text

Tokyo's Tsukiji fish market holds final new year auction

The world-renowned Tsukiji fish market in Tokyo held its final new year auction Tuesday, before the much loved fish and food nirvana will be relocated later in the year.

text

Japan approves record 42 bln USD defense budget for FY 2016, spending leaps for 4th straight year

The Cabinet of Japanese Prime Minister Shinzo Abe approved a record-high military budget on Thursday marking the fourth consecutive year that spending on defense has increased.

text

Japan's cabinet green-lights record budget for FY 2016, challenging fiscal reform goals ahead

​Prime Minister Shinzo Abe's cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation's burgeoning welfare costs and mounting public debt.

text

Japan's Sharp announces sale of head office buildings in Osaka

​Japan's electronics giant Sharp announced on Monday that it will sell its two head office buildings in Osaka for a total of 18.8 billion yen (156 million U. S.dollars).

text

Toshiba logs 317.7 mln USD net loss in FY 2014

​Japan's Toshiba Corp. logged 37.83 billion yen (about 317.7 million U.S. dollars) group net loss for the past fiscal year through March due to asset impairment charges and other losses, local media reported Monday.

text

Japan's trade deficit shrinks less than expected following weak GDP data

Japan's trade deficit shrinks less than expected following weak GDP data

text

Japan posts 1st trade surplus in nearly 3 yrs in March

​Japan's exports exceeded imports in March for the first time in nearly three years, government data showed Wednesday.

text

Japan approves budget 2015, defense spending hits record high

​Japan's Cabinet approved a record 96.34 trillion yen government budget for fiscal 2015 beginning in April to accommodate rising spending for social security and defense.

text

Japan adopts new stimulus package to drive economy

The Japanese government on Saturday approved an emergency economic stimulus package worth about 3.5 trillion yen (about 29.06 billion U.S. dollars) to drive regional economies hit by higher prices due to sales tax hike and the yen's fast retreat.

text

Japan's trade deficit edges down in Nov. as crude oil dives

​Japan logged a good trade deficit of 891.9 billion yen (about 7.66 billion U.S. dollars) in November, down 31.5 percent from the previous year, government data showed Wednesday

text

Japan's ex-trade minister to stand in snap election despite dubious expenses

​Former Economy, Trade and Industry Minister Yuko Obuchi who stepped down from the Cabinet last month over allegations her support groups misused political funds and filed dodgy reports between 2008 and 2012, still plans to defend her Liberal Democratic Party seat in December's snap election.

text

Japan's current account surplus at record low in H1

​Japan's current account surplus for the first half of the fiscal 2014 stood at a record low at 2,023.9 billion yen (about 17.62 billion U.S. dollars) in the period from April to September, the Japanese Finance Ministry said Tuesday.

text

Japan's moves to devalue yen could have inherently detrimental effects in the long-term

Japan's central bank sent shock waves through financial markets at the end of last week by ramping up its purchases of government bonds and assets to try and achieve its somewhat arbitrary inflation target and kickstart an acutely obstinate economy.

text

Dollar trades at upper 114 yen level in early Tokyo deals

​The U.S. dollar changed hands at the upper 114 yen level early Thursday in Tokyo, remaining at a seven- year high hit overnight in New York on U.S. midterm election results.

text

Nissan posts 24.9 pct rise in H1 group net profit on brisk SUV sales in U.S.

Nissan Motor Co. announced Tuesday a 24.9 percent year-on-year rise in its group net profit for the fiscal first half and a 16 percent rise in its net profit in the July to September period, citing robust sales in the United States of its crossover SUV models compensating for lackluster sales here.

text

S. Korea raises worrying pitch on weak yen, rate cuts restricted

​South Korea on Wednesday raised its worrying pitch on the prolonged weakness of the Japanese yen, which would dent competitiveness of domestic exporters, but the central bank kept its stance that the effect of further rate cuts to respond to the weak yen would be restricted.

text

S.Korean currency drops on dollar after positive U.S. jobs data

​South Korea's currency dropped versus the U.S. dollar Monday to trade at the six month low as the dollar appreciated to major currencies after the release of positive U.S. jobs data.