Category: FINANCE

TOKYO Feb 27 Japan's Nikkei share average fell to 2-1/2 week lows on Monday as the yen strengthened and as financial stocks dropped on lower U.S. yields. The Nikkei ended down 0.9 percent at 19,107.47 points, its lowest closing level since Feb. 9. ( read original story ...)

Japan's House of Representatives approved Monday a record 97.45 trillion yen ($870 billion) draft budget for fiscal 2017 to finance ballooning social security costs and enhance its defence capabilities. The initial budget for the year starting in April ... ( read original story ...)

USDJPY and the yield on the 10-year US Treasury bond slipped in tandem on Friday, maintaining a link that has been apparent for some time, as shown in the chart below. It’s actually the spread between US and Japanese rates that matters, but with the Bank ... ( read original story ...)

The Federal Reserve has raised US interest rates, and the European Central Bank is considering easing its stimulus. Japan remains definitively stuck, despite a long and aggressive experiment with ultralow rates. A quarter-century after its property bubble ... ( read original story ...)

Sathapana Bank, a wholly owned subsidiary of Maruhan Japan Group, obtained its commercial banking licence in March 2016 following the successful merger of Maruhan Japan Bank Plc and local microlender Sathapana Ltd. The bank operates a network of 161 ... ( read original story ...)

TOKYO, Feb 27 Japan's Nikkei share average fell to 2-1/2 week lows on Monday as the yen strengthened and as financial stocks dropped on lower U.S. yields. The Nikkei was down 1.4 percent at 19,012.43 points by midmorning, after falling to as low as 18,995 ... ( read original story ...)

The Japanese embassy in Colombo said the dialogue was aimed at ensuring that the Indian Ocean remains open, stable and governed by the rule of law. "The dialogue has become a wonderful step for developing such cooperation," the embassy told the Nikkei ... ( read original story ...)

The Finance Ministry said it had already destroyed records of negotiations over a questionable land sale to an educational group in Osaka that had links to the wife of Prime Minister Shinzo Abe. The disclosure, made Feb. 24, is expected to seriously hamper ... ( read original story ...)

TOKYO -- The Japanese government is set to propose to Russia specific plans for joint economic development in what it calls the Northern Territories and what Moscow refers to as the Southern Kurils, The Nikkei has learned. In December, Japanese Prime ... ( read original story ...)

TOKYO -- Japan is set to take the initiative in proposing international standards for drones. The hope is that its proposed standards can win approval around fiscal 2025 -- and help Japanese companies take market share. Drones sometimes fall and can cause ... ( read original story ...)

The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is expected to visit Malaysia, Indonesia, Japan and China ... to be the world's biggest IPO, and have solicited financial advice ... ( read original story ...)

In fact, istyle, the operator of the well-regarded cosmetics review website and retail chain in Japan, is planning to open stores across Asia. The Taiwan store opens in May. Istyle in 2007 began opening @cosme stores in Japan, bringing together brands that ... ( read original story ...)

Japan's Prime Minister spent Friday afternoon meditating while staff at some of the country's biggest firms quit work early -- in time for a bit of shopping or maybe a boozy train ride. Welcome to Premium Friday, Japan's latest bid to tackle two perennial ... ( read original story ...)

The Nikkei 225 has lost puff since scaling the peaks of early January Numerous attempts to retake them have ended in failure However the downside hasn’t been tested too much either, which is an encouraging sign Japan’s Nikkei 225 equity benchmark has ... ( read original story ...)

TOKYO -- Listed Japan is swimming in record profits. As resource prices recover and a formerly strengthening yen has regained some of its weakness, the combined net profit of Japan's major listed companies is poised to hit a record this fiscal year for the ... ( read original story ...)

Japan's Prime Minister will spend Friday afternoon meditating while staff at some of the country's biggest firms are also quitting work early -- in time for a bit of shopping or maybe a boozy train ride. Welcome to Premium Friday, Japan's latest bid to ... ( read original story ...)