Japanese banks grapple with ultra-low interest rates

BANKS the world over are wrestling with low interest rates. Nowhere have they grappled for longer than in Japan. Although the Bank of Japan (BoJ) introduced negative rates only in January, almost 20 months after the European Central Bank, its rates have ... ( read original story ...)

BRIEF-Toyobo to merge finance unit in Osaka

Dec 22 Toyobo Co Ltd : * Says it plans to merge its wholly owned finance unit, based in Osaka * Says effective April 1, 2017 Source text in Japanese:goo.gl/JiApRA Further company coverage: (Beijing Headline News) Next In Consumer Goods and Retail ( read original story ...)

R29's Ultimate Guide To Osaka — In 60 Seconds

Aside from the financial investment, it also requires you to have a decent ... we can spare you the endless hours you may spend planning your trip from scratch. Say hello to Osaka, Japan's third largest city, which boasts a burgeoning nightlife and ... ( read original story ...)

Olympic organizers in Tokyo disclose total cost estimate

TOKYO (AP) -- Organizers of the Tokyo Olympics estimate the total cost to host the 2020 Games will be between 1.6 and 1.8 trillion yen ($13-$15 billion). The official cost estimate announced Wednesday was slightly below the promised 2 trillion ($17 billion ... ( read original story ...)

Japan Display to receive $640 million aid from top investor INCJ

TOKYO (Reuters) - Japan Display Inc's state-backed main investor has agreed to provide up to 75 billion yen ($640 million) in aid to the struggling smartphone display maker, in a publicly funded bailout to help it reduce its dependence on Apple Inc. Japan ... ( read original story ...)

Dollar basks in yield glow, Nikkei at one-year peak

The U.S. dollar held near 14-year peaks on Wednesday as global yield spreads moved inexorably in its favor, while a falling yen lifted Japanese shares to a one-year top. The Nikkei added 0.3 percent in thin trade, while Australia’s main index climbed 0.6 ... ( read original story ...)

Nikkei flat ahead of BOJ policy outcome; weak yen trend pauses

TOKYO, Dec 20 Japan's Nikkei share average was flat in choppy trade on Tuesday morning as the market awaited the Bank Of Japan's policy decision and the safe-haven yen paused its recent weak trend. The Nikkei was flat at 19,388.28 in midmorning trade after ... ( read original story ...)

Bank of Japan lifts view of economic outlook

The Bank of Japan on Tuesday improved its view of the world's number-three economy, providing some relief to the government's stuttering growth drive, as exports pick up on the back of a steep slide in the yen. Policymakers held fire on further stimulus ... ( read original story ...)

Key issues for Japan's economy as BOJ monetary easing stays

TOKYO - Japan's central bank issued an upbeat assessment of the world's third-largest economy when it wrapped up its final meeting of the year Tuesday by keeping its ultra-lax monetary policy unchanged. The Bank of Japan kept its key policy interest rate ... ( read original story ...)

Traders listening for signals from Bank of Japan

Stocks will likely continue their drift higher Tuesday, while traders keep an eye on international headlines. The only expected major news event is the Bank of Japan's monetary policy meeting, which is scheduled to conclude overnight Eastern Time, ahead of ... ( read original story ...)

Nikkei rises after market digests BOJ policy outcome

TOKYO Dec 20 Japan's Nikkei share average rose on Tuesday afternoon after the market digested the Bank of Japan's decision to maintain current monetary policy, while the yen's fall versus the dollar lifted overall sentiment. The Nikkei gained 0.6 percent ... ( read original story ...)

Bank of Japan lifts view of economy

Tokyo (AFP) - The Bank of Japan on Tuesday boosted its view of the world's number-three economy as exports pick up on the yen's slide and providing some relief to the government with its growth plan stuttering. Policymakers held fire on further stimulus ... ( read original story ...)

Yen Trends Retrace as the Bank of Japan Awaits

- This week’s economic docket is relatively-light, with the one ‘big’ event tonight’s Bank of Japan rate decision. No movement on rates is expected; but will the BoJ look to upgrade economic forecasts so quickly after the start of the Trump rally ... ( read original story ...)

Japan sets sights on improving pay for contract workers

TOKYO (Reuters) - Japan's government has placed a high priority on narrowing the gap in pay and benefits between regular and contract employees as this will raise productivity and consumer spending, said Katsunobu Kato, minister for labour market reform. ( read original story ...)

Week Ahead Bank of Japan in the Spotlight

The USD is higher across the board after the Fed finally announced its much awaited rate hike. The market had already priced in the 25 basis points rate hike to the Fed funds rate, but the hawkish tone of the FOMC statement, dot plot and Fed Chair Janet ... ( read original story ...)