Topics

May 21, 2015

Status of economy tops agenda at BOJ policy meeting

The Bank of Japan started a two-day policy meeting Thursday at which it is expected to debate whether to raise its opinion on the Japanese economy. The nine-member Policy Board is expected to leave its monetary easing policy intact after delaying the deadline for ...

| May 21, 2015

Nikkei rewrites 15-year high

Resisting stepped-up selling to take profits, the benchmark Nikkei index managed to extend its rally and rewrite a 15-year high for the second straight market day on the Tokyo Stock Exchange on Thursday. The Nikkei 225 stock average gained 6.31 points, or 0.03 percent, ...

May 21, 2015

TPP nations to give up on Guam ministerial meeting as TPA pends

The 12 countries engaged in the Trans-Pacific Partnership trade talks have given up on holding a ministerial meeting in Guam, informed sources said. They dropped the plan for the meeting on the broad free trade accord because it is uncertain whether the U.S. Congress ...

May 21, 2015

Innovation Network plans to reject Sharp's request for funding

Innovation Network Corp. of Japan plans to reject Sharp Corp.’s request for an investment because of concern it would face opposition from Apple Inc. and antitrust regulators, according to a person familiar with the matter. The state-backed fund already supports Japan Display Inc., which ...

Officially microwavable dog food to hit shelves June 1

May 21, 2015

Officially microwavable dog food to hit shelves June 1

For dog lovers whose hard-to-please pets cause them stress when they simply refuse to eat their daily fare, one innovative company appears to have found a unique answer: a microwavable dog food that is said to bring out the aromas dogs cherish. Unicharm Corp., ...

May 21, 2015

Line said to prepare dual listing before Japan Post IPO

Line Corp., operator of Japan’s most popular mobile-messaging service, is preparing for a dual listing in Tokyo and New York before Japan Post Holdings Co.’s initial public offering, people with knowledge of the matter said. The Tokyo-based company aims to sell shares around September ...

May 21, 2015

Bill to reform gas, electricity markets passes Lower House

The House of Representatives passed a bill Thursday to require utilities to segregate their power generation and transmission operations by April 2020. The bill, which won support mainly from the ruling coalition, was sent to the House of Councilors, the upper chamber. The measure ...

Empty mega-complex reflects unfulfilled ambition in China

May 21, 2015

Empty mega-complex reflects unfulfilled ambition in China

As the wind whistles through half-finished skyscrapers and over empty boulevards, a development billed as China’s answer to Manhattan at times bears out the “ghost town” label some have given it. Chinese officials hope the towers of the Yujiapu Financial District will one day ...