The finance ministry said Japan had a surplus of 152.5 billion yen ($1.29 billion) in November, reversing a year-earlier deficit but smaller than the 227.4 billion yen forecast in a Bloomberg News survey. "Net exports were the main driver of GDP growth ... ( read original story ...)
Japan November exports beat expectations as yen tumbles, volumes rise
TOKYO (Reuters) - Japan's export performance improved strongly in November as rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector, handily beating economists' expectations. Ministry of Finance (MOF ... ( read original story ...)
Japan November exports show signs of recovery as yen tumbles, volumes rise
TOKYO (Reuters) - Japan's exports in November fell at a slower pace as a rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector. Ministry of Finance (MOF) data showed on Monday that exports fell 0.4 percent in ... ( read original story ...)
Japan's Idemitsu to buy 33 percent of Showa Shell by year-end: Nikkei
TOKYO Japanese refiner Idemitsu Kosan Co (5019.T) will acquire one-third of Showa Shell (5002.T) by the end of the year, and the anti-monopoly watchdog is expected to approve their merger proposal as early as next week, the Nikkei business daily said on ... ( read original story ...)
Japan, Russia agree on economic ties; stalemate on territory
TOKYO (AP) -- Russia and Japan agreed Friday to hold talks on joint economic development of four islands at the center of a decades-old territorial dispute between the countries. It was a small step forward that fell far short of breaking the stalemate in ... ( read original story ...)
Nikkei reaches 1-year high as Asian markets get back on track
Japan’s Nikkei stock average reached its highest intraday level since last December on Friday. Asian shares steadied on Friday, tracking U.S. gains, with financials leading Japan’s stock market to a fresh high for the year. Japan’s Nikkei Stock ... ( read original story ...)
Japan's Bank of Tokyo-Mitsubishi to open branch in Saudi Arabia
DUBAI Dec 13 Bank of Tokyo-Mitsubishi UFJ has received a licence to open a branch in Saudi Arabia, becoming the first Japanese bank to establish a presence in the kingdom. The bank, part of Mitsubishi UFJ Financial Group, has played a central role in the ... ( read original story ...)
Japan Has ‘Historic Moment’ to Reverse Lost Decades, Says Bank of America
Japan may emerge from its lost decades next year, according to Bank of America Corp. The world’s third-largest economy has a tight job market, easy fiscal policy, and a new monetary program to control domestic borrowing costs and stoke inflation, which ... ( read original story ...)
Bank of Japan to hold negative interest rates, leave JGB yield target unchanged
TOKYO The Bank of Japan is expected to hold its negative interest rates and 10-year government bond yield target steady next week as a weaker yen and positive overseas conditions augur well for Japan's economic prospects, a Reuters poll showed on Friday. ( read original story ...)
Bank of Japan may rethink its 10-year bond yield target
If the BOJ lifts the yield target, it will be seen as tightening, said Izuru Kato, chief economist at Totan Research. "It would be hard to explain why you're doing this before inflation hits 2 per cent." Eugene Hoshiko Interest rate hikes are back on the ... ( read original story ...)
The Bank of Japan will have to fire up its printing press again
Donald Trump's election night victory has sent shockwaves through bond markets around the world. Selling in the US, brought on by the presumption that Trump's protectionist trade policies and plans for massive infrastructure spending will bring back ... ( read original story ...)
Exclusive: Inside the BOJ, rate hikes are back on the radar. Really
TOKYO (Reuters) - Interest rate hikes are back on the radar at the Bank of Japan, for the first time in a decade, as the U.S. Federal Reserve's tightening cycle pushes global bond yields higher, heralding a new era for central banks retreating from post ... ( read original story ...)
BANK OF JAPAN : UK interest rates are going nowhere in 2017
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 ...)
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 ...)