Higher oil prices power dollar above 114 yen, lifting shares * Oil exploration stocks outperform, with mining sector surging TOKYO Dec 1 A weaker yen helped power Japan's Nikkei share average to 11-month highs on Thursday, while many energy shares made ... ( read original story ...)
Nikkei newspaper employee arrested over hacking of model’s email
An employee of Japanese news organization Nikkei Inc. was arrested Wednesday on suspicion of illegally accessing the email accounts of a popular Japanese model, a former idol group member and two others. Jun Terai, a 29-year-old staffer in the newspaper ... ( read original story ...)
Bank Of Japan Opens Pandora's Box
The highly controversial yield curve targeting by the BoJ creates extreme financial distortions. The demand for USD funding surges amidst curtailed supply, making the provision of USD hedging for Asian savers, corporations and banks prohibitive. BoJ’s ... ( read original story ...)
Japan October factory output steady, November seen solid in sign of tentative recovery
TOKYO (Reuters) - Japan's industrial output rose in October from the previous month and manufacturers say production likely bounced sharply this month, preliminary government data showed on Wednesday, in a sign of a tentative pickup in factory activity. ( read original story ...)
Tokyo organizers promise cost-cutting for 2020 Olympics
TOKYO — Hoping to avoid last-minute financial pressures, Japanese officials said Wednesday they are determined to keep total costs of the 2020 Tokyo Olympics Games below 2 trillion yen ($18 billion) after a three-day debriefing from organizers of the Rio ... ( read original story ...)
RUBBER-Tokyo futures prices after evening session November 29
Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Nov 2016. Contract Day Volume Evening Volume * Nov 230.0 137 - - * Dec 230.9 300 - - * Jan 231.8 530 - - * Feb 234.3 768 234.9 270 * Mar 236.8 4679 237.2 1543 ... ( ...
Bank of Tokyo wants to lend more in Australia
The Bank of Tokyo-Mitsubishi UFJ, Japan's largest and most outward-looking bank, considers Australia a key growth market and wants to lend more, grow its customer numbers and provide new warehousing facilities for local mortgage lenders. Randy ... ( read original story ...)
Japan Tobacco shakes up management to spur global growth
LONDON (Reuters) - Japan Tobacco , the world's third-largest tobacco company, announced management changes on Tuesday designed to accelerate the growth of its international business, which is under pressure to join industry consolidation. ( read original story ...)
Nikkei tracks Wall Street down; stronger yen dents sentiment
TOKYO, Nov 29 Japan's Nikkei share average dropped on Tuesday morning in sympathy with Wall Street, while a stronger yen hurt sentiment and insurers took a breather from recent gains. By midmorning, the Nikkei slipped 0.3 percent to 18,308.50. "The weak ... ( read original story ...)
Japan's wages likely to remain soft: Think tank
Japan Inc. won't raise wages because there is a lack of confidence in the earnings outlook for the long-term, says Japan Center for Economic Research's Jun Saito. ( read original story ...)
Japan jobs, household spending hint at pick up in domestic demand
TOKYO (Reuters) - Japan's unemployment rate in October held steady as the availability of jobs improved and household spending fell at a slower pace, a tentative sign that a robust labour market is lending support to domestic demand. The seasonally ... ( read original story ...)
Thanks To Trump, Bank Of Japan's Kuroda Could Be The Luckiest Central Banker In The World
For now, BOJ’s Governor Kuroda looks like the luckiest central banker in the world. The triumph of Donald Trump as the next U.S. president and the possible Trumponomics lead to an appreciation of the U.S. dollar and an increase in interest rate. ( read original story ...)
Nikkei falls, snaps 7-day winning streak as yen strengthens
TOKYO, Nov 28 Japan's Nikkei share average fell on Monday morning, snapping a seven-day winning streak as investors took profits from its recent gains after the yen strengthened against the dollar. The Nikkei dropped 0.8 percent to 18,243.33 in midmorning ... ( read original story ...)
Bank of Japan Posts First Loss in Four Years
The Bank of Japan incurred a net loss in its half-year earnings for the first time in four years and saw its capital adequacy ratio slide, underscoring the strain its aggressive asset-buying program is putting on its massive balance sheet. Profits from the ... ( read original story ...)
Theme park in Japan puts 5000 dead fish under its ice rink in a venture bound to fail
A JAPANESE amusement park billed it as not only a unique game-changing tourist attraction for Japan, but ‘undeniably a world-first’. Space World theme park in Kitakyushu City, Fukuoka, built a new ice skating rink initiative and teased potential ... ( read original story ...)
Japan's GPIF Finds New Friend in Trump
Nov.27 -- One of the World's most conservative investors has found an unlikely ally in one of its most flamboyant politicians. Bloomberg's Anna Kitanaka reports on "Bloomberg Markets." ( read original story ...)