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May, 2, 2016

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Business > Asia > Japan
Japan's trade balance returned to deficit in January, with a shortfall of 646 billion yen (US$5.65 billion) as exports fell 13 percent from the year before, led by an 18 percent plunge in the value of shipments to mainland China.
 
The Bank of Japan on Tuesday introduced a negative interest rate for the first time in Japan.
 
Japan's economy contracts in latest setback for Abe policies
TOKYO -- Japan's economy contracted at a worse than expected 1.4 percent annual pace last quarter as Prime Minister Shinzo Abe's lavish stimulus policies failed to counter anemic consumer demand and sluggish exports.
 
Values of Japan Post stocks sink below IPO levels
The stock prices of Japan Post Holdings Co. and its two financial units have been hovering at a low level recently due to investors' concerns about the declining yields of government bonds, the main investment vehicles for the financial units.
 
Japan introduces negative interest rate to boost economy
The Bank of Japan on Friday said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.
 
Japan led global stock markets higher Friday after its central bank introduced a negative interest rate policy in the latest move to overcome malaise in the third-biggest economy. The yen dived against the U.S. dollar and the euro.
 
Japan had a record number of foreign visitors last year thanks to a surge in mainland Chinese arrivals, a cheaper yen and looser visa rules, it was announced Tuesday.
 
Japan is the top destination for Taiwanese travelers in 2016 among Asia-Pacific nations, followed by mainland China and South Korea, according to the results of a survey released Monday.
 
Women-only work groups strengthen Japan working women
Whether it's associations of people with particular professional licenses or networks spanning an entire industry, the number of women-only work groups are growing.
 
Tokyo's shares ended the year on a high note, climbing more than 9 percent in 2015 to rank among the world's top-performing major markets.
 
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