Machinery orders rise for second month straight

Sep 12, 2016

Machinery orders rise for second month straight

Core private-sector machinery orders gained for the second month in a row in July, prompting the government on Monday to upgrade its basic assessment of the key indicator for the first time in nine months. The orders, widely taken as a leading indicator of ...

Abe, Saudi prince vow cooperation on economic plan

Sep 1, 2016

Abe, Saudi prince vow cooperation on economic plan

Prime Minister Shinzo Abe and Saudi Arabian Deputy Crown Prince Mohammed bin Salman affirmed Thursday their resolve to work together to achieve planned reforms of the Saudi economy with the potential to deliver significant benefits to Japan. The deputy crown prince, a son of ...

Business investment rose 3.1% in first quarter

Sep 1, 2016

Business investment rose 3.1% in first quarter

Capital spending by the nation’s companies increased 3.1 percent in the April to June period from a year earlier, the 13th straight quarterly rise, as a firming yen continued to hurt corporate profits, government data showed Thursday. Business investment by all nonfinancial sectors for ...

Aug 13, 2016

Japan to fund $2.4 billion railway for congested Manila

Japan on Friday announced it is pouring $2.4 billion into a new railway aimed at easing Manila’s notorious gridlock. Japan, the Philippines’ top trading partner and source of aid, said the 38-kilometer (24-mile) elevated commuter line would connect Manila to nearby Bulacan province to ...