Business Topics

Aug 19, 2015

Abe aide says Japan needs up to ¥3.5 trillion economic injection

Japan needs an economic injection of as much as ¥3.5 trillion ($28 billion) to shore up consumption and stave off further economic contraction, said Etsuro Honda, an economic adviser to Prime Minister Shinzo Abe. “Households feel their income has been reduced,” Honda, 60, said ...

Domestic firms concerned about slumping consumption

Aug 18, 2015

Domestic firms concerned about slumping consumption

Domestic companies are becoming increasingly concerned about the slump in private consumption that was confirmed in weak April-June gross domestic product data, although corporate earnings in the period turned out to be strong thanks to the yen’s depreciation and falling crude oil prices. The ...

Aug 18, 2015

Japan's holdings of treasuries dip to lowest level since 2013

Japan’s holdings of U.S. Treasuries dipped below $1.2 trillion for the first time since 2013 even as purchases of the government debt accelerated among foreigners as a whole. Japan, the second-largest foreign holder, saw its holdings fall by $17.8 billion in June, the biggest ...

Core machinery orders down 7.9% in June

Aug 13, 2015

Core machinery orders down 7.9% in June

Core private-sector machinery orders fell a seasonally adjusted 7.9 percent in June from the previous month, for the first decline in four months, the government said Thursday. The fall signaled a possible dent in corporate investment demand. The value of orders, widely regarded as ...

Aug 12, 2015

Japan economy contracted in April-June, say economists

Forty-one economists on average expect Japan’s seasonally adjusted gross domestic product in April-June to have shrunk a real 1.55 percent from the previous quarter at an annual rate, compared with the 0.72 percent growth estimated last month, a survey showed on Tuesday. Exports and ...

Aug 11, 2015

Ministry planning system to promote geothermal power

The Ministry of the Environment will introduce a system to promote geothermal power generation by involving local municipalities from the initial stages of plant construction, according to informed sources. The ministry will set up consultative bodies of municipalities interested in hosting geothermal power generation ...

Aug 11, 2015

Japan's government debt hits record high ¥1.057 quadrillion

The central government’s debt hit a record high of ¥1.057 quadrillion at the end of June, up by some ¥3.87 trillion from the end of March, according to the Finance Ministry. The national debts, or the combined balance of outstanding Japanese government bonds, financing ...