TOKYO Brightening global growth prospects will allow Japan's central bank to keep monetary policy steady this week and invest time solving the puzzle of why inflation remains stubbornly low despite a tightening job market and robust economic recovery. ( read original story ...)
Japan Post risks becoming the 'next NTT'
The company is perilously close to becoming another Nippon Telegraph and Telephone -- a symbol of a privatization IPO gone wrong. Japan Post shares ended Monday's trading little moved. The stock rose 0.74% to 1,345 yen, as investors remained wary of an ... ( read original story ...)
Japan's solar panel makers cut output as clouds gather
TOKYO -- Japanese solar panel makers are slashing domestic production, looking to reduce costs and rethink sales strategies in the face of shrinking demand and price competition from foreign rivals. Kyocera halted production at a solar panel assembly plant ... ( read original story ...)
Japan's labor shortage imperils economic growth
TOKYO -- Construction companies in Japan are scrambling to hire site managers as the industry is gearing up for a surge in building projects ahead of the 2020 Tokyo Olympics. A website operated by C4, a specialized job placement service for construction ... ( read original story ...)
Japan grapples with evacuation plans for nationals in South Korea
TOKYO -- Japan's government is reckoning with the challenge of ensuring that its nearly 60,000 citizens in South Korea can escape in the event of a crisis on the Korean Peninsula. Tokyo is "preparing various responses" and seeking mutual understanding with ... ( read original story ...)
Japan won't resort to 'helicopter money': Finance Minister Aso
NEW YORK Japanese Finance Minister Taro Aso said there was no quick fix for the country's tattered finances, shrugging off the chance the central bank would resort to "helicopter money" - or direct underwriting of public debt to fund government spending. ( read original story ...)
TSE chief makes pilgrimage for massive Aramco IPO
The selection process has likely already gotten into full swing. This month, Aramco's IPO team visited Japan, where it apparently heard such pro-TSE arguments as the depth of the market's retail investor base. Meanwhile, in China, government funds and ... ( read original story ...)
Japan Post considers multi-billion dollar Toll Group writedown
Those failings, say brokers, have been reflected in Japan Post Holdings’ share price — trading 6 per cent below its IPO price of ¥1,400 per share. The 2015 IPO was the first of an estimated three tranches of government sales of shares in Japan Post ... ( read original story ...)
Ghostly Tokyo: the vengeful spirits who haunt the city, and where to go to feel their wrath
Central Tokyo’s Otemachi financial district is a forest of towers that sits on some of the world’s most valuable real estate, so it’s a surprise to come across a plot inhabited by no more than a few maples, some neat topiary and a small stele atop a ... ( read original story ...)
US objects to Japan's state-mandated drug prices
TOKYO -- The U.S. demanded this week that Japan reassess its system of government-set drug prices, complaining about price cuts often forced on new expensive drugs, a sign that Washington is prepared to intercede on behalf of specific American industries. ( read original story ...)
Japan pushing to preserve agreed-on TPP framework
TOKYO -- In moving ahead with the Trans-Pacific Partnership without the U.S., Japan will urge other member nations to stick with the tariff and commerce agreements reached under the previous 12-nation framework to avoid tricky renegotiation. The Japanese ... ( read original story ...)
Nikkei rises as strong yen trend pauses; mining stocks underperform
Japanese stocks rose on Thursday morning as the yen’s strong trend paused and the country’s strong trade data lifted sentiment, but mining shares underperformed on the back of a steep decline oil prices. The Nikkei 225 share average rose 0.3 percent to ... ( read original story ...)
China's Aramco pitch puts pressure on Tokyo's bid
Riyadh is sensibly engaging with everyone. King Salman visited both China and Japan in March to talk up Aramco. Japan is still a contender; a Breakingviews analysis of market characteristics puts Tokyo in second place behind New York as a foreign venue for ... ( read original story ...)
Nikkei up for 4th straight session, leading Asian market recovery
Price increases for the currency and U.S. bonds often hinder Japan stocks. Japan’s Nikkei NIK, +0.31% rose 0.4%, setting the stage for its fourth straight gain. Japan’s exports rose more than expected in March at 12%, helping the rise. ( read original story ...)
Japan to scrap 5 more nuclear reactors
TOKYO -- Five nuclear reactors in Japan were approved for decommissioning on Wednesday, pushing utilities and other companies to join hands to tackle both the great business opportunities and daunting technical problems involved with the process. ( read original story ...)
Japan's Unicharm fires up third Saudi diaper factory
TOKYO -- Japanese diaper maker Unicharm took a major step toward developing the Middle Eastern market by opening its third plant in Saudi Arabia. The new factory, next to another manufacturing center in Riyadh, apparently cost a few billion yen (1 billion ... ( read original story ...)