By Takaya Yamaguchi TOKYO -Japan’s government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the economic blow from rising raw…
(Reuters) – A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. [FRX/] It is more than a decade since…
TOKYO – Japanese retailer Seven & I Holdings Co, facing pressure from activist investors for structural reforms, has nominated a former executive of Uber Technologies Inc to join its board…
By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warnings against sharp yen falls with the finance minister saying the currency’s slump to two-decade lows versus the…
TOKYO – U.S. Treasury Secretary Janet Yellen will hold a bilateral meeting with her Japanese counterpart Shunichi Suzuki on the sidelines of Group of 20 financial leaders’ gathering in Washington,…
By Leika Kihara TOKYO -Japanese Prime Minister Fumio Kishida said the central bank’s monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside…
By Makiko Yamazaki TOKYO – Big Japanese firms including Sumitomo Mitsui Financial Group, Tokyo Electric Power (Tepco) and Mitsubishi Corp will face resolutions from activist shareholders urging greater commitment to…
By Leika Kihara TOKYO -Japan’s wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed…
By Kantaro Komiya TOKYO – Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for…
By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third…
By Leika Kihara TOKYO -The International Monetary Fund (IMF) cut Japan’s economic growth forecast on Thursday and urged policymakers to consider preparing a contingency plan in case the Ukraine crisis…
TOKYO – Japan’s manufacturing activity grew at a faster pace from the prior month in March as domestic demand got a lift from the waning impact of the coronavirus pandemic.…
By Daniel Leussink TOKYO – Japanese factories posted their first rise in output in three months in February as resilience in global demand led to a rebound in car production,…
By Leika Kihara and Tetsushi Kajimoto TOKYO – Japanese policymakers escalated their warning against sharp yen falls, with the country’s top currency diplomat saying Tokyo and Washington agreed to “communicate…
– Rating agency Fitch on Friday revised its outlook on Japan’s long-term foreign-currency issuer default rating to stable from negative on Friday, citing confidence in the stabilisation of the country’s…
TOKYO – Japan needs to closely watch downside economic risks from rapid commodity inflation caused by the war in Ukraine and its disruption to the global energy supplies, the government…
TOKYO – Japan’s manufacturing activity sped up in March from the prior month as a reduction in COVID-19 cases in the country helped lift orders and production, however, surging input…
By Kevin Buckland and Alun John TOKYO – A jump in the price of oil and a yawning gap between yields at home and those of U.S. bonds have left…
By Kentaro Sugiyama and Daniel Leussink TOKYO – The Bank of Japan’s next governor must be someone who can steer the central bank toward an exit from ultra-easy monetary policy,…
TOKYO -Japanese airline ANA Holdings Inc plans to launch a new international low-cost carrier in late 2023 or early 2024, joining its rival Japan Airlines Co in a bet on…
By Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in…
TOKYO – Japanese chipmaker Renesas Electronics Corp announced on Thursday it will set up a design centre with India’s Tata Elxsi Ltd to jointly develop electric vehicle (EV) technology as…
TOKYO, Mar 1 – Japan’s manufacturing activity growth slowed to a five-month low in February, as the Omicron variant of the coronavirus pandemic and raw material shortages hurt firms’ output,…
By Tetsushi Kajimoto TOKYO – Every March, management of Japan’s blue-chip firms meet with unions for wage talks across industries that set the tone for employees’ pay in the new…
By Daniel Leussink TOKYO – Japan’s economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country’s economic recovery,…