Tag: finance

The Department of Finance (DOF) said that aid, concessional financing, and investment pledges made by Japan after its Prime Minister, Shinzo Abe met with President Duterte in 2016 have progressed into agreements; several of them to help fund the government ... ( read original story ...)

The sales tax needs to be raised for fiscal consolidation But if the economy is not strong the hike can not proceed Will put together a new primary balance goal next summer Aso knows that the latest indications on the economy are quite positive, so he'll ... ( read original story ...)

Japanese authorities have been wanting wages to rise for years now - the thinking is that this will spur spending and (for the Bank of Japan goal) also inflation. So Aso may be seeing what he wants to see. Or maybe not. If he is right it will be read as ... ( read original ...

The government has allocated ¥20 million from the fiscal 2018 budget to finance research for Japan’s first nationwide survey on middle-aged hikikomori — people who have shut themselves in their homes. The survey, to take place in fiscal 2018 starting ... ( read original story ...)

As the Philippines under President Duterte strengthened ties with its neighbors, it secured $1.26 billion in commitments from Japan last year mainly to finance infrastructure projects, the Department of Finance said Thursday. The grants and soft loans ... ( read original story ...)

Reuters reports comments from the Japanese Finance Minister Taro Aso, as he expresses his take on the wage growth outlook. The economy has changed. Labour environment has shifted. Wage environment has changed. Information on these pages contains forward ... ( read original story ...)

The finance ministry will release the data at 8:50 a.m. Japan time on Jan. 12, Friday (2350 GMT Thursday). Japan's exports accelerated sharply in November led by a stellar sales to China and other parts of Asia, pointing to growing momentum in the world's ... ( read original story ...)

The Nikkei index of 225 leading Japanese shares reached its highest level for 26 years at the end of trading on Tuesday. It added 0.6% to its value to end at 23,849.99 when the markets reopened following a public holiday on Monday - its highest level since ... ( read original story ...)

"Our position on applying maximum pressure will not change," a top Japanese official said. But North Korea can take advantage of any rifts among Japan, the U.S. and South Korea. Nikkei staff writer Sotaro Suzuki in Seoul contributed to this story. ( read original story ...)

The broader Topix ended 0.5 per cent higher at 1,889.29, its highest closing level since June 1991. TOKYO: Japan's Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday, while index heavyweight Fast ... ( read original story ...)

Asian shares edged higher on Tuesday, approaching record highs, while the yen stole the currency spotlight and jumped after the Bank of Japan's slight reduction to its bond purchases reminded investors that it will eventually normalize policy. MSCI's ... ( read original story ...)

HONG KONG (Reuters) - Speculation the Bank of Japan may slow its monetary stimulus this year gripped the currency market on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. While the bond-buying operations ... ( read original story ...)

In Tokyo, exporters were broadly higher, with Sony gaining 0.88 percent to 5,512 yen and Toyota trading up 0.26 percent at 7,572 yen. Banks were also higher, with Mitsubishi UFJ 0.92 percent higher at 43,000 yen and Sumitomo Mitsui Financial rising 1.08 ... ( read original story ...)

TOKYO -- Japan's midcap stocks are catching the eye of investors hoping that emerging companies can turn proprietary technology and unique business models into robust profit growth. Nikkei calculated the aggregate market capitalization of roughly 1,000 ... ( read original story ...)

TOKYO -- Four of Japan's biggest utilities plan to jointly establish a nationwide marketplace for supplementary power to do away with the costly and fragmented auctioning system they have been using all these years. The group plans to get other regional ... ( read original story ...)

Outperforming sectors also included iron and steel , up 2 per cent, non-ferrous metal, up 1.9 per cent,. TOKYO: Japan's Nikkei share average extended the previous session's gains on Friday, probing 26-year highs as banking and brokerage firms rose ... ( read original story ...)