According to a Reuters report, citing the information shared by two unidentified industry sources `in the know' of Sharp's production plans, the production of 9.7-inch Apple iPad screens has been nearly stopped by Sharp, probably because of an evident shift in demand to Apple's smaller iPad Mini tablet.

On Thursday, the latest statistics released by research firm BCN revealed that the sales of the Google Nexus 7 tablet beat those of the Apple iPad in Japan during the profitable holiday shopping season; with price apparently being the key factor that affected the sales figures of both the devices.

Japan has announced its first major policy initiative to end deflation and drive a recovery from a recession since Shinzo Abe became the Prime Minister of the country on 26 December 2012.

The Abe-led Japanese government has announced plans to spend 10.3 trillion yen (around US$116bn) to increase gross domestic product (GDP), create new jobs and boost growth.

According to an Agence France-Presse report, the production of the PlayStation 2 (PS2) gaming console has been ceased by Sony Computer Entertainment of Japan.

Mr. Abe, who has been the PM in 2006-07 as well, when this time was voted as PM by the parliament, soon uncovered his cabinet, a recent report has found. Yes! Earlier this month, when he won in his party's emphatic poll, his cabinet was named very shortly.

During the course of a recent interview to Tata Group website, N Chandrasekaran - Managing Director and CEO of India's biggest software services exporter Tata Consultancy Services (TCS) - said that TCS has plans underway to tap opportunities in the China, Japan, Middle East, Europe, and Latin America and Europe markets; where it intends to "scale up (its) presence significantly."

It has happened for third time in last four months that Bank of Japan (BOJ) has expanded its asset-purchase program.

The Institute of Energy Economics, Japan, (IEEJ) said that it is expecting the Liquefied natural Gas (LNG) imports to increase to 88.75 million tonnes by next financial year.