Business Topics

Apr 18, 2013

Reactor halt ups costs by ¥3.8 trillion

The Ministry of Economy, Trade and Industry has estimated that the suspension of nuclear power plants may boost utilities’ costs to generate electricity by ¥3.8 trillion this fiscal year, officials said. The extra fuel costs for thermal power in the year to next March ...

Apr 16, 2013

Japan, EU begin first talks aimed at free-trade accord

Japan and the European Union began preliminary talks Monday toward the creation of one of the world’s largest free-trade accords, with both sides seeking to boost their respective, faltering economies with such a deal. During the five-day meeting in Brussels, the two sides are ...

Apr 16, 2013

World Bank pushes Asia stimulus end

Asia’s emerging economies should consider reining in monetary stimulus to curb the risks of asset bubbles and inflation as policy easing in developed nations, including Japan, spur capital inflows, the World Bank said. Demand-boosting measures that helped sustain growth “may now be counterproductive,” the ...

BOJ ups assessment for all nine regions

Apr 16, 2013

BOJ ups assessment for all nine regions

The Bank of Japan on Monday raised its assessment of all regions for the first time since last July, citing a pickup in the global economy and resilient domestic demand, following its unprecedented easing measures. The central bank became more upbeat about all nine ...

TPP deal irks farmers, automakers

Apr 14, 2013

TPP deal irks farmers, automakers

Farmers and carmakers fret over the accord reached with the U.S. endorsing Japan's entry to the Trans-Pacific Partnership talks, but major business lobbies hail the move.

Apr 13, 2013

Economy's assessment not raised for April

The government on Friday left its monthly assessment of the economy unchanged for the first time in four months, with consumption and housing investment perking up but capital spending showing little movement. The economy “is showing indications of picking up recently, while weakness can ...

Apr 12, 2013

Miyagi applies for OK of special fishery zone

Miyagi Prefecture has filed an application with the central government’s Reconstruction Agency to establish a special zone to revive the local fishing industry, hit badly by the March 2011 earthquake and tsunami. In the special zone, covering part of the Momonoura district in the ...

Apr 12, 2013

Machinery orders up for first time in two months

Core private-sector machinery orders rose a seasonally adjusted 7.5 percent in February from the previous month as higher stocks and the yen’s slide made more companies eager to beef up investment, the government said Thursday. The orders, which exclude those for ships as well ...

Apr 12, 2013

Upshot of TPP prep talks with U.S. to be aired

The government is planning to announce Friday the results of its preliminary negotiations with the United States on Japan joining the Trans-Pacific Partnership trade talks, sources said Thursday. With the two sides already in agreement on key issues, including auto tariffs, U.S. President Barack ...