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 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 ...)

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 ...)

Japan's Diet votes yes to more foreign care workers

TOKYO -- Legislation passed Friday opens more doors for foreign-born nursing care professionals to work in Japan, a move taken to address a labor shortage. The measures, approved by the upper house across party lines, take effect next year. Nursing care ... ( read original story ...)

Bank of Japan gets serious on yield-curve control

The Bank of Japan has put its "yield-curve control" plan into practice. On Nov. 17 the central bank offered to buy shorter-dated bonds in unlimited amounts, the first time it has wielded the tools it introduced two months ago. This episode hasn't cost the ... ( read original story ...)

Five Bright Spots for Japan Banks Burdened by Negative Rates

That’s all welcome news for the Tokyo-based banks, which this week reported lending income fell for a fifth straight quarter as interest margins continued to shrink under the Bank of Japan’s negative-rate policy. Prime Minister Shinzo Abe met with the ... ( read original story ...)

Japanese monetary policy and the property market

Earlier this year, the Bank of Japan (BoJ) became the latest central bank to experiment with Negative Interest Rate Policy (NIRP). They followed this up in September with even further unconventional monetary policy, which they have called "Qualitative and ... ( read original story ...)

U.S. Treasury yields subside, Asian stocks steady

Japanese government bond yields also pulled back from multi-month highs after the Bank of Japan conducted a special fixed-rate bond buying operation for the first time, firing a warning shot against excessive yield moves. The dollar index, which measures ... ( read original story ...)