TOKYO (Reuters) - Japan's inflation in December continued to lag a strong economic revival, leaving the central bank in a dilemma on how to exit crisis-era stimulus policies that even some of its own board members warn will start to hurt more than help if ... ( read original story ...)
Japan is Back — Nikkei Hits 26-Year High, and Yet…
Japanese stocks hit a 26-year high last week to triple in value since hitting bottom in March 2009. See the chart below. But here’s the real story: The Nikkei Index is still 40% below its all-time high of 39,000, which was hit at the end of December 1989. ( read original story ...)
BITCOIN BOOM: Japan steps in as cryptocurrency haven after South Korea and China crackdown
Mr Kiuchi said: “This had led to moves to transfer investment money to Japan, where regulation is relatively slack." Taro Aso, Japanese finance minister said: “I don't think it is good to regulate anything and everything.” South Korea is currently ... ( read original story ...)
France and Japan to scale up military exercises to deter China
PARIS -- France intends to increase joint military exercises with Japan, French Defense Minister Florence Parly has told the Nikkei Asian Review, showing her aim to deter China in the South China Sea. France's Defense and Foreign Affairs ministers are set ... ( read original story ...)
Japan turns into cryptocurrency haven as others crack down
TOKYO -- Japan is fast turning into the world's top haven for cryptocurrencies, drawing benefit from a broader clampdown in China and South Korea on the main digital currency, bitcoin. Authorities in Tokyo are walking a tightrope between protecting ... ( read original story ...)
Bank of Japan is lobbying wrong audience
Haruhiko Kuroda has a communications problem on his hands. It is not the words the Bank of Japan governor is using, though. It is who he is talking to. The BOJ stayed the course on Jan. 23 with the ultra-loose policies Gov. Kuroda rolled out in March 2013 ... ( read original story ...)
Bank of Japan ending QE won’t unleash higher rates, strategist says
As debate swirls over when Bank of Japan Gov. Haruhiko Kuroda will choose to end years of ultra-loose monetary conditions, investors have looked over a crucial question – will halting easy money policies unlock higher rates in Japanese government bonds? ( read original story ...)
Japan exports up 12 per cent in 2017
Japan reports its exports rose 12 per cent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 per cent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 per cent to 3 ... ( read original story ...)
Japan trade surplus tumbles in 2017
Japan's trade surplus dropped 25.1 percent last year as higher ... down 25.1 percent year-on-year, the finance ministry said. But it still marked a second straight year of surplus, and a move away from years spent in the red after the 2011 Fukushima ... ( read original story ...)
Japan’s record exports to Asia raise hopes for fourth-quarter growth
TOKYO (Reuters) - Japan's exports grew for a 13th straight month in December, led by record demand from China and Asia as a whole, raising the prospects for vigorous economic growth in the fourth quarter. The Ministry of Finance (MOF) said on Wednesday ... ( read original story ...)
Japan exports up 12 percent in 2017 in tailwind for growth
TOKYO (AP) — Japan reports its exports rose 12 percent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 percent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 ... ( read original story ...)
agoda: Japan — the hottest international destination for Aussie solo travellers
agoda's one-person booking data reveals 40% growth for solo travel to Japan in 2017 SYDNEY, Jan. 23, 2018 /PRNewswire/ -- agoda, one of the world's fastest-growing online travel booking platforms, has found that Japan is the top international destination ... ( read original story ...)
Kuroda Stock Whispering Returns as Nikkei Blasts Past 24,000
“The Bank of Japan thinks it’s necessary to continue tenaciously with the current powerful easing for the sake of the economy,” Kuroda told reporters. The Nikkei 225 Stock Average leaped over the 24,000 mark for the first time since 1991 while the ... ( read original story ...)
Records linked to controversial Moritomo land deal negotiations unveiled
OSAKA – The Finance Ministry’s Kinki Bureau has kept documents detailing negotiations of a controversial discounted sale of a plot of state-owned land to school operator Moritomo Gakuen, it has been learned. The revelation on Monday marks the first ... ( read original story ...)
Japan paper exports reach another record
TOKYO -- Japan's paper exports climbed to a record volume for a second straight year in 2017, thanks to brisk Chinese demand for cardboard boxes for e-commerce. Exports of paper and paperboard increased 15.8% on the year to 1.58 million tons in 2017 ... ( read original story ...)
Japan central bank keeps lax monetary policy unchanged
TOKYO (AP) -- The Bank of Japan opted Tuesday to keep intact its unprecedented monetary stimulus despite an uptick in growth, sticking with its massive asset purchases and a negative interest rate policy aimed at spurring inflation. The U.S. Federal ... ( read original story ...)