TOKYO -- Japan's crippling worker shortage is hitting industries selectively, with businesses heavily reliant on human labor, such as restaurants, builders and shipping companies feeling the most pressure. The Bank of Japan's latest quarterly survey of ... ( read original story ...)
Asian Shares Mostly Higher With The Nikkei 225 Up Over 1%
Japan's Nikkei 225 rose 1.19%, while Australia's S&P/ASX 200 gained 0.68%. In Greater China, the Hang Seng index rose 0.68% and the Shanghai Composite dipped 0.07%. in Japan, Obayashi shares fell 0.51% following Nikkei headlines that Japanese prosecutors ... ( read original story ...)
Japan exports boom, but inflation not following script in blow to Bank of Japan exit plan
TOKYO (Reuters) - Japanese exports accelerated sharply in November, yet again pointing to growing momentum in the world’s third-biggest economy. There was just one catch: inflation remained stubbornly low and well off the central bank’s 2 percent target. ( read original story ...)
Japan trade surplus drops sharply on higher oil imports
Japan's trade surplus fell sharply in November ... yen ($1.0 billion), a 22-percent drop from a 146.5-billion-yen surplus a year earlier, according to finance ministry data. Exports rose for the 12th consecutive month on sound exports of chip-making ... ( read original story ...)
Japan export growth accelerates, underscores steady economic recovery
according to the Ministry of Finance (MOF). In volume terms, Japan's exports rose 5.5 percent in November from a year ago, the 10th consecutive month of rises, led by robust shipments to China and Asia, the data showed. The data backs the Bank of Japan's ... ( read original story ...)
Work reform spells bigger profits for Japan Inc., survey finds
TOKYO -- Japanese companies that succeed in creating vibrant and diverse work environments also boost their chances of realizing record earnings, with innovation and high productivity likely driving their growth, a Nikkei Inc. study shows. The Nikkei Smart ... ( read original story ...)
Japan Tiptoes Out of Radical Experiment in Monetary Policy
TOKYO—Japan’s central bank has been the world’s poster child for radical monetary easing. Next year, its stance is poised to change. After pumping about $4 trillion into the financial system over Gov. Haruhiko Kuroda’s nearly five years on the job ... ( read original story ...)
Japanese pension fund shouldering costs of BOJ’s negative rate
TOKYO -- Japan's Government Pension Investment Fund has decided to pay the interest on deposits mandated by the Bank of Japan's negative rate policy, taking the weight off an overextended intermediary bank. As the world's biggest pension fund, the GPIF ... ( read original story ...)
Why cautious parents help drive Japan’s stock market
On Wednesday, after holding out for 52 years as a private company, the parent of Japan’s second-largest parcel delivery company, Sagawa, took the plunge and listed on the Tokyo Stock Exchange. It was the biggest IPO of 2017, the shares began a 33 per ... ( read original story ...)
Japan eyes S$63b defence budget to counter North Korea: Nikkei daily
TOKYO (AFP) - Japan plans a record 5.19 trillion yen (S$63 billion) defence budget for the next fiscal year to strengthen its missile defence against the threat posed by North Korea, a report said on Saturday (Dec 16). The government is expected to set ... ( read original story ...)
Baseball star Ohtani hits financial home run for NH Foods
OSAKA -- Japanese meat processor NH Foods expects to add $20 million to its group performance this fiscal year after a Major League Baseball team signed two-way sensation Shohei Ohtani away from the company's ballclub in Sapporo. Ohtani, who played for the ... ( read original story ...)
OPD investigating Osaka burglary
doctors and insurers about the impact on coverage because the bill could undermine the Affordable Care Act's health insurance markets and add to the financial squeeze on Medicare over time. Odessa Police Department is investigating a burglary at the Osaka ... ( read original story ...)
Osaka Evessa top B. League earnings chart after inaugural season
Osaka, a West Division club ... First- and second-division clubs are required to have proper club licenses meeting several criteria, including financial status. Okawa said that he was optimistic that Levanga, Niigata and Shiga would resolve their financial ... ( read original story ...)
Babies in buckets filled with concrete
Saito handed herself in at an Osaka police station on Monday and confessed, saying she did not think her desperate financial predicament made it possible for her to look after the children, local media reported. Detectives who searched her home found four ... ( read original story ...)
Jaitley urges greater thrust to MSME sector, infra creation
(ANI) Osaka [Japan], Dec.15 (ANI): Panasonic Corporation announced ... ceremony and conclave that was attended by p New Delhi [India], Dec.14 (ANI): West Bengal Finance Minister Dr. Amit Mitra on Thursday described the rollout of the Goods and Services ... ( read original story ...)
Nidec aims to collect cash faster, spend more on acquisitions
OSAKA -- Japanese motor manufacturer Nidec seeks to collect ... The regional centers of operation will finance each other under this arrangement, reducing the need for outside borrowing. Nidec seeks to bring its effective corporate tax rate under 20% ... ( read original story ...)