Japan’s corporate service inflation steady at nearly 9-year high in December
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour costs amid…
Japan’s Aug factory activity grows at slowest pace in 19 months – flash PMI
TOKYO (Reuters) – Japan’s factory activity growth slowed to a 19-month low in August as output and new order declines deepened, amid growing pressure from persistent rises in raw material and energy…
Japan’s Mitsui nears decision to join new Sakhalin-2 operator -Nikkei
TOKYO (Reuters) – Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 liquefied natural gas (LNG) project, the Nikkei…
Japan’s Asahi considering full-scale push into North America beer market -CEO
By Ritsuko Shimizu and Rocky Swift TOKYO (Reuters) – Japan beverage giant Asahi Group Holdings Ltd is considering full-scale entry into the North American market, its chief executive said on Thursday. Japan’s…
Japan’s wholesale inflation moderates on easing global commodity pressure
By Leika Kihara TOKYO -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace in a sign inflationary pressure from higher…
Japan’s GPIF posts $28 billion Q1 investment loss on market turbulence
TOKYO -Japan’s Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter of negative returns, as economic slowdown fears…
Japan’s economy likely rebounded in Q2 with unleashing of consumers: Reuters poll
By Kantaro Komiya TOKYO – Japan’s economy likely rebounded in April-June from contraction in the previous quarter thanks to solid consumer spending in face-to-face services no longer hindered by coronavirus curbs, a…
No worries about U.S. demand for now, Japan’s Subaru says
By Satoshi Sugiyama TOKYO – Japan’s Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing concern about a slowdown in the world’s…
Japan’s services sector nearly stagnates in July – PMI
TOKYO – Japan’s services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment, while firms also said a boost from the lifting of COVID-19…
Japan’s July factory activity growth slows as output, new orders contract
TOKYO – Japan’s manufacturing activity expanded at the weakest rate in 10 months in July, as pressure from rising prices and supply disruptions hurt output and new orders, suggesting a solid post-pandemic…
Japan’s inflation not mainly caused by weak yen, ADB’s Asakawa says
TOKYO – It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa…
Japan’s Mizuho Financial reports 36% drop in Q1 net profit
TOKYO – Mizuho Financial Group Inc, Japan’s third-largest lender by assets, reported on Friday a 36% drop in first-quarter net profit from a year ago when earnings were boosted by tax-related gains.…
Japan’s July factory activity growth slows to 10-month low – flash PMI
TOKYO – Japan’s manufacturing activity grew at the slowest pace in 10 months in July as output and new orders contracted, boding ill for an economy struggling to stage a convincing post-pandemic…
Analysis: Japan’s dovish Kishida may now take defence mantle of slain mentor Abe
By Tim Kelly and Yukiko Toyoda NARA, Japan – After a strong showing in an election overshadowed by the killing of former premier Shinzo Abe, Japanese Prime Minister Fumio Kishida may have…
Biden orders U.S flags flown at half-staff to honor Japan’s Abe
WASHINGTON – President Joe Biden said on Friday he had ordered U.S. flags to be flown at half-staff through July 10 to honor Shinzo Abe after the former Japanese prime minister was…
Japan’s Shinzo Abe sought to revive economy, fulfil conservative agenda
TOKYO – Shinzo Abe, Japan’s longest-serving prime minister, launched his “Abenomics” policies to lift the economy out of deflation, beefed up Japan’s military and sought to counter China’s growing clout in a…
Explainer – Inflation to nuclear power: What’s at stake in Japan’s election
By Elaine Lies TOKYO – Japan will vote in upper house elections on Sunday that have implications for Prime Minister Fumio Kishida’s grip on the ruling Liberal Democratic Party (LDP) and his…
Analysis-Inflation, not deflation, is now Japan’s political hot potato as election looms
By Leika Kihara and Daniel Leussink TOKYO – The rising cost of living is turning into a thorny political issue ahead of Japan’s upper house election this weekend, as opposition parties peg…
LG Energy Solution to supply batteries to Japan’s Isuzu Motors -newspaper
SEOUL – South Korea’s LG Energy Solution is on track to supply Japanese commercial vehicle maker Isuzu Motors with an estimated 1 trillion won ($763 million) or more worth of batteries, a…
Japan’s KDDI: Telecoms networks back up and running after failure
TOKYO – Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for both corporate and individual customers have been…
Japan’s service sector activity grows at fastest rate in over 8 years – PMI
TOKYO – Japan’s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment among businesses such as those in tourism.…
Japan’s factory activity growth slows in June – PMI
TOKYO – Japan’s factory activity growth slowed in June as supply disruptions in part due to China’s strict COVID-19 curbs hurt manufacturers, keeping the economy underpowered and with few catalysts in the…
Japan’s state-backed JIC hires SMBC Nikko for potential Toshiba deal -sources
By Makiko Yamazaki and Kane Wu TOKYO/HONG KONG – State-backed Japan Investment Corp (JIC) has hired SMBC Nikko Securities as its financial adviser for its pursuit of a potential equity investment in…
Japan’s June factory activity growth eases on China curbs – flash PMI
TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high on the…
Japan’s JERA prepares to revive a second aged power unit at Anegasaki
By Yuka Obayashi ANEGASAKI, Japan – JERA, Japan’s biggest power generator, has started preparation work to restart another aged power generation unit at its Anegasaki thermal power station, near Tokyo, to help…
Japan’s SMFG plans to buy 10% stake in SBI worth over $443 million -Nikkei
TOKYO -Japan’s Sumitomo Mitsui Financial Group (SMFG) Inc is in final talks to acquire 10% of online financial giant SBI Holdings Inc in a deal likely worth over 60 billion yen ($443…
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