Greater Easing Effects May Amplify Economic Swings: BOJ Sakurai
May 25, 2018
Maebashi, Gunma Pref.- Bank of Japan policymaker Makoto Sakurai on Thursday underscored the need to be aware of the risk of greater monetary-easing effects leading to wilder economic fluctuations. With the BOJ easing policy increasingly stimulating demand, “a prolonged large
Nippon Life to Launch New Firm for Low-Priced Products
May 25, 2018
Tokyo- Nippon Life Insurance Co. said Thursday that it will launch a new company to provide low-priced insurance policies for sale at shops of independent sales agents. Such outlets handle products offered by multiple insurers. They enjoy rapid growth in
INTERVIEW: Daiwa Securities to Shoulder Employees’ Student Loans
May 25, 2018
Tokyo- Japan’s Daiwa Securities Group Inc. will set up a system to temporarily shoulder student loans that its employees took out when in school, President Seiji Nakata has said. Under the system, the firm’s mutual aid society will lend money
Toyota to Beef Up Fuel Cell Production
May 24, 2018
Nagoya- Toyota Motor Corp. said Thursday that it will beef up its annual production capacity for fuel cell stacks to at least 30,000 units from the current 3,000 units. The automaker will enhance its supply capacity for the stacks, a
Tokyo Stocks Tumble Further on Stronger Yen
May 24, 2018
Tokyo- Stocks continued to tumble on the Tokyo Stock Exchange Thursday, battered by the yen’s further strengthening against the dollar. The benchmark 225-issue Nikkei average plunged 252.73 points, or 1.11 pct, to close at 22,437.01, the lowest level since May
Sony to Expand Autonomous Driving-Related Biz
May 24, 2018
Tokyo- Sony Corp. plans to strengthen operations related to autonomous vehicle driving, President and Chief Executive Officer Kenichiro Yoshida said Wednesday. In its medium-term business plan released on Tuesday, the Japanese electronics company said it aims to become the world’s
Japan Average Pump Price Highest in Over 3 Years
May 24, 2018
Tokyo- The average retail price of regular gasoline in Japan has hit the highest level in three years and five months, the Agency for Natural Resources and Energy said Wednesday. The average price as of Monday rose 2.0 yen from
Creditors OK Takata Rehabilitation Plan
May 24, 2018
Tokyo, May 23 (Jiji Press)–Creditors of Takata Corp. approved on Wednesday a rehabilitation plan for the Japanese auto parts supplier, which went under due to massive recalls of vehicles equipped with its fatally defective air bag system. The plan chiefly
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