Nikkei hits fresh 2-year highs after Wall Street gains

TOKYO, Oct 3 (Reuters) - Japanese stocks hit fresh two-year highs on Tuesday morning, tracking a Wall Street rally as data pointed to underlying strength in the U.S. economy, while a weaker yen also helped overall sentiment. The Nikkei rose 0.9 percent to ... ( read original story ...)

ASIA MARKETS: Hang Seng, Nikkei Lead Market Gains In Asia

In Japan, the Nikkei Stock Average was up 0.8%, thanks to overnight gains in the dollar , which bought Yen113.07 in morning trade Tuesday, compared with Yen112.76 in late New York trade. That helped exporter stocks, which benefit from a weaker yen. ( read original story ...)

Bank of Japan tankan corporate inflation expectations flagging

TOKYO: Companies surveyed by the Bank of Japan expect consumer prices to rise 0.7 percent a year from now, lower than their projection for a 0.8 percent increase three months ago. Japanese companies’ inflation expectations eased slightly in September ... ( read original story ...)

Japanese bank demos blockchain payment solution

Japan’s big banks showcase fintech at Ceatec show — Nikkei Asian Review — “A smartphone app lets users buy MUFG Coin with yen from their bank accounts and send the digital currency to others. Remittance costs are kept low thanks to blockchain, the ... ( read original story ...)

Panasonic to speed up M&A activity in Europe

OSAKA -- Panasonic may transfer some functions tied to mergers and acquisitions to Europe so it can speed up overseas takeovers, the company's new chief financial officer told The Nikkei. A Dutch intermediate stockholding company would take on certain ... ( read original story ...)

Light earthquake 4.1 mag, 12 km ENE of Yonakuni, Japan

A light earthquake with magnitude 4.1 (ml/mb) was reported 12 km ENE of Yonakuni, Japan (7 miles) on Friday. The earthquake was roughly at a depth of 67.21 km (42 miles). Exact location of earthquake, longitude 123.12 East, latitude 24.4941 North, depth ... ( read original story ...)

Nissan faces $220m hit from Japanese recall

Nissan will recall 1.2 million vehicles in Japan after regulators said safety checks did not meet domestic requirements. Nissan shares fell by 5% on Monday after the firm said the recall could cost about 25bn yen (£167m; $220m). The vehicles were produced ... ( read original story ...)

Tokyo stocks close at fresh two-year high

Tokyo's benchmark stock index closed at its highest level in more than two years on Tuesday, as strong manufacturing data pointed to a strengthening US economy while a weaker yen boosted Japanese exporters. The Nikkei 225 index rose 1.05 percent, or 213.29 ... ( read original story ...)