Business Topics

Jun 22, 2014

BOJ 'tankan' to show downturn in biz sentiment

Private think tanks expect the Bank of Japan’s “tankan” quarterly survey to June will show a deterioration in business sentiment among large manufacturers for the first time in six quarters. Among 16 think tanks, the average estimate on the headline diffusion index for large ...

Obama pushes for TPP deal by November

Jun 21, 2014

Obama pushes for TPP deal by November

U.S. President Barack Obama said Friday he hopes to have an agreement on framing a vast pan-Pacific trading block by the time he makes his next visit to Asia in November. The Trans-Pacific Partnership would encompass 40 percent of the global economy and include ...

Jun 20, 2014

Methane hydrate deposits probable in Sea of Japan

The government said Friday it is highly likely that deposits of methane hydrate, a next-generation energy source, exist in the seabed of the Sea of Japan off the northern and western parts of the country. The government’s survey from April found geological structures suggesting ...

Jun 20, 2014

Rebates to promote fuel cell cars likely in 2015, METI says

The Ministry of Economy, Trade and Industry plans to offer subsidies to drivers who purchase fuel cell vehicles from fiscal 2015. The rebates are part of a road map adopted Thursday to bring hydrogen into common use as an energy source toward 2040. The ...

Jun 20, 2014

Foreigners set record for shares

Foreign investors owned a record 30.8 percent of listed companies’ shares at the end of fiscal 2013, up 2.8 points from a year before, according to stock exchange data. The percentage of shares held by foreigners hit a record high for the second year ...

Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank’s bright projections. “Although being affected by strong demand before and a decline following (the April 1 tax ...

Trade deficit shrinks as energy imports fall

Jun 18, 2014

Trade deficit shrinks as energy imports fall

The trade deficit narrowed in May as imports declined for the first time in a year and a half, data showed Wednesday, but weaker shipments abroad helped keep the trade balance in the red. The figures — which suggest the economy is slowing — ...

Jun 18, 2014

BOJ now nation's biggest creditor

The Bank of Japan has become the single biggest holder of domestic government bonds for the first time, data showed Wednesday, underscoring the scale of its monetary easing program. The central bank has been aggressively buying Japanese government bonds since unveiling a stimulus plan ...

Jun 17, 2014

Ministry pledges subsidies to aid local bridge, tunnel repairs

The infrastructure ministry plans to create a new subsidy system in fiscal 2015 for large-scale repairs to bridges and tunnels by municipal and prefectural governments. The ministry, which is considering subsidizing half of the costs for such repairs, wants to include the money in ...