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 ...)
Value of Japan’s midcap stocks surged 30% in 2017
TOKYO -- Japan's midcap stocks are catching the eye of investors hoping that emerging companies can turn proprietary technology and unique business models into robust profit growth. Nikkei calculated the aggregate market capitalization of roughly 1,000 ... ( read original story ...)
Japan to set up national supplementary power capacity market
TOKYO -- Four of Japan's biggest utilities plan to jointly establish a nationwide marketplace for supplementary power to do away with the costly and fragmented auctioning system they have been using all these years. The group plans to get other regional ... ( read original story ...)
Nikkei probes 26-year highs, Toshiba gains
Outperforming sectors also included iron and steel , up 2 per cent, non-ferrous metal, up 1.9 per cent,. TOKYO: Japan's Nikkei share average extended the previous session's gains on Friday, probing 26-year highs as banking and brokerage firms rose ... ( read original story ...)
Japan’s love of cash is a costly business
TOKYO -- If you go out for drinks with your colleagues in Japan, chances are that you end up doing warikan at the end of the night. And the warikan, or the splitting of the bill evenly, is most likely done in cash despite almost everyone having plastic and ... ( read original story ...)
Japan succession crisis could rip links out of auto supply chain
TOKYO -- Japanese automakers and major parts manufacturers are dealing with one headache after another. "The chief of a supplier has grown old and is less motivated, leading to product quality problems," one industry insider lamented. Another complained of ... ( read original story ...)
Bitcoin: Big in Japan
Known as "Miss Bitcoin" on Japanese social media, Mai Fujimoto says she invests all of her savings in the virtual currency that has proved a huge hit in Japan. "I convert all my disposable income into cryptocurrency," the 32-year-old tells AFP. ( read original story ...)
Japan’s Abe urges central bank’s Kuroda to keep up efforts on economy
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term. Kuroda was ... ( read original story ...)
QE Party Over, even by the Bank of Japan
Bank of Japan Governor Haruhiko Kuroda keeps saying that the BOJ would “patiently” maintain its ultra-easy monetary policy, so too in his first speech of 2018 in Tokyo, on January 3, when he said the BOJ must continue “patiently” with this monetary ... ( read original story ...)