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Month: September 2018

Posted on 21/09/2018

Japan PM Abe wins extended term, faces Trump trade challenge

[L3N1W63RZ] After years of heavy money printing, the Bank of Japan has little ammunition left. Japan’s huge public debt and rising social welfare costs for a fast-ageing population also leave Abe with ... ( read original story ...)

Posted on 21/09/2018

Japan inflation ticks up but BOJ’s target still out of reach

Japan's annual core consumer inflation ticked up slightly in August but remained distant from the central bank's 2 percent target, suggesting that monetary policy will stay ultra-loose for the time be... ( read original story ...)

Posted on 21/09/2018

Japan’s central bank keeps policy steady, sticks to rosy economic view

The Bank of Japan kept monetary policy steady on Wednesday and maintained its optimistic view on the economy despite escalating global trade frictions. "Japan's economy is expanding moderately," the B... ( read original story ...)

Posted on 21/09/2018

Japan’s Abe says has met key goal on jobs, distances himself from BOJ inflation target

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Thursday his key economic policy goal has been fulfilled, with job losses at record lows, signaling that he was no longer persisting on ach... ( read original story ...)

Posted on 21/09/2018

Tokyo stocks close flat after prime minister Abe’s win

Tokyo stocks closed flat on Thursday, with traders taking Prime Minister Shinzo Abe’s widely expected victory in the party leadership election in their stride. The Nikkei 225 index closed up ... ( read original story ...)

Posted on 21/09/2018

Japan’s Rugby World Cup prepares to tackle typhoons, earthquakes

Organizers of the 2020 Tokyo Olympics are concerned about it. So are those running the Rugby World Cup in Japan, which opens with Japan facing Russia on Sept. 20, 2019, in Tokyo. The concern? Natural ... ( read original story ...)

Posted on 20/09/2018

Japan clothing magnate Maezawa chases spot in business firmament

TOKYO (Reuters) - Japanese fashion billionaire Yusaku Maezawa's first meeting with role model and SoftBank Group Corp (:9984.T) boss Masayoshi Son came in 2010 when they bathed together - a popular co... ( read original story ...)

Posted on 20/09/2018

Japan’s Abe re-elected as party head, to stay on as PM

TOKYO - Japanese Prime Minister Shinzo Abe has been re-elected as head of his ruling Liberal Democratic Party in a landslide, paving the way for up to three more years as the nation's leader. Abe hand... ( read original story ...)

Posted on 20/09/2018

Japan digital currency exchange hacked, losing $60 million

Japan has been bullish on virtual money and has set up a system requiring exchanges to be licensed to help protect consumers. The system is also meant to make Japan a global leader in the technology. ... ( read original story ...)

Posted on 20/09/2018

Japan’s rugby World Cup prepares for typhoons, earthquakes

TOKYO -- Organizers of the 2020 Tokyo Olympics are concerned about it. So are those running next year's Rugby World Cup in Japan, which opens in a year with Japan facing Russia on Sept. 20, 2019 in To... ( read original story ...)

Posted on 20/09/2018

Japan digital currency exchange hacked, losing US$60 million

TOKYO -- Hackers have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies from a Japanese digital currency exchange, the operators said Thursday. Tech Bureau Corp. said a server for its Zai... ( read original story ...)

Posted on 20/09/2018

Japan auto lobby says hopes NAFTA will keep current framework

TOKYO (Reuters) - Japan’s automakers association said on Thursday it hoped that the North American Free Trade Agreement would maintain its current framework as the United States, Canada and ... ( read original story ...)

Posted on 20/09/2018

Bank of Japan mired in ‘mission impossible’ against deflation

Former Bank of Japan member Sayuri Shirai fondly remembers when the bank decided on a massive programme intended to perk up the world's number-three economy and save it from damaging deflation. "It wa... ( read original story ...)

Posted on 20/09/2018

Japan’s Abe likely to win party vote but faces Trump trade challenge

TOKYO (Reuters) - Prime Minister Shinzo Abe was expected to win a ruling party leadership vote on Thursday, setting him on track to become Japan's longest-serving premier and try to cement his legacy, ... ( read original story ...)

Posted on 20/09/2018

Rugby- Fearless Japan eyeing quarters berth at World Cup: Joseph

“When I came here, the Japanese players were reactive, waiting for leadership and direction,” he told a recent news conference to mark the one-year countdown to the global showpiece. ( read original story ...)

Posted on 20/09/2018

Nikkei hits 8-month high on some solace in trade spat

TOKYO -- Investors breathed a sigh of relief after the latest volley in the U.S.-China trade war escalated tensions less than expected, helping lift Japan's Nikkei Stock Average to an eight-month ... ( read original story ...)

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