OSAKA – Over a half dozen local governments have officially expressed concern with the way Prime Minister Shinzo Abe’s government has handled revelations that the Finance Ministry deleted information on official documents related to the Moritomo Gakuen ... ( read original story ...)
Japan manufacturer sentiment worsens for first time in 8 quarters
TOKYO -- The mood among Japanese manufacturers deteriorated for the first time ... based on predictions from research institutes compiled by Nikkei group company QUICK. Steelmakers and nonferrous metal refiners are facing tougher conditions due to higher ... ( read original story ...)
Tokyo drives Asia stocks higher in light holiday trade
Tokyo stocks led Asian markets higher on Monday ... Volumes in Asia trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. In China, Shanghai stocks opened flat as the yuan strengthened ... ( read original story ...)
Tokyo shares open flat as business confidence weakens
Tokyo stocks opened nearly flat on Monday as fresh data indicated Japan's corporate sentiment weakened, although the business climate in general is seen remaining solid. The benchmark Nikkei 225 index slipped 0.07 percent or 14.29 points to 21,440.01 ... ( read original story ...)
New rules on managing public documents take effect amid Moritomo scandal but critics demand more safeguards
But the Finance Ministry’s document-tampering scandal involving the massively discounted sale of a state land in Osaka to nationalist school operator Moritomo Gakuen has put pressure on the government to take additional measures. The government’s ... ( read original story ...)
Japan’s short-handed firms turn to refugees for labor fix
The public support rate for the Cabinet of Prime Minister Shinzo Abe climbed 3.7 points to 42.4 percent in a weekend opinion poll despite a document-tampering scandal at the Finance Ministry tha... Osaka municipal subway system goes private with launch of ... ( read original story ...)
Bank of Japan Sees Stronger Yen as Threat to Policy Course
The Bank of Japan (BoJ) says the recent strengthening of the yen, along with the still underperforming inflation, are effectively preventing major changes in monetary policy due to the heightened risks of the economy sliding back into disinflation. ( read original story ...)
Tokyo court rejects Shire claim against Roche haemophilia drug
Chugai, which is 60 percent Roche-owned and which developed Hemlibra, said it expected no change to its financial prospects due to the ruling. "Tokyo District Court rendered a decision in favour of Chugai's claim," Chugai said on its website. "(Shire's ... ( read original story ...)
Japan Display to raise $500m to supply key customer Apple
TOKYO -- Japan Display plans to procure about 55 billion yen ($517 ... to 4% below the previous day's close at one point before finishing down 1.5%, while the Nikkei Stock Average closed up 1.4%. The company's free cash flow -- a measure of financial ... ( read original story ...)
BOJ’s Amamiya repudiates view central bank is tapering stimulus
TOKYO (Reuters) - Bank of Japan Deputy Governor Masayoshi Amamiya on Friday rejected market views that the central bank was tapering its bond purchases and seeking to exit its ultra-easy policy. After shifting to a policy targeting interest rates from the ... ( read original story ...)
Nikkei 225 collapses back to 21,000 as risk aversion swoons Tokyo markets
The Nikkei gives back Wednesday's gains, declining into the 21,000.00 major handle. Japan's macro figures are middling, which is pairing poorly with the Japanese Parliament's ongoing document forgery scandal. The Nikkei 225 is declining in the Tokyo market ... ( read original story ...)
Renewables to form core of Japan’s new long-term energy strategy
TOKYO -- Japan would seek to make renewable sources central to its ... aims to reduce carbon emissions. A draft version seen by Nikkei sets no numerical targets for the energy mix and leaves the door open for the use of nuclear energy while aiming to ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 0.61%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Gas & Water, Power and Chemical sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.61%. Advancing stocks outnumbered falling ones by 2219 to ... ( read original story ...)
Nikkei rises as tech shares rebound, but poised for sizable Q1 losses
Japanese stocks rose on Friday morning as technology firms such as Tokyo Electron and Advantest jumped in sympathy with a rebound in their U.S. counterparts, which were battered this week on concerns over possible government regulation. The Nikkei rose 1.0 ... ( read original story ...)
Nikkei rises as weak yen lifts sentiment; Takeda stumbles
TOKYO, March 29 (Reuters) - Japan's Nikkei share average rose on Thursday morning as a weaker yen lifted risk sentiment, but Takeda Pharmaceutical stumbled after it said it was considering a bid for London-listed Shire that could top $40 billion. ( read original story ...)
Asian Equities Mixed; Nikkei Rises on Softer Yen
Overnight, the S&P 500 slipped 0.3%, while the Dow and the Nasdaq fell 0.1% and 0.9% respectively. Japan’s Nikkei 225 outperformed its regional peers and jumped 1% by 9:38PM ET (01:38 GMT), with a weaker yen being cited as supportive. Softbank Corp. (T ... ( read original story ...)