Business Topics

Jan 6, 2015

Ketchup to catch up with rising tomato prices

Food maker Kagome Co. plans to raise the prices of 97 tomato products by between 4 percent and 13 percent. The April 1 hike will affect 20 consumer products, including ketchup, pasta sauce and puree, and 77 professional products, the company said on Monday. ...

Jan 6, 2015

China replaces rare earth quotas with export permits

China has instituted a system of export permits for rare earth metals, used in high-tech goods such as mobile phones, the government said, with state-run media describing the move as an abolition of export quotas. China accounts for over 90 percent of global production ...

'Abenomics' property boost shrinks back to Tokyo

Jan 5, 2015

'Abenomics' property boost shrinks back to Tokyo

by Junko Fujita

An economic rebound and loose money policy under Prime Minister Shinzo Abe briefly halted a long slide in Japan’s commercial property market, but the benefits of “Abenomics” appear increasingly limited to Tokyo, leaving a moribund hinterland. For a while, as the Bank of Japan ...

Keidanren aims to reinvigorate U.S. business ties in 2015

Jan 5, 2015

Keidanren aims to reinvigorate U.S. business ties in 2015

The nation’s leading business lobby plans to send a delegation to the United States this year, its first in six years, as well as to Indonesia and Brazil. The Japan Business Federation, better known as Keidanren, will also reopen a liaison office in Washington ...

Dec 31, 2014

Venezuela confirms recession, highest inflation in Americas

Venezuela confirmed on Tuesday it had entered a recession while inflation remained the highest in the Americas, and President Nicolas Maduro’s socialist government blamed political foes for the dismal data. The Central Bank said GDP contracted in each of the first three quarters: 4.8 ...

| Dec 29, 2014

No bankruptcies among listed firms in 2014

Not a single listed company has declared bankruptcy this year, the first time in 24 years that has happened and a sign that Prime Minister Shinzo Abe’s reflationary economic policies have been a boon for large businesses. Firms have benefited from increased capital as ...

Dec 29, 2014

Regional banks face stress test for ultra-low rates

The Financial Services Agency has begun stress tests on regional banks to determine how much their earnings would suffer if long-term interest rates remain near record lows under the Bank of Japan’s loose money policy, according to two sources with direct knowledge of the ...