Business Topics

Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

Aug 18, 2016

Ex-BOJ exec urges focusing stimulus efforts on wages not bonds

The Bank of Japan should stop its record bond purchases because the policy has failed to spur consumer prices and instead focus with the government on a wage target, according to a former central banker. While BOJ Gov. Haruhiko Kuroda’s asset purchases and negative ...

Aug 15, 2016

China drafting growth initiative for G-20 summit next month

China will propose a joint initiative to revive weak global growth at next month’s meeting of leaders of Group of 20 major economies amid rising protectionist sentiment in the United States and Europe, officials said Monday. Speaking at a news conference, a senior Chinese ...

Aug 14, 2016

56% of major firms expect temporary lull in economy: survey

More than half of major Japanese companies surveyed expect the economy to remain flat through the end of the year, citing such concerns as sluggish consumer spending, a stronger yen and the effects of Britain’s decision to leave the European Union, a Kyodo News ...

Japan's June core machinery orders log first rise in three months

Aug 10, 2016

Japan's June core machinery orders log first rise in three months

Japan’s core private-sector machinery orders rose a seasonally adjusted 8.3 percent in June from May, rebounding from two straight month of decline, the government said Wednesday, led by large orders for transport equipment including rail cars. The orders, widely viewed as a leading indicator ...

Japanese wholesale prices slump 3.9% in July

Aug 10, 2016

Japanese wholesale prices slump 3.9% in July

Wholesale prices fell 3.9 percent in July from a year earlier for a 16th straight monthly drop, dragged down by a strong yen and falling crude oil and commodity prices, Bank of Japan data showed Wednesday. The index of corporate goods prices stood at ...

Aug 8, 2016

July bankruptcies fall to 26-year low, down 9.5% on year

The number of corporate bankruptcies fell last month to the lowest level for a July in 26 years and down 9.5 percent from a year earlier to 712, according to a credit research agency. The figure marked the fifth straight monthly drop, Tokyo Shoko ...

Aug 8, 2016

Sentiment improves among workers in economy-sensitive industries

Business confidence among workers with jobs sensitive to economic conditions improved in July for the first time in four months on favorable sales at department stores, the government said Monday. The diffusion index of sentiment over the nation’s current economic situation among so-called economy-watchers ...