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Tag Archives: Japan

Japan machinery orders points to spending slowdown

Japan’s core machinery orders rose more than expected in March but companies expect orders to decline in the current quarter as firms become increasingly cautious due to a rising yen and weakness in overseas economies. The 5.5 percent rise in core orders was more than the median estimate for a …

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Japan leads Asia to modest gains; dollar steady

Buoyant Japanese stocks led Asian stocks to modest gains on Monday, helping to offset some of the gloom from soft Chinese data, while the dollar firmed against the euro and yen after receiving a boost from upbeat U.S. indicators. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.3 …

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Asia shares slip, yen weak on stimulus expectations

Asian shares got off on the back foot on Friday, while the yen nursed losses as traders wagered the Bank of Japan will add to its massive stimulus before too long. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3 percent in early trade, on track for a …

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Japan’s corpse hotels upset some of the neighbors

Tucked away in a quiet residential street in Kawasaki city in Japan is a refurbished workshop with a plain silver exterior and black draped windows that residents describe as creepy. The business inside, Sousou, is one of Japan’s latest so-called corpse hotels, a camouflaged morgue used to store some of …

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Japan quakes disrupt Sony production of image sensors used in Apple iPhones

Electronics giant Sony Corp said a factory producing image sensors for smartphone makers will remain closed while it assesses the damage from two deadly earthquakes which hit southern Japan. One of its major customers is Apple, which uses the sensors in its iPhones. Sony said it will extend the closure …

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Second deadly quake hits southern Japan, rescuers race against time

A powerful 7.3 magnitude earthquake struck southern Japan early on Saturday, killing at least 16 people, injuring hundreds more and trapping people in collapsed buildings, barely a day after a quake killed nine people in the same region. Rescuers dug through the rubble of collapsed buildings and mud and debris …

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Asian shares at four-month highs

Asian stocks rose to their highest levels in more than four months on Thursday and regional currencies weakened led by the Singapore dollar as hopes grew that more central banks will join the city state in easing monetary policy in the comiing months. MSCI’s broadest index of Asia-Pacific shares outside …

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Japan leads Asia stocks higher, oil buoyant as dollar sags

Asian stocks rose on Tuesday, led by a rebound in Japanese stocks, while commodities such as crude oil stood tall thanks to a sagging dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4 percent. Japan’s Nikkei .N225, which fell to two-months lows on Friday, pared earlier losses and …

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A pint or a prayer? Monks in Japan put Buddhism on the menu

The hum of conversation and the clinking of spoons and coffee cups fills the wood-panelled cafe in a fashionable Tokyo neighborhood as more than a dozen customers sip drinks and nibble desserts. At first glance, the cafe, that also serves alcohol, looks like any other except for an altar next …

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