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May 29, 2015

Japan April job availability up to 1.17, best in 23 years

Japan’s job availability improved in April to its best level in around 23 years while the unemployment rate fell to its lowest level in 18 years, with companies willing to hire more workers on the back of an economic recovery, the government said Friday. ...

May 29, 2015

Volatile forex movements undesirable, Aso, Lew agree

The Japanese and U.S. finance chiefs agreed Thursday that volatile movements in foreign exchange markets are undesirable in the wake of the recent fall of the yen’s value against the dollar to a 12½-year low. Finance Minister Taro Aso told reporters after meeting with ...

May 28, 2015

Dai-ichi becomes Japan's biggest life insurer by revenue

Dai-ichi Life Insurance Co. overtook Nippon Life Insurance Co. in terms of premium revenue in the fiscal year that ended in March, ranking top in the Japanese life insurance industry for the first time in postwar history. Nippon Life’s insurance premium revenue totaled ¥5,337.1 ...

| May 28, 2015

Nikkei's win streak longest since '88

The key Nikkei average rose for a 10th consecutive trading day — its longest winning streak in about 27 years — to rewrite its 15-year closing high for a seventh straight session Thursday. Inspired by higher overseas equities and the yen’s weakness, 225-issue Nikkei ...

May 28, 2015

April retail sales disappoint as consumption tax weighs

Retail sales rose less than forecast in April, signaling a weak start to the second quarter for an economy that is still weighed down by last year’s sales-tax increase. Sales climbed 0.4 percent from March, when they dropped 1.8 percent, government data released Thursday ...