Tag: finance

OSAKA – The Finance Ministry’s Kinki Bureau has kept documents detailing negotiations of a controversial discounted sale of a plot of state-owned land to school operator Moritomo Gakuen, it has been learned. The revelation on Monday marks the first ... ( read original story ...)

TOKYO -- Japan's paper exports climbed to a record volume for a second straight year in 2017, thanks to brisk Chinese demand for cardboard boxes for e-commerce. Exports of paper and paperboard increased 15.8% on the year to 1.58 million tons in 2017 ... ( read original story ...)

TOKYO (AP) -- The Bank of Japan opted Tuesday to keep intact its unprecedented monetary stimulus despite an uptick in growth, sticking with its massive asset purchases and a negative interest rate policy aimed at spurring inflation. The U.S. Federal ... ( read original story ...)

TOKYO -- Japan's Prime Minister Shinzo Abe plans to use hefty supplementary budgets over the next several years to ramp up economic stimulus even as a fiscal consolidation plan due out in June urges restraint. As the Council on Economic and Fiscal Policy ... ( read original story ...)

TOKYO -- Japan plans to spend record sums on defense in fiscal 2018, but the gains will flow not to high-tech Japanese manufacturers but to US companies backed strongly by President Donald Trump. This has dismayed Japanese corporates who watched Mr Trump ... ( read original story ...)

TOKYO: Japanese stocks eked out small gains on Monday, with strength in securities and insurers offsetting falls in resources-related sectors including trading houses, steelmakers and shippers. The Nikkei index was flat at 23,816.33 and the broader Topix ... ( read original story ...)

TOKYO (Reuters) - Japanese retail investors are pulling out of a popular bear market fund as a rally in the benchmark Nikkei index to 26-year highs prompts many market participants to ditch their contrarian strategies. The fund is designed to pay investors ... ( read original story ...)

TOKYO, Jan 23 (Reuters) - Japan’s Nikkei share average pushed higher on Tuesday, reaching for fresh multi-decade highs, with real estate and precision machinery shares gaining. The Nikkei was up 0.9 percent at 24,037.86 at the end of morning trade. ( read original story ...)

TOKYO—The Bank of Japan stuck to its view that inflation will likely reach 2% in two years and left policy unchanged Tuesday, but offered no new clues on whether it will join other global banks this year in dialing back its support for the economy. ( read original story ...)

We talked last week about the prospects of a government shutdown and the little-to-no impact it would likely have on markets. Here we are, with a shutdown as we open the week, and stocks are on to new record highs. Oil continues to trade at the highest ... ( read original story ...)

The Bank of Japan maintained its massive monetary stimulus and kept its price and economic forecasts unchanged. The central bank kept its policy interest rates and asset purchases unchanged, it said in a statement released on Tuesday, a result forecast by ... ( read original story ...)

As a siren warned of an approaching North Korean missile, hundreds of people in central Tokyo hurried for cover in buildings ... The budget for the financial year starting in April includes funds for a new land-based missile defense system, which will ... ( read original story ...)

Shuji Fukuda, president of Taiheiyo Cement, Japan's largest cement supplier, said it is important for his company to cut debt. "Sales amounted to 1 trillion yen and interest-bearing debts also amounted to 1 trillion yen," Fukuda told the Nikkei in a recent ... ( read original story ...)

The monthly poll, which tracks the Bank of Japan's (BOJ) closely-watched tankan quarterly survey, followed a key gauge of capital spending out last week showing Japan Inc's readiness to spend some of their huge cash pile, potentially spurring a virtuous ... ( read original story ...)

As trade officials gather in Tokyo this week to try and forge ahead with a trade pact that U.S. President Donald Trump abandoned last year, the new 11-member club risks getting bogged down by resistance from Canada. The member countries of the ... ( read original story ...)

DLA Piper has snagged two senior partners from Jones Day in Tokyo to upgrade two of its practice groups. The firm has appointed Kaoru Umino and Dan Matsuda as partners and has given them leadership roles. Umino will helm the global firm’s finance and ... ( read original story ...)