Economy of Japan

Japanese PM Shinzo Abe keen to boost ties with Myanmar

Shinzo Abe

Shinzo Abe arrives in Myanmar today for a three-day visit intended to boost trade between the countries, the first time a Japanese leader will have visited the country in more than 35 years. With China's influence over the democratic Myanmese government slipping, Japan is hoping to develop economic and security ties.

Friday, 24 May, 2013, 4:44am 1 comment

Resort interest hot in Japan

Niseko, Japan, known as the 'Aspen of Asia', has become a highly popular skiing destination.

Blame it on the global financial crisis, or global warming: buyer interest has cooled for snow-capped alpine property. According to data from Knight Frank, prime property prices in key ski resorts worldwide have fallen 9.1 per cent since their peak in the third quarter of 2008, and only six of the 17 ski resorts monitored recorded price growth in the financial year ending in June last year.

15 May 2013 - 3:06am

Weighed down

Weighed down

Japan's economy expanded at only 0.3 per cent in the second quarter - half the forecast pace - and as Europe's debt woes cause further weakening in exports, the stage could be set for more monetary easing. Photo: Reuters

14 Aug 2012 - 7:51pm

Fears of a lull as economic growth wanes in Japan

Slowing exports could weigh down the economy further, setting the stage for more monetary easing.

Japan's economy expanded just 0.3 per cent in April-June, half the pace expected, fuelling concerns growth will continue to flag as a rebound in consumer spending starts to lose momentum and Europe's debt crisis weighs on global demand.

14 Aug 2012 - 10:12am

Mainland growth expected to regain momentum

The mainland's economic growth is expected to rebound in the second half of this year, buoyed by more rapid infrastructure investments, according to the chief economist of the Bank of Communications.

Lian Ping said gross domestic product would rise 8.1 to 8.5 per cent between July and December.

5 Jun 2012 - 12:00am

Japan staring into the abyss

Now it is at least semi-official: Japan's economy is on the skids. A report just released by a think tank that is part of the Nippon Keidanren, the country's most powerful business organisation, says that by 2050 Japan will no longer be a developed country, and predicts years of declining output from 2030 onwards.

24 Apr 2012 - 12:00am

Japan has made remarkable progress in responding to earthquake disaster

March 11 is a date now etched in Japan's collective consciousness. We will not forget the outpouring of support and expressions of solidarity that Japan received from the international community. For this I take this opportunity to reiterate Japan's heartfelt appreciation.

11 Mar 2012 - 12:00am

The Coach driver's exciting journey

For the first 45 years of its existence, handbags and accessories maker Coach only sold its products in the United States.

But the New York-listed company, which started as a small family-owned business in 1941, has since become more aggressive in expanding its international operations.

10 Mar 2012 - 12:00am

Mainland export growth slows as imports surge

Mainland export growth slowed last month to an eight-month low of 15.9 per cent, and the worst is yet to come, analysts say. In September, exports grew 17.1 per cent year on year.

11 Nov 2011 - 12:00am

Prospect of merger fails to spark surge in stocks

A possible merger between the Tokyo Stock Exchange and the Osaka Securities Exchange did little to lift Japanese stock markets amid euro-zone gloom yesterday.

The privately held Tokyo exchange confirmed plans to acquire up to 66 per cent of the Osaka exchange, which has a market capitalisation of 105.7 billion yen (HK$10.52 billion), according to Nikkei.

8 Nov 2011 - 12:00am

Zhongsheng shares fall on earnings

Shares in mainland car dealer Zhongsheng Group slumped almost six per cent yesterday after it reported first-half earnings that lagged analysts' estimates.

17 Aug 2011 - 12:00am

Japan accelerates expansion in China

A strengthening yen and a shrinking population is driving Japanese companies to accelerate their expansion into the China market.

15 Aug 2011 - 12:00am

Whale crusader's shark fin swoop

A Hong Kong man involved in an operation that helped to stop a Japanese whaling mission in the seas off Antarctica early this year is planning another coup - to halt the killing of sharks by educating the next generation.

31 Jul 2011 - 12:00am

Golden opportunities

As the region enjoys a geographically patchy but encouraging recovery from the global financial crisis, hiring trends for fixed income, currency and commodities (FICC) departments across the Asia-Pacific region are on the rise.

The sector is showing stability that supports other banking and financial services, according to sources.

28 May 2011 - 12:00am

Mainland imports expected to top exports amid uncertainties

China's foreign trade growth is expected to decline slightly this year, with imports likely to exceed exports, leading to a further improvement in its trade balance, the commerce ministry says.

23 Apr 2011 - 12:00am