Japan

Japan can collaborate in India’s capital intensive markets: Kondo

JapanNew Delhi, Mar. 17 : Japanese companies should look at more trade opportunities in India and its tertiary industries as India has opened up sectors like finance, retail and applied research industries , said Dr. Masanori Kondo, Senior Associate Professor of Economics, International Christian University, Tokyo. He was addressing a seminar on “Japanese Business in India: Strengthening Ties”; organised here today by the Confederation of Indian Industry (CII).

As Japan is seen making gains only in capital intensive markets in India , this is an opportune time for Japanese companies to improve their business image in India, he said .

Bank of Japan to buy subordinated loans to improve banks' capital

Bank of Japan to buy subordinated loans to improve banks' capital Tokyo - Japan's central bank on Tuesday announced it would purchase subordinated loans worth 1 trillion yen (10 billion dollars) issued by commercial banks to help improve their capital ratios, so that they can lend more money to businesses.

The Bank of Japan (BoJ) decided on the move at a policy board meeting Tuesday as funding conditions tighten in the money market before the current fiscal year ends on March 31.

German designer Sander signs deal with Japan's Uniqlo clothing

German designer Sander signs deal with Japan's Uniqlo clothingTokyo - German designer Jil Sander signed a consulting agreement with Japan's casual fashion firm Fast Retailing Co Tuesday in Tokyo.

Fast Retailing declined to disclose details of the contract, but Sander was expected to work through JS Consulting Co exclusively with the Uniqlo brand and oversee its designs for all products of men's and women's clothes.

Tokyo stocks extend gains on optimism over stimulus measures

Tokyo stocks extend gains on optimism over stimulus measures Tokyo  - Tokyo stocks on Tuesday extended their winning streak into a third day on optimism that government stimulus measures and central bank policies would pump life into the world's second-largest economy.

The benchmark Nikkei 225 Stock Average jumped 114.67 points, or 1.49 per cent, to 7,818.82.

The broader Topix index of all first-section issues was also up 10.9 points, or 1.47 per cent, at 752.59.

Tokyo stocks rise on hopes of global economic recovery

Tokyo stocks rise on hopes of global economic recovery Tokyo  - The Tokyo market ended Monday morning trading higher after the Group of 20 finance ministers and central bankers met over the weekend.

The Tokyo players bought a wide range of issues after the financial leaders of the world's largest economies vowed to combat the global recession and revive the international economy.

The benchmark Nikkei 225 Stock Average climbed 184.83 points, or 2.44 per cent, to 7,754.11.

The broader Topix index of all first-section issues was also up 21.48 points, or 2.97 per cent, at 745.78.

Japan to implement bigger economic stimulus measures

Japan to implement bigger economic stimulus measures Tokyo - Japan announced on Friday it was drafting a new 100-trillion-yen (1.03-trillion-dollar) economic stimulus package, news reports said.

Finance Minister Kaoru Yosano said the details of the package would be made public by the beginning of April.

Prime Minister Taro Aso will present the plan at a meeting of G20 leaders in London on April 2, Yosano said.

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