Japan

Japan's jobless rate up; household spending down in February

Japan's jobless rate up; household spending down in February Tokyo - Japan's jobless rate hit the worst level in more than three years, the government said Tuesday.

The unemployment rate rose 0.3 percentage point to 4.4 per cent in February from the month before, with 2.99 million people left jobless, the Ministry of Internal Affairs and Communications said in a preliminary report.

Japan's working community faces a tough time, and "the deterioration of payrolls is getting severe," the ministry said.

Tokyo stocks bounce back in early trading

Tokyo stocks bounce back in early trading Tokyo  - Tokyo stocks recovered Tuesday as buying was encouraged after the market lost more than 4 per cent the previous day.

The benchmark Nikkei 225 Stock Average inched up 72.75 points, or 0.88 per cent, to 8,308.83.

The broader Topix index of all first-section issues was also up 0.84 points, or 0.11 per cent, to 790.38.

On currency markets at 9 am (0000 GMT), the dollar traded at 97.37-42 yen, up from Monday's 5 pm quote of 96.16-19 yen.

Japan to resume development aid to Vietnam despite scandal

Japan to resume development aid to Vietnam despite scandalHanoi - Vietnamese officials said Monday that government representatives will sign an agreement tomorrow resuming aid from Japan to Vietnam.

Japan had suspended all aid to Vietnam in December due to a corruption scandal on a Japanese-funded transportation project.

Japan market down on profit-taking

Japan market down on profit-takingTokyo  - The Japanese market started the week lower Monday as investors sold shares to lock in profits from the previous week's gains.

The benchmark Nikkei 225 Stock Average dropped 151.91 points, or 1.76 per cent, to 8,475.06.

The broader Topix index of all first-section issues was also down 15.91 points, or 1.93 per cent, to 808.62.

On currency markets at 9 am (0000 GMT), the dollar traded at 98.05-10 yen, up from Friday's 5 pm quote of 97.88-91 yen.

Japan's industrial production sinks by 9.4 per cent

Japan's industrial production sinks by 9.4 per cent T

Thailand's food exports to Japan rise 30 per cent

JapanBangkok - Thailand's food exports to Japan rose 30 per cent last year, benefiting from the Japanese market's health concerns about Chinese imports, media reports said Sunday.

Thai exports to Japan in 2008 were valued at 100 billion baht (2.8 billion dollars) and could continue to rise this year if the Japanese market continued to be wary of chemical-contamination of Chinese food products, President of Thailand's National Food Institute Yuthasak Supasorn told the Thai News Agency (TNA).

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