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Cina Giappone
IMF maintains 1% forecast for Japan in 2016 but cuts outlook for global growth
The International Monetary Fund has cut its projections for global economic growth this year, including for the United States, citing a slowdown in emerging economies such as China. But in its revision to the semiannual World Economic Outlook, the IMF on Tuesday kept its 2016 forecast for Japan unchanged, citing ...
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Giappone
Dollar approaches ¥118 in Tokyo
The dollar climbed to levels just below ¥118 in Tokyo on Tuesday as stocks climbed and players were persuaded to buy back the U.S. currency. At 5 p.m., the dollar was at ¥117.90-90, up from ¥117.03-03 at the same time Monday. The euro was at $1.0865-0865, down from $1.0892-0892, and ...
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Giappone
Air France upgrades cabins; jetstar teams up with Keisei; Korean Air adds flights
Air France upgrades cabins Air France has installed new cabins on planes serving Tokyo. Travelers on AF275 departing Narita airport on Jan. 12 were able to experience the new cabins in the Boeing B777-200 aircraft, which has three classes of 40 seats in business class, 24 in premium economy and ...
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Cina Giappone
Tokyo stocks snap losing streak as Nikkei climbs 93 points
Stocks snapped their three-session losing streak on the Tokyo Stock Exchange on Tuesday, driven higher by buybacks of undervalued issues after equities rose in Shanghai. The Nikkei rose 92.8 points, or 0.55 percent, to end at 17,048.37. On Monday, it skidded 191.54 points to close below the 17,000 line for ...
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Giappone
Japan government fund considers ¥300 billion Sharp investment to counter Hon Hai offer
A government-backed fund is considering investing around ¥300 billion in Sharp Corp. to assist its restructuring, raising the amount to counter an offer by Taiwan’s Hon Hai Precision Industry Co., sources said Tuesday. The Innovation Network Corporation of Japan had been expected to propose an investment of ¥200 billion to ...
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Giappone
Cosmo Energy to be first Japanese energy firm to import U.S. oil
Cosmo Energy Holdings Co. will begin importing crude oil from the United States in mid-February, becoming the first Japanese firm to do so after the U.S. government lifted a four-decade ban on oil exports in December, industry officials said Tuesday. Washington’s move increases Japan’s options for procurement and is expected ...
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Giappone
Japanese airlines to cut fuel surcharges as oil prices slump
The nation’s airlines are set to remove fuel surcharges with oil trading around a 12-year low, ending a decade of high jet kerosene costs that had added as much as ¥66,000 to the price of a round-trip ticket to the U.S. or Europe. The current price of Singapore kerosene is ...
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Giappone
Sakakibara says dollar at ¥110 would not derail recovery
Former Vice Finance Minister Eisuke Sakakibara says that while doubts over the global economy are strengthening the yen the currency probably will not gain enough to hurt Japan’s exporters. There is a high probability the yen will shift to a range between 110 and 115 per dollar by the second ...
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Giappone
Son’s SoftBank vision at risk as Sprint goes from bad to worse
The acquisition of Sprint Corp. was supposed to help Masayoshi Son realize his vision of transforming SoftBank Group Corp. into the world’s most valuable company. Instead, the 2013 deal has become his biggest setback so far, dragging down SoftBank shares and cutting into the billionaire’s wealth. SoftBank dropped 7.9 percent ...
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Giappone
Japan approved 85,550 MW of renewable energy projects since 2012
Japan has given the go-ahead to 85,550 megawatts of clean-energy projects since the introduction of an incentive program in July 2012, with solar comprising the vast bulk of the new capacity. Of the approvals, 23,650 megawatts, or about 28 percent, had gone online as of the end of September, according ...