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Business

Japan data shows more economic gloom

TOKYO: Japanese factories slowed in November, spelling out the daunting task that lies ahead for a new conservative government in reviving the world's third-largest economy.

Business

Japan's incoming PM keeps up pressure on BOJ to attack deflation

TOKYO: Incoming Japanese Prime Minister Shinzo Abe kept up his calls on Tuesday for the Bank of Japan to drastically ease monetary policy by setting an inflation target of 2 percent, and repeated that he wants to tame the strong yen to help revive the economy.

Business

Japan approves US$10.7bil stimulus package

TOKYO: Tokyo has approved US$10.7bil in fresh spending to help boost Japans limp economy, just weeks before an election the ruling party is expected to lose.

Business

Japan approves US$10.7bil stimulus package

TOKYO: The cabinet of Japanese Prime Minister Yoshihiko Noda on Friday approved a US$10.7 billion economic stimulus package, reports said, ahead of elections that his ruling party is widely expected to lose.

Business

Honda chief eyes more exports from US

NEW YORK: Honda chief executive Takanobu Ito wants to boost the Japanese carmaker's exports from the United States to counterbalance the effects of the strong yen, he said in an interview published Monday.

Business

Japan's economy shrinks in post-disaster stall

TOKYO: Japan's economy contracted between July and September, official data showed Monday, reversing two previous quarters of growth and underscoring fears that its post-disaster recovery has stalled.

Business

JAL raises earnings forecast but China spat weighs

TOKYO: Japan Airlines (JAL) raised its full-year profit forecast to US$1.74bil as the carrier, which only exited bankruptcy last year, released its first results since re-listing on the Tokyo stock market.

Business

Japan’s electronics sector warns of dire outlook

TOKYO: Warnings from Panasonic and Sharp that they will post a combined annual loss of more than US$15bil has reignited fears about the increasingly dire outlook for Japans once-mighty electronics giants.

Business

Analysis: Oh, what a sinking feeling: Toyota misfires with Chinese buyers

BEIJING: The roots of Toyota Motor Corp's China troubles run far deeper than the anti-Japan protests that have swept the country, stretching back to the 2008 launch of the Yaris subcompact -- a spectacular flop with price-conscious Chinese buyers.

Business

Rebuilding Christchurch

Christchurch, New Zealands second city, is in rebuild mode after devastating earthquakes in September 2010 and February 2011.