Tag: banking

TOKYO (Reuters) - Japan Display Inc's state-backed main investor has agreed to provide up to 75 billion yen ($640 million) in aid to the struggling smartphone display maker, in a publicly funded bailout to help it reduce its dependence on Apple Inc. Japan ... ( read original story ...)

The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top. The Nikkei added 0.3 percent in thin trade, while Australia’s main index climbed 0.6 ... ( read original story ...)

TOKYO, Dec 20 Japan's Nikkei share average was flat in choppy trade on Tuesday morning as the market awaited the Bank Of Japan's policy decision and the safe-haven yen paused its recent weak trend. The Nikkei was flat at 19,388.28 in midmorning trade after ... ( read original story ...)

The Bank of Japan on Tuesday improved its view of the world's number-three economy, providing some relief to the government's stuttering growth drive, as exports pick up on the back of a steep slide in the yen. Policymakers held fire on further stimulus ... ( read original story ...)

TOKYO - Japan's central bank issued an upbeat assessment of the world's third-largest economy when it wrapped up its final meeting of the year Tuesday by keeping its ultra-lax monetary policy unchanged. The Bank of Japan kept its key policy interest rate ... ( read original story ...)

Stocks will likely continue their drift higher Tuesday, while traders keep an eye on international headlines. The only expected major news event is the Bank of Japan's monetary policy meeting, which is scheduled to conclude overnight Eastern Time, ahead of ... ( read original story ...)

TOKYO Dec 20 Japan's Nikkei share average rose on Tuesday afternoon after the market digested the Bank of Japan's decision to maintain current monetary policy, while the yen's fall versus the dollar lifted overall sentiment. The Nikkei gained 0.6 percent ... ( read original story ...)

Tokyo (AFP) - The Bank of Japan on Tuesday boosted its view of the world's number-three economy as exports pick up on the yen's slide and providing some relief to the government with its growth plan stuttering. Policymakers held fire on further stimulus ... ( read original story ...)

- This week’s economic docket is relatively-light, with the one ‘big’ event tonight’s Bank of Japan rate decision. No movement on rates is expected; but will the BoJ look to upgrade economic forecasts so quickly after the start of the Trump rally ... ( read original story ...)

TOKYO (Reuters) - Japan's government has placed a high priority on narrowing the gap in pay and benefits between regular and contract employees as this will raise productivity and consumer spending, said Katsunobu Kato, minister for labour market reform. ( read original story ...)

The USD is higher across the board after the Fed finally announced its much awaited rate hike. The market had already priced in the 25 basis points rate hike to the Fed funds rate, but the hawkish tone of the FOMC statement, dot plot and Fed Chair Janet ... ( read original story ...)

Ministers have met with top Japanese bank bosses, who reiterated fears about the potential negative impact of Brexit on their UK businesses and urged clarity from the Government about its plans. The Chancellor Philip Hammond has himself conceded on a ... ( read original story ...)

Japan had a trade surplus of 152.5 billion yen ($1.3 billion) in November. The seasonally adjusted trade balance was a surplus of 536.1 billion yen. The results were released as the Bank of Japan begins a two-day monetary policy board meeting. The yen has ... ( read original story ...)

Main events scheduled in Japan for Tuesday, Dec. 20: -- Supreme Court to rule on Okinawa government's attempt to block relocation of U.S. military base within prefecture. -- Bank of Japan to announce decision reached at two-day policy meeting from Monday ... ( read original story ...)

The quarterly data also showed the outstanding balance of Japanese government bonds grew 5.0 percent from the previous year to 1,091 trillion yen. Government bonds held by foreign investors gained 11.4 percent to 112 trillion yen, comprising 10.3 percent ... ( read original story ...)

TOKYO (Reuters) - Japan is stepping up its supervision of bank lending amid growing concerns a spurt of construction financing for new apartment blocks could be sowing the seeds for bad debts in the future, people involved in the matter say. Small ... ( read original story ...)