Firms expect CPI to rise 0.8% in one year

July 4, 2017

Tokyo- Companies in Japan expect on average the country’s consumer price index will grow 0.8 percent on a year-on-year basis in a year, the Bank of Japan said in a survey report Tuesday. The projection is more bullish than the

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Suga defends Abe’s remark

July 4, 2017

Tokyo- Japanese Chief Cabinet Secretary Yoshihide Suga on Monday defended Prime Minister Shinzo Abe’s description of yelling protesters as “that kind of people” in his street speech on Saturday during his Liberal Democratic Party’s campaign for Sunday’s Tokyo metropolitan assembly election. “We can’t lose to that

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Abe says broad EPA accord with EU “extremely important”

July 4, 2017

Tokyo- Prime Minister Shinzo Abe on Tuesday termed an envisioned broad accord on a bilateral economic partnership agreement between Japan and the European Union as “extremely important.” “It’s extremely important to realize a broad EPA accord early and raise the

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Koike camp wins landslide in Tokyo election, trounces LDP

July 3, 2017

Tokyo- Tomin First no Kai (Tokyoites first group), a regional party led by Tokyo Governor Yuriko Koike, and forces supporting Koike won a landslide victory in a metropolitan assembly election held on Sunday, forcing Prime Minister Shinzo Abe’s Liberal Democratic Party

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Prolonged talks may force Sharp to quit Toshiba memory race

July 3, 2017

OSAKA- Japan’s Sharp Corp.  which is rebuilding its operations under Taiwan’s Hon Hai Precision Industry Co., may withdraw its bid for Toshiba Corp.’s  flash memory unit if takeover negotiations are prolonged, a senior Sharp official said Monday. “Technology-related opportunities will

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Shogi star Fujii defeated after 29 straight wins

July 3, 2017

Tokyo- Japanese teenage shogi sensation Sota Fujii suffered the first loss in his professional career on Sunday, snapping his record-breaking unbeaten streak at 29 games. Fujii, 14, the nation’s youngest professional shogi player who holds the rank of fourth dan, was

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Consumer sentiment worsened in June

July 3, 2017

Tokyo- Consumer sentiment in Japan deteriorated in June for the first time in two months, a government survey report showed Monday. The consumer confidence index, gauging households’ outlook on living conditions over the next six months, fell 0.3 point from the

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LDP’s crushing defeat in Tokyo adds political uncertainty

July 3, 2017

Tokyo- The historic defeat suffered by Japanese Prime Minister Shinzo Abe’s Liberal Democratic Party in Sunday’s Tokyo metropolitan assembly election casts uncertainty over his handling of the government and the course of national politics. While Abe is expected to try to turn

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