Business Topics

OECD upgrades Japan's growth outlook for 2015, 2016

Mar 19, 2015

OECD upgrades Japan's growth outlook for 2015, 2016

The Organization for Economic Cooperation and Development on Wednesday upgraded its growth outlook for the economy for 2015 and 2016, aided by lower oil prices that are expected to boost global demand. In its interim economic assessment report, the Paris-based organization said Japan’s economy ...

Mar 18, 2015

Household financial assets hit record ¥1.7 quadrillion

Financial assets held by households as of the end of last December grew 3.0 percent year-on-year to a record high of ¥1.69 quadrillion, Bank of Japan data showed Wednesday. The year-end balance of assets rose for the sixth straight year, according to the data. ...

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 ...