Japan planned to limit spending excluding payment of debts for the next two fiscal years. (Photo : Reuters)The image shows a man passing by the electronic board that displays Nikkei shares closing prices.

According to the Nikkei newspaper, Mitsubishi UFG Financial Group of Japan paid US$4.1 billion for the acquisition of Thailand's fifth largest lender, the Bank of Ayudhya.

Prime Minister Shinzo Abe announced cutting down Japan's pension fund and focusing into stocks, away from government bonds.

Ascendas Hospitality Trust is looking at investments in Japan according to its CEO, Tan Juay Hiang. (Photo : Reuters)This image shows a hotel in Japan.

Kawasaki Heavy Industries fired its company's president Satoshi Hasegawa and announced ended talks for merger with Mitsui Engineering & Shipbuilding Co.

Gemalto was chosen by SoftBank Mobile for the commercial launch of mobile NFC services in Japan. (Photo : Reuters)The image is the Softbank corporate logo on the frontage of its company headquarters.

SoftBank Corp. drove the growth of stocks in Asia led by Japan's gradual rise. (Photo : Reuters )Asian stocks declined and the euro plummeted to a three-week low against the dollar as fears of renewed recession in the United States forced investors to sell riskier assets.

Japan's public pension would undergo changes as the government seeks to buy more equities. Japan's public pension fund stated that it will reduce its holding of local bonds and buy more shares.

Capital spending for Japan slides off to a 5.2% rate in this year's first quarter making Abe face challenges of restoring pledged private investment.

Japanese firm Mitsubishi plans to buy a majority stake from the Brazilian grain company, Los Grobo Ceagro.