The yield on the benchmark 10-year Japanese government bond ended lower Monday on buying after the Bank of Japan said it might carry out a fixed-rate buying operation. The yield on the No. 344, 0.1 percent issue, the main yardstick of long-term interest ... ( read original story ...)
Japan's Shinsei Bank to enter unsecured loan business in Vietnam
TOKYO -- Japan's Shinsei Bank is entering the unsecured loan business in Vietnam, attracted by the country's strong economic growth and young, expanding middle class. For the undertaking, Shinsei will invest in a unit of major local player Military ... ( read original story ...)
BRIEF-Japan to form $900 mln investment fund with Russia – Nikkei
... with Russia - Nikkei * Japan Bank for International Cooperation, Russian Direct Investment Fund each to contribute roughly half to fund totalling around $902 million for launch in 2017 - Nikkei Source text - s.nikkei.com/2fV8pCe Next In Market News ( read original story ...)
Rising US dollar reduces pressure on Bank of Japan to act
Bank of Japan at the start of the year reacted by surprisingly lowering its interest rates on part of the bank reserves into negative territory. In its September meeting, the central bank changed its monetary policy strategy. According to the new strategy ... ( read original story ...)
Japan Post Bank cuts back its holdings in JGBs
Japan Post Bank (JPB), the banking unit of Japan Post Holdings, reported a decline in net interest income for the six months ended September 30, following its decision to trim its holdings in Japanese government bonds (JGBs). According to JPB’s latest ... ( read original story ...)
Tsunami hits Japan after strong quake, nuclear plant briefly disrupted
TOKYO (Reuters) - A powerful earthquake rocked northern Japan on Tuesday, the Japan Meteorological Agency said, generating a tsunami that hit the same region devastated by a massive quake, tsunami and nuclear disaster in 2011. The earthquake, which was ... ( read original story ...)
Japan logs $4.47 bn trade surplus in October
Japan saw its second consecutive trade surplus in October ... it was up almost 15 percent on-year against the dollar last month, which the finance ministry said hit export values for key products such as vehicles and steel. However, the weak reading ... ( read original story ...)
Japan October exports fall more than expected as strong yen drags
TOKYO Japan's exports fell in October for a 13th consecutive month and by more than expected as the strength of the yen and sluggish foreign demand weighed on trade, although current yen weakness could change the outlook. Ministry of Finance (MOF ... ( read original story ...)
Japan Imports Continue Decline, Exports Fall More Than Forecast
(Bloomberg) -- Japan posted a trade surplus for a second straight month in October, according to data released by the Ministry of Finance on Monday. The surplus was driven by a continued decline in the value of imports, which have fallen faster than exports. ( read original story ...)
Tokyo Launches New Drive to Become Leading Financial Centre
Tokyo is set to relaunch a bid to establish itself as Asia’s leading financial centre, according to a report today in the Financial Times. The effort is being spearheaded by Tokyo Governor Yuriko Koike and will call on global investment banks to reverse ... ( read original story ...)
Tokyo stocks up on weaker yen by break
Tokyo stocks rose Monday morning to a 10-month high as the ... with Sony up 1.48 percent at 3,283.0 yen and Hitachi also gaining 2.28 percent at 608 yen. The finance ministry announced just before markets opened that Japan posted a second successive ... ( read original story ...)
Tokyo stocks at 10-month high on weaker yen
Tokyo stocks rose to a 10-month high on Monday as the dollar ... but market heavyweight Fast Retailing fell 0.54 percent to 39,970 yen. The finance ministry announced just before markets opened that Japan posted a second successive trade surplus, of ... ( read original story ...)
Nikkei edges up, hovers at 10-1/2-month high as weak yen supports
TOKYO, Nov 21 Japan's Nikkei rose on Monday morning, hovering at 10-1/2-month highs after the yen weakened further, but gains could be limited on investor caution after the market's recent sharp rally. The Nikkei share average rose 0.6 percent to 18,072.01 ... ( read original story ...)
World’s Biggest Comeback Breathes Life Into Japan’s Equity Bulls
So say Citigroup Inc., AllianceBernstein and Bordier & Cie, who all see further gains for Japanese shares after the Nikkei 225 Stock Average climbed more than 20 percent from this year’s low. The $5 trillion market has outperformed all its developed ... ( read original story ...)
Asian markets rise, Nikkei hits 10-month high in intraday trading
A weaker yen sent Japan’s Nikkei to a 10-month high on Friday, helping drive gains across key Asian markets as robust U.S. economic data buoyed expectations of an interest-rate hike next month. The Nikkei Stock Average NIK, +0.80% was up 0.8% ... ( read original story ...)
Japan, Peru pledge to step up effort for early TPP approval
LIMA (Reuters) - Japanese and Peruvian leaders said on Friday they will work harder to put into force a Pacific rim trade pact as early as possible, pledging support for the 12-nation accord with an uncertain future. "The two leaders have committed ... ( read original story ...)