Business Topics

Households feeling little benefit from higher stocks

Apr 11, 2015

Households feeling little benefit from higher stocks

While the benchmark Nikkei 225 average briefly topped 20,000 for the first time in about 15 years on Friday, Japanese households are feeling little benefit from the higher stock market. The strong performance of the Nikkei suggests that stock market players continue giving high ...

Apr 8, 2015

Current account surplus sees healthy spurt

Japan’s current account posted its biggest surplus in over three years in February, as the anemic yen boosted income from abroad while a dip in global crude oil prices drove down imports, the government said Wednesday. The surplus stood at ¥1.44 trillion, the largest ...

Apr 8, 2015

Summer bonuses to rise for second straight year

Summer bonuses are expected to rise for a second straight year, though by less than in 2014, according to private-sector estimates. The average bonus this summer is expected to rise 2.3 percent year on year, to ¥379,000 per worker, Mizuho Securities Co. said Tuesday. ...

Japan-Indonesia power plant to break ground in Java this month

Apr 8, 2015

Japan-Indonesia power plant to break ground in Java this month

Indonesian President Joko “Jokowi” Widodo said Tuesday a project to build a $4 billion thermal power plant project funded by an Indonesia-Japan consortium will begin at the end of April. “God willing, we will go there for the groundbreaking at the end of this ...

Apr 8, 2015

BOJ stays further easing measures

The Bank of Japan held off further easing measures on Wednesday as it struggles to bolster stagnant inflation that is defying a massive stimulus program launched two years ago. Following a two-day meeting, the central bank backed the program, which is adding about ¥80 ...

Apr 8, 2015

February U.S. consumer borrowing hits record high

Consumers increased their borrowing to a record high in February, driven by a large jump in auto and student loans. The Federal Reserve reported Tuesday that consumer borrowing expanded $15.5 billion in February following a $10.8 billion gain in January. The February increase pushed ...

Apr 7, 2015

LDP proposes future energy policy heavy on nuclear power

Ruling party lawmakers proposed to Prime Minister Shinzo Abe on Tuesday that Japan generate around 60 percent of its electricity from stable sources, a figure that meets international standards but also suggests continued reliance on nuclear power. The share of “base-load” power sources, which ...