Over 30% of listed companies in Japan have upwardly revised their net profit forecasts for the fiscal year ending March, according to Nikkei research, with the trend largely led by Japanese ... ( read original story ...)
Analysis: Japanese stocks catch global investors’ eyes as post-COVID growth play
Japan's traditionally overlooked stock market is winning new fans as global investors use the promise of a coronavirus vaccine and a new U.S. administration to hunt for more fairly valued, ... ( read original story ...)
Nikkei ends at fresh 29-year peak as vaccine hopes continue to rise
Japan's Nikkei surged to close at a fresh 29-year high on Wednesday, as investors remained hopeful of a swift global economic recovery from the COVID-19 pandemic on vaccine-related developments. ( read original story ...)
Japan’s Third Extra Budget for Stimulus May Exceed 15 Trillion Yen: Lawmaker
Japan's third extra budget for economic stimulus steps may need to be bigger than 15 trillion yen ($142.5 billion), a senior lawmaker in the ruling Liberal Democratic Party (LDP) said on Wednesday. ( read original story ...)
Japan finance minister Aso: Pace of recovery in private demand is fast
Japanese Finance Minister Taro Aso said on Tuesday that the pace of recovery in private demand was fast, as seen in the automotive sector. ( read original story ...)
Trade Finance Market Boosting the Growth Worldwide | Societe Generale, China Exim Bank, BNP Paribas
AMA Research published a new research publication on "Trade Finance Market Insights, to 2025" with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you ... ( read original story ...)
Factbox: Oil refiners shut plants as demand losses may never return
JAPAN * Japan's biggest refiner, Eneos Corp, permanently shut the 115,000 barrels-per-day (bpd) crude distillation unit at its Osaka refinery on September 30 as planned. AUSTRALIA & NEW ZEALAND * ... ( read original story ...)
Japan’s Suga Orders Third Extra Budget as Virus Impact Drags
Japan’s Prime Minister Yoshihide Suga ordered the putting together of a third extra budget Tuesday, amid concern the economy’s recovery from a pandemic-triggered recession may lose steam. The long ... ( read original story ...)
Roland files for re-listing in Japan’s largest IPO this year
Musical instrument maker Roland has filed for an initial public offering on the Tokyo Stock Exchange, Nikkei has learned, a move that is expected to make it the nation's biggest IPO this year. The ... ( read original story ...)
BUZZ-COMMENT-Strong Nikkei demand adds to support for USD/JPY
The Nikkei 225 index has been in rally mode since bottoming at 22,948.47 on Oct 30, catapulting above 24,000 on Nov 5 and then piercing 25,000 on Tuesday. USD/JPY has rallied alongside the Nikkei, ... ( read original story ...)
Japan shares climb over 29-year peak as vaccine hopes continue to cheer
Japanese shares hit a more than 29-year high on Wednesday, as investors remained hopeful of a swift global economic recovery from the COVID-19 pandemic on vaccine-related developments. TOKYO, Nov 11 ... ( read original story ...)
Japan’s financiers face a carbon cleanup
New Prime Minister Suga wants to cut greenhouse gases to zero by 2050. That’s ominous for MUFG, Mizuho and peers, who provided more than $150 bln in loans and underwriting for fossil fuels over five ... ( read original story ...)
CORRECTED-Nikkei jumps to 29-year high, Honda leads carmakers on upbeat earnings
Japan's Nikkei share average on Monday reached a high last seen almost three decades ago, after Joe Biden clinched the U.S. presidency, with Honda Motors leading gains among carmakers on strong ... ( read original story ...)
Bank of Japan offers to reward regional banks for mergers or cost-cuts
The Bank of Japan will exempt regional banks from negative rates if they agree to merge or cut costs in a highly unusual use of monetary policy to reshape the financial sector. Regional banks with ... ( read original story ...)
Bank of Japan to Introduce Special Deposit Facility to Support Regional Banks
The Bank of Japan said that it would introduce a new deposit facility to support regional banks, whose profits have been hurt by Japan’s longtime low-interest-rate policy. ( read original story ...)
Crypto crime slows in 2020, but ‘DeFi’ hacks rise: CipherTrace report
Losses from cryptocurrency thefts, hacks, and fraud declined to $1.8 billion for the first 10 months of the year compared with last year, but crime in the hot "decentralized finance" sector rose, ... ( read original story ...)