Fitch Ratings downgraded Japan's credit rating by one notch after the government failed to take steps in this fiscal year's budget to offset a delay in a sales tax increase, the agency said on Monday.
Japan
Sharp plans to use capital to wipe out past losses: source
Japan's Sharp Corp (6753.T) is considering using capital to reduce accumulated losses on its book, an accounting maneuver that would allow the loss-making electronics maker to resume dividend payment earlier, a source said on Saturday.
Japan to increase investment in Asian infrastructure
Japanese Finance Minister Taro Aso said on Sunday his country's government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank (ADB), according to Kyodo News.
Japanese government wants nuclear to be 20-22 pct of power mix
Japan should aim to make nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy making up slightly more, the industry ministry said on Tuesday.
Tokyo Electron shares sink after takeover by Applied Materials scrapped
Tokyo Electron Ltd (8035.T) shares plunged 15 percent on Tuesday to a six-month low after U.S. regulatory opposition forced the scrapping of its planned takeover by U.S.-based Applied Materials Inc (AMAT.O).
Latest News
Canon Inc (7751.T) said on Friday it owned 84 percent of the shares in Swedish video-surveillance firm Axis AB (AXIS.ST), and said it was extending the period for other shareholders to accept but would not raise its offer price of 340 Swedish crowns per share.
Japanese consumer electronics firm Sony Corp (6758.T) has raised its operating profit estimate for fiscal 2015 to 300 billion yen ($2.52 billion), or four times its previous estimate, the Nikkei reported on Saturday.
Japan's consumer inflation was expected to edge up slightly in March as oil prices stabilized and consumer goods prices stayed steady, calling the Bank of Japan's bullish forecasts into question.
Japanese manufacturing activity contracted in April for the first time in almost a year as domestic orders and output fell, which could fuel concerns that the country's modest economic recovery is losing momentum.
Negotiators for the Trans-Pacific Partnership have agreed trade rules for six broad categories as officials race to conclude a trade pact, a Japanese government source said on Thursday.
Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its struggling mobile operations.
Japan's biggest airline, ANA Holdings Inc (9202.T), will buy a stake of less than 20 percent in Skymark Airlines Inc (SKALF.PK) as part of a rescue plan for the bankrupt domestic budget carrier, people familiar with the matter told Reuters.
Japanese and U.S. ministers said that bilateral trade negotiations got off to a good start on Sunday and the two nations would continue to discuss remaining issues, such as farm and auto trade, on Monday.
Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said.
