The Nikkei index shed more than 1,000 points at one point ... projecting a net loss for fiscal 2016. Japan Petroleum Exploration shed ¥150, or 6.9 percent, to ¥2,036 after the oil developer downgraded Tuesday its profit projection for the current ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 6.72%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Insurance, Steel and Finance & Investment sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 6.72%. Advancing stocks outnumbered falling ones by ... ( read original story ...)
NCKU, Osaka University Research Team Discovers Silver Erupts Like Volcano at Nanoscale
National Cheng Kung University (NCKU) professor Dr. Shih-Kang Lin working with scientists from Osaka University discovered silver erupting like a volcano at the nanoscale. The research was published in the journal Scientific Reports on October 5 ... ( read original story ...)
Japan’s property market powering ahead
Residential sales for existing condominiums in Osaka also rose slightly by 0.3 percent y-o-y to 7,508 units in the first five months of this year, while existing detached house sales rose by 8.4 percent to 5,642 units. The report noted that land sales are ... ( read original story ...)
Tokyo's benchmark stock index closes up 6.72% in global rally
Tokyo's benchmark stock index closed 6.72 percent higher on ... Among the big gainers, banking giant Mitsubishi UFJ Financial Group soared 11.18 percent to 557.5 yen and brokerage Nomura shot up 11.07 percent to 536.6 yen. Mobile carrier SoftBank rose ... ( read original story ...)
Japan should not hesitate to act if yen spikes rapidly: Ex-MOF Watanabe
Turning to the Bank of Japan, Watanabe said as long as the economy grows steadily, he saw no need for the central bank to ease already massive monetary stimulus further barring big shocks to financial markets. "I don't think further easing would help much ... ( read original story ...)
Tokyo 2020 Olympic medals to be made of recycled metals
Medals for the Tokyo Olympics will be made from old smartphones and other electronic products, organisers said Wednesday, as they look to give the Games an environmentally friendly hue. "Medals made with recycled metals from discarded mobile phones and ... ( read original story ...)
Japan government, central bank to meet on market moves: BoJ
TOKYO: Japan's government and its central bank will hold crisis talks Wednesday on the market convulsions sparked by Donald Trump's strong showing in the US presidential election, which has seen stocks and currencies tumble. "The meeting on exchange of ... ( read original story ...)
Japan govt, central bank to meet on market moves: BoJ
The session will be held at 3 pm (0600 GMT) at Japan's Finance Ministry. Tokyo: Japan's government and its central bank will hold crisis talks Wednesday on the market convulsions sparked by Donald Trump's strong showing in the US presidential election ... ( read original story ...)
Japan finance officials in emergency talks after U.S. election shock
Japan's top economic officials are scrambling to respond to the financial market turmoil unleashed by the U.S. presidential election. The country's finance ministry and central bank were holding an emergency meeting Wednesday afternoon after wild trading ... ( read original story ...)
Japan's top FX diplomat signals readiness to intervene as yen spikes
The finance minister makes the final decision on whether to intervene in the currency market. Asakawa later told reporters he would not comment on whether Japan will step into the market. Senior officials from the Ministry of Finance, Financial Services ... ( read original story ...)
Japan government will take steps in financial markets if needed – Suga
TOKYO (Reuters) - Japan's top government spokesman said on Wednesday the government would take steps in financial markets if needed as it watches for any excessive volatility. Chief Cabinet Secretary Yoshihide Suga made the comment at a news conference ... ( read original story ...)
Japan finance officials in emergency talks after U.S. election
HONG KONG (CNNMoney) - Japan's top economic officials are scrambling to respond to the financial market turmoil unleashed by the U.S. presidential election. The country's finance ministry and central bank were holding an emergency meeting Wednesday ... ( read original story ...)
British American Tobacco to test e-cigarette in Japan
TOKYO/LONDON (Reuters) - British American Tobacco PLC (BAT) plans to test a new tobacco-based cigarette alternative in Japan next month, it said on Tuesday, taking aim at Philip Morris International Inc's popular iQOS and Japan Tobacco Inc's Ploom ... ( read original story ...)
For Japan’s Government Bonds, It’s All Quiet on the Trading Front
Trading in Japan’s government-bond market has nose-dived in October, a month after the central bank announced plans to take more control of long-term interest rates. Average daily trading volume in the world’s second-biggest bond market fell to ¥792.7 ... ( read original story ...)
Why Japanese Banks Lack Deal Mojo
Struggling to make profits grow in their domestic lending businesses, Japan’s banks have languished. Add to their pain negative interest rates and meaty cost structures, and the future is visibly bleak. Yet, not much has been done about it. Bank stocks ... ( read original story ...)