Finance regulators in South Korea are reportedly looking to cooperate with authorities in China and Japan on new rules for cryptocurrency trading. A Jan. 8 report by Yonhap News states that representatives from the Korean Financial Services Commission (FSC ... ( read original story ...)
Investors fear after Japan move the last of the global market ‘punch bowls’ are being taken away
The Bank of Japan is seen as the last grown-up in the room actively filling the global liquidity punch bowl with both hands. That's why a slight tweak to its bond buying program caused a flurry across financial markets Tuesday, sparking speculation it was ... ( read original story ...)
ORIX Corporation Japan injects additional USD 25 Million into its Indian operations
ORIX Corporation Japan (ORIX), World’s Fourth Largest Consumer Finance Company, Japan’s largest Leasing Company and Japan’s Second Largest Self Drive Company, has injected additional USD 25 Mn (Rs 1600 Mn) in ORIX Auto Infrastructure Services Ltd ... ( read original story ...)
PHL-Japan ties emerge stronger under PRRD’s foreign policy rebalancing
The Department of Finance (DOF) said that aid, concessional financing, and investment pledges made by Japan after its Prime Minister, Shinzo Abe met with President Duterte in 2016 have progressed into agreements; several of them to help fund the government ... ( read original story ...)
Japan finance minister Aso remarks on the sales tax hike, budget, and more
The sales tax needs to be raised for fiscal consolidation But if the economy is not strong the hike can not proceed Will put together a new primary balance goal next summer Aso knows that the latest indications on the economy are quite positive, so he'll ... ( read original story ...)
Japan finance minister Aso is bullish on wages
Japanese authorities have been wanting wages to rise for years now - the thinking is that this will spur spending and (for the Bank of Japan goal) also inflation. So Aso may be seeing what he wants to see. Or maybe not. If he is right it will be read as ... ( read original ...
Japan’s first nationwide survey of middle-aged hikikomori in the pipeline
The government has allocated ¥20 million from the fiscal 2018 budget to finance research for Japan’s first nationwide survey on middle-aged hikikomori — people who have shut themselves in their homes. The survey, to take place in fiscal 2018 starting ... ( read original story ...)
Japan pledges $1.26B in grants, soft loans for infra projects
As the Philippines under President Duterte strengthened ties with its neighbors, it secured $1.26 billion in commitments from Japan last year mainly to finance infrastructure projects, the Department of Finance said Thursday. The grants and soft loans ... ( read original story ...)
Japan FinMin Aso is bullish on wages
Reuters reports comments from the Japanese Finance Minister Taro Aso, as he expresses his take on the wage growth outlook. The economy has changed. Labour environment has shifted. Wage environment has changed. Information on these pages contains forward ... ( read original story ...)
Japan seen posting 41st straight current account surplus in Nov
The finance ministry will release the data at 8:50 a.m. Japan time on Jan. 12, Friday (2350 GMT Thursday). Japan's exports accelerated sharply in November led by a stellar sales to China and other parts of Asia, pointing to growing momentum in the world's ... ( read original story ...)
Japan’s Nikkei index hits 26-year high
The Nikkei index of 225 leading Japanese shares reached its highest level for 26 years at the end of trading on Tuesday. It added 0.6% to its value to end at 23,849.99 when the markets reopened following a public holiday on Monday - its highest level since ... ( read original story ...)
Japan, US, South Korea face test on unity over North Korea
"Our position on applying maximum pressure will not change," a top Japanese official said. But North Korea can take advantage of any rifts among Japan, the U.S. and South Korea. Nikkei staff writer Sotaro Suzuki in Seoul contributed to this story. ( read original story ...)
Nikkei hits 26-year high; Fast Retailing top contributor
The broader Topix ended 0.5 per cent higher at 1,889.29, its highest closing level since June 1991. TOKYO: Japan's Nikkei share average hit a 26-year high on Tuesday, helped by gains on Wall Street during a Japanese holiday, while index heavyweight Fast ... ( read original story ...)
Asian shares edge up, yen jumps as Bank of Japan trims bond buying
Asian shares edged higher on Tuesday, approaching record highs, while the yen stole the currency spotlight and jumped after the Bank of Japan's slight reduction to its bond purchases reminded investors that it will eventually normalize policy. MSCI's ... ( read original story ...)
Japan’s central bank trims bond purchases, prompting stimulus withdrawal talk
HONG KONG (Reuters) - Speculation the Bank of Japan may slow its monetary stimulus this year gripped the currency market on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. While the bond-buying operations ... ( read original story ...)
Tokyo stocks extend gains at open
In Tokyo, exporters were broadly higher, with Sony gaining 0.88 percent to 5,512 yen and Toyota trading up 0.26 percent at 7,572 yen. Banks were also higher, with Mitsubishi UFJ 0.92 percent higher at 43,000 yen and Sumitomo Mitsui Financial rising 1.08 ... ( read original story ...)