“You buy when you think it is timely and sell to lock-in capital gains.” The Bank of Japan’s negative interest-rate policy is pressuring domestic lenders to take too much risk, Takahide Kiuchi, a former BOJ board member, said in an interview last mont ( read original story ...)
JGBs hug tight ranges ahead of central bank, G7 meetings
Most market players expect the Bank of Japan to stay with its ultra-loose monetary policy stance in the near future even as the world’s other major central banks gradually shift towards tightening. Still, many investors are looking to whether that ... ( read original story ...)
Japanese Market Modestly Lower
In the banking sector, Mitsubishi UFJ Financial is down 0.2 percent and Sumitomo Mitsui Financial is lower by almost 1 percent. Among oil stocks, Inpex is rising 0.7 percent and Japan Petroleum Exploration is down 0.3 percent despite crude oil prices ... ( read original story ...)
Japan Overall Bank Lending Rises 2.0% In May
TOKYO (Alliance News) - Overall bank lending in Japan was up 2.0% on year in May, the Bank of Japan said on Friday - coming in at 523.137 trillion yen. That was shy of estimates for 2.1%, which would have been unchanged from the April reading. Excluding ... ( read original story ...)
USD/JPY – Japanese Yen Steady Despite Soft Consumer Report
On Thursday, the U.S releases unemployment claims and Japan publishes current account and Final GDP. The Bank of Japan has steadfastly held that it will not exit its massive stimulus until inflation reaches the bank’s target of around 2 percent. ( read original story ...)
Japan Q1 GDP Unrevised, -0.2% On Quarter
The Bank of Japan said that overall bank lending in Japan was up 2.0 percent on year in May, coming in at 523.137 trillion yen. That was shy of estimates for 2.1 percent, which would have been unchanged from the April reading. Excluding trusts, bank ... ( read original story ...)
Anime Is Dominating Japan’s Entertainment Exports
The medium has become a popular one around the globe, and it looks like Japan is making serious bank off that popularity. Thanks to a new report, fans learned the majority of Japanese TV exports circle back to anime. As reported by Anime News Network ... ( read original story ...)
Asian shares fall ahead of G7 summit, central bank meetings
TOKYO — Asian shares were moderately lower Friday, as investors awaited the Group of Seven leaders’ meeting, continuing into the weekend, and for European Central Bank and Federal Reserve meetings next week. KEEPING SCORE: Japan’s benchmark Nikkei ... ( read original story ...)
TOKYO | Japan’s economy shrank in first quarter on weak spending
TOKYO — Japan’s economy declined in the first quarter on weak consumer spending, revised data showed Friday. The Cabinet Office said the gross domestic product or GDP — the total value of a nation’s goods and services — shrank at an annualized ... ( read original story ...)
Japan’s economy shrank in first quarter on weak spending
TOKYO — Japan’s economy declined in the first quarter on weak consumer spending, revised data showed Friday. The Cabinet Office said the gross domestic product or GDP — the total value of a nation’s goods and services — shrank at an annualized ... ( read original story ...)
Japan’s home-sharing offerings evaporate ahead of new regulations
TOKYO (Reuters) - Japan, which just months ago had tens of thousands of Airbnb and home-sharing properties available, has approved only about 150 before a new law kicks in next week, meant to bring order to the market and create more lodging options for ... ( read original story ...)
Japan, U.S. to seek first trade talks under new framework in July
TOKYO (Reuters) - Japan and the United States are working to hold their first bilateral trade talks under a new framework in July, Japan’s Foreign Ministry said, in a sign Washington may ratchet up pressure on Tokyo to open up its markets. U.S. President ... ( read original story ...)
Emirates to deploy Airbus A380 serving the Dubai-Osaka route
2018-Jun-08 — /Travel PR News/ — Emirates, the world’s largest international airline, will introduce regular scheduled commercial Airbus A380 services to Osaka (KIX) in Japan on 28 October 2018*. The deployment of the double-decker aircraft ... ( read original story ...)
TOKYO | Asian shares fall ahead of G7 summit, central bank meetings
TOKYO — Asian shares were moderately lower Friday, as investors awaited the Group of Seven leaders’ meeting, continuing into the weekend, and for European Central Bank and Federal Reserve meetings next week. KEEPING SCORE: Japan’s benchmark Nikkei ... ( read original story ...)
Nankai Trough megaquake could cause ¥1,410 trillion damage to Japan and dent economy for 20 years: report
A massive earthquake predicted to occur in Japan within the next 30 years could cause ¥1,410 trillion ($12.8 trillion) in damage to the economy, much more than a government estimate, a construction industry body said Thursday. The estimate is based on an ... ( read original story ...)
Japan’s Lenders Need to Be More Nimble Investors, Ex-Banker Says
“You buy when you think it is timely and sell to lock-in capital gains.” The Bank of Japan’s negative interest-rate policy is pressuring domestic lenders to take too much risk, Takahide Kiuchi, a former BOJ board member, said in an interview last mont ( read original story ...)