Exportiamo.it

Japan’s biggest steel maker, Nippon Steel & Sumitomo Metal Corp., said Monday it will buy rival Nisshin Steel Co. in an attempt to withstand deteriorating conditions in the industry triggered by China’s economic slowdown. Nippon Steel, which already owns around 8 percent of Nisshin Steel, the fourth-largest player in the ...

The dollar was firmer around ¥121.20 in Tokyo trading on Monday, continuously supported by the Bank of Japan’s surprise decision Friday to cut interest rates below zero, while traders were waiting to see a series of key U.S. economic data this week. At 5 p.m., the dollar stood at ¥121.21-21, ...

New car sales in January fell 4.6 percent from a year before in the 13th straight month of decline as sluggish demand for minivehicles lingered, industry data showed Monday. New vehicle sales stood at 382,876 units, according to data from the Japan Automobile Dealers Association and the Japan Light Motor ...

Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori Sago, the bank’s vice president in charge of asset management. The bank’s policy for more diversified and sophisticated asset management “will not be affected” by the recent slump of stock prices, ...

A group of renowned economists has started offering support for accurately analyzing the effects of the Trans-Pacific Partnership multilateral free trade pact. The Global EPAs Research Consortium, including experts from the World Trade Organization, will provide Japan, the United States and 10 other TPP countries with its sophisticated analytical methods ...

Keikyu Corp. on Monday began operating a special “Love Train” to promote Valentine’s Day. The Keikyu Love Train, featuring four nonreserved box seats decorated with heart designs, will run through March 14, according to the Tokyo-based railway. In Japan, Valentine’s Day falls on Feb. 14 but is marketed as the ...

Tokyo stocks advanced further on the Tokyo Stock Exchange Monday, supported by the yen’s drop and gains in overseas equities late last week following the Bank of Japan’s decision to introduce a negative interest rate policy. The 225-issue Nikkei average rose 346.93 points, or 1.98 percent, to finish at 17,865.23. ...

An increasing number of investment management firms are suspending sales of money management funds because interest rates are slumping in the wake of the Bank of Japan’s shock decision Friday to introduce negative interest rates. MMFs, which invest assets mainly in low-risk public and corporate bonds, are known as relatively ...

Toyota Motor Corp. said Monday it will suspend production at all assembly plants in Japan next week in the wake of a steel factory explosion, dealing a blow to the supply of crucial models including the new Prius hybrid. All domestic assembly lines will halt Feb. 8 through Feb. 13, ...

The Bank of Japan continues to push the boundaries of monetary policy. It surprised markets on Friday by joining the less-than-zero club of economies that have embraced a policy of negative interest rates, requiring financial institutions to pay the central bank to park some of their cash beyond required reserve ...