Business Topics

16

The predators behind the TPP

by

Twelve Pacific Rim countries representing around 40 percent of the global economy signed the 
Trans-Pacific Partnership free trade accord on Thursday. Dutch author Karel van Wolferen 
examines the corporate ramifications of the divisive deal

Feb 8, 2016

Cheap oil boosts Japan's 2015 current account surplus sixfold

The nation’s current account surplus grew more than sixfold in 2015 from the previous year to ¥16.64 trillion, boosted by a plunge in crude oil imports and a travel surplus amid the yen’s depreciation, government data showed Monday. Goods trade registered a deficit of ...

Effects of the BOJ's negative rate policy spread

Feb 6, 2016

Effects of the BOJ's negative rate policy spread

The effects on the everyday lives of people from the Bank of Japan’s decision late last month to introduce negative interest rates are spreading. Commercial banks are lowering their deposit rates due to falling market interest rates, while the Finance Ministry has suspended the ...

Feb 4, 2016

Negative interest for retail depositors unlikely: Kuroda

Japanese banks are unlikely to apply negative interest rates to deposits held by retail customers, Bank of Japan Gov. Haruhiko Kuroda said Thursday. “Of course, the BOJ will consider additional monetary easing if necessary,” Kuroda told a House of Representatives Budget Committee meeting, showing ...

Jan 30, 2016

Foreign working population in Japan jumps to record high

The number of foreign workers in Japan totaled 907,896 at the end of October, the most since the government started requiring employers to submit reports on their non-Japanese employees in 2007, the labor ministry said. The figure, up 15.3 percent from a year before, ...