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May 29, 2015

Oki Electric to put drone-detection system on sale

Oki Electric Industry Co. has developed a system to detect approaching drones and plans to start selling it domestically on Monday. The new system is aimed at clients such as security companies and that the standard model will be priced starting from ¥3.2 million, ...

May 29, 2015

BOJ inflation gauge slows to zero as oil weighs

by Toru Fujioka

The Bank of Japan’s main gauge of inflation slowed to zero, as cheaper oil prices counter Gov. Haruhiko Kuroda’s effort to reflate the economy. Consumer prices excluding fresh food and effects of last year’s consumption tax increase were unchanged in April from a year ...

May 29, 2015

Japan April job availability up to 1.17, best in 23 years

Japan’s job availability improved in April to its best level in around 23 years while the unemployment rate fell to its lowest level in 18 years, with companies willing to hire more workers on the back of an economic recovery, the government said Friday. ...

May 29, 2015

Volatile forex movements undesirable, Aso, Lew agree

The Japanese and U.S. finance chiefs agreed Thursday that volatile movements in foreign exchange markets are undesirable in the wake of the recent fall of the yen’s value against the dollar to a 12½-year low. Finance Minister Taro Aso told reporters after meeting with ...

May 28, 2015

Dai-ichi becomes Japan's biggest life insurer by revenue

Dai-ichi Life Insurance Co. overtook Nippon Life Insurance Co. in terms of premium revenue in the fiscal year that ended in March, ranking top in the Japanese life insurance industry for the first time in postwar history. Nippon Life’s insurance premium revenue totaled ¥5,337.1 ...

| May 28, 2015

Nikkei's win streak longest since '88

The key Nikkei average rose for a 10th consecutive trading day — its longest winning streak in about 27 years — to rewrite its 15-year closing high for a seventh straight session Thursday. Inspired by higher overseas equities and the yen’s weakness, 225-issue Nikkei ...