Business Topics

Exports rise more than forecast, supporting recovery

Mar 18, 2015

Exports rise more than forecast, supporting recovery

Japanese exports rose more than forecast in February, supporting the nation’s emergence from a recession last year. The value of overseas shipments rose 2.4 percent from a year earlier, the government said, compared with a median estimate for a 0.3 percent increase. Imports fell ...

Mar 17, 2015

Investment adviser pins hopes on corporate governance code

The nation’s planned corporate governance code, to be introduced in June, will help Japanese companies to grow, said Colin Melvin, chief executive officer of British investment advisory firm Hermes EOS. The code will “promote sustainable growth of Japanese companies and long-term value creation,” Melvin ...

Mar 16, 2015

Tokyo-area condo supply hit six-year low in February

The number of new condominiums put up for sale in the greater Tokyo area in February slipped to the lowest figure for the month in six years, the Real Estate Economic Institute reported. The new condo supply in Tokyo and the three surrounding prefectures ...

Mar 16, 2015

Japan launches initiative to boost rice exports to Singapore

A rice export association has launched an initiative to sell more rice to Singapore, taking advantage of the wealthy city-state’s appetite for Japanese cuisine. The program, titled “This is Japan Quality,” was developed by the Japan Rice and Rice Industry Export Promotion Association in ...

Egypt rakes billions in Gulf aid, giving boost to el-Sissi

Mar 14, 2015

Egypt rakes billions in Gulf aid, giving boost to el-Sissi

Egypt raked in promises of more than $12 billion in investment and aid from its Gulf Arab allies on Friday, kicking off an international conference aimed at rescuing the country’s gutted economy and giving a political boost to its soldier-turned-president. The three-day gathering in ...

Mar 12, 2015

Major U.S. unions step up battle against TPP

The largest American labor federation says it and its affiliated unions are freezing political contributions to federal candidates “until further notice” to channel funds into labor’s intensifying battle to stop or at least help shape a proposed free trade agreement being negotiated by the ...