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October, 25, 2016

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Business > Asia > Japan
The yen held its gains Wednesday after markets were left underwhelmed by Japan's bid to stimulate the sluggish economy, sparking demand for safer assets.
Apple buys from 865 Japanese firms
Apple Inc. did around 3.6 trillion yen worth of business with 865 Japanese suppliers for parts and other items in 2015, according to figures released by Apple on Tuesday.
Investors deflated on 'disappointing' BOJ stimulus plan tweaks
The Bank of Japan deflated investor spirits Friday with underwhelming tweaks to its giant stimulus plan that fanned worries its monetary policy arsenal is almost empty.
The yen soared Friday as the Bank of Japan's small adjustments to its stimulus program disappointed traders who had expected a huge boost to its arsenal.
Japan's government Wednesday announced a stimulus package worth more than 28 trillion yen (US$266 billion) in its latest attempt to fire up the lukewarm economy, with the central bank expected to unveil its own measures this week.
The yen fell sharply Wednesday in response to a report that Japan's government will unveil a massive 27 trillion yen stimulus package to boost the stumbling economy.
The yen slipped Monday on mounting speculation that the Bank of Japan will ramp up its stimulus program after this week's policy meeting, while U.S. Federal Reserve prepares for its own gathering.
VCR headed for outdated tech heaven
The clunky videocassette recorder is going the way of floppy disks, eight-track tapes and camera film as the world's last manufacturer ends production of the once booming home-video technology.
The Japan launch of "Pokemon Go" on Friday included the game's first partnership with an outside company: fast-food giant McDonald's.
The yen edged lower Friday after a rally in New York sparked by Japan's central bank chief dashing hopes for so-called "helicopter money" stimulus.
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