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  • Obama arrives in Tokyo, to talk with Abe over sushi

    TOKYO (Kyodo) -- U.S. President Barack Obama arrived in Tokyo on Wednesday evening, the first leg of a four-nation trip to East and Southeast Asia during which he will promote the U.S. commitment to the region. Obama will head for a sushi restau

    April 23, 2014 07:05 pm JST
  • Domestic-demand stocks rate high in trading value growth ranking

    TOKYO -- Companies in the service, telecom and construction sectors, together with others closely linked to domestic demand placed high in the trading value per day growth ranking. Trade in these companies has risen significantly since the start of

    April 23, 2014 07:00 pm JST
  • Commercial REITs attract investors wanting long-term stability

    TOKYO -- Japan's commercial real estate investment trusts are gaining ground as they attract investors looking for long-term stability. Commercial REITs can ensure stable returns from properties leased for relatively long periods that can span f

    April 23, 2014 07:00 pm JST
  • Japan to crack open the door a bit for unskilled foreign laborers

    TOKYO -- Japan has felt across-the-board labor shortages more acutely now that its economy is on a recovery path. Some observers argue that, given its rapidly shrinking population, the country needs to accept more workers from other countries to sus

    April 23, 2014 07:00 pm JST
  • Price war looms for Japan life insurance industry

    TOKYO -- Online price disruptions have spread to bricks-and-mortar stores in the Japanese life insurance industry. Major life insurance companies are slashing their prices to try and attract customers. Independent stores that compare life insura

    April 23, 2014 07:00 pm JST
  • Dollar stays in mid-102 yen range ahead of Tokyo inflation data

    TOKYO (Kyodo) -- The U.S. dollar traded in the mid-102 yen range Wednesday in Tokyo, hemmed in a narrow range as many market players awaited Tokyo inflation data due out later in the week that may influence the Bank of Japan's monetary policy. A

    April 23, 2014 06:10 pm JST
  • JGBs fall as BOJ operation results suggest weak demand

    TOKYO--Japanese government bonds fell Wednesday, sinking across the board after the latest round of debt-buying operation by the Bank of Japan revealed slackening demand for safe-haven securities. As part of its campaign to spur 2% inflation by f

    April 23, 2014 04:27 pm JST
  • Obama dreams of sushi?

    TOKYO (Dow Jones) -- On his first night in Japan, U.S. President Barack Obama appears set for a quintessential Japanese dish: sushi. He and Prime Minister Shinzo Abe will dine at Sukiyabashi Jiro, a tiny basement eatery whose octogenarian chef was

    April 23, 2014 04:10 pm JST
  • Nikkei rises to 2-week high tracking US gains

    TOKYO (Kyodo) -- The Nikkei stock index hit a two-week closing high Wednesday after two days of losses on buying spurred by overnight gains on Wall Street, but overall trading remained thin ahead of upcoming local corporate earnings reports. Th

    April 23, 2014 03:55 pm JST
  • Japan's regional economies keep recovering despite tax hike: MOF

    TOKYO (Kyodo) -- Japan's regional economies have continued to recover even after the first consumption tax hike in 17 years, the Finance Ministry said Wednesday, keeping intact its overall assessment for around four months from January through April

    April 23, 2014 03:33 pm JST
  • Meiji Yasuda to increase foreign bond, equity investments

    TOKYO (Dow Jones) --Meiji Yasuda Life Insurance Co. plans to increase investments foreign bonds and equity funds in the fiscal year that started in April, an investment officer with the firm said. Because insurers must secure enough returns to ful

    April 23, 2014 02:45 pm JST
  • Japan aid agency to buy stake in Myanmar industrial park developer

    YANGON -- Japan's government-affiliated aid organization will acquire roughly 10% of the Myanmar developer managing the nation's first modern industrial park in May, sources close to the matter told The Nikkei Wednesday. The Japan International

    April 23, 2014 02:00 pm JST
  • Dollar trades in mid-102 yen zone after China manufacturing data

    TOKYO (Kyodo) -- The U.S. dollar traded in the mid-102 yen zone Wednesday morning in Tokyo after data showing continued weakness in the Chinese economy led market players to turn to the safe-haven yen. At noon, the dollar fetched 102.51-52 yen

    April 23, 2014 01:15 pm JST
  • Japan's nuclear fuel policy is starting to give us the willies

    TOKYO -- Governments often use phrases so vague they can be interpreted in many ways. Here are two examples:Minimization of nuclear materials. This was used during the Nuclear Security Summit in The Hague, Netherlands, in March.Strategic flexibility

    April 23, 2014 01:00 pm JST
  • Tepco aims for thermal power alliance to procure funds

    TOKYO -- Devastating nuclear accidents at its Fukushima plants three years ago have squeezed Tepco's finances to the point where it is now seeking an alliance to gain external capital to bolster its thermal power generation. This is one of the m

    April 23, 2014 01:00 pm JST
  • Big life insurers assume weaker yen under investment plans

    TOKYO (Dow Jones) -- This fiscal year's investment plans by Japanese life insurance firms give an impression of a "conservative approach as usual" but projected foreign exchange rates by some of them shows how they are painting a picture of a strong

    April 23, 2014 12:08 pm JST
  • Seibu Holdings rises 4.7% above IPO price

    TOKYO (Dow Jones) -- Shares in Japanese hotel and railway operator Seibu Holdings rose in their trading debut Wednesday, closing morning trade at 1,682 yen, 5.1% above their initial offering price of 1,600 yen. Seibu's listing followed several di

    April 23, 2014 12:02 pm JST
  • Tokyo stocks rebound in morning, supported by US gains

    TOKYO (Kyodo) -- Tokyo stocks bounced back Wednesday morning after two days of losses, with sentiment lifted by overnight gains on Wall Street. The 225-issue Nikkei Stock Average went up 81.77 points, or 0.57 percent, from Tuesday to 14,470.54.

    April 23, 2014 12:02 pm JST
  • Thai AirAsia X to launch Japan and South Korea flights

    BANGKOK -- Thai AirAsia X, an affiliate of Malaysia's low cost carrier AirAsia X, will launch direct flights from Bangkok to South Korea on June 17 and to Japan in July. It will become Thailand's first LCC to operate routes over four hours long.

    April 23, 2014 12:00 pm JST
  • Kuroda: Core CPI for FY13 likely topped BOJ forecast

    TOKYO (Dow Jones) -- Bank of Japan Gov. Haruhiko Kuroda on Wednesday rejected the need to increase monetary stimulus, saying inflation is picking up more quickly than initially predicted by the central bank. Since initiating aggressive monetary ea

    April 23, 2014 10:56 am JST