Japan’s journey to budget surplus gets 2 years longer

TOKYO -- Japan's goal of reaching a primary budget surplus, a measure that excludes debt service costs, is new expected to recede to fiscal 2027 as Shinzo Abe's government seeks to divert tax revenue meant to reduce borrowing to social programs. ( read original story ...)

Saudi bourse ‘taking all measures’ for successful Aramco IPO

The IPO of the world’s largest oil exporter has drawn interest from international stock exchanges in New York, London, Hong Kong, Singapore, Tokyo and Toronto and even spurred US President Donald Trump and UK Prime Minister Theresa May to lobby for the ... ( read original story ...)

Weak earnings push Japanese regional banks toward crisis

TOKYO -- Japan's regional banks are under increasing scrutiny from the country's regulators as their earnings deteriorate due to the Bank of Japan's negative interest-rate policy and a declining population, even while local economic activity starts to pick up. ( read original story ...)

Aramco is said to seek $2bn from Japan’s export agency

Japanese lenders are jostling for position to arrange the loan as a way of getting closer to Aramco and potentially win a role in the IPO, two of the people said. Spokesmen at Aramco and the JBIC declined to comment. The UK government agreed to a $2 ... ( read original story ...)

Nikkei pauses after sharp gains; financial stocks rise

Index-heavy stocks such as chip equipment maker Tokyo Electron tumbled 1.7 per cent. TOKYO: Japan's Nikkei share average took a breather on Wednesday after sharp gains, with some index-heavy stocks losing ground after the index hit a 26-year high in the ... ( read original story ...)

Japan finance minister Aso is bullish on wages

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 ...

Japan pledges $1.26B in grants, soft loans for infra projects

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 ...)

Japan FinMin Aso is bullish on wages

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 ...)