Japan

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Australian minister apologises for submarine firm canoe remark

SYDNEY - Australia's defence minister on Wednesday apologised after saying he would not trust the government-owned submarine firm "to build a canoe", comments that fuelled expectations that most work in a A$40 billion (21.6 billion pounds) programme will go offshore.

Recent Japan News

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Sony does not plan to renew FIFA sponsorship contract - sources 25 Nov 2014

TOKYO - Sony Corp does not plan to renew its sponsorship contract with FIFA, the governing body for world soccer, as the Japanese electronics maker needs to prioritise its restructuring efforts, people familiar with the matter told Reuters.

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Bank of Japan's Kuroda resolute in fight against deflation, says ready to ease more 25 Nov 2014

NAGOYA/TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.

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OECD sees gradual world recovery, urges ECB to do more 25 Nov 2014

PARIS - The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday.

OECD sees gradual world recovery, urges ECB to do more 25 Nov 2014

PARIS - The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, the OECD said on Tuesday.

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BOJ Kuroda resolute in fight against deflation, says ready to ease more 25 Nov 2014

NAGOYA/TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.