Business Topics

Apr 13, 2015

Core machinery orders edge lower amid bleary economic outlook

Japan’s core machinery orders edged down 0.4 percent from a month earlier to ¥835.6 billion in February, the government said Monday, indicating that some companies are reluctant to beef up investment as the economic outlook remains unclear. The private-sector orders, excluding those for ships ...

Apr 12, 2015

China-led AIIB will be lean, clean and green, its chief says

The China-led Asian Infrastructure Investment Bank will be lean, clean and green, its interim chief has said, playing down concerns over transparency and standards governing the institution. The $50 billion bank, expected to start operations by the end of the year, is attracting a ...

Fears grow over Nikkei strength

Apr 11, 2015

Fears grow over Nikkei strength

Monetary easing and optimism about the economy briefly pushed the Nikkei 225 stock average above 20,000 points for the first time in 15 years last week, but analysts warn that share prices may be higher than warranted by the real economy.

Households feeling little benefit from higher stocks

Apr 11, 2015

Households feeling little benefit from higher stocks

While the benchmark Nikkei 225 average briefly topped 20,000 for the first time in about 15 years on Friday, Japanese households are feeling little benefit from the higher stock market. The strong performance of the Nikkei suggests that stock market players continue giving high ...

Apr 8, 2015

Current account surplus sees healthy spurt

Japan’s current account posted its biggest surplus in over three years in February, as the anemic yen boosted income from abroad while a dip in global crude oil prices drove down imports, the government said Wednesday. The surplus stood at ¥1.44 trillion, the largest ...

Apr 8, 2015

Summer bonuses to rise for second straight year

Summer bonuses are expected to rise for a second straight year, though by less than in 2014, according to private-sector estimates. The average bonus this summer is expected to rise 2.3 percent year on year, to ¥379,000 per worker, Mizuho Securities Co. said Tuesday. ...

Japan-Indonesia power plant to break ground in Java this month

Apr 8, 2015

Japan-Indonesia power plant to break ground in Java this month

Indonesian President Joko “Jokowi” Widodo said Tuesday a project to build a $4 billion thermal power plant project funded by an Indonesia-Japan consortium will begin at the end of April. “God willing, we will go there for the groundbreaking at the end of this ...

Apr 8, 2015

BOJ stays further easing measures

The Bank of Japan held off further easing measures on Wednesday as it struggles to bolster stagnant inflation that is defying a massive stimulus program launched two years ago. Following a two-day meeting, the central bank backed the program, which is adding about ¥80 ...