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japan: news and opinion

Latest stories from Financial Times 


29 Aug 08 visit Nintendo raises earnings forecast Japan's Nintendo raised its 2008/09 profit outlook by 23 per cent beyond market expectations on strong sales of its Wii video game console and DS portable player
29 Aug 08 visit Japan inflation at decade high in July Annual core inflation rose to 2.4%, topping market expectations and reinforcing views that high oil and food prices are dealing a blow to consumers amid a likely recession
27 Aug 08 visit Property sector drags the Nikkei lower Asia-Pacific equities were mixed with Japan weighed down by property stocks and a higher yen, while investors applauded the earnings of companies including China Cosco and Woodside Petroleum
25 Aug 08 visit Japan's promised rice aid fails to emerge Three months after pledging to release 300,000 tonnes of the grain, Yasuo Fukuda, Japan's prime minister, has still not delivered
25 Aug 08 visit Toyota to lift prices on hybrids and trucks Toyota Motor Corp is to raise suggested retail prices on some hybrid and commercial vehicles in Japan from next month to help absorb higher prices of steel, crude oil and other raw materials
25 Aug 08 visit Nochu to buy more securitised products Norinchukin Bank (Nochu), Japan's fourth largest by assets, plans to increase investments in securitised products, including asset-backed securities and collateralised debt obligations, by at least Y6,000bn ($54bn) over the next year or two
21 Aug 08 visit China ousts US as top Japanese market China became Japan's largest export destination for the first time last month, underlining the growing importance of Chinese demand to the world's second-largest economy
21 Aug 08 visit Asia sinks as credit crisis victims mount China shares fell the most, reversing much of Wednesday's 7.6 per cent surge, while the MSCI Asia Pacific Index had lost 0.5 per cent by late morning in Tokyo
20 Aug 08 visit UK tries to offload Typhoon fighters Talks have been held with countries including Japan about offloading large numbers of Eurofighter Typhoons that the Ministry of Defence has ordered but can no longer afford
19 Aug 08 visit Japan warns iPod users of fire risk Japan warned consumers of the risks of Apple's iPod nano portable music player after reports of minor fires caused by overheating devices
19 Aug 08 visit BOJ cuts economic view as recession spreads The Bank of Japan has cut its assessment of the economy for a second month in a row in a sign that a global slump sparked by the US credit crisis may be spreading too quickly for Japan to avert recession
14 Aug 08 visit N Korea inquiry into abducted Japanese Tokyo and Pyongyang have agreed details for a new probe into the whereabouts of Japanese citizens believed to have been abducted by the communist state in the 1970s and 1980s
13 Aug 08 visit Japanese contraction fuels recession fears Confirming fears that the world's second largest economy could be facing a recession for the first time in six years, Japan's economy contracted an annualised 2.4 per cent in real terms
12 Aug 08 visit Japan data signal end of growth Japan's second-quarter gross domestic product figures are expected to reveal that the economy, the world's second largest, has contracted for the first time in a year
12 Aug 08 visit MUFG to buy out UnionBanCal for $3bn Japan's largest bank said it would pay $3 billion to make US unit UnionBanCal Corp a wholly owned subsidiary, becoming the latest big Tokyo financial firm to bulk up its presence outside Japan
08 Aug 08 visit Asia responds to Wall Street's decline Japan suffered as the government said the country, which has the world's second-largest economy, may be in recession because of slower growth in the US
06 Aug 08 visit Japan says economy is 'deteriorating' The Japanese government yesterday conceded that the country's longest post-war economic expansion may be over
05 Aug 08 visit Energy prices weigh on resources stocks Japan managed to buck the downward trend and edge higher, thanks to the weakening of the yen, which provided some much-needed respite for exporter stocks
03 Aug 08 visit Kuwait to lift Japan exposure Kuwait is planning to 'double or triple' its investment in Japan, in a move that could take its total commitment to $50bn, according to Mustapha al-Shamali, the Gulf state's finance minister
03 Aug 08 visit Japan close to declaring recession Japan's government may be forced to declare that the country has entered a technical recession, although any downturn is likely to be shallower than previous contractions
01 Aug 08 visit S Korea bucks trend with strong exports South Korea's exports rose at their fastest pace in four years to a record in June, in sharp contrast to those of its neighbours and rival producers, Japan and China
31 Jul 08 visit TDK buys Germany's Epcos for $1.9bn Japan's TDK Corp is buying German electronic parts manufacturer Epcos AG for $1.9bn in cash, as it pursues growth overseas and seeks to expand sales of industrial-use components
31 Jul 08 visit Asian markets climb but Japan sinks Japanese shares bucked the muted upward trend in Asia-Pacific markets as investors sold off stocks that had reported disappointing results
29 Jul 08 visit Japan's jobless rate close to a two-year high In June, seasonally adjusted unemployment rose 0.1 percentage points to 4.1 per cent, prompting the labour ministry to downgrade its assessment of the labour market for the first time in 10 months
29 Jul 08 visit Unexpected quarterly loss for Nomura Japan's largest brokerage has booked provisions against bond insurers hit by the global credit crisis and written down its investment in a US asset management firm
25 Jul 08 visit Japan inflation accelerates at fastest in 15 years Inflation in Japan accelerated in June to 1.9 per cent, the fastest pace in 15 years, as surging prices for energy and other commodities forced companies to pass on higher costs to consumers
24 Jul 08 visit Japan's exports fall for first time in five years Data further reinforced prevalent teh market views that the Bank of Japan will keep interest rates on hold for the rest of the year on economic uncertainties at home and abroad.
24 Jul 08 visit Rice hails talks with North Korea The US secretary of state met Pak Ui-chun, her North Korean counterpart, on Wednesday together with the foreign ministers of China, Japan, Russia and South Korea
23 Jul 08 visit Japan's largest insurer to buy US competitor Japan accounts for more than 80 per cent of Tokio Marine's profits, but the insurer is trying to expand abroad to escape slow growth in its home market
22 Jul 08 visit System glitch halts futures trading in Tokyo The Tokyo Stock Exchange has halted trading in futures for Japanese government bonds, the TOPIX share index and other contracts due to system problems
20 Jul 08 visit Ex-heads of failed Japan bank acquitted Japan's supreme court has acquitted three former executives of the now-defunct Long-Term Credit Bank of Japan, which became a symbol of the country's banking crisis
15 Jul 08 visit Bank of Japan downgrades growth forecasts The Bank of Japan gas has acknowledged the increasing impact of global problems on Japan's economy, slashing growth forecasts from 1.5% to 1.2%
04 Jul 08 visit G8 faces pressure to raise food aid The Group of Eight nations will be urged at their annual summit in Hokkaido to boost subsidies for farmers, after the Asian Development Bank warned that rising prices posed a threat to the world's poor
03 Jul 08 visit Call for Japan sovereign fund for pensions A group of ruling party politicians advising Yasuo Fukuda has called for a $93.7bn sovereign wealth fund to be set up to improve returns to the underperforming public pension fund
02 Jul 08 visit Nikkei's losing run longest in 40 years Japan's benchmark Nikkei 225 average fell for a 10th day, its longest consecutive loss since 1965, according to the indices' compiler Nikkei
01 Jul 08 visit Japan's pessimists outweigh optimists While sentiment fell across the board, the fall in the widely watched Tankan survey was not as bad as feared, showing sentiment holding up at some large manufacturers
18 Jun 08 visit Sino-Japanese sea gas dispute ends A festering territorial dispute between China and Japan has finally been resolved, ending more than 60 years of wrangling between the two Asian powers
16 Jun 08 visit Japan and China near gas fields accord Tokyo and Beijing appear close to agreement on joint development of natural gas fields in disputed waters of the East China Sea, a deal that would resolve a thorny issue
16 Jun 08 visit Taiwan sends vessels into disputed waters The action to dispatch patrol boats near the Diaoyutais islands controlled by Japan highlights Taiwan's tougher stance on its closest unofficial ally in Asia
16 Jun 08 visit Ship spat strains Taiwan-Japan relations The sinking of a leisure fishing boat close to a set of disputed islands has led to Taiwan recalling its Foreighn Ministry representative from Tokyo
15 Jun 08 visit G8 warns on rising inflation threat Hank Paulson, the US Treasury secretary, talked up the dollar in Osaka as the group of eight finance ministers warned of the increasing threat inflation posed to their economies
14 Jun 08 visit G8 sees commodity prices as a 'challenge' Finance ministers from the world's richest nations focused on oil markets and a weak dollar as part of plans to tackle global inflation and slowing economic growth at their talks in Japan
13 Jun 08 visit G8 urged to fund global warming fight Japan, the US and Britain launch a drive on the eve of a meeting in Osaka to encourage rich countries to help developing nations with the costs of tackling climate change
12 Jun 08 visit TSE chief fears asset sell-off Japan will be forced to sell its assets cheaply to emerging economies such as China and India unless Japanese corporations raise their capital efficiency and enterprise value, warned Atsushi Saito, head of the Tokyo Stock Exchange
11 Jun 08 visit Japan's Daiichi pays $4.6bn for Ranbaxy The takeover follows a string of overseas acquisitions by Japanese drugmakers and could permanently alter India's generic pharmaceuticals industry, which is struggling to maintain its rapid growth
10 Jun 08 visit Seoul, Tokyo in vanguard of cartel battle Crackdown on anti-competitive business practices has reached a high worldwide, and countries without a long antitrust tradition are some of the most vigilant enforcers
09 Jun 08 visit Japan announces plan to cut emissions Despite pressure to set earlier targets, Prime Minister Yasuo Fukuda unveiled a new climate change policy that set a goal of cutting greenhouse gas emissions by 2050
08 Jun 08 visit Seven killed in Tokyo rampage A man who said he was tired of life has gone on a stabbing rampage in a popular Tokyo shopping district, killing seven people, according to Japanese media
05 Jun 08 visit Softbank signs iPhone deal with Apple Shares in Japan's third largest mobile phone provider rose on news that it was selected ahead of its larger rival NTT DoCoMo to sell the iPhone later this year
04 Jun 08 visit China to host Japanese warship China has announced plans for the first port visit by a Japanese warship since the departure of Tokyo's defeated imperial forces in 1945

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