Japan

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BOJ Deputy Gov Nakaso says "conquest of deflation" in sight

SHIZUOKA Japan - Bank of Japan Deputy Governor Hiroshi Nakaso said the country was eyeing an end to deflation as rising wages and inflation expectations allow companies to increase prices of their goods, signalling confidence over a sustained economic recovery.

Recent Japan News

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China food scandal spreads, drags in Starbucks, Burger King and McNuggets in Japan 22 Jul 2014

SHANGHAI - The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald's products as far away as Japan. | Video

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Japan set to miss 2021 budget-balance goal by $100 bln -draft 22 Jul 2014

TOKYO - Japan is set to miss a 2021 budget-balancing goal by more than $100 billion even with a planned tax increase, a draft government estimate showed, raising the political pressure for more tax hikes or spending cuts.

McDonald's Japan says it sourced chicken nuggets from Shanghai Husi 22 Jul 2014

TOKYO - McDonald's Holdings Co (Japan) Ltd said Shanghai Husi Food Co Ltd, which was shut down by local regulators over food safety concerns, had supplied about 20 percent of its Chicken McNuggets and that it had halted sales of the item on Monday.

Japan's public pension to get new digs, stay in Tokyo - sources 22 Jul 2014

TOKYO - Japan's public pension fund is set to move into a new office next spring but drop an earlier cost-saving plan to leave Tokyo, as the government aims to transform the understaffed body into a more professional and autonomous institution, sources said.

Japan's public pension to get new digs, stay in Tokyo -sources 22 Jul 2014

TOKYO, July 22 - Japan's public pension fund is set to move into a new office next spring but drop an earlier cost-saving plan to leave Tokyo, as the government aims to transform the understaffed body into a more professional and autonomous institution, sources said.