Japan posted its first trade surplus in six years in 2016 as imports slumped on falling energy prices, the Finance Ministry said Wednesday. The surplus stood at ¥4.07 trillion ($35.76 billion). The value of imports tumbled 15.9 percent to ¥65.97 trillion ... ( read original story ...)
Japan government: fiscal targets slip further as tax revenue falls
TOKYO Japan's government said on Wednesday that the primary deficit will worsen in coming years, even according to its most optimistic forecasts, because of falling tax revenue and weak consumer spending. The forecasts, released by the Cabinet Office ... ( read original story ...)
Japanese Prime Minister Shinzo Abe is still pitching Trump on TPP
Japan's Prime Minister Shinzo Abe makes a policy speech at the start of the ordinary session of parliament in Tokyo Thomson Reuters TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday he believed U.S. President Donald Trump understood the ... ( read original story ...)
The best business class on Sydney-Tokyo flights
Receive 75,000 Qantas Points when you spend $2,500 on eligible purchases in the first 3 months plus no annual fee for the first year. T&Cs, fees and charges. Online offer only. Click here to apply now. Jetting from Sydney to Tokyo’s Haneda or Narita ... ( read original story ...)
Toshiba to unveil extent of U.S. nuclear business writedown on February 14
TOKYO Japan's Toshiba Corp (6502.T) said it will unveil the extent of the writedown on its U.S. nuclear business on Feb. 14 when it reports its results for the quarter ended Dec. 31. The laptops-to-engineering conglomerate, still recovering from a $1.3 ... ( read original story ...)
Japan's vending machines tell you a lot about the country's culture
Last weekend, I returned from a trip to Japan to help Business Insider launch its latest international edition, Business Insider Japan. After spending two weeks in Tokyo, one aspect of the city continued to strike me after I returned: the overwhelming ... ( read original story ...)
Osaka knocked out of Australian Open
Wozniacki, who reached the semifinals here in 2011, lost in the second round in 2015 and in the first round a year ago. Osaka, however, missed the forehand and Konta duly delivered two aces to hold. 'I played really well at the end of previous year. ( read original story ...)
A bunch of architects want to build a $26 billion underwater city in Tokyo — take a look
The architects at Shimizu Corporation, a Tokyo-based firm, want to build underwater cities that they call Ocean Spirals. There are no concrete plans to construct an Ocean Spiral, which project leader Masaki Takeuch estimates would cost $26 billion. ( read original story ...)
Alaska opens trade, pipeline office in Tokyo
Alaska - The state of Alaska has opened an office in Tokyo to help promote trade and advance a long hoped-for natural gas pipeline project. The office and the hiring of Masatoshi Nick Shiratori to direct it was only announced to companies doing business ... ( read original story ...)
Toshiba eyes stake sale in chip business as writedown looms: source
TOKYO Toshiba Corp (6502.T) wants to sell a minority stake in its core semiconductor business and is considering potential buyers including U.S. partner Western Digital Corp (WDC.O), a source said, as the Japanese group prepares for a multi-billion-dollar ... ( read original story ...)
Panasonic aims to move Tesla auto partnership beyond batteries: CEO
OSAKA: Panasonic Corp aims to extend its partnership with electric car maker Tesla Motors Inc beyond batteries and into self-driving technology, as the Japanese conglomerate continues to shift its focus to the automotive business. The electronics maker has ... ( read original story ...)
Japan business mood up on growth prospects, wary on outlook – Reuters Tankan
TOKYO (Reuters) - Japanese manufacturers' morale rose for a fifth straight month in January to a 2-1/2 year high and the service sector's mood jumped to its highest levels since mid-2015, a Reuters poll showed, thanks to a weak yen and buoyant share prices. ( read original story ...)
Right-Wing Hoteliers in Japan Anger China With Radical Historical Views
TOKYO — She is the colorful face of Japan’s largest hotel chain, known for her garish fashion sense and business books with titles like “I Am a President.” He is the darker side of the partnership: a right-wing polemicist who has leveraged the ... ( read original story ...)
Asian shares mixed, Japan's Nikkei gains on weaker yen
Japan's benchmark rose after the dollar slipped against the ... Brent crude, the international standard, rose 47 cents to $54.39 a barrel. AP Business writers Stan Choe and Marley Jay contributed to this report. ( read original story ...)
Businesses fear big losses with Tokyo Big Sight shutdown for 2020 Olympics
Two main halls at Tokyo Big Sight in the Odaiba waterfront district will ... It’s by far our most important business opportunity,” he said, adding that about 70 percent of his company’s sales are generated by clients established at the exhibitions. ( read original story ...)
Toshiba mulls chip business stake sale to Western Digital: Nikkei
TOKYO Toshiba Corp is looking to spin off its semiconductor business assets and sell a roughly 20 percent stake in the unit to Western Digital Corp for up to $2.7 billion, the Nikkei business daily reported on Wednesday. Some U.S. investment funds are also ... ( read original story ...)