Is a massive rebound coming for the Nikkei?
CNBC -- May 08
After a blow-out 2013, Japan's stock market seems to have lost its luster, but according to global research house Capital Economics the Nikkei is set for a dramatic turnaround.

"The prospect of renewed outperformance in the Nikkei is good, especially with the possibility of further aggressive stimulus," Julian Jessop, chief economist at Capital Economics said at the company's annual conference in Singapore on Wednesday.

Capital Economics sees the Nikkei rallying 20 percent from its current level of around 14,093 to 17,000 by fiscal year end in March 2015. It expects the index to reach 18,500 by March 2016.

This would mark a dramatic turnaround for the Nikkei which has fallen 13.2 percent year to date, giving up a large chunk of last year's 55 percent rise.

Concerns over the impact of a consumption tax hike in April coupled with uncertainty over Japan's structural reforms led some investors to lose faith in Abenomics - the aggressive plan unveiled by Prime Minister Shinzo Abe in 2013 to revitalize the economy through monetary stimulus, fiscal spending and structural reform.

Capital Economics shares these concerns, but believes further aggressive monetary stimulus from the Bank of Japan (BOJ) will reinvigorate the country's stock market, propelling it higher over the coming years.

Source: CNBC
Jul 30
Another allegation has emerged regarding the recently disclosed emblem for the 2020 Tokyo Olympics and Paralympics: It appears to use the same colors as a design created in Spain. (NHK)
Jul 30
Japan's Empress Michiko is set to receive checkups on her coronary artery using computed tomography on Aug. 9 at the University of Tokyo Hospital due to suspected myocardial ischemia, the Imperial Household Agency said Wednesday. (Jiji Press)
Jul 30
The rainy season appears to be over in Japan's two remaining regions to the southwest and northeast, the weather agency said on Wednesday, declaring an end to the early summer wet period throughout the archipelago. (Japan Times)
Jul 29
The Japanese government is set to put forward the island of Okinoshima in Munakata, Fukuoka Prefecture, southwestern Japan, and related ancient sites in the region for UNESCO World Heritage listing in 2017. (Jiji Press)
Jul 28
Japan's parliament enacted Tuesday a bill aimed at merging some constituencies for the first time in a bid to reduce vote-value disparities in the electoral system for the House of Councillors, the upper chamber. (Jiji Press)
Jul 30
As a part of a crackdown on illegal drugs connected to musician Aska, Tokyo Metropolitan Police on Monday announced the arrest of a boss in an organized crime group, reports the Mainichi Shimbun. (Tokyo Reporter)
Jul 30
Tokyo Metropolitan Police on Wednesday announced the arrest of a 48-year-old male for stalking a woman and stealing her shoes, reports TBS News. (Tokyo Reporter)
Jul 30
The search resumed Wednesday for people missing as a result of an eruption at Mt. Ontake last September - 9½ months after the operation was suspended due to weather risks. (The Japan News)
Jul 29
It was a triple murder that shocked a nation already reeling from the crime spree by a doomsday religious cult, coming just four months after the cult's deadly nerve gas attack on the Tokyo subway system. (Japan Today)
Jul 28
The pilot of a light plane that crashed into a residential area in the Tokyo suburb of Chofu on Sunday had run a pilot training firm without permission from the transport ministry, it was learned Monday. (Jiji Press)
Jul 27
Police in Fussa, Tokyo, said Monday they have arrested a 24-year-old man over the murder of a woman with whom he went on a date to watch fireworks. (Japan Today)
Jul 27
Five people suffered burns after fireworks sparks fell on them at a fireworks festival in Fuji City, Shizuoka Prefecture, on Saturday night. (Japan Today)
Jul 27
A light plane crashed into a residential area in the Tokyo suburb of Chofu on Sunday morning, leaving three people dead and five others injured. (The Japan News)
Jul 27
Wakayama Prefectural Police on Saturday arrested a 64-year-old man from Osaka after the body of a woman was found in a car parked in front of a love hotel in Gobo City, reports the Asahi Shimbun (July 26). (Tokyo Reporter)
Jul 27
Out of nearly 6,000 applicants, 22 young women and girls emerged from the final stage of highly competitive auditions on July 25 to be the first-generation members of idol group NGT48, based in Niigata Prefecture. (Asahi)