Tokyo, May 23 (IANS/EFE) Japan's central bank said Wednesday that it will continue pursuing its current stimulus program and that the country's economy "has begun to recover" thanks to a reversal in the decline of exports, which account for 40 percent of Japanese GDP.
Weaker yen fuels economic optimism in Japan
Tokyo, May 21 (IANS/EFE) The Japanese government Monday revised upward its evaluation of the economy given the weakness of the yen, which is helping to push exports and encouraging companies to increase production. In its economic report for May, the cabinet raised its evaluation of three of the 14 categories it analyzes: exports, industrial production and profits.
Japan clarifies report on North Korean missile launches
Tokyo, May 19 (IANS) While confirming North Korea's missile launches Saturday, the Japanese government clarified none of the missiles landed in its territorial waters, Xinhua reported.
India, Japan to strengthen investment, trade ties
Tokyo, May 17 (IANS) India and Japan Friday agreed to further strengthen investment and trade ties by ensuring faster implementation of ongoing projects. Both the countries have agreed to support planned initiatives and projects in this year designed for strengthening business partnership to be organized by Japan External Trade Organization (JETRO) and New Energy and Industrial Technology Development Organization (NEDO), a joint statement by Indian Commerce and Industry Minister Anand Sharma and Japan's Economy, Trade and Industry Minister Toshimitsu said here Friday.
Employment rate of Japanese college graduates rise
Tokyo, May 17 (IANS) The employment rate for those who graduated from colleges in Japan in March rose for the second straight year to 93.9 percent as of April 1, up 0.3 percentage points from a year earlier, according to government data released Friday. But the rate is still 3 points below its peak in 2008, and around 24,000 graduates are believed to be jobless, reported Xinhua. The employment figures exclude those who went to graduate schools or stayed on in college for another year because they could not find jobs.
Stimulus boosts Japan growth
Tokyo, May 17 (IANS/EFE) Japan grew at a 3.5 percent clip in the first quarter relative to the same period last year, as Prime Minister Shinzo Abe's ambitious program to combat deflation and revitalize the world's third-biggest economy began to yield results. Driven by private consumption, public investment and exports, Japan's economy expanded 0.9 percent compared to the fourth quarter of 2012, marking the second consecutive quarter of growth
McLaren confirm Honda as engine suppliers from 2015
Tokyo, May 16 (IANS) Formula 1 team McLaren confirmed Thursday that they will form a new multi-year technology partnership and use Honda engines from the 2015 season. The McLarens will race using Honda engines and energy recovery systems, renewing an association that became one of the most successful and powerful in Formula 1 history during the 1980s-90s
Japan, India to go ahead with n-talks
Tokyo, May 5 (IANS/RIA Novosti) Japan and India will continue talks on a bilateral agreement for civilian nuclear energy cooperation, Japanese finance ministry officials said. Japan's Kyodo news agency reported that Japanese Deputy Prime Minister Taro Aso and Indian Prime Minister Manmohan Singh agreed during a meeting that the issue was critical for both countries even though the nuclear energy talks between the two countries stalled following Japan's nuclear crisis caused by the March 2011 earthquake and tsunami. Aso, who doubles as finance minister, is visiting India to attend the Asian Development Bank's annual meeting
Japan launches energy conservation campaign
Tokyo, May 2 (IANS/EFE) Japan launched a campaign Wednesday to reduce energy consumption during the summer, but the government did not impose rationing for the first time since the accident at the Fukushima nuclear power plant two years ago.
Japanese firm to build auto parts plant in Mexico
Tokyo, May 1 (IANS/EFE) Furukawa Electric plans to break ground next month on a new auto parts plant in Mexico to supply Japanese automakers operating in that country, the Japanese media reported. Furukawa, which supplies products to the automotive, construction, electronics, energy, materials and telecom industries, expects the $12.2 million plant to be finished in January 2014, the Nikkei business daily said
