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Cina Giappone
Japan, China, South Korea fail to set goals for trade deal
High-ranking negotiators from Japan, China and South Korea failed to set goals for how far they want to open their markets in the latest round of talks on a three-way free trade accord, a Japanese official said. The representatives agreed to keep working on the deal, reaffirming the pledge made ...
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Giappone
Finance Ministry confirms expected ¥1 trillion shortfall from tax exemption for food
The Finance Ministry has agreed with the government’s projection that tax revenue will fall by around ¥1 trillion if food and beverages are exempted when the consumption tax is raised to 10 percent in April 2017. The ministry released the estimate Tuesday following debate on the exemption Monday at a ...
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Giappone
Keidanren seeking annual wage increases at 2016 negotiations
Keidanren is calling on member companies to consider annual income growth for workers as the 2016 wage talks between management and employees get under way. Company managers do not need to stick to pay-scale hikes, according to Keidanren’s guidance for corporate executives, released Tuesday. The report from the nation’s biggest ...
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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 ...