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June, 25, 2016

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Business > Asia > Japan
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.
 
Hon Hai's acquisition of Sharp not yet a done deal
Hon Hai Precision Industry Co., the world's largest contract electronics maker, said Thursday that it needed to clarify a document from financially troubled Sharp Corp. of Japan before a bailout deal could be signed.
 
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.
 
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