Tokyo and Seoul led a rally in Asian shares Wednesday, on the back of strong earnings reports across the region including from tech giants Sony (Hanover: SON1.HA - news) and Samsung. The buying, after a muted start to the week in Asia, tracked overnight ... ( read original story ...)
Tokyo stocks end flat ahead of Japan, US central bank decisions
In Tokyo trade Monday, tech giant SoftBank rose 1.31 percent to end at 10,430 yen, while Sony rose 0.72 percent to 4,310 yen. Mizuho Financial closed 0.19 percent lower at 208.4 yen, losing early gains after reports said the bank plans to shed 19,000 jobs ... ( read original story ...)
NRI and Microsoft Japan to establish Financial Digital Innovation Consortium
Tokyo, October 30, 2017 - NRI, a leading global provider of system solutions and consulting service, and Microsoft Japan, today announced a joint decision between the two companies to establish the Financial Digital Innovation Consortium. The Consortium ... ( read original story ...)
Tokyo Financial Exchange Trading Volume In October 2017
The trading volume of Three-month Euroyen futures was 105,742 ( - 18.4% MoM / - 21.1% YoY ) and its average daily volume was 5,035 . See the TABLE 1 for the composition of the trading volume. The total trading volume of FX Daily Futures contracts (Click ... ( read original story ...)
Tokyo Electric Power : FY 2017 Second Quarter Financial Results
Tokyo Electric Power Company Holdings, Incorporated finalized its consolidated FY2017 Second Quarter (April 1 through September 30, 2017) Financial Results today. On the revenue side, electricity sales revenue increased 1.3% from the same period of the ... ( read original story ...)
Mitsubishi UFJ Financial : Corporate Split and Business Transfers under “Functional Realignment” of Group Subsidiaries
Mitsubishi UFJ Financial Group, Inc. The Bank of Tokyo-Mitsubishi UFJ, Ltd. Mitsubishi UFJ Trust and Banking Corporation Corporate Split and Business Transfers under "Functional Realignment" of Group Subsidiaries Tokyo, October 31, 2017--- Mitsubishi UFJ ... ( read original story ...)
Finance news you need to know today
TOKYO — Japanese car maker Subaru is planning to recall around 255,000 cars sold in Japan after admitting using uncertified workers for the safety inspections in two of its plants in the country. MURRAY GOULBURN — Australian dairy cooperative Murray ... ( read original story ...)
Japan’s economy seen climbing for seventh straight quarter
TOKYO -- Japan's economy likely achieved annualized growth of around 1.5% during the three months ended in September for a seventh quarter of uninterrupted expansion, private sector estimates released Tuesday show. The growth projection for real gross ... ( read original story ...)
JAPAN: Nikkei closes dead flat overnight 0.00%
10/30 WSJ denies CNBC denial of Nikkei SoftBank to Drop Effort to Merge Sprint Wit.. 10/30 SoftBank calling off talks to merge Sprint, T-Mobile- Nikkei Asian Review - N.. 10/30 BRIEF-Sumitomo Realty & Development sales likely rose 6% for April-Sept p. ( read original story ...)
The Nikkei 225 is poised for more gains — even as Abe’s arrows fall short
They seemed to achieve nothing for Japan's economy, apparently fluttering to earth, and the media lost interest. REUTERS/Stoyan Nenov The performance of the Nikkei 225, however, suggests that at least some of the arrows, aggressive monetary easing ... ( read original story ...)
Japan central bank keeps policy intact, cuts price outlook
TOKYO — The Bank of Japan has wrapped up a policy meeting with no changes to its ultra-lax stimulus program, but slightly raised its forecast for growth in this fiscal year. The central bank did cut its outlook for inflation for the full fiscal year ... ( read original story ...)
Nikkei slips, as tax talk rattles Wall Street
TOKYO, Oct 31 (Reuters) - Japan’s Nikkei share average slipped on Tuesday, taking its cue from losses on Wall Street after a report that U.S. lawmakers are discussing more gradual corporate tax cuts rather than reducing it more aggressively. The Nikkei ... ( read original story ...)
Yen Rises Ahead of Bank of Japan
The US dollar is lower against most majors after scoring huge gains last week. Political uncertainty as the FBI investigation on Russian collusion in the Presidential elections as well as Fed Governor Jerome Powell as a lead candidate for the U.S. Federal ... ( read original story ...)
The Bank of Japan keeps its monetary policy steady
The Bank of Japan said Tuesday it is holding its monetary policy steady, even as its peers in the U.S. and Europe begin to wind down stimulus. The central bank said in a statement after its two-day meeting that it is maintaining the short-term interest ... ( read original story ...)
Bank of Japan Stands Ground on Easy Money
TOKYO—The Bank of Japan lowered some of its price forecasts and left policy unchanged Tuesday, sticking to its aggressive measures to spur inflation as other central banks around the world continue to pull away from easy money. The Japanese central bank ... ( read original story ...)
Mizuho plans job cuts as Japan’s megabanks embrace AI, robots
TOKYO • The irresistible shift towards digitisation is sweeping through Japan's three megabanks ... are increasingly replacing roles typically handled by thousands of bank employees. Mizuho Financial Group is planning to cut 19,000 jobs over the next ... ( read original story ...)