Interest rates are going up in the US, but in the UK they are going nowhere. That, bluntly, was the message from the Bank of England as it announced its latest decision on borrowing costs less than 24 hours after the US Federal Reserve not only tightened ... ( read original story ...)
Japan, Russia set to agree on $2.5bn deal
Discussions of project details are now in the final stages. Among the projects is the joint provision of around 1 billion euros ($1.04 billion) in loans by the Japan Bank for International Cooperation (JBIC) and a financial institution in Europe for ... ( read original story ...)
Japan tops China as largest holder of US Treasury debt
WASHINGTON — Japan surpassed China in October as the largest foreign owner of U.S. Treasury securities, the first time the countries have swapped places in nearly two years. Total foreign holdings fell for a fourth month. The Treasury Department says ... ( read original story ...)
Sanzigen Studio Establishes New Studio in Nagoya
SANZIGEN Animation Studio announced on its official website on Wednesday that it will open a new studio in Nagoya in April. The new studio will be the company's fourth, following its studios in Tokyo, Kyoto, and Fukuoka. SANZIGEN's stated goal with the ... ( read original story ...)
Real Madrid advances to Club World Cup final
YOKOHAMA, Japan -- Real Madrid beat Mexican side Club America 2-0 to reach the Club World Cup final on Thursday and extend its unbeaten run to 36 games. Karim Benzema and Cristiano Ronaldo each scored to help the European champions reach the final on ... ( read original story ...)
Japan, Russia hope to announce economic pact amid territory stalemate
TOKYO - Russia and Japan aren't likely to resolve a long-running territorial dispute, but they hope to announce an economic co-operation agreement after their leaders finish talks in Tokyo on Friday. The two countries have been negotiating the agreement ... ( read original story ...)
Japan casino law excites Asian gaming operators
"[Japan] will be a very interesting market," Chairman Enrique ... a debate also likely to be revived in South Korea. Additional reporting by Nikkei staff writers Mayuko Tani in Singapore, Cliff Venzon in Manila and Kim Jaewon in Seoul. ( read original story ...)
The Latest: Russia, Japan Leaders Discuss Island Dispute
Japanese Prime Minister Shinzo Abe says he and Russian President Vladimir Putin spent much of their three-hour talks Thursday discussing a longstanding territorial dispute and a peace treaty between the two countries. "We had in-depth discussions on a ... ( read original story ...)
Light earthquake: M4.5 quake has struck near Hachijo-jima in Japan
A light earthquake magnitude 4.5 (ml/mb) has occurred on Sunday, 57 km ESE of Hachijo-jima, Japan (35 miles). Global time and date of event 20/11/16 / 2016-11-20 13:15:36 / November 20, 2016 @ 1:15 pm UTC/GMT. The earthquake occurred at a depth of 65.07 km ... ( read original story ...)
Japan poised to be Asia's 2nd-largest casino market
HONG KONG -- Japan has dropped its long-standing ban on casinos, paving the way for the country to become a major player in the multibillion-dollar gambling industry. The Diet, Japan's parliament, passed a bill on Wednesday to legalize casinos and promote ... ( read original story ...)
Osaka University opens genome-editing research center
OSAKA – Osaka University has become the first university in Japan to set up a permanent research facility for genome-editing technologies following the opening of a new center on Wednesday. Genome editing involves technologies to insert and delete or ... ( read original story ...)
Bank of Japan tries a little learning where a mound of money failed
TOKYO (Reuters) - Having spent more than three years and trillions of dollars in a losing battle against deflation, the Bank of Japan is hoping that a little financial education will convince a nation of inveterate savers to put their cash to better use. ( read original story ...)
Nikkei turns negative on profit-taking from 7-day rally
TOKYO Dec 15 Japan's Nikkei share average edged down in choppy trade just before the lunchbreak on Thursday as investors took profits from the seven-day rally after pricing in the U.S. Federal Reserve's decision to raise rates for the first time in a year. ( read original story ...)
Nikkei rises as yen weakens after U.S. raises interest rates
TOKYO, Dec 15 Japan's Nikkei share average rose on Thursday morning as the dollar surged against the yen after the U.S. Federal Reserve raised rates for the first time in a year and signalled further hikes could come at a faster pace than the market had ... ( read original story ...)
Japan’s Car Makers Push Nikkei Higher As Yen Hits 10-Month Low
The Bank of Japan must be in a party mood this morning. Donald Trump‘s surprise win has pushed the Japanese yen about 10% lower since his victory, something the BoJ has not been capable of doing itself. And Federal Reserve‘s hawkish dot plot overnight ... ( read original story ...)
Tokyo's Nikkei down at break as early rally fizzles
The blue-chip index fell 0.6 percent after a seven-day streak of record closes. In Tokyo, financial stocks turned down with Mizuho Financial Group falling 0.27 percent to 219.5 yen and Nomura 0.65 percent off at 1,965 yen. But Hitachi rose 0.69 percent to ... ( read original story ...)