Tag: banking

TOKYO (Reuters) - A powerful earthquake rocked northern Japan on Tuesday, the Japan Meteorological Agency said, generating a tsunami that hit the same region devastated by a massive quake, tsunami and nuclear disaster in 2011. The earthquake, which was ... ( read original story ...)

Japan saw its second consecutive trade surplus in October ... it was up almost 15 percent on-year against the dollar last month, which the finance ministry said hit export values for key products such as vehicles and steel. However, the weak reading ... ( read original story ...)

TOKYO Japan's exports fell in October for a 13th consecutive month and by more than expected as the strength of the yen and sluggish foreign demand weighed on trade, although current yen weakness could change the outlook. Ministry of Finance (MOF ... ( read original story ...)

(Bloomberg) -- Japan posted a trade surplus for a second straight month in October, according to data released by the Ministry of Finance on Monday. The surplus was driven by a continued decline in the value of imports, which have fallen faster than exports. ( read original story ...)

Tokyo is set to relaunch a bid to establish itself as Asia’s leading financial centre, according to a report today in the Financial Times. The effort is being spearheaded by Tokyo Governor Yuriko Koike and will call on global investment banks to reverse ... ( read original story ...)

Tokyo stocks rose Monday morning to a 10-month high as the ... with Sony up 1.48 percent at 3,283.0 yen and Hitachi also gaining 2.28 percent at 608 yen. The finance ministry announced just before markets opened that Japan posted a second successive ... ( read original story ...)

Tokyo stocks rose to a 10-month high on Monday as the dollar ... but market heavyweight Fast Retailing fell 0.54 percent to 39,970 yen. The finance ministry announced just before markets opened that Japan posted a second successive trade surplus, of ... ( read original story ...)

TOKYO, Nov 21 Japan's Nikkei rose on Monday morning, hovering at 10-1/2-month highs after the yen weakened further, but gains could be limited on investor caution after the market's recent sharp rally. The Nikkei share average rose 0.6 percent to 18,072.01 ... ( read original story ...)

So say Citigroup Inc., AllianceBernstein and Bordier & Cie, who all see further gains for Japanese shares after the Nikkei 225 Stock Average climbed more than 20 percent from this year’s low. The $5 trillion market has outperformed all its developed ... ( read original story ...)

A weaker yen sent Japan’s Nikkei to a 10-month high on Friday, helping drive gains across key Asian markets as robust U.S. economic data buoyed expectations of an interest-rate hike next month. The Nikkei Stock Average NIK, +0.80% was up 0.8% ... ( read original story ...)

LIMA (Reuters) - Japanese and Peruvian leaders said on Friday they will work harder to put into force a Pacific rim trade pact as early as possible, pledging support for the 12-nation accord with an uncertain future. "The two leaders have committed ... ( read original story ...)

TOKYO -- Legislation passed Friday opens more doors for foreign-born nursing care professionals to work in Japan, a move taken to address a labor shortage. The measures, approved by the upper house across party lines, take effect next year. Nursing care ... ( read original story ...)

The Bank of Japan has put its "yield-curve control" plan into practice. On Nov. 17 the central bank offered to buy shorter-dated bonds in unlimited amounts, the first time it has wielded the tools it introduced two months ago. This episode hasn't cost the ... ( read original story ...)

That’s all welcome news for the Tokyo-based banks, which this week reported lending income fell for a fifth straight quarter as interest margins continued to shrink under the Bank of Japan’s negative-rate policy. Prime Minister Shinzo Abe met with the ... ( read original story ...)

which has been valued at $3.33 billion by the bank, is attracting interest from Japan’s Meiji Yasuda and Hong Kong-based AIA Group (1299.HK), according to people familiar with the situation. Meiji Yasuda, Japan's third-largest private sector insurer by ... ( read original story ...)

Earlier this year, the Bank of Japan (BoJ) became the latest central bank to experiment with Negative Interest Rate Policy (NIRP). They followed this up in September with even further unconventional monetary policy, which they have called "Qualitative and ... ( read original story ...)