Mar 11, 2015

Core machinery orders incur first fall in three months

Seasonally adjusted core machinery orders fell 1.7 percent in January from the previous month, the first decline in three months, the Cabinet Office said Wednesday. Private-sector orders, excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending ...

Mar 9, 2015

Japan logs current account surplus for seventh month straight

Led by higher exports amid a weaker yen and lower oil imports, Japan logged a current account surplus for the seventh consecutive month in January, with the balance standing at ¥61.4 billion, ($509 million), the government said Monday in a preliminary report. The balance, ...

Mar 9, 2015

Nomura, Daiwa boost hiring of grads as stock market climbs

Nomura Holdings Inc. and Daiwa Securities Group Inc. increased hiring of university graduates this year as a stock market rally brightens prospects for the nation’s biggest securities firms. Nomura recruited 600 graduates for its main brokerage arm, a 20 percent increase from last year, ...

BOJ's No. 2 says no additional easing imminent in near term

Mar 9, 2015

BOJ's No. 2 says no additional easing imminent in near term

The Bank of Japan is not ready to take additional monetary easing measures soon, despite growing concern over disinflation triggered by a plunge in global crude oil prices, BOJ Deputy Gov. Hiroshi Nakaso implied Monday. “If falling oil prices lower inflation but inflation expectations ...

Mar 5, 2015

Growth in Japan uneven, tied to population size: poll

Despite Prime Minister Shinzo Abe’s focus on revitalizing regional economies, growth remains uneven across Japan — with the pace of recovery slow the past year in municipalities with smaller populations, a Kyodo News survey showed Wednesday. Nearly 80 percent of local leaders who responded ...

Mar 4, 2015

Ruling camp gives up enacting budget by April start of fiscal year

The Liberal Democratic Party-led coalition has given up on passing the budget before the new fiscal year begins on April 1, according to senior lawmakers. Until the record-high ¥96.34 trillion budget is enacted, the Abe administration will formulate a stopgap budget to cover government ...