Tag: finance

ZAKA, ZIMBABWE – Under the scorching Zimbabwean sun, cattle seek shade among stunted thorn bushes in the drought-prone district of Zaka, where crops wither due to increasing temperatures and changing weather patterns. Severe lack of rain across southern ... ( read original story ...)

The weak inflation data -- core prices excluding fresh food fell 0.4 percent from a year ago -- come several weeks after Japan's central bank pushed back the timeline for hitting its 2.0 percent inflation target. The BoJ's target is a key part of Prime ... ( read original story ...)

Japan has told Russia the deployment of missiles on disputed islands in the Pacific is "deplorable", Prime Minister Shinzo Abe said Friday, ahead of talks aimed at resolving a decades-old territorial spat. The positioning of coastal defence missiles on two ... ( read original story ...)

TOKYO Japan's core consumer prices marked their eighth straight month of annual declines in October, illustrating the sheer scale of the central bank's struggle to beat deflation and stagnant growth with diminishing policy options. The data will keep ... ( read original story ...)

TOKYO-Japanese consumer prices fell again in October, but deflationary pressure showed some signs of softening-a positive development for beleaguered central bankers. The core consumer price index slipped 0.4% from a year earlier in October, adjusted for ... ( read original story ...)

The data will keep policymakers under pressure to do more to stimulate the economy, with fiscal spending likely the more preferred option as three years of aggressive easing by the Bank of Japan failed to accelerate inflation to its 2 percent target. ( read original story ...)

Nov.24 -- Japan Display is said to be close to winning a bailout from INCJ worth nearly $900M. Bloomberg's Yuji Nakamura reports on "Bloomberg Daybreak: Asia." ( read original story ...)

Tokyo woke up Thursday to its first November snowfall in more than half a century, leaving commuters to grapple with train disruptions and slick streets. Snow began falling before dawn with the mercury approaching zero as a cold weather system moved south ... ( read original story ...)

Nov.23 -- Japan and South Korea have buried some of their traditional bitterness as they take on the security challenge from North Korea, but a new pact to share military intelligence is already worrying China. Bloomberg's Andy Sharp reports on "Bloomberg ... ( read original story ...)

Nov.23 -- Japan has an unwanted title. Its millennials are the gloomiest in the world. Prime Minister Shinzo Abe's so far unsuccessful attempts to revive the economy have left young people expecting a future of struggle. Bloomberg's Sophie Kamaruddin ... ( read original story ...)

TOKYO, Nov 24 Japan's Nikkei share average rose for a sixth day on Thursday as prospects of exporters' earnings improved after the dollar jumped against the yen, helping such stocks as Toyota and Honda. Japanese markets were closed for a national holiday ... ( read original story ...)

11/17 G30 STUDY HIGHLIGHTS RISKS TO FINANC: Rise of Shadow Banking Activities Merit C.. 01:33a LLOYDS BANKING: British taxpayers face 27 billion pound loss from bank bailout 11/23 DJ BANK OF AMERICA: Sting from Merrill's International Shift Lingers ... ( read original story ...)

TOKYO—Profits at Japan’s top banks were hurt by negative interest rates and a stronger yen in the fiscal first half, highlighting challenges in the banking industry. Japan’s biggest lender, Mitsubishi UFJ Financial Group Inc. or MUFG, reported net ... ( read original story ...)

* MUFG H1 net profit down 18 pct to 490.5 bln yen * Mizuho H1 net profit falls 7 pct to 358.2 bln yen * SMFG H1 net profit drops 7.5 pct to 359.2 bln yen * Negative interest rates hurt banks' bottom lines By Taiga Uranaka TOKYO, Nov 14 Japan's top banks ... ( read ...

GOOD YEAR TO RAISE FUNDS As Japan's central bank implemented a policy of negative interest rates at the beginning of the year, exacerbating the difficulty of finding investment yield in an era of low returns, more investors started to look at private ... ( read original story ...)

TOKYO -- The Bank of Japan last week offered to buy bonds at a fixed yield to curb rising interest rates, playing what was seen as an ultimate trump card far earlier than many expected. The BOJ announced its first-ever fixed-rate purchase operation on the ... ( read original story ...)