Friday, December 6, 2013
Tokyo approved a spending package worth almost US$54 billion on Thursday in a bid to offset a tax hike that comes into effect next year and which critics fear will derail Japan's economic recovery.1 Comment
Tuesday, December 3, 2013
Japanese firms, buoyed by government stimulus and growing profits, will usher in their biggest annual capital spending increase since the 2008 global financial crisis, a survey showed Monday.
Saturday, November 30, 2013
Japan's economy is gaining momentum, data for October showed, with consumer prices excluding food and energy rising 0.3 percent from a year earlier, the biggest gain since 1998. However, household spending remained tepid, as incomes slipped from the same month a year before.
Monday, November 25, 2013
More than 20 Japanese and U.S. chip makers will jointly develop technology to mass-produce a next-generation semiconductor using MRAM (magnetoresistive random access memory), the business daily Nikkei reported Sunday.
Saturday, November 23, 2013
Japan cut its view on exports for a third straight month saying they were weakening due to sluggish demand from emerging economies, in direct contrast to the central bank's more upbeat outlook about recovery in the world's third-largest economy the day before.
Friday, November 22, 2013
The Bank of Japan (BoJ) on Thursday held off announcing any fresh measures to stimulate the economy, saying it was “recovering moderately” and that efforts to stoke inflation were taking hold.
Thursday, November 21, 2013
Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.
Friday, November 15, 2013
Japan said Thursday that growth halved in the July-September quarter as exports weakened and consumer spending slowed, but analysts were divided over what the figure meant for Tokyo's drive to fire up the economy.
Japan's top three banks have posted big gains in first-half profit and say strong earnings are set to continue as their brokerage businesses cash in on a surging stock market.
Thursday, November 7, 2013
A prominent Japanese entrepreneur is quitting a key panel advising Prime Minister Shinzo Abe, saying the government is stifling the economic reforms it has promised.