* MUFG H1 net profit down 18 pct to 490.5 bln yen * Mizuho H1 net profit falls 7 pct to 358.2 bln yen * SMFG H1 net profit drops 7.5 pct to 359.2 bln yen * Negative interest rates hurt banks' bottom lines By Taiga Uranaka TOKYO, Nov 14 Japan's top banks ... ( read ...
RPT-Japanese private equity emerging from its torpor
GOOD YEAR TO RAISE FUNDS As Japan's central bank implemented a policy of negative interest rates at the beginning of the year, exacerbating the difficulty of finding investment yield in an era of low returns, more investors started to look at private ... ( read original story ...)
Central bank plays trump card early to shock markets straight
TOKYO -- The Bank of Japan last week offered to buy bonds at a fixed yield to curb rising interest rates, playing what was seen as an ultimate trump card far earlier than many expected. The BOJ announced its first-ever fixed-rate purchase operation on the ... ( read original story ...)
Japan's Asakawa says Trump presidency won't change Japan forex policy: Nikkei
TOKYO Japan's top currency diplomat Masatsugu Asakawa said there will be no change to Japan's currency policy after U.S. President-elect Donald Trump forms his administration, the Nikkei newspaper reported on Thursday. Japan guides exchange-rate policy ... ( read original story ...)
Japan Nikkei PMI Points to Sustained Manufacturing Growth in November
A private gauge of Japanese manufacturing activity weakened unexpectedly this month, but remained firmly in positive territory as output, new orders and exports rose. The Markit/Nikkei flash manufacturing purchasing managers’ index (PMI) came in at 51.1 ... ( read original story ...)
Japan stocks rise to near 11-mth high, dollar bulls continue charge
The common currency has dropped nearly 4 percent so far in November. Japan's Nikkei was up 1.1 percent, touching its highest level since early January. "If you want to hedge or profit from a 'make America normal again' trade the best way is through ... ( read original story ...)
Kitchen Pro Files: Chef Mitsuharu Tsumura, Master of Nikkei Cuisine
Combining his Japanese and Peruvian heritage, Lima-born Chef Mitsuharu Tsumura last month gave diners at Shangri-La at the Fort, Manila, a one of a kind Nikkei culinary experience. "Since it's the first time in Manila and many people don't really know ... ( read original story ...)
Credit Suisse Goes Bullish On Nikkei
Readers of this blog have complained that the Nikkei 225 is not rallying as fast as the yen is weakening. Credit Suisse appears to share that sentiment. Credit Suisse raised its weighting in Japanese stocks to Overweight, now seeing Nikkei to hit 20,000 by ... ( read original story ...)
Market Scramble: US jitters over dollar could dampen Japan rally
TOKYO -- Though Japan stock investors are feeling bullish thanks to the dollar's recent gains against the yen, some are keeping a wary eye on the U.S. amid concern that the greenback's impact on profits there could cool sentiment more broadly. The Nikkei ... ( read original story ...)
Latest Fukushima quake puts Japan's preparations to the test
TOKYO -- Thanks to robust disaster preparation, northeast Japan escaped a strong earthquake early Tuesday with minimum damage and injuries, but snags during tsunami evacuations and less-than-timely information from authorities leave room for improvement. ( read original story ...)
The Latest: Japan earthquake an aftershock of 2011 quake
The Japan Meteorological Agency says the strong earthquake that struck Tuesday off the coast of Fukushima prefecture was an aftershock of the magnitude 9.0 earthquake that spawned a deadly tsunami in the same region in 2011. The agency warned that another ... ( read original story ...)
Nikkei posts 5-day winning streak, earthquake impact seen limited
A powerful earthquake that hit northern Japan in the early morning had only a limited impact on the market. The Nikkei rose 0.3 percent to 18,162.94, its highest close since early January. The broader Topix gained 0.3 percent to 1,447.50 and the JPX-Nikkei ... ( read original story ...)
Nikkei pauses after rally, earthquake impact seen limited
... after a strong rally and as investors pondered the impact of a powerful earthquake that hit northern Japan. Before the Tokyo market opened, Nikkei futures traded in the United States briefly slipped after the quake, which also triggered a tsunami. ( read original story ...)
FT in Talks on Acquisitions Year After Nikkei Deal
The Financial Times is in talks to buy companies that strengthen its digital subscription business as the newspaper capitalizes on greater financial support from its new owner, Japan’s Nikkei Inc., FT Chief Executive Officer John Ridding said. ( read original story ...)
Japan boosts ties with Argentina
Japan's Prime Minister Shinzo Abe vowed to boost trade and investment with Argentina during a state visit Monday to the country with Latin America's third-biggest economy. Argentina currently lags behind its neighbors Brazil and Chile in doing business ... ( read original story ...)
Financial Times in Talks on Acquisitions Year After Nikkei Deal
The Financial Times is in talks to buy companies that strengthen its digital subscription business as the newspaper capitalizes on greater financial support from its new owner, Japan’s Nikkei Inc., FT Chief Executive Officer John Ridding said. ( read original story ...)