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Major firms including automakers Nissan and Toyota, beverage giant Suntory and brokerage Nomura are taking part in the government-backed initiative. (Photo: AFP)

Japan clocks out early for 'Premium Friday'

The new work-life balance scheme, launched this week, calls on employers to let staff off around 3:00 pm on the last Friday of every month.

24 Feb 2017 5:30 PM

Dollar was changing hands at 113.52 yen, down from 113.81 yen in New York late Monday and well below 115.06 yen late Friday.

Tokyo stocks down by break on Trump concern

Japan's benchmark Nikkei 225 index was down 1.33 per cent, or 257.94 points, at 19,110.91 yen at the break.

31 Jan 2017 9:34 AM

Central bank now expects the world's third-largest economy to expand 1.4 per cent in the year to March and 1.5 per cent over the following 12 months.

BoJ lifts growth forecasts on global outlook

Despite the more upbeat outlook, the bank kept its monetary-easing measures and inflation projections unchanged.

31 Jan 2017 9:16 AM

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

Toyota sold 10.2 million vehicles worldwide

Japanese automaker Toyota has had that auto crown for the past four years.

30 Jan 2017 11:35 AM

Japanese Sumo wrestles his way to top in 19 years

He is the first Japanese wrestler to earn the coveted rank of “grand champion” since 1998.

26 Jan 2017 5:03 AM

No country for old men: Japan's elderly inmates prefer jail

"Life is tougher on the outside," one ex-offender said. Now in her 60s, she served 15 years of a murder sentence before being released.

15 Jan 2017 1:39 PM

Japan PM urges Seoul to end statue stalemate

South Korea is expected to have a new administration following the impeachment of Park but Mr Abe demanded the accord be honoured.

09 Jan 2017 1:34 AM

MSCI's broadest index of Asia-Pacific shares outside Japan which touched a five-month low on Thursday, eased 0.1 per cent

Asian stocks markets retreat after Wall Street loss

Japan's Nikkei also lost 0.1 per cent, but is set to end the week with a small 0.1 per cent gain.

23 Dec 2016 7:59 AM

Prime Minister Shinzo Abe's cabinet approved Japan's biggest annual defence budget. (Photo: AFP)

Japan approves huge defence budget after North Korea's nuclear threat

The Cabinet approved 5.13 trillion yen ($43.6 billion) in defence spending for the fiscal year starting in April.

22 Dec 2016 2:31 PM

The euro was up 0.1 per cent at $1.0430 rebounding from $1.0352 on Tuesday, the lowest since January 2003.

Dollar loses steam ahead of holidays, US indicators

The dollar index which measures the greenback against six major rivals, last stood at 103.02.

22 Dec 2016 8:09 AM

A weaker yen is good news for Japan's exporters as it boosts their competitiveness and profitability.

Bank of Japan lifts view of economic outlook

The Bank of Japan kept its ultra-lax monetary policy and its key interest rate of negative 0.1 per cent.

20 Dec 2016 9:59 AM

The funds will finance the construction of a satellite factory in Exploration Park, Florida, to produce 15 satellites per week at a low cost.

SoftBank to invest $1 bn in OneWeb sat factory

The 2 companies announced that OneWeb had obtained pledges of $1.2 billion from SoftBank and other investors.

20 Dec 2016 9:31 AM

Japan's central bank is scheduled to wind up its two-day meeting later in the day, although no fresh stimulus measures are expected.

Tokyo stocks open lower on yen's modest gain

A stronger yen hurts the profitability of Japan's major exporters, hitting demand for their shares.

20 Dec 2016 7:57 AM

Emojis to have a brush with Pablo Picasso and Andy Warhol

Original 176 designs on exhibition at New York’s Museum of Modern Art.

17 Dec 2016 5:15 AM

Pottya, named after a slang word for chubby, is changing its image with the release of albums and live concerts.

Chubby pop stars combat obesity jokes

Heavy people are the frequent target of jokes in the media and use of the derogatory “debu,” or “fatso,” remains common.

16 Dec 2016 3:13 AM

The 76-tonne fishing boat Daifukumaru capsized in the Sea of Japan just off Shimane prefecture on the western coast early Wednesday morning, leaving one dead and eight missing. (Representational Image)

Japan finds capsized fishing boat, 8 still missing

Two coast guard divers spotted the boat some 45 metres (149 feet) below the surface near the site of the accident.

15 Dec 2016 11:43 AM

The dollar was up 0.1 per cent at 114.18 yen.

Asian shares flat but on track for weekly gains

Japan's Nikkei stock index was up 0.6 per cent, up 2.4 per cent for the week in which the dollar gained 0.6 per cent against the yen.

09 Dec 2016 7:45 AM

The market is optimistic that the ECB will extend its quantitative easing program at current levels for a further six months.

Tokyo Stocks extend gains on strong global cues

Tokyo's benchmark Nikkei 225 index rose 0.95 per cent, or 175.96 points, to 18,672.65 in the first few minutes of trade.

08 Dec 2016 7:40 AM

A small boat rescues a USS West Virginia crew member from the water after the Japanese bombing of Pearl Harbor, Hawaii, on December 7, 1941. (Photo:AP)

Time to reconcile: 2 cities overcome Pearl Harbor legacy

It took five years for Nagaoka and Honolulu to become sister cities, and even longer to build a deeper trust.

07 Dec 2016 4:25 PM

The dollar's index against a basket of six major currencies has fallen about 1.5 per cent from its 13 1/2-year peak hit on November 24.

Tokyo stocks open higher, tracking global gains

Tokyo's benchmark Nikkei 225 index rose 0.40 per cent, or 73.45 points, at 18,433.99 in the first few minutes of trade.

07 Dec 2016 7:38 AM

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Aakar Patel