Japan’s Nikkei Stock Average NIK, -0.20% was down 0.2% in early afternoon trading, after setting its latest 26-year closing high Monday. But department stores rose solidly Tuesday after Takashimaya posted solid fiscal third-quarter earnings ... ( read original story ...)
Japan’s November consumer prices rise for 11th straight month
Japan’s core consumer prices rose for the eleventh straight month and household spending jumped in November, offering the central bank some hope a steady economic recovery will gradually drive up inflation to its 2 per cent target. But the increase in ... ( read original story ...)
Ultra-easy monetary policy weighs heavily on Japanese bank profits
Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan (BoJ ... ( read original story ...)
Japan’s household spending jumps but BOJ seen keeping stimulus
TOKYO (Reuters) - Japan's households spent more than expected in November while consumer inflation ticked up and the jobless rate hit a fresh 24-year low, offering the central bank some hope an economic recovery will drive up inflation to its 2 percent target. ( read original story ...)
Japan considers refitting helicopter carrier for stealth fighters: government sources
TOKYO (Reuters) - Japan is considering refitting the Izumo helicopter carrier so that it can land U.S. Marines F-35B stealth fighters, government sources said on Tuesday, as Tokyo faces China's maritime expansion and North Korea's missile and nuclear ... ( read original story ...)
Japan’s Denso considering $440 million investment in JOLED: Kyodo
TOKYO (Reuters) - Japanese auto parts maker Denso Corp is considering a 50 billion yen ($440 million) investment in organic light-emitting diode (OLED) panel maker JOLED, Kyodo news reported, citing sources close to the matter. JOLED, a Japan Display ... ( read original story ...)
Nikkei dips in thin holiday trade, Takashimaya lifts retailers
TOKYO, Dec 26 (Reuters) - Japan's Nikkei share average inched down on Tuesday, caught in a narrow range as the index lacked leads from other markets, while retailers were lifted after Takashimaya rose strongly on upbeat earnings. The Nikkei was 0.08 ... ( read original story ...)
Japan jobless rate lowest since 1993
Japan's unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that the world's third-largest economy is on track to recovery even if the place is slow. Figures released by the ... ( read original story ...)
Seeing Nagoya Castle in a new light with night illuminations
NAGOYA--Dozens of illuminated spheres are lending imposing Nagoya Castle, a city landmark, an extra aura of nighttime magic through mid-January. Ninety or so spheres were installed on the castle grounds, each about 1.5 meters in diameter, that flash in ... ( read original story ...)
Nikkei takes a breather the day after Christmas; Kospi edges up
Asian markets were mixed early in the Tuesday session in what's likely to be light, holiday-week trading. Japan's benchmark Nikkei 225 index came under slight pressure after closing at a 26-year high in the last session, despite thin holiday trade. ( read original story ...)
Japan pushes for March signing of TPP 11
TOKYO -- The Japanese government is working to have a retooled version of the Trans-Pacific Partnership, the multilateral trade and investment agreement abandoned by the U.S, signed by early March. But labor rights and other issues remain sticking points ... ( read original story ...)
Nikkei edges up, helped by hopes for c.bank purchases of ETFs
TOKYO: Japan's Nikkei share average erased early losses and scraped out gains on Monday as expectations that the Bank of Japan would buy more exchange-traded funds (ETFs) offset drops by financial stocks. The central bank periodically buys ETFs as part of ... ( read original story ...)
Ohtani bids farewell to Japan fans ahead of Angels adventure
... bound Shohei Ohtani bid farewell to fans of his former Japanese club on Monday as he sets off to join his new team. The star pitcher and hitter wore an Angels jersey to his public news conference. He opened with an introduction in English, saying ... ( read original story ...)
BoJ says low rates hurting Japanese banks
TOKYO: Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan ... ( read original story ...)
Meet The Japanese Space Entrepreneur Who’s Sure He’ll Win The Google Lunar X Prize
Hakamada: There is not that many startups in Japan’s space industry. But the ones that exist are headed forward with clear business models, and often with founders that have a business background. About Asia, we are making some connections with other ... ( read original story ...)
Japan supports Philippines industrial vision
Citing results from a survey conducted by the Japan Bank for International Cooperation (JBIC), Shinoda said the Philippines is ranked number eight among potential business destinations of Japanese manufacturing companies. In the JBIC survey, the top factor ... ( read original story ...)