Giappone
Vai alla Scheda Paese »That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
-
BOJ negative rate seen as top tool by analysts, with cut by July
The Bank of Japan’s new negative rate is the most likely tool for any expansion of stimulus, with a majority of economists in a survey forecasting additional easing by July. Eighty percent of analysts see a further cut to the negative rate as the most likely action for Gov. Haruhiko ...
-
European Central Bank surprises with strong stimulus action
The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program, and offered new cheap loans to banks, making an unexpectedly aggressive effort to boost inflation and economic growth in the 19 countries that share the euro. The steps on most counts exceeded expectations, suggesting the ...
-
Japan steel makers consider pay hike of ¥2,500 a month
Major Japanese steel makers are considering putting forward a pay hike of ¥2,500 per month for fiscal 2016 as the shunto wage negotiations enter their final stage, it was learned Thursday. The envisaged figure is higher than the ¥2,000 agreed for fiscal 2014 in previous negotiations with labor unions, but ...
-
A Nordic pyramid
Wallenbergs: the fifth generation SWEDEN is a progressive place. Women participate fully in the workforce. Companies are transparent, generally uncorrupt and often globally minded. Enthusiasm for technology helps Stockholm flourish as a lively startup centre for gaming, music and fintech firms. Business leaders earnestly talk of the benefits of going green, ...
-
Pacific trade deal cannot be renegotiated, says senior Japanese official
A senior Japanese trade negotiator said on Wednesday that it would be impossible to renegotiate a sweeping Pacific trade agreement, as some U.S. presidential candidates have proposed, without destroying it. Hiroshi Oe, Japan’s deputy chief negotiator for the 12-country Trans-Pacific Partnership trade deal, told an Asia Society forum in Washington ...
-
Honda debuts Clarity, its first mass production hydrogen car
Honda Motor Co. debuted a fuel cell vehicle Thursday that it hopes will secure wide take-up amid a national push for zero-emissions hydrogen technology. The Clarity is a five-seater model, the first hydrogen-powered vehicle of that size. Over the first year, Honda is targeting the lease of 200 units to ...
-
Toyota eyes pay-scale hike of ¥2,000 per month
The management of Toyota Motor Corp. is considering a pay-scale hike of around ¥2,000 per month in this year’s shunto spring wage negotiations, sources said Thursday. An agreement would mark the third straight year of hikes at the automaker. It is also considering using part of the funds set aside ...
-
Japan’s tourism boom is driving demand in unlikely places
The tourism boom, much lauded by the government, has had a number of unintended effects. Among them is a shortage of hotel rooms, a problem that has transformed the nation into the fastest-growing market for Airbnb. The rebound in tourism since the 2011 disasters is visible in everything from hotels ...
-
Fungus prompts Nisshin Oillio to recall coconut oil products
Nisshin Oillio Group Ltd. is recalling 1.6 million coconut oil products after aspergillus, a type of fungus, has been found in some of them. It seems that the products become susceptible to the fungus as the oil melts and hardens with changes in its temperature, company officials said. Subject to ...
-
Dollar rises above ¥113.50 on strong stocks
The dollar rose above ¥113.50 in Tokyo trading on Thursday, aided by gains on the stock market. At 5 p.m., the dollar stood at ¥113.57-59, up from ¥112.50-50 at the same time Wednesday. The euro was at $1.0967-0968, down from $1.0983-0984, and at ¥124.56-59, up from ¥123.58-58. In early trading, ...
-
Japanese investors binge on debt abroad amid negative yields at home
Japanese investors are scooping up bonds overseas to flee negative yields at home, driving a global debt-market rally. Money managers purchased a net ¥4.45 trillion of debt abroad from Feb. 12 to March 4, the biggest three-week outflow since the third quarter of 2010, based on Finance Ministry data. Nippon ...
-
Tokyo stocks snap three-day slide on overseas gains
Stocks snapped their three-session losing streak on the Tokyo Stock Exchange on Thursday, backed by rises in equities overseas and an easing of the yen. The Nikkei climbed 210.15 points, or 1.26 percent, to end at 16,852.35. On Wednesday, it fell 140.95 points. The Topix rose 19.84 points, or 1.49 ...
-
BOJ should ease further, says Abe adviser Honda
The Bank of Japan should use a combination of a more-negative benchmark rate and enlarged asset purchases “sometime, before long” to help the economy, according to Etsuro Honda, an adviser to Prime Minister Shinzo Abe. “But maybe not next week,” when the BOJ next meets to decide policy, Honda, 61, ...
-
Japanese wholesale prices fell 3.4% in February
Wholesale prices fell 3.4 percent in February from a year earlier on cheap oil and a firmer yen, the Bank of Japan said Thursday. It was the 11th straight month of decline. The index of corporate goods prices stood at 99.8 against the 2010 base of 100, the central bank ...
-
Japan’s cash-rich firms buying back shares, but tight on wages
Japanese firms sitting on more than ¥340 trillion of cash are buying back their own shares at a record rate, while turning a deaf ear to calls from Prime Minister Shinzo Abe to step up spending on wages and investment to support the economy. In February alone, taking advantage of ...
-
Obama ‘committed to Pacific trade deal,’ even as opposition spreads
U.S. President Barack Obama is fully committed to pushing for Congress to ratify the Trans-Pacific Partnership (TPP) deal despite anti-trade sentiment gaining steam on the presidential election campaign trail, National Security Adviser Susan Rice said Wednesday. Voter anxiety and anger over international trade and the 12-nation Pacific trade pact have ...
-
Consumer confidence, sentiment weaken in February
Consumer confidence worsened in February amid a decline in the country’s corporate performance and China’s economic slowdown, the Cabinet Office said, downgrading its assessment of the index for the second consecutive month. Another survey, also released by the office on Tuesday, showed business confidence among workers with jobs sensitive to ...
-
China may face Japan-like slump unless yuan weakens, KKR says
China could be facing the same kind of anemic growth that Japan did in the 1990s unless it moves to weaken the yuan to alleviate the country’s debt burden and fend off deflation, according to KKR & Co., one of the world’s largest private equity firms. The country’s currency interventions ...
-
Suzuki touts India-made car’s quality at parity with Japan
Suzuki Motor Corp., shipping India-built cars to Japan for the first time, said plants in its biggest market are now capable of making vehicles at the same level of quality as factories at home. The nation’s second-biggest minicar maker began selling the Baleno hatchback, made by its Maruti Suzuki India ...
-
Dollar falls to around ¥112.50 in Tokyo
The dollar lost further ground and slipped to around ¥112.50 in Tokyo trading on Wednesday, dragged down by falling stock prices in Japan and abroad. At 5 p.m., the dollar stood at ¥112.50-50, down from ¥112.93-94 at the same time Tuesday. The euro was at $1.0983-0984, down from $1.1036-1036, and ...
-
Tokyo stocks fall for third day
Stocks extended their losing streak to a third session on the Tokyo Stock Exchange Wednesday, pressured by selling following Wall Street’s setback and the yen’s ascent particularly against the dollar. The 225-issue Nikkei average lost 140.95 points, or 0.84 percent, to end at 16,642.20. On Tuesday, the key market gauge ...