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ECONOMY

DAILY REPORTS
Mar 19
The Organization for Economic Cooperation and Development said Wednesday it has raised its estimate for Japan's real economic growth in 2015 to 1.0 pct from the previous projection of 0.8 pct. (Jiji Press)
Mar 18
Land prices in Japan's three largest metropolitan areas gained for a second consecutive year as interest rates at record lows boosted housing demand and property investments. (Bloomberg)
Mar 18
The Nikkei index rose to a fresh 15-year high Wednesday as wage hikes at large firms fueled optimism about the Japanese economy, while investors also waited for a U.S. Federal Reserve policy meeting for clues as to when the Fed will raise interest rates. (Kyodo)
Mar 18
Bank of Japan Governor Haruhiko Kuroda said Tuesday the possibly cannot be ruled out that prices in Japan will drop slightly due to cheaper oil. (Jiji Press)
Mar 17
Tokyo shares ended higher with its benchmark Nikkei stocks index closing at its highest level in nearly 15 years Tuesday amid ongoing talks for wage hikes at major companies. (Global Post)
Mar 17
Chief negotiators from Japan, the United States and 10 other countries in Trans-Pacific Partnership multilateral free trade talks failed to iron out differences in their one-week meeting that ended Sunday. (The Japan News)
Mar 17
Prime Minister Shinzo Abe has admitted that the pace of wage increases has not yet caught up with that of price hikes. (NHK)
Mar 13
The House of Representatives, the lower chamber of the Diet, Japan's parliament, passed a record 96,342.0-billion-yen general-account budget for fiscal 2015 at a plenary meeting on Friday. (Jiji Press)
Mar 13
Japanese stocks extended their advance on Friday, closing above the 19,000 mark for the first time in 15 years. (customstoday)
Mar 12
The benchmark Nikkei index temporarily topped the 19,000-yen mark on Thursday. That's its highest level in nearly 15 years. (NHK)
Mar 11
Japan's seasonally adjusted core machinery orders in January fell 1.7 pct from the previous month, the Cabinet Office said Wednesday. (Jiji Press)
Mar 11
Tokyo stocks cast off early losses to close 0.31 percent higher on Wednesday, as a weaker yen overshadowed a sharp fall on Wall Street. (Global Post)
Mar 11
The yen is once again in a decline, hitting the 122-to-the-dollar range Tuesday for the first time in more than seven and a half years as the U.S. economic recovery fuels expectations of an early interest rate hike there. (Nikkei)
Mar 10
Tokyo stocks closed 0.67 percent lower on Tuesday, giving up early gains that were driven by the yen tumbling to near eight-year lows against the dollar. (Global Post)
Mar 09
Japan's economy grew less than previously thought in the fourth quarter of 2014 but still crawled out of recession, revised figures showed on Monday. (cnbc.com)
Mar 09
Japanese stocks fell after U.S. jobs data spurred speculation of an earlier interest-rate increase in the world's largest economy, while a report showed Japan's exit from a recession was weaker than previously reported. (customstoday.com.pk)
Mar 07
Japanese Prime Minister Shinzo Abe and his Laotian counterpart, Thongsing Thammavong, agreed on Friday to promote their countries' economic cooperation, including Japan's assistance for infrastructure development in Laos. (Jiji Press)
Mar 06
Tokyo stocks rose 1.17 percent on Friday as investor sentiment was lifted by overnight gains on Wall Street and the European Central Bank's announcement that it will begin buying bonds under quantitative easing on Monday. (shanghaidaily.com)
Mar 05
Tokyo stocks ended 0.26 percent higher Thursday as investors awaited an upcoming policy meeting of the European Central Bank and a report on the U.S. labor market. (Xinhua)
Mar 05
The government will establish a public-private council by the end of March to help struggling gas stations operating in thinly populated areas. (The Japan News)
Mar 04
Japan's Nikkei share average dropped to a one-week low on Wednesday as an overnight fall in US shares triggered profit-taking after the index scaled a 15-year peak earlier in the week. (thehindubusinessline.com)
Mar 03
Tokyo stocks closed flat Tuesday on profit-taking after several days of gains, while Sharp tumbled on a report that said the struggling electronics maker is seeking aid from its key lenders and may close some money-losing units. (Global Post)
Mar 03
Japanese corporate capital expenditures grew in October-December from a year earlier but the pace slowed from the prior quarter, casting doubt about strength of business investment seen as key to spurring growth in the world's third-largest economy. (Reuters)
Mar 02
Japanese stocks rose as the yen fell for a third day and investors weighed an interest-rate cut by China amid signs the world's second-biggest economy is weakening. (customstoday)
Feb 28
Recovering demand in the U.S. and other foreign markets is driving up Japan's output, especially as the weak yen finally starts to benefit businesses here by bolstering profits on exports. (Nikkei)
Feb 28
Bank of Japan Governor Haruhiko Kuroda says expected wage hikes are weakening the country's deflationary mindset despite falling oil prices. (NHK)
Feb 27
Japan's Nikkei share average hit a fresh 15-year high on Friday on upbeat Japanese industrial output data, while the market awaited an announcement from the country's biggest pension fund on its latest asset allocations. (thehindubusinessline.com)
Feb 27
Officials at Japan's Internal Affairs Ministry say consumer prices rose for the 20th straight month in January. But the pace of increase is slowing down. (NHK)
Feb 26
Japan Inc is under pressure to boost pay to keep a fragile economic recovery afloat, but even hefty wages increases from the biggest companies may prove to be a hollow victory for Prime Minister Shinzo Abe and the bulk of the country's workers. (Reuters)
Feb 26
Japan's benchmark Nikkei index hit a fresh 15-year high on Thursday, leading most Asian shares higher as oil prices rebounded and boosted shares of energy firms. (BBC)
Feb 25
Stress tests by Japanese financial regulators have found that many of the country's regional banks are unprepared for a possible spike in bond yields, sources familiar with the findings said on Wednesday. (Reuters)
Feb 25
Officials at the Tokyo Stock Exchange are setting up a market for infrastructure funds. Such markets are already in operation in the US, Australia and other countries. (NHK)
Feb 25
okyo stocks lost early gains to finish 0.10% lower on Wednesday, as investors locked in profits after a five-day winning streak. (themalaysianinsider.com)
Feb 24
Japan's Nikkei share index hit yet another 15-year high on Tuesday after rising for the fifth day in a row. (BBC)
Feb 24
Japan's inward foreign direct investment (FDI) is extremely low compared with that of other developed countries and even its Asian neighbours. (East Asia Forum)
Feb 24
"The entire nation seems excited about Abenomics," says Toshi Koizumi, the president of the Shin Futtsu Fishery Association, "but [an] industry like ours is not feeling the benefit at all." (BBC)
Feb 23
Tokyo stocks rose 0.73 per cent on Monday, hitting a fresh 15-year high on news eurozone ministers tentatively agreed to extend Greece's bailout by four months, giving it some crucial breathing room. (AsiaOne)
Feb 23
The recovery in Japan's economy has yet to reach the public, according to Nikkei Inc.'s latest opinion poll, with 81% of respondents saying they have not sensed any tangible improvement. (Nikkei)
Feb 21
Japan's national mint has begun making commemorative coins to help finance reconstruction projects in areas hit by the massive earthquake and tsunami in March 2011. (NHK)
Feb 21
The Sankei Shimbun, a Japanese daily, has a reputation for illiberal commentary. Last week it outdid itself by running a column that lauded the segregation of races in apartheid-era South Africa-and urged Japan to do the same. (The Economist)
Feb 21
Japan's economy is hobbling out of a recession, inflation is a quarter of the central bank's target and wages adjusted for price changes fell last year. And yet sales of luxury goods are growing and the stock market hita 15- year high. (businessoffashion.com)
Feb 20
Japanese stocks rose to a fresh 15-year high on Friday, continuing a trend that analysts said could signal that the world's third largest economy is reaching escape velocity from deflation despite the fact that the Bank of Japan is having increasing difficulty in reaching its official inflation target. (businesstimes.com.sg)
Feb 19
Japanese stocks rose to a 15-year high on Thursday, helped by gains in financial stocks, while Sony Corp jumped on a well-received business plan. (Reuters)
Feb 19
Japan posted a customs-cleared trade deficit of 1,177.5 billion yen in January, compared with the year-before deficit of 2,795 billion yen, the Ministry of Finance said Thursday. (Jiji Press)
Feb 18
Japan's Nikkei share average closed at a fresh eight-year high on Wednesday after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while investors digested the Bank of Japan's decision to keep policy unchanged. (Reuters)
Feb 18
The Bank of Japan has held off launching fresh stimulus, even as weak growth figures earlier this week aggravate concerns about the strength of a recovery in the world's number three economy. (theaustralian.com.au)
Feb 17
Japan's Nikkei share average fell on Tuesday, retreating from a near eight-year high after talks between Greece and euro zone finance ministers on a new debt deal collapsed. (Reuters)
Feb 16
The Nikkei Stock Average ended at a more than seven-year high Monday after data showed the Japanese economy rebounded from recession in the last quarter of 2014. (Kyodo)
Feb 16
Japan's economy rebounded from recession to grow an annualized 2.2 percent in the final quarter of last year, giving a much-needed boost to premier Shinzo Abe's efforts to shake off decades of stagnation even as the global outlook deteriorates. (Reuters)
Feb 16
Japan's economy likely rebounded from recession in the final quarter of last year, data on Monday is set to show, giving a much needed boost to premier Shinzo Abe's efforts to steer the country out of decades of stagnation. (Reuters)
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