Current account surplus doubled last year on cheap oil

May 12, 2016

Current account surplus doubled last year on cheap oil

The nation’s current account surplus doubled in fiscal 2015 from the previous year to ¥17.98 trillion, buoyed by lower crude oil prices and a surge in travel surplus on the back of a growing number of foreign tourists, the government said Thursday. Cheap crude ...

Trading houses eye slice of Japan's liberalized electricity market pie

Apr 27, 2016

Trading houses eye slice of Japan's liberalized electricity market pie

Major trading houses are strengthening their electricity businesses to take advantage of growing overseas demand and the liberalization of power retailing in Japan that started this month, industry officials say. Sumitomo Corp. has revised down its consolidated net profit estimate for the year that ...

Canberra all but rules out Japan sub bid: report

Apr 20, 2016

Canberra all but rules out Japan sub bid: report

by

Canberra has all but eliminated the much-hyped Japanese bid to build the country’s 50 billion Australian dollar fleet of new submarines, a report by the Australian Broadcasting Corp. said Wednesday. The Cabinet’s National Security Committee reportedly discussed the bids by France, Germany and Japan ...