Still, the Yen was unmoved by the data release. Signs of robust performance from the Japanese economy are nothing new this year. However, with the Bank of Japan still very publicly committed to keeping monetary policy ultra-loose until consumer price ... ( read original story ...)
Last Week in Numbers: Japan’s Exports at 4-Year High
The Bank of Japan kept interest rates unchanged at 0.1%. After the two-day policy meeting, it also kept its yield target for 10-year government bonds at around 0%. It said that the optimistic view on the economy should accelerate inflation to its 2% target. ( read original story ...)
Wells Fargo CEO to testify before Senate banking panel on Oct. 3
Praxair Inc Cm (NYSE:PX) was reduced too. Axelsen claims men's singles crown at BWF Japan Open Datuk Lee Chong Wei (pic) is slated to meet newly-crowned world champion Viktor Axelsen of Denmark in the Japan Open final. Moreover, Marin has taken a 2-0 lead ... ( read original story ...)
Japan’s ruling party far ahead of opposition as election nears
TOKYO -- Japan's ruling Liberal Democratic Party is supported by just 44% of voters as the country heads toward a lower house election expected late next month, but the opposition trails far behind, according to a Nikkei/TV Tokyo survey conducted Friday ... ( read original story ...)
Nearly 20% of Japan’s quake recovery funds still sit idle
TOKYO -- Almost $5 billion in funds earmarked for rebuilding Japan's disaster-stricken northeast remain unused, with projects entangled in local debates and nuts-and-bolts complications, a Nikkei study has found. The Nikkei compiled government survey data ... ( read original story ...)
It’s official: Sea files for IPO on NYSE
Japan’s Mistletoe fund of Taizo Son (the younger brother of SoftBank CEO Masayoshi Son), Canada’s Ontario Teachers’ Pension Plan, and US private equity firm General Atlantic LLC. The IPO is great news for all of them as large exits from Asia are rare. ( read original story ...)
It’s official: Singapore unicorn Sea files for IPO on NYSE
Japan’s Mistletoe fund of Taizo Son (the younger brother of SoftBank CEO Masayoshi Son), Canada’s Ontario Teachers’ Pension Plan, and US private equity firm General Atlantic LLC. The IPO is great news for all of them as large exits from Asia are rare. ( read original story ...)
Nikkei gains steam, outpacing other Asian markets
Japan was again a standout, with equities building on this week’s two-year highs as the yen continued to retreat. Meanwhile, Australia underperformed as metal prices fell and utilities stocks slid. The Nikkei NIK, -0.25% was recently up 0.7% ... ( read original story ...)
Finance Ministry delays plan to destroy data on school scandal
The Finance Ministry has decided for the time being not to destroy ... unable to restore data on the negotiations over the sale of land at a sharp discount to Osaka-based Moritomo Gakuen in light of an investigation mounted by the Board of Audit and ... ( read original story ...)
World wonders could NKorea fire nuclear missile over Japan
SEOUL, South Korea (AP) -- Will North Korea's next nuclear test involve a thermonuclear missile screaming over Japan? That's a question being asked after North Korea's foreign minister said his country may test a hydrogen bomb in the Pacific Ocean. ( read original story ...)
China tells Japan not to abandon dialogue over North Korea
BEIJING (Reuters) - Japan talking only about sanctions on North Korea rather than dialogue will be seen as going against United Nations resolutions, Chinese Foreign Minister Wang Yi told his Japanese counterpart. Tensions have continued to rise since North ... ( read original story ...)
In Japan, heated tobacco associated with greater risk of tax hike
Because those hikes were framed as a way to promote health and wellness, they were mostly better received by the public than consumption tax increases, which cover just about everything sold in Japan -- including cigarettes. The Finance Ministry also sees ... ( read original story ...)
Japan in unique position to take global lead in investment and trade: experts
Takenaka points to Japan’s heavy dependence on cash as an example ... The fintech trend (a portmanteau of “finance” and “technology”) has made strides in countries such as China, where electronic payments through smartphones are becoming the ... ( read original story ...)
RP, Japan to firm up funding for infra projects
In a statement, the DoF said the Philippines-Japan High-Level Committee on Infrastructure and Economic Cooperation will meet in Tokyo on Monday, their third meeting after the meetings held also in Tokyo in March and in Manila in July. Finance Secretary ... ( read original story ...)
Launch of the 2nd Asia Pacific Alternative Finance Industry Report
Other key markets in the Asia Pacific region in 2016 were Japan at $398 million, South Korea at $376 million, Singapore at $164 million, and India at $124 million. The alternative finance sector in the Asia-Pacific totalled $102.8 billion in 2015 ... ( read original story ...)
Commodities Buzz: Japan Steel Exports Total 3.15 Million Tons in August 2017
According to Japans Ministry of Finance data statistics showed that Japanese steel exports totaled 3.15 million tons in August of this year, increased by 6.3% compared with previous month, down by 9.5% compared with the same period of last year ... ( read original story ...)