"Looking to the Fed futures market, there's less than a 50 percent chance of one more rate hike this year," said Bill Northey, chief investment officer at U.S. Bank Private Client ... Against its Japanese counterpart, the dollar edged up to 110.78 yen. ( read original story ...)
Yen is set for 100 if shorts get exposed by Fed, says Nomura
While most yen bears have cut back expectations of a Trump reflation trade, others are betting policy divergence between the Bank of Japan and its global peers will increase pressure on the currency. Goldman Sachs Asset Management has added to wagers for ... ( read original story ...)
High equity exposure pays off for Japan’s GPIF
Meanwhile, under the Bank of Japan’s continued quantitative easing programme, the fund has incurred losses on its domestic fixed income positions, generating a negative 0.01% return, compared to the domestic composite benchmark’s negative 0.03%. ( read original story ...)
New York wants Saudi Aramco and other Gulf IPOs: Top NYSE official
Alibaba, the Chinese online retailer, was the most valuable IPO ever when it sold shares on NYSE in 2014 ... as well as a possible presence on an Asian exchange such as Tokyo or Hong Kong. So far, London has advanced the strongest case, with the UK ... ( read original story ...)
Will Aramco sale save Saudi Arabia?
In the West, the record-breaking initial public offering (IPO) of Saudi Aramco is viewed as a fees-fest ... of unprecedented scale that has got stock exchanges from New York to Tokyo salivating at the prospect of the biggest prize in flotation history. ( read original story ...)
Japan firms to mass-produce blood-clotting treatment from stem cells
TOKYO -- Sixteen Japanese companies will spearhead an effort to develop a way to mass-produce from stem cells a blood component necessary for clotting, aiming to get the green light for its use in 2020. Platelet cells are administered to surgical patients ... ( read original story ...)
Japan’s new foreign minister tackles North Korea issue on int’l debut
MANILA (Kyodo) -- Japan's new Foreign Minister Taro Kono agreed Sunday with his regional counterparts to put more pressure on North Korea to abandon its nuclear and missile ambitions as he made his international debut in Manila. After arriving in the ... ( read original story ...)
Nikkei up on boost from Toyota, yen slide; Topix hits 2-year high
TOKYO, Aug 7 (Reuters) - Japan's Nikkei share average rose on Monday morning, led by sharp gains for Toyota Motor Corp after it upgraded its earnings outlook, while a weaker yen following strong U.S. jobs data underpinned overall sentiment. Toyota rallied ... ( read original story ...)
Price hikes, cuts stage tug of war in Japan’s consumer market
Economic recovery no cure for deflation Japan's economic recovery has seen employment stabilize ... and the closely watched 225-issue Nikkei Stock Average is hovering around 20,000. This situation affects the spending habits of consumers, who are ready ... ( read original story ...)
Japan NIKKEI 225 Price Midday Traded Higher Wednesday August 2
The Nikkei 225 Stock Average Index is a major stock market index which tracks the performance of 225 top rated companies listed in the First Section of the Tokyo Stock Exchange. It is a price-weighted index. The Nikkei 225 has a base value of 176.21 as of ... ( read original story ...)
Japan’s Central Bank Chief Deserves a Second Term
Donald Trump isn't the only leader with a big economic hire to make. His Mar-a-Lago golf partner, Japanese Prime Minister Shinzo Abe, has to decide whether to reappoint Haruhiko Kuroda as governor of the Bank of Japan. Kuroda's term expires next April, two ... ( read original story ...)
Yanking the Bank of Japan’s Chain
Based on the simple reflection that arithmetic is more than just an abstraction, we offer a modest observation. The social safety nets of industrialized economies, including the United States, have frayed at the edges. Soon the safety net’s fabric ... ( read original story ...)
BoJ’s Upbeat Take on Easing Is Dangerous, Former Board Member Says
The Bank of Japan is adding to the risks of its aggressive monetary easing policies by discussing only their potential upside, according to recently departed board member Takahide Kiuchi. “Communicating only bullish confidence about the positives is a ... ( read original story ...)
Government steps in to guide ‘rudderless’ Toshiba chip sale
banking advisers involved in the auction and one of the company’s biggest lenders, comes as key figures say progress on the auction has ground to a “slow crawl” and may fizzle altogether. In recent weeks, say the same people, the Japanese government ... ( read original story ...)
Blackwater guard gets new trial for 2007 Baghdad massacre
Chinese navy helps USA hunt for missing marine in disputed seas Japan Standard Time, or around 3 a.m. "I offer ... but "It's a big part", he said. Punjab National Bank's Q1 net at Rs 343 crore; provisions decline Advances also increased by 2.08% at Rs ... ( read original story ...)
Another strong month of hiring sends stock indexes higher
Bank of America climbed 61 cents ... The British FTSE 100 gained 0.5 per cent. Japan's Nikkei 225 fell 0.4 per cent while South Korea's Kospi added 0.4 per cent. Hong Kong's Hang Seng index edged up 0.1 per cent. ( read original story ...)