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May, 26, 2016

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Business > Asia > Japan
The yen pushed toward an 18-month high against the dollar Tuesday as investors seek refuge from an equity market sell-off and expectations of a near-term U.S. interest rate hike fade.
 
Updated Tokyo skyline icons still standing firm
The Ark Hills complex in Tokyo's Akasaka district, "Japan's first major private-sector redevelopment," celebrated its 30th anniversary at the end of March.
 
Confidence among Japan's biggest manufacturers dropped last quarter to its lowest level since Prime Minister Shinzo Abe kicked off his much-vaunted program to boost growth three years ago, a survey showed Friday.
 
Japan's factory output plummeted in February at its sharpest pace since the aftermath of the 2011 earthquake and tsunami disaster, government data showed Wednesday, the latest setback to efforts to rejuvenate the world's third-largest economy.
 
Japan spending gets leap year lift, big outlook dim
Spending by Japanese families increased in February for the first time in six months, government data showed Tuesday, but analysts said the rare good news for Prime Minister Shinzo Abe is likely to be short-lived.
 
From ready-to-wear knits manufactured instantly to customized dresses produced on inkjet printers, Japan's apparel industry is turning to state-of-the-art technology in a bold bid to cut labor costs and secure its future.
 
Japanese exports to China rose for the first time in seven months in February, the government announced Thursday, though analysts said the gain was distorted by the timing of the Lunar New Year holiday.
 
Containing Fukushima's radioactive water may be 9-year fight: manager
After battling radioactive water leaks for five years at Japan's crippled Fukushima Dai-Ichi nuclear plant, the utility that ran it says it will need another four to finish the job.
 
The Japanese yen climbed against major peers on Tuesday as a slump in China's exports offered dealers more evidence of a slowdown in the world economy.
 
Japan manufacturing output up in January, retail sales fall
Japan's industrial production rose in January from the month before, beating forecasts, while retail sales fell, suggesting the recovery of the world's third-largest economy is still on the ropes.
 
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