Bank of Japan maintains record stimulus, trims inflation outlook

Jul 15, 2015

Bank of Japan maintains record stimulus, trims inflation outlook

The Bank of Japan’s unprecedented monetary stimulus can drive inflation to its 2 percent target, Gov. Haruhiko Kuroda said as the bank left its policy unchanged and trimmed its price outlook. A slowdown in Japan’s economy is unlikely to continue this quarter while inflation ...

Jul 9, 2015

Core machinery orders rise in May for third month running

Core private-sector machinery orders rose a seasonally adjusted 0.6 percent in May from the previous month for the third consecutive monthly gain, led by strong demand from the manufacturing sector, the government said Thursday. The value of orders, widely regarded as a leading indicator ...

As Tokyo shrinks, Olympics may be last blast

Jul 8, 2015

As Tokyo shrinks, Olympics may be last blast

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Half a century ago, the Tokyo Olympics ushered in a golden age for Japan’s capital, as industrial prowess made it the largest urban complex in history. Now the games are returning to mark the end of that growth. “This will be the final festival,” ...

METI plans bilingual app that scans sake labels

Jun 28, 2015

METI plans bilingual app that scans sake labels

The Ministry of Economy, Trade and Industry plans to develop a free smartphone app that scans sake labels to provide information in Japanese and English. The app will display such data as alcohol content, the variety of rice used and recommended drinking temperatures, as ...

Jun 18, 2015

Pope urges revolution to save Earth, fix 'perverse' economy

Pope Francis called Thursday for a bold cultural revolution to correct what he calls the “structurally perverse” economic system of the rich exploiting the poor that is turning Earth into an “immense pile of filth.” In a sweeping manifesto aimed at spurring action in ...

Terrorists apparently targeting Egypt's tourist sites, economy

Jun 12, 2015

Terrorists apparently targeting Egypt's tourist sites, economy

After a violent campaign directed at security forces, Egyptian militants appear to be zooming in on President Abdel Fattah al-Sisi’s most vulnerable point: the economy. Attacks on two prime tourist sites in the space of eight days are deeply worrying for a government that ...

Japan slides back into trade deficit, erasing March surplus

May 25, 2015

Japan slides back into trade deficit, erasing March surplus

Japan swung back into a trade deficit in April after logging its first surplus in almost three years in March, but the shortfall shrank drastically year on year, thanks to stronger exports and lower energy bills, official data showed Monday. The monthly deficit came ...