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December, 5, 2016

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Business > Asia > Japan
Japan's factory output ticked up in October, expanding for the third month in a row, government data showed Wednesday.
 
Japan's public pension fund, the world's biggest, said Friday it has swung back from huge losses, providing some respite after coming under fire for moving a chunk of its bond-heavy portfolio into riskier equities.
 
Torinoichi festival in Tokyo
A customer holds a "Kumade," or "good luck rake," during Torinoichi festival at Hanazono Shrine in Tokyo, Wednesday, Nov. 23. At the festival, many street stalls sell kumades decorated with lucky charms that bring in prosperous business and good fortune.
 
Japanese stocks extended their recent rally Monday as the U.S. dollar consolidated gains against the yen, with investors betting on a U.S. interest rate rise next month.
 
Japan saw its second consecutive trade surplus in October, official data showed on Monday, though it came in below expectations as a strong yen reined in exports.
 
After the APEC summit in Lima, Japan's Prime Minister Shinzo Abe heads to Argentina on Monday to bolster bilateral trade and investment ties with Latin America's third largest economy.
 
Malaysia pins trade pact aspirations on Abe-Trump meeting set for New York
Malaysian Prime Minister Najib Razak on Wednesday expressed hope that Japanese counterpart Shinzo Abe can persuade U.S. President-elect Donald Trump of the merits of a languishing Pacific free trade deal.
 
Stronger exports and housing investment helped Japan's economy grow at a 2.2 percent annualized pace in the July-September quarter, better than many analysts had anticipated and fast enough to stave off further central bank stimulus for now.
 
Japanese stocks soared Monday as the dollar reached a four-month high against the yen, but most other Asian markets were hit by worries about the impact of Donald Trump's presidency on global trade.
 
Japan firm raided after overwork suicide
Japanese authorities raided the country's top advertising agency Dentsu on Monday as they launched a criminal investigation into the suicide of a 24-year-old employee due to overwork on suspicion of systematic illegal overtime at the company.
 
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