Japan had a trade surplus of 152.5 billion yen ($1.3 billion) in November. The seasonally adjusted trade balance was a surplus of 536.1 billion yen. The results were released as the Bank of Japan begins a two-day monetary policy board meeting. The yen has ... ( read original story ...)
BANK OF JAPAN : Main events scheduled for Tuesday, Dec. 20
Main events scheduled in Japan for Tuesday, Dec. 20: -- Supreme Court to rule on Okinawa government's attempt to block relocation of U.S. military base within prefecture. -- Bank of Japan to announce decision reached at two-day policy meeting from Monday ... ( read original story ...)
BANK OF JAPAN : Japan household assets up 0.6% to 1,752 tril. yen at end of Sept.
The quarterly data also showed the outstanding balance of Japanese government bonds grew 5.0 percent from the previous year to 1,091 trillion yen. Government bonds held by foreign investors gained 11.4 percent to 112 trillion yen, comprising 10.3 percent ... ( read original story ...)
Exclusice – Japan authorities fear rising condo loans could lead to bad debts
TOKYO (Reuters) - Japan is stepping up its supervision of bank lending amid growing concerns a spurt of construction financing for new apartment blocks could be sowing the seeds for bad debts in the future, people involved in the matter say. Small ... ( read original story ...)
Bank Of Japan Meets This Week And Is Talking About Tightening
One reason for the stock market's success has been record global central bank easing and bond buying. The latest leaks out of the BOJ are that they are excited about growth and even in early discussions for tightening. Add to that inflation just jumped in ... ( read original story ...)
VietinBank provides services for Japanese banks
The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has agreed to provide a number of financial services for corporate customers operating in Vietnam of several Japanese banks. The bank struck a trilateral cooperation agreement on ... ( read original story ...)
Tokyo stocks open lower as investors take profits
Tokyo stocks opened lower on Monday following declines on Wall Street, while investors took profits following a recent rally and a stronger yen weighed on demand. The dollar declined against the yen on tensions between the United States and China over an ... ( read original story ...)
Japan eyes record spending, less new debt in 2017/18 budget – draft
TOKYO (Reuters) - Japan's government plans an initial budget of a record 97.45 trillion yen (665.70 billion pounds)for fiscal 2017, while keeping new debt issuance just below this year's level, a draft of the budget seen by Reuters showed. The planned ... ( read original story ...)
Asia stocks find relief as China set to return seized U.S. drone
The dollar will remain strong. One key question is whether the Dow Jones will hit the 20,000 mark," said Koichi Yoshikawa, executive director of financial markets at Standard Chartered Bank in Tokyo. Expectations that U.S. President-elect Donald Trump will ... ( read original story ...)
Japan Nov exports beat expectations as yen tumbles, volumes rise
TOKYO (Reuters) - Japan's export performance improved strongly in November as rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector, handily beating economists' expectations. Ministry of Finance (MOF ... ( read original story ...)
Japan exports hold up on yen's slide
The finance ministry said Japan had a surplus of 152.5 billion yen ($1.29 billion) in November, reversing a year-earlier deficit but smaller than the 227.4 billion yen forecast in a Bloomberg News survey. "Net exports were the main driver of GDP growth ... ( read original story ...)
Japan November exports beat expectations as yen tumbles, volumes rise
TOKYO (Reuters) - Japan's export performance improved strongly in November as rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector, handily beating economists' expectations. Ministry of Finance (MOF ... ( read original story ...)
Japan November exports show signs of recovery as yen tumbles, volumes rise
TOKYO (Reuters) - Japan's exports in November fell at a slower pace as a rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector. Ministry of Finance (MOF) data showed on Monday that exports fell 0.4 percent in ... ( read original story ...)
Japan's Idemitsu to buy 33 percent of Showa Shell by year-end: Nikkei
TOKYO Japanese refiner Idemitsu Kosan Co (5019.T) will acquire one-third of Showa Shell (5002.T) by the end of the year, and the anti-monopoly watchdog is expected to approve their merger proposal as early as next week, the Nikkei business daily said on ... ( read original story ...)
Japan, Russia agree on economic ties; stalemate on territory
TOKYO (AP) -- Russia and Japan agreed Friday to hold talks on joint economic development of four islands at the center of a decades-old territorial dispute between the countries. It was a small step forward that fell far short of breaking the stalemate in ... ( read original story ...)
Nikkei reaches 1-year high as Asian markets get back on track
Japan’s Nikkei stock average reached its highest intraday level since last December on Friday. Asian shares steadied on Friday, tracking U.S. gains, with financials leading Japan’s stock market to a fresh high for the year. Japan’s Nikkei Stock ... ( read original story ...)