Business Topics

Core machinery orders down 7.9% in June

Aug 13, 2015

Core machinery orders down 7.9% in June

Core private-sector machinery orders fell a seasonally adjusted 7.9 percent in June from the previous month, for the first decline in four months, the government said Thursday. The fall signaled a possible dent in corporate investment demand. The value of orders, widely regarded as ...

Aug 12, 2015

Japan economy contracted in April-June, say economists

Forty-one economists on average expect Japan’s seasonally adjusted gross domestic product in April-June to have shrunk a real 1.55 percent from the previous quarter at an annual rate, compared with the 0.72 percent growth estimated last month, a survey showed on Tuesday. Exports and ...

Aug 11, 2015

Ministry planning system to promote geothermal power

The Ministry of the Environment will introduce a system to promote geothermal power generation by involving local municipalities from the initial stages of plant construction, according to informed sources. The ministry will set up consultative bodies of municipalities interested in hosting geothermal power generation ...

Aug 11, 2015

Japan's government debt hits record high ¥1.057 quadrillion

The central government’s debt hit a record high of ¥1.057 quadrillion at the end of June, up by some ¥3.87 trillion from the end of March, according to the Finance Ministry. The national debts, or the combined balance of outstanding Japanese government bonds, financing ...

Aug 8, 2015

U.S. economy adds 215,000 jobs; Fed rate hike closer

The U.S. job market just demonstrated that it may be nearing full health more than six years after the Great Recession — and showed why the Federal Reserve may be about to raise interest rates from record lows. July marked the latest month in ...

BOJ refrains from adding stimulus as Kuroda bets on rebound

Aug 7, 2015

BOJ refrains from adding stimulus as Kuroda bets on rebound

The Bank of Japan refrained Friday from expanding monetary stimulus as Gov. Haruhiko Kuroda bets the world’s third-biggest economy will emerge from a recent soft patch and inflation will pick up. The central bank will keep increasing the monetary base at an annual pace ...

Aug 6, 2015

TPP ministerial talks unlikely to be held by end of August

Trade ministers from the 12 countries involved in a Pacific Rim free trade deal are unlikely to meet again by the end of this month amid remaining differences that prevented them from finalizing negotiations last week, sources said Thursday. Japan, the United States and ...