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Giappone
Japan logs current account surplus for 22nd consecutive month
Japan posted a current account surplus for the 22nd consecutive month in April, the government said Wednesday, as declining crude oil prices reduced imports and rising numbers of foreign tourists pushed up a travel surplus. The current account surplus expanded 41.7 percent from a year earlier to ¥1.88 trillion, the ...
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Giappone
Japan’s biggest bank may cease underwriting JGB auctions as negative rates bite
The main lending unit of MUFG says it may quit as one of the 22 primary dealers that underwrite government bond auctions. The post Japan’s biggest bank may cease underwriting JGB auctions as negative rates bite appeared first on The Japan Times.
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Giappone
DP urges BOJ to abandon negative interest rates
The Bank of Japan should ditch its negative interest rate policy because it is spreading unease among savers and small companies, the main opposition party said a month ahead of an Upper House election. Shiori Yamao, 41, a former public prosecutor turned policy chief of the Democratic Party, spoke in ...
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Cina Giappone
Tokyo stocks rise further on China data, futures-led buying
Stocks advanced further on the Tokyo Stock Exchange Wednesday, backed by purchases on the back of better-than-expected Chinese trade data and by index futures-led buying. The 225-issue Nikkei average rose 155.47 points, or 0.93 percent, to end at 16,830.92. On Tuesday, the key market gauge climbed 95.42 points. The Topix ...
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Giappone
Quarterly GDP is revised up, showing 1.9% growth
The economy grew slightly more than initially reported for the first quarter, helped by a fractional revision in private consumption and business investment that dropped less than first thought. Gross domestic product expanded by an annualized 1.9 percent in the three months ended March 31, more than a preliminary reading ...
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Giappone
World Bank slashes outlook on Japan, saying only 0.5% growth expected in 2016
The World Bank on Tuesday revised down its estimate for Japanese growth by 0.8 of a percentage point, saying GDP is now expected to rise only 0.5 percent in 2016 on the back of slumping consumption and exports. It will be the third straight year that growth has limped along ...
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India Giappone
Obama, Modi praise prep work on six-reactor deal in India
U.S. President Barack Obama and Indian Prime Minister Narendra Modi on Tuesday welcomed the start of preparatory work on six nuclear reactors in India, a key step in closing the first deal stemming from a U.S.-India civil nuclear accord struck over a decade ago. The two leaders said in a ...
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Giappone
GM wants steering wheels, pedals retained in self-drive cars
General Motors chief executive Mary Barra came out strongly Tuesday for regulations requiring the retention of steering wheels and foot pedals in self-driving cars. As the largest U.S. automaker pushes into developing autonomous cars and trucks, Barra said keeping the vestigial appendages of traditional human-piloted vehicles is crucial for safety. ...
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Giappone
Takata, Nissan hit with first air bag criminal complaint
A woman in Japan has filed a criminal complaint against Takata Corp. and Nissan Motor Co. over injuries sustained when a Takata air bag ruptured in a vehicle collision last year, investigative sources said. It was the first such case in the nation related to the unfolding massive recall. Police ...
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Giappone
Suzuki to step down as CEO, Honda to quit over fuel-testing scandal
Suzuki Motor Corp. said Wednesday its chairman, Osamu Suzuki, will step down from his post as chief executive officer and vice president Osamu Honda will quit to take responsibility for the fuel economy-testing scandal. Suzuki and Honda will resign from the posts on June 29, according to the company. Referring ...