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Tax-free NISA luring individual investors

Apr 11, 2014

Tax-free NISA luring individual investors

by Yoshiaki Nohara and Yuko Takeo

A spring downpour last week wasn’t enough to stop Norito Nagahama from heading to a central-Tokyo brokerage to study up on Japanese stocks. “I’m here because I need to learn about investment,” said Nagahama, 39. “You get little out of bank savings.” The biggest ...

Apr 11, 2014

BOJ policymakers expect exports to stay weak

Some Bank of Japan policymakers said exports may remain weak in the future as companies continue to shift production bases abroad and overseas demand wanes, the minutes of the central bank’s March policy meeting showed Friday. The nine-member Policy Board shared the view that ...

Apr 11, 2014

Wholesale prices up 1.7% in March

Wholesale prices rose 1.7 percent in March as the weakening of the yen pushed up prices for energy and materials, the Bank of Japan said Friday. The index of corporate goods prices stood at 102.8 against the 2010 base of 100, compared with a ...

Apr 11, 2014

Chubu Electric to hike rates 3.7%

The Ministry of Economy, Trade and Industry on Friday gave Chubu Electric Power Co. permission to raise household electricity rates by an average of 3.7 percent on May 1. Chubu Electric will be the seventh regional utility to hike rates in response to the ...

Apr 11, 2014

'Tomodachi' game to U.S., Europe

Nintendo is taking its “Tomodachi” game for the portable 3DS system to the United States and Europe following success at home. Called “Tomodachi Life,” the game geared mostly toward kids is similar to “The Sims” and Nintendo’s “Animal Crossing.” Tomodachi means “friend” in Japanese. ...

'Heartbleed' computer bug threat spreads to firewalls and beyond

Apr 11, 2014

'Heartbleed' computer bug threat spreads to firewalls and beyond

Hackers could crack email systems, security firewalls and possibly mobile phones through the “Heartbleed” computer bug, according to security experts who warned on Thursday that the risks extended beyond just Internet servers. The widespread bug surfaced late on Monday, when it was disclosed that ...

Apr 10, 2014

Greenback stays below ¥102 line

The dollar stayed weak below ¥102 in Tokyo trading Thursday, weighed down by sluggish stock prices in Japan. At 5 p.m., the greenback was quoted at ¥101.72-74, down from ¥101.98-98 at the same time Wednesday. The euro stood at $1.3858-3859, up from $1.3803-3803, and ...

Apr 10, 2014

Mexico passes Japan to become No. 2 car exporter to the U.S.

Mexico’s booming auto industry has reached a major milestone, claiming to have overtaken Japan as the second-biggest car exporter to the United States in the past three months. The Latin American nation now only trails Canada, but experts say Mexico could become the top ...

Apr 10, 2014

Lew urges Tokyo to prep for slowdown after tax hike

U.S. Treasury Secretary Jack Lew urged Japan Wednesday to compile another stimulus package or take other measures if signs of an economic slowdown emerge from the recent consumption tax hike. “The value-added tax is something that obviously has the potential to slow the economy,” ...