41
Japan and the United States have agreed in bilateral talks held in connection with the Trans-Pacific Partnership accord negotiations that the tariff on imported U.S. beef will be "9 percent or more," according to government sources. (The Japan News)
Categories: Japan News

Japan to abolish tariff on Aussie oranges during Summer

April 19, 2014 - 03:04
Japan's agricultural ministry said Friday that the country will abolish its 16 pct tariff on oranges from Australia during the June-September summer season in stages over 10 years after a bilateral economic partnership agreement takes effect. (Jiji Press)
Categories: Japan News

Tokyo stocks close up 0.68pc, Nikkei 225 index added 98.74 points

April 18, 2014 - 07:52
Tokyo stocks rose 0.68 percent in quiet trade Friday as a weaker yen boosted exporter shares following a mixed session on Wall Street. (brecorder.com)
Categories: Japan News

Wage hike exceeds Y7,000 for 1st time in 16 years

April 17, 2014 - 23:19
This spring's labor-management wage negotiations have so far resulted in an average monthly wage increase of ¥7,697 among union members at major companies, according to the Japan Business Federation (Keidanren). (The Japan News)
Categories: Japan News

Govt. revises down economic assessment

April 17, 2014 - 22:58
Japan's government downgraded its assessment for the current state of the country's economy. This is partly due to a downturn in demand after the consumption tax hike. The downward revision is the first in 17 months. (NHK)
Categories: Japan News

Asia stocks subdued, Nikkei weak on profit taking

April 17, 2014 - 07:28
Asian stock markets were subdued on Thursday, with Japan's Nikkei faltering as investors locked in profits after a strong rally. (AP)
Categories: Japan News

Japan official says differences on TPP narrowing

April 16, 2014 - 23:58
Negotiators from Japan and the United States haven't been able to make a breakthrough yet at the Trans-Pacific Partnership trade talks. But a Japanese official says the 2-sides have made some progress. (NHK)
Categories: Japan News

BOJ's Kuroda maintains positive view on economy

April 16, 2014 - 07:37
Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed the central bank's upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a sales tax hike fades. (Reuters)
Categories: Japan News

Nikkei surges, SoftBank jumps on Alibaba earnings

April 16, 2014 - 07:36
Japan's Nikkei share average surged on Wednesday after a better performance on Wall Street the day before and comments from Japanese Finance Minister Taro Aso that the market took to suggest more stock buying by the government's pension fund. (Reuters)
Categories: Japan News

Survey: Many Japanese firms need fresh capital

April 16, 2014 - 00:05
Many Japanese companies say they need more capital. That's seen as an indication that they're more positive about expanding their business. (NHK)
Categories: Japan News

BOJ to adjust monetary policy if necessary: Kuroda

April 15, 2014 - 07:55
The Bank of Japan is ready to adjust monetary policy if necessary, BOJ Governor Haruhiko Kuroda said Tuesday. (Jiji Press)
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