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  • Najib interview

    Malaysia welcomes Japanese high-speed rail bid

    TOKYO -- Malaysian Prime Minister Najib Razak welcomed Japan's bid to handle his country's high-speed rail project in a Monday interview with the Nikkei Asian Review. "Japanese shinkansen and rail technology is very competitive," said Najib, in

    May 25, 2015 10:00 pm JST
  • Dollar gains vs yen on Fed expectations

    TOKYO (Kyodo) -- The U.S. dollar held firm in the upper 121 yen range on Monday in Tokyo, aided by expectations for a U.S. interest rate hike later this year. At 5 p.m., the dollar fetched 121.63-65 yen compared with 121.50-60 yen in New York an

    May 25, 2015 07:01 pm JST
  • Japan's balance sheet

    Net external assets at record $3 trillion in 2014

    TOKYO -- Japan's foreign assets and debt are both increasing thanks to a weaker yen and the rise in stock and bond prices overseas. Japan's net external assets rose to a record 366.86 trillion yen (around $3 trillion) at the end of 2014, up 41 t

    May 25, 2015 07:00 pm JST
  • JGBs fall as Tokyo stocks hit fresh 15-year high

    TOKYO (Dow Jones) -- Japanese government bonds edged down Monday, extending their losing streak as the Tokyo stock market hit a fresh 15-year high, sapping demand for safe-haven securities. Both short- and long-term JGBs posted mild losses, caus

    May 25, 2015 04:03 pm JST
  • Nikkei rises for 7th day, hits fresh 15-yr high on weaker yen

    TOKYO (Kyodo) -- The Nikkei index hit a fresh 15-year high on Monday, rising for seven straight trading days for the first time in about six months, as the yen's weakness against the U.S. dollar underpinned demand for export-oriented stocks. The

    May 25, 2015 03:26 pm JST
  • Eastern Japan shaken by 5.6 magnitude quake, no tsunami warning

    TOKYO (Reuters) -- An earthquake with a preliminary magnitude of 5.6 shook Tokyo and surrounding areas on Monday, but no tsunami warning was issued, the Japan Meteorological Agency said. The quake was centred in Ibaraki prefecture just northeast

    May 25, 2015 03:06 pm JST
  • More in Japan

    Honda trying to go back to the future

    TOKYO -- Japan's Honda Motor wants to put itself on the road back to fiscal 2007. In other words, it's time for some restructuring. In the 1980s, Honda began a three-decade-long run of remarkable success in the North American market. Much of

    May 25, 2015 01:00 pm JST
  • Accounting standards

    Japanese bluechips shift to IFRS

    TOKYO -- During the reporting season earlier this year, something new turned up at earnings briefings for many major Japanese companies. More than a few disclosed plans to adopt international financial reporting standards, commonly known as IFRS, in

    May 25, 2015 01:00 pm JST
  • Dollar rises to 2.5-month high vs. yen on US CPI, Yellen comments

    TOKYO (Kyodo) -- The U.S. dollar rose to a two-and-a-half month high in the upper 121 yen zone Monday morning in Tokyo as hopes for a U.S. interest rate hike later this year grew after a larger-than-expected rise in consumer prices and comments by t

    May 25, 2015 12:46 pm JST
  • Nikkei marks fresh 15-year high in morning on weaker yen

    TOKYO (Kyodo) -- The Nikkei stock index rose to hit a fresh 15-year intraday high on Monday morning as the yen's weakness against the U.S. dollar underpinned investor sentiment in export-oriented stocks. The 225-issue Nikkei Stock Average gained

    May 25, 2015 12:31 pm JST
  • Japan export growth dips, outlook uncertain as China, US economies slow

    TOKYO (Reuters) -- Japan's exports rose in April from a year earlier led by U.S.-bound shipments of cars, but the monthly pace of growth slowed from March -- a worrying portent for external demand as a slowdown in the economies of China and the U.S.

    May 25, 2015 10:22 am JST
  • Tokyo stocks rise in early trading on weaker yen

    TOKYO (Kyodo) -- Tokyo stocks rose in early trading Monday as the yen's weakness against the U.S. dollar underpinned investor sentiment in export-oriented stocks. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 101.81

    May 25, 2015 09:35 am JST
  • Dollar trades in mid-121 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the mid-121 yen range early Monday in Tokyo, little changed from its levels on Friday in New York. At 9 a.m., the dollar fetched 121.56-57 yen compared with 121.50-60 yen in New York and 120.72-75 yen i

    May 25, 2015 09:14 am JST
  • Tourism in Japan

    Foreign hotel chains expanding ahead of Tokyo Olympics

    TOKYO -- Japan is regaining its allure for foreign-owned hotel chain operators. Starwood Hotels & Resorts Worldwide and Hyatt Hotels are among those opening new outlets in the country, partly in view of the Summer Olympic Games to be held in Tokyo i

    May 25, 2015 07:00 am JST
  • Japanese companies in the Middle East

    Mitsubishi, Tepco win power plant order in Qatar

    TOKYO -- Mitsubishi Corp. and Tokyo Electric Power have received an order to construct a large power plant in Qatar. The project entails building a gas-fired plant with an output capacity of 2.4 million kilowatts and a seawater desalination plan

    May 25, 2015 02:00 am JST
  • Profitability metrics

    More Japanese companies go beyond 10% ROE

    TOKYO -- Major Japanese companies are becoming adept at using their capital more efficiently, with one out of three boasting a return on equity -- a key indicator in this regard -- of more than 10%. Of 1,714 nonfinancial companies listed on the

    May 25, 2015 02:00 am JST
  • Building ties

    Japan mulls energy, infrastructure aid to Cuba

    TOKYO -- Japan is considering expanding developmental assistance to Cuba beyond just the agricultural and medical fields into energy- and infrastructure-related projects, in a bid to bolster ties with the Latin American nation. Tokyo plans to se

    May 25, 2015 02:00 am JST
  • Nikkei poll

    Most Japanese wary of security reform

    TOKYO -- Most Japanese neither support the passage of new defense legislation this Diet session nor feel that the government has adequately explained the proposed changes, a weekend poll by Nikkei Inc. and TV Tokyo shows. Only 25% of respondents

    May 24, 2015 10:32 pm JST
  • 5 aquariums may quit Japan ass'n to keep acquiring Taiji dolphins

    TOKYO (Kyodo) -- Five of 34 Japanese aquariums that rear dolphins are considering leaving the Japanese Association of Zoos and Aquariums following its decision last week to prohibit members from obtaining dolphins caught in drive hunts off the town

    May 24, 2015 09:12 pm JST
  • APEC ministers agree on details of study for regional free trade

    BORACAY ISLANDS, Philippines (Kyodo) -- Trade ministers from 21 Asia-Pacific economies agreed Sunday on details of a study to identify challenges and ways toward the creation of a region-wide free trade zone, as they wrapped up a two-day meeting in

    May 24, 2015 06:29 pm JST