As debate swirls over when Bank of Japan Gov. Haruhiko Kuroda will choose to end years of ultra-loose monetary conditions, investors have looked over a crucial question – will halting easy money policies unlock higher rates in Japanese government bonds? ( read original story ...)
Japan exports up 12 per cent in 2017
Japan reports its exports rose 12 per cent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 per cent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 per cent to 3 ... ( read original story ...)
Japan trade surplus tumbles in 2017
Japan's trade surplus dropped 25.1 percent last year as higher ... down 25.1 percent year-on-year, the finance ministry said. But it still marked a second straight year of surplus, and a move away from years spent in the red after the 2011 Fukushima ... ( read original story ...)
Japan’s record exports to Asia raise hopes for fourth-quarter growth
TOKYO (Reuters) - Japan's exports grew for a 13th straight month in December, led by record demand from China and Asia as a whole, raising the prospects for vigorous economic growth in the fourth quarter. The Ministry of Finance (MOF) said on Wednesday ... ( read original story ...)
Japan exports up 12 percent in 2017 in tailwind for growth
TOKYO (AP) — Japan reports its exports rose 12 percent in 2017 from a year earlier in a strong tailwind for the economy, while imports jumped 14 percent. The recovery in trade is driving stronger growth in Japan, though the trade surplus dropped 25 ... ( read original story ...)
agoda: Japan — the hottest international destination for Aussie solo travellers
agoda's one-person booking data reveals 40% growth for solo travel to Japan in 2017 SYDNEY, Jan. 23, 2018 /PRNewswire/ -- agoda, one of the world's fastest-growing online travel booking platforms, has found that Japan is the top international destination ... ( read original story ...)
Kuroda Stock Whispering Returns as Nikkei Blasts Past 24,000
“The Bank of Japan thinks it’s necessary to continue tenaciously with the current powerful easing for the sake of the economy,” Kuroda told reporters. The Nikkei 225 Stock Average leaped over the 24,000 mark for the first time since 1991 while the ... ( read original story ...)
Records linked to controversial Moritomo land deal negotiations unveiled
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 ...)
Japan paper exports reach another record
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 ...)
Japan central bank keeps lax monetary policy unchanged
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 ...)
As Japan plans fiscal consolidation, Abe looks for loophole
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 ...)
American contractors swoop in as Japan boosts defense spending
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 ...)
Japan stocks eke out small gains as strong financials offset resources-related stocks
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 ...)
Japanese retail investors pull out of bear fund as Nikkei hits 26-year peak
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 ...)
Nikkei gains, with real estate shares in spotlight
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 ...)
Bank of Japan Sticks to View on 2% Inflation
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 ...)