Japan Aug core machinery orders rise in signs of pick-up in capex

By Tetsushi Kajimoto TOKYO, Oct 11 : Japan’s core machinery orders rose for a second straight month in August, handily beating market expectations, signalling a pickup in capital expenditure that should encourage Prime Minister Shinzo Abe ahead of a general election this month. The premier hopes to convince voters in the Oct.22 elections that his […]

Japan, U.S. to hold second round of economic dialogue on Oct 16

By Stanley White TOKYO, Oct 6 : Japanese Finance Minister Taro Aso said on Friday he would meet U.S. Vice President Mike Pence in Washington D.C. on Oct. 16 for the second round of an economic dialogue between the two countries. When asked about the possibility that the talks would include trade negotiations, Aso said […]

title=”Nikkei flat after hitting 2-year highs as market cautious ahead of US jobs data” data-text=”Nikkei flat after hitting 2-year highs as market cautious ahead of US jobs data” dir=”auto” class=”headline”>Nikkei flat after hitting 2-year highs as market cautious ahead of US jobs data

By Ayai Tomisawa TOKYO, Oct 5 : Japan’s Nikkei share average was nearly flat on Thursday morning after hitting fresh two-year highs in the previous session, while investors await major economic data such as U.S. jobs report due later this week. The Nikkei was flat at 20,624.61 in midmorning trade after opening a tad higher. […]

In latest twist of Japan election drama, Tokyo’s Koike says won’t seek seat

By Takashi Umekawa and Kiyoshi Takenaka TOKYO, Oct 3 : Tokyo Governor Yuriko Koike, whose new party is challenging Japanese Prime Minister Shinzo Abe’s ruling bloc in the Oct. 22 national election, said she would “100 percent” not run in the poll, the latest twist in a drama giving voters whiplash. Speculation has persisted that […]

IOC eyes Olympic villages for cost reductions

By Chris Gallagher TOKYO, Oct 3 : The International Olympic Committee is looking at various areas to cut costs for hosting the Games including the “level of service” in Olympic villages, IOC Vice President John Coates told Tokyo 2020 organisers on Tuesday. Coates, in opening remarks before a regular project review meeting, said the IOC […]

BOJ tankan corporate inflation expectations flagging

By Stanley White TOKYO, Oct 3 : Japanese companies’ inflation expectations eased slightly in September from three months ago in a worrying sign the economy continues to struggle with a deflationary mindset. Companies surveyed by the Bank of Japan expect consumer prices to rise 0.7 percent a year from now, lower than their projection for […]