Japan
Emerging market rout may give BOJ less time than it wants
TOKYO - A sharp selloff in emerging markets is playing into the hands of those in the Bank of Japan who fret a pick up in exports is already lackluster and so may need extra monetary stimulus sooner than later.
Recent Japan News
Roche profits rise, payout level prompts M&A questions
BASEL - Roche offered shareholders a lower-than-expected dividend payout after reporting an 18 percent rise in full-year net profit, potentially a sign the Swiss pharmaceuticals group might be keeping its cash for deals.
Mitsubishi Corp in final talks to buy Tokyo Ralph Lauren building for $342 million: sources
TOKYO - Japan's Mitsubishi Corp is in final talks to buy the building rented by luxury retailer Ralph Lauren Corp for its flagship store in Tokyo's posh Omotesando area for about 35 billion yen ($342 million), three people with knowledge of the deal said.
Canon appoints first outside directors after years of resistance
TOKYO - Canon Inc has appointed its first outside directors, ending years of high-profile resistance to opening up its boardroom as pressure mounts on Japan's big companies to improve governance and better manage risks.
Japan PM Abe voices hope BOJ will sustain bold stimulus
TOKYO - Japanese Prime Minister Shinzo Abe expressed hope on Wednesday that the central bank will maintain its bold monetary stimulus to revive the economy and end deflation.
South Korea approves $7 billion reactor plans in boost for nuclear power
SEOUL - South Korea approved on Wednesday a $7 billion project to build two nuclear plants, a boost for an industry struggling to emerge from the shadow of Japan's Fukushima disaster and the first approval since a policy review sparked by a safety scandal at domestic reactors.
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