The 2018 growth estimate factors in the likelihood of the Bank of Japan tightening its record monetary easing policy, the IMF said. Japan's economy expanded in the April-June period, marking six straight quarters of gains in its longest winning streak for ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 0.63%
Investing.com – Japan equities were higher at the close on Tuesday, as gains in the Insurance, Banking and Non-Metal Minerals sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.63% to hit a new 52-week high. Advancing stocks ... ( read original story ...)
Political risk seeps into yen trade as Japan’s Abe faces popular upstart in October election
His rationale is concerns about who the next administration would pick to lead Japan’s central bank, given that Haruhiko Kuroda, who has overseen unprecedented “quantitative and qualitative easing,” comes to the end of his term in April. If Abe’s ... ( read original story ...)
Factbox: Japan main parties’ key election pledges ahead of October 22 vote
Boost Japan's productivity and cope with labour shortages through innovation in such areas as robots, Internet of Things and artificial intelligence. - Maintain the Bank of Japan's ultra-easy monetary policy as debate on withdrawing the stimulus is premature. ( read original story ...)
NBA, Japan’s Rakuten announce exclusive distribution deal
TOKYO — The National Basketball Association and Rakuten Inc. have announced a marketing partnership. The deal announced Tuesday makes the Japanese online giant the exclusive distributor in Japan of all live NBA games. The partnership, Rakuten’s first ... ( read original story ...)
Stock Futures Rise; Pfizer To Divide, Tesla Gets Price Hike
Shares ended Monday 133% above their January IPO price. IBD 50 peer Nvidia (NVDA ... Asian stock markets were all back up and running today, with the Tokyo Stock Exchange reopened and the Nikkei 225 jumping 0.6%. Markets in China also carved higher ... ( read original story ...)
Asia report: Most markets higher on near-full day of trading
In corporate news in Tokyo, Kobe Steel’s shares plunged 21.93% after the company ... 300m worth of stock as part of its second attempt at an initial public offering (IPO) aimed at financing its expansion into North America, despite its rival Blue Apron ... ( read original story ...)
Casio to release Gold Tornado 35th Anniversary G-SHOCK Collection
Tokyo [Japan] Oct. 10 (ANI): Casio Computer Co., Ltd. will celebrate ... Mumbai-based Kaarya Facilities & Services Ltd. plans to enter the capital market with IPO of 1599000 equity shares of Rs. 10 each at a price of Rs. 40 per share, aggregating up ... ( read original story ...)
Kobe Steel’s Falsified Data Is Another Blow to Japan’s Reputation
JR Tokai, a railway company that operates the busiest Shinkansen route in Japan, between Tokyo and Osaka, said that the data discrepancies ... Steel and Takata and Mitsubishi, as well as with financial-reporting improprieties at Toshiba, which admitted ... ( read original story ...)
Asian shares to focus on Wall Street gains and firmer euro
For Asia, Nikkei futures traded in Chicago were up 0.1 percent at 20,845 and Osaka futures were off 0.06 percent at 20,810. Those compared to the benchmark index's previous close of 20,823.51. Down Under, the S&P/ASX 200 was up 0.09 percent in early trade. ( read original story ...)
Nikkei moves closer to 21-year high; Kobe Steel plunges
TOKYO, Oct 10 (Reuters) - Japan’s Nikkei share average moved closer to a 21-year high on Tuesday after a three-day weekend as expectations for continued strength in the U.S. economy supported sentiment, but Kobe Steel’s shares plunged when it said it ... ( read original story ...)
Japan’s elder care schools struggle with new visa rules
"Fewer and fewer Japanese want to join because of the long hours and tough work. It is inevitable that we have to seek help from outside," Kiyoshi Takagi, an HR official at the Sawayakaen elder care center in Yokohama told the Nikkei Asian Review. ( read original story ...)
LNG dev’t gets DOE priority
Ltd.), National Power Corporation, Osaka Gas Manila, Pavilion Energy Pte ... Puno and Peñarroyo Law Offices, International Finance Corporation. ( read original story ...)
BOJ Osaka branch manager: Measures of consumer spending still a little weak, need to monitor closely
You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent ... ( read original story ...)
Tokyo stocks up at break, N. Korea fears ease
Some financial shares were hit by profit-taking, with banking giant Mitsubishi UFJ falling 1.63 percent to 722.8 yen. The dollar fetched 112.68 yen against 112.65 yen in New York and 113.04 yen in Tokyo on Friday. ( read original story ...)
Tokyo stocks close higher as N.Korea fears ease
Tokyo stocks closed higher on Tuesday on relief that North Korea had not yet taken any provocative action to mark an anniversary, but Kobe Steel dived after it admitted falsifying quality data for products shipped to hundreds of clients. The benchmark ... ( read original story ...)