A day of market gyrations and pressure for higher interest rates has forced the Bank of Japan to tip its hand by intervening to keep 10-year yields below 0.11 per cent. It is the first time the BoJ has turned last September’s “around zero per cent ... ( read original story ...)
Bank of Japan lifts growth outlook
Japan's central bank has come up with a more optimistic assessment of growth prospects in the world's third-largest economy. It said a weaker national currency would boost Japanese exports and increase production. Ending its first policy meeting in the new ... ( read original story ...)
Bank of Japan forecasts Trump-driven surge in economic growth
The Bank of Japan forecast an era of surging economic growth and kept monetary policy on hold on Tuesday following a Donald Trump-induced slide in the yen. Japan’s central bank predicted the economy would grow significantly faster than its long-run ... ( read original story ...)
New route testimony to safety record
OSAKA: AirAsia X Bhd will become one of the first Asean-based low-cost carriers to venture into the United States when it starts its connecting flight from Kuala Lumpur to Honolulu via Osaka, Japan, from June 28 this year. Flights D7001 and D7002 are ... ( read original story ...)
Panasonic: World's First*1 Organic CMOS Image Sensor with Electrically Controllable Near-Infrared Light Sensitivity
OSAKA, Japan--(BUSINESS WIRE)--Feb 9, 2017--Panasonic Corporation today announced that it has developed a new technology, electrical control of the near infrared (NIR) light sensitivity of the same pixel in an organic CMOS image sensor. The sensitivity of ... ( read original story ...)
TMX Group Ltd taking ‘Team Canada approach’ as it vies for slice of US$100 billion Saudi Aramco IPO
Aramco has yet to make a final decision on the venue for the IPO, and challenges are coming from larger international ... Aramco executives have also mentioned the possibility of listing in London, New York, Tokyo or Toronto. Aramco plans to sell shares ... ( read original story ...)
Japan government morphing into activist shareholder
Japan Post Holdings itself spent many months under its IPO price of 1,400 yen. The government has already decided to help pay for rebuilding from the March 2011 disaster with 4 trillion yen in capital gains from selling shares in the Japan Post trio. ( read original story ...)
AirAsia X takes off for Honolulu on June 28, tickets start from RM499
OSAKA: Malaysia's long-haul budget airline AirAsia X Bhd is set to fly to Honolulu, Hawaii, USA, starting June 28 this year. The celebratory airfare will start from as low as RM499, inclusive of taxes and fees one-way, while the Premium Flatbed will be ... ( read original story ...)
Chance and challenge: Japan Inc worried but hopeful on Trump
figures from the Japan Automobile Manufacturers Association show. Trump's assertion that Tokyo is deliberately seeking to devalue its currency to aid exporters like Toyota is another big worry. Finance Minister Taro Aso, who will visit Washington with Abe ... ( read original story ...)
Japan's Nikkei Underperforms Amid Mounting Political Risks
Japan's main stock index underperformed Thursday ahead of meetings between Prime Minister Shinzo Abe and President Donald Trump. Other worries, such as renewed concerns over Greece, kept a lid on markets elsewhere. KEEPING SCORE: In Europe, Britain's FTSE ... ( read original story ...)
Nikkei skids on stronger yen ahead of U.S.-Japan summit
TOKYO Feb 9 Japan's Nikkei share average slipped on Thursday due to pressure from a stronger yen ahead of a meeting this week between U.S. President Donald Trump and Japan's Prime Minister Shinzo Abe. The Nikkei was down 0.2 percent at midday at 18,971.46. ( read original story ...)
Nikkei edges up as yen's rise stalls; glass sector shines
TOKYO Feb 8 Japan's Nikkei share average edged up on Wednesday, swinging away from earlier losses as the yen's recent rise against the dollar stalled and upbeat earnings helped shore up market sentiment. The Nikkei closed 0.5 percent higher at 19,007.60. ( read original story ...)
Tokyo Smoke acquires Van der Pop, Seattle's preeminent female-focused cannabis lifestyle brand
TORONTO, ON--(Marketwired - February 08, 2017) - Tokyo Smoke, Canada's leading premium cannabis-oriented lifestyle brand, has acquired Van der Pop, a like-minded cannabis product and experience brand based in Seattle, WA. Run by acclaimed designer and ... ( read original story ...)
Bank of Japan sees improvements in economy but warns on inflation expectations
TOKYO Bank of Japan board members saw improvements in exports, consumer spending and capital expenditure but warned that it may take time for inflation expectations to pick up, a summary of opinions from their Jan. 30-31 meeting showed on Wednesday. ( read original story ...)
Tokyo property market to slow this year: Expert
Tokyo's real estate market is expected to see new supply, which will push down rental growth, says David Paine from Standard Life Investments. ( read original story ...)
Japan logs biggest current account surplus since 2007
TOKYO Japan attained its second-biggest current account surplus on record in 2016, Ministry of Finance data showed on Wednesday, just days before the U.S. and Japanese leaders meet for talks with trade surpluses and currency valuations expected to be high ... ( read original story ...)