TOKYO (Reuters) - Corporate Japan expects to see only minimal inflation in a year and barely any change in the next three to five years, a central bank survey showed on Tuesday, highlighting yet again the difficulty the Bank of Japan faces in reaching its ... ( read original story ...)
Japan Bank for International Cooperation (JBIC)
Japan Bank for International Cooperation (JBIC), the export credit agency of the Japanese government, is focused on the development of the country's economic performance through the promotion of exports, imports and economic activities overseas, and ... ( read original story ...)
Foreign investor sales of Japan shares offset by central bank
Foreign investors have broken a 17-year record for weekly net sales of Japanese stocks via equity futures as the Bank of Japan tests new limits of its programme to support the market through purchases of exchange traded funds. Although Japan’s Nikkei 225 ... ( read original story ...)
Japanese banks urged to tackle falling profits through cooperation
The new chief of a main lobby group for Japan’s banking sector has urged Japanese banks to exhaust all means – from mergers to informal tie-ups – to address the issue of declining profitability. According to Koji Fujiwara, chairman of the Japanese ... ( read original story ...)
Assemblies from Niigata to Tottori criticize handling of Moritomo probe as threat to democracy
OSAKA – Over a half dozen local governments have officially expressed concern with the way Prime Minister Shinzo Abe’s government has handled revelations that the Finance Ministry deleted information on official documents related to the Moritomo Gakuen ... ( read original story ...)
Japan manufacturer sentiment worsens for first time in 8 quarters
TOKYO -- The mood among Japanese manufacturers deteriorated for the first time ... based on predictions from research institutes compiled by Nikkei group company QUICK. Steelmakers and nonferrous metal refiners are facing tougher conditions due to higher ... ( read original story ...)
Tokyo drives Asia stocks higher in light holiday trade
Tokyo stocks led Asian markets higher on Monday ... Volumes in Asia trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. In China, Shanghai stocks opened flat as the yuan strengthened ... ( read original story ...)
Tokyo shares open flat as business confidence weakens
Tokyo stocks opened nearly flat on Monday as fresh data indicated Japan's corporate sentiment weakened, although the business climate in general is seen remaining solid. The benchmark Nikkei 225 index slipped 0.07 percent or 14.29 points to 21,440.01 ... ( read original story ...)
New rules on managing public documents take effect amid Moritomo scandal but critics demand more safeguards
But the Finance Ministry’s document-tampering scandal involving the massively discounted sale of a state land in Osaka to nationalist school operator Moritomo Gakuen has put pressure on the government to take additional measures. The government’s ... ( read original story ...)
Japan’s short-handed firms turn to refugees for labor fix
The public support rate for the Cabinet of Prime Minister Shinzo Abe climbed 3.7 points to 42.4 percent in a weekend opinion poll despite a document-tampering scandal at the Finance Ministry tha... Osaka municipal subway system goes private with launch of ... ( read original story ...)
Bank of Japan Sees Stronger Yen as Threat to Policy Course
The Bank of Japan (BoJ) says the recent strengthening of the yen, along with the still underperforming inflation, are effectively preventing major changes in monetary policy due to the heightened risks of the economy sliding back into disinflation. ( read original story ...)
Tokyo court rejects Shire claim against Roche haemophilia drug
Chugai, which is 60 percent Roche-owned and which developed Hemlibra, said it expected no change to its financial prospects due to the ruling. "Tokyo District Court rendered a decision in favour of Chugai's claim," Chugai said on its website. "(Shire's ... ( read original story ...)
Japan Display to raise $500m to supply key customer Apple
TOKYO -- Japan Display plans to procure about 55 billion yen ($517 ... to 4% below the previous day's close at one point before finishing down 1.5%, while the Nikkei Stock Average closed up 1.4%. The company's free cash flow -- a measure of financial ... ( read original story ...)
BOJ’s Amamiya repudiates view central bank is tapering stimulus
TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Friday rejected market views that the central bank was tapering its bond purchases and seeking to exit its ultra-easy policy. After shifting to a policy targeting interest rates from the ... ( read original story ...)
Nikkei 225 collapses back to 21,000 as risk aversion swoons Tokyo markets
The Nikkei gives back Wednesday's gains, declining into the 21,000.00 major handle. Japan's macro figures are middling, which is pairing poorly with the Japanese Parliament's ongoing document forgery scandal. The Nikkei 225 is declining in the Tokyo market ... ( read original story ...)
Renewables to form core of Japan’s new long-term energy strategy
TOKYO -- Japan would seek to make renewable sources central to its ... aims to reduce carbon emissions. A draft version seen by Nikkei sets no numerical targets for the energy mix and leaves the door open for the use of nuclear energy while aiming to ... ( read original story ...)