Federal Reserve officials on Wednesday upgraded their assessment of the U.S. economic recovery, and Chairman Ben Bernanke said the central bank could begin pulling back its $85 billion-per-month bond-buying program later this year.

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TOKYO (Nikkei)--German autoparts giant Robert Bosch GmbH, GS Yuasa Corp. (6674) and Mitsubishi Corp. (8058) will form an alliance on development and sales of a new type of battery that would double the range that electric vehicles can travel on a single charge, The Nikkei learned Wednesday.

TOKYO (Nikkei)--The government will seek to maintain spending other than debt payments at the current level of around 70 trillion yen through fiscal 2015, according to an outline of an upcoming medium-term fiscal plan.

TOKYO (Nikkei)--Nonfinancial companies held a record 225 trillion yen of cash and deposits as of March 31, up 5.8% on the year, according to Bank of Japan flow of funds data released Wednesday.

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Times and dates of each index are local.
  • Nikkei 225

DJIA
FTSE 100
Yen/Dollar
Yen/Euro
Bonds (10-yr JGB)
Crude Oil Tokyo ($)

** Statistics to be released

0850: Inbound, outbound securities investment on weekly basis (MOF)

1000: Domestic shipments of white goods for May (Japan Electrical Manufacturers' Association)

1300: Ethylene production for May (Japan Petrochemical Industry Association)

1400: Supermarket sales for May (Japan Chain Stores Association)

1400: Revised indexes of business conditions for April (Cabinet Office)

1400: Domestic shipments of consumer electronics for May (Japan Electronics and Information Technology Industries Association)

1600: Sales of major convenience stores for May (Japan Franchise Association)

** Shareholders meetings

Sumitomo Chemical, DIC, Yahoo Japan, JFE Holdings, Omron, Sony, Daikyo, Skymark Airlines

** Other items

1020: MOF auctions 3-month treasury discount bills

1100: Honda unveils all-new Accord Hybrid, Accord Plug-In Hybrid sedans

1330: Japan Paper Association Chairman Yoshio Haga meets press

  • photo photo
Company IR