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Japanese investors binge on debt abroad amid negative yields at home

March 10, 2016 - 22:07
Japanese investors are scooping up bonds overseas to flee negative yields at home, driving a global debt-market rally. (Japan Times)
Categories: Japan News

Negative rates push Japan's savings from banks to mattresses

March 9, 2016 - 23:36
Japan's cash in circulation is growing at the fastest rate in 13 years as ripples from the Bank of Japan's negative interest rates push consumers' money out of savings accounts and into safes and other at-home repositories. (Nikkei)
Categories: Japan News

GDP revised upward to minus 1.1 %

March 8, 2016 - 22:12
The Cabinet Office announced an upward revision to Japan's GDP on Tuesday. It says the economy contracted an annualized 1.1 percent in real terms in the last 3 months of 2015. (NHK)
Categories: Japan News

Japan govt adopts TPP-related bills

March 8, 2016 - 22:06
The Japanese government decided at a cabinet meeting Tuesday to request parliamentary approval of the Trans-Pacific Partnership free trade pact and introduce a package of 11 TPP-related amendment bills. (Jiji Press)
Categories: Japan News

Electronics firms set to raise base pay by minimum Y1,500

March 8, 2016 - 21:51
Major electronics manufacturers, including Hitachi, Ltd. and Mitsubishi Electric Corp., are in the final stage of their adjustments for the proposal of a monthly basic pay hike of at least ¥1,500 in response to labor unions' demands for ¥3,000 in this year's shunto spring wage hike negotiations. (the-japan-news.com)
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YIES / Kuroda: Deflation will not return

March 8, 2016 - 02:32
The Bank of Japan's policy of quantitative and qualitative monetary easing (QQE) with a negative interest rate is aimed at benefiting households and firms and ultimately helping the country to fully overcome deflation, central bank Gov. Haruhiko Kuroda said Monday. (the-japan-news.com)
Categories: Japan News

5,803 foreign trainees fled jobs in 2015

March 8, 2016 - 02:30
The number of foreign technical intern trainees who fled from workplaces last year reached the highest level ever at 5,803, greatly surpassing the previous year's figure, according to a Justice Ministry survey. (the-japan-news.com)
Categories: Japan News

BOJ's Kuroda says impact of next sales tax hike to be less than in 2014

March 7, 2016 - 09:17
Bank of Japan Gov. Haruhiko Kuroda said Monday that the impact of a sales tax increase scheduled for April 2017 would be much less than that which resulted from the hike in 2014 - sending Japan into a recession. (Japan Times)
Categories: Japan News

Unions drop plan to seek pay hikes in talks

March 6, 2016 - 00:44
Labor unions at major financial institutions in Japan are giving up the idea of requesting pay hikes in this year's shunto spring wage negotiations, hit partly by the Bank of Japan's negative interest rate policy. (Japan Times)
Categories: Japan News

LDP to tackle 'taboo' of expanding foreign labor force

March 6, 2016 - 00:37
Japan's ruling party kicks off a debate this month on whether to expand the pool of foreign workers to cope with a graying, shrinking population, challenging a longstanding "taboo" on immigration. (Japan Today)
Categories: Japan News

China-related bankruptcies spike in Japan

March 4, 2016 - 23:51
The Chinese economy's woes are rippling toward Japan and the rest of the world, triggering a wave of bankruptcies among companies dependent on the Asian giant. (Nikkei)
Categories: Japan News

BOJ chief Kuroda says interest rates won't drop again, for now

March 4, 2016 - 09:47
Bank of Japan Gov. Haruhiko Kuroda said Friday the central bank is not considering cutting rates again. It introduced a negative rate in February. (Japan Times)
Categories: Japan News

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