Archive for April, 2008
April 30 (Bloomberg) — Japan’s bonds rose, driving the biggest drop in five-year yields in eight months, as a larger- than-expected decline in factory production tempered speculation the Bank of Japan will raise interest rates this year.
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Japan’s ruling coalition on Wednesday rammed through bills to reimpose an unpopular petrol tax, ignoring an opposition boycott, as drivers queued at the pumps for last-minute buying.
After minting 4.8 million commemorative coins, Japan said Wednesday it must change the design due to copyright infringement.
After minting 4.8 million commemorative coins to mark a centenary of ties with Brazil, Japan has been forced to change the design due to an infringement of copyright, the finance ministry has said.
The US Navy will conduct background checks on its 20,000 sailors and civilians in Japan after a series of crimes including the murder of a taxi driver, a local city office said Wednesday.
Japan mourns death of rare giant panda (CNN.com)
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TOKYO, Japan (AP) — Japan’s oldest giant panda, Ling Ling, a longtime star at Tokyo’s largest zoo and a symbol of friendship with China, died Wednesday of heart failure, zookeepers said.
Japan holds the line on interest rates (CNN Money)
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Despite concerns about a global slowdown, the Bank of Japan board unanimously decides to keep the key rate unchanged at 0.5%.
Japan’s oldest giant panda dies (AP via Yahoo! News)
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Japan’s oldest giant panda, Ling Ling, a longtime star at Tokyo’s largest zoo and a symbol of friendship with China, died Wednesday of heart failure, zoo keepers said.
Japan said Wednesday factory output fell at the fastest pace in five years in March, as the central bank cut its economic growth outlook and shifted to a less hawkish stance on interest rates.
A slump in U.S. demand and soaring oil and food prices appear to be dragging on Japan’s economy as numbers released Wednesday showed a drop in both industrial output and household spending in March.