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Aug 25, 2015

White goods shipments rose in July for third straight month

White goods shipments in Japan rose 7.1 percent in July from a year earlier to ¥242.2 billion, up for the third month in a row, an industry group said Tuesday. The shipments, which include air conditioners, held firm thanks to higher temperatures in Japan ...

Aug 25, 2015

Health ministry aims to expand Japan's pharmaceutical industry

The health ministry has compiled an outline of its comprehensive strategy for the country’s pharmaceutical industry, underlining the need for discussions on an expansion of the industry through mergers and acquisitions. In the outline released Monday, the ministry also said that it will consider ...

Aug 25, 2015

Farm ministry to request 14.8% rise in 2016 budget

The Ministry of Agriculture, Forestry and Fisheries will seek ¥2.65 trillion in its budget request for fiscal 2016, up 14.8 percent from its initial budget for the previous year, according to informed sources. For the year starting next April, the ministry will request ¥458.8 ...

Aug 25, 2015

Aso says China policies stirring concerns in markets

After the yen surged the most since 1998 amid a deepening sell-off in global stocks, Finance Minister Taro Aso criticized China’s recent intervention in financial markets. “It’s not really the kind of action I would expect from authorities of a nation that aims to ...

U.S. markets falter after volatile day of trading

Aug 25, 2015

U.S. markets falter after volatile day of trading

U.S. stock indexes plunged almost 4 percent on Monday as investors, rattled about China’s economy, sold heavily in an unusually volatile session that confirmed the benchmark S&P 500 was formally in a correction. The Dow Jones industrial average briefly slumped more than 1,000 points ...