Apr 8, 2015

Current account surplus sees healthy spurt

Japan’s current account posted its biggest surplus in over three years in February, as the anemic yen boosted income from abroad while a dip in global crude oil prices drove down imports, the government said Wednesday. The surplus stood at ¥1.44 trillion, the largest ...

Mar 11, 2015

Core machinery orders incur first fall in three months

Seasonally adjusted core machinery orders fell 1.7 percent in January from the previous month, the first decline in three months, the Cabinet Office said Wednesday. Private-sector orders, excluding those for ships and power equipment, closely watched as a leading indicator of corporate capital spending ...

Mar 9, 2015

Japan logs current account surplus for seventh month straight

Led by higher exports amid a weaker yen and lower oil imports, Japan logged a current account surplus for the seventh consecutive month in January, with the balance standing at ¥61.4 billion, ($509 million), the government said Monday in a preliminary report. The balance, ...

Mar 9, 2015

Nomura, Daiwa boost hiring of grads as stock market climbs

Nomura Holdings Inc. and Daiwa Securities Group Inc. increased hiring of university graduates this year as a stock market rally brightens prospects for the nation’s biggest securities firms. Nomura recruited 600 graduates for its main brokerage arm, a 20 percent increase from last year, ...

Mar 4, 2015

Ruling camp gives up enacting budget by April start of fiscal year

The Liberal Democratic Party-led coalition has given up on passing the budget before the new fiscal year begins on April 1, according to senior lawmakers. Until the record-high ¥96.34 trillion budget is enacted, the Abe administration will formulate a stopgap budget to cover government ...