Business Topics

Mar 16, 2015

Tokyo-area condo supply hit six-year low in February

The number of new condominiums put up for sale in the greater Tokyo area in February slipped to the lowest figure for the month in six years, the Real Estate Economic Institute reported. The new condo supply in Tokyo and the three surrounding prefectures ...

Mar 16, 2015

Japan launches initiative to boost rice exports to Singapore

A rice export association has launched an initiative to sell more rice to Singapore, taking advantage of the wealthy city-state’s appetite for Japanese cuisine. The program, titled “This is Japan Quality,” was developed by the Japan Rice and Rice Industry Export Promotion Association in ...

Egypt rakes billions in Gulf aid, giving boost to el-Sissi

Mar 14, 2015

Egypt rakes billions in Gulf aid, giving boost to el-Sissi

Egypt raked in promises of more than $12 billion in investment and aid from its Gulf Arab allies on Friday, kicking off an international conference aimed at rescuing the country’s gutted economy and giving a political boost to its soldier-turned-president. The three-day gathering in ...

Mar 12, 2015

Major U.S. unions step up battle against TPP

The largest American labor federation says it and its affiliated unions are freezing political contributions to federal candidates “until further notice” to channel funds into labor’s intensifying battle to stop or at least help shape a proposed free trade agreement being negotiated by the ...

Rose imports bloom nationwide for spring ceremonies

Mar 12, 2015

Rose imports bloom nationwide for spring ceremonies

Rose imports to Japan are starting to peak ahead of the nation’s annual rites for graduation ceremonies and corporate personnel reshuffles. Workers at flower importer Classic Japan Ltd. have been especially busy this week inspecting roses from Kenya at its storage facility near Narita ...

Mar 12, 2015

NISA investments swell but still not on pace to reach target

Savers held ¥3 trillion in Japan’s temporarily tax-free investment accounts at the end of the program’s first year, the Financial Services Agency said in a statement on its website. That total at the end of December was up from ¥1.6 trillion at the end ...

Mar 11, 2015

Core machinery orders incur first fall in three months

Seasonally adjusted core machinery orders fell 1.7 percent in January from the previous month, the first decline in three months, the Cabinet Office said Wednesday. Private-sector orders, excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending ...