TOKYO: Companies surveyed by the Bank of Japan expect consumer prices to rise 0.7 percent a year from now, lower than their projection for a 0.8 percent increase three months ago. Japanese companies’ inflation expectations eased slightly in September ... ( read original story ...)
Japanese bank demos blockchain payment solution
Japan’s big banks showcase fintech at Ceatec show — Nikkei Asian Review — “A smartphone app lets users buy MUFG Coin with yen from their bank accounts and send the digital currency to others. Remittance costs are kept low thanks to blockchain, the ... ( read original story ...)
Glaring divergence in monetary policy between Japan and the United States becomes ever more apparent
Of course investors can be sure that the Bank of Japan (BOJ) remains resolutely set on maintaining its current ultra-accommodative monetary policy stance until its still distant inflation target of 2 per cent is met. Indeed last week’s summary of the BOJ ... ( read original story ...)
Japan’s Business Outlook Reaches Decade-High, Central Bank Survey Says
TOKYO – The confidence of large Japanese companies in business conditions has reached its highest level in a decade, the Bank of Japan’s quarterly Tankan survey revealed on Monday. Business sentiment among big manufacturers in the country’s key ... ( read original story ...)
Panasonic to speed up M&A activity in Europe
OSAKA -- Panasonic may transfer some functions tied to mergers and acquisitions to Europe so it can speed up overseas takeovers, the company's new chief financial officer told The Nikkei. A Dutch intermediate stockholding company would take on certain ... ( read original story ...)
Tokyo stocks open higher after new records on Wall Street
Tokyo stocks opened higher on Tuesday after Wall Street powered ... Banks were also higher with Mitsubishi UFJ gaining 0.55 percent to 728.5 yen and Sumitomo Mitsui Financial rising 0.13 percent to 4,302 yen. ( read original story ...)
Tokyo stocks close at fresh two-year high
Tokyo's benchmark stock index closed at its highest level in more than two years on Tuesday, as strong manufacturing data pointed to a strengthening US economy while a weaker yen boosted Japanese exporters. The Nikkei 225 index rose 1.05 percent, or 213.29 ... ( read original story ...)
Tokyo stocks up at break after new records on Wall Street
Tokyo stocks rose Tuesday morning, picking up a strong lead from Wall Street which powered to new records, with investor sentiment buoyed by strong US manufacturing data and a weaker yen. The benchmark Nikkei 225 index rose 0.77 percent, or 157.45 points ... ( read original story ...)
Kyushu Financial Group Inc (7180) Is Yet to See Trading Action on Oct 3
“JR Kyushu Shares Surge in Tokyo Debut After $4 Billion IPO” on October 25, 2016. More interesting news about Kyushu Financial Group Inc (TYO:7180) was released by: Bloomberg.com and their article: “JR Kyushu Prices IPO at Top End of Range to Raise $ ... ( read original story ...)
Featured Company News – Blackberry and Tokyo Electron Device Partner Announce an Agreement; Set to Access Blackberry QNX SDP 7.0
Tokyo Electron Device Ltd (TED ... and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. ( read original story ...)
Japan, Hong Kong shares track Wall Street advance
TOKYO (AP) — Shares in Japan and Hong Kong gained Tuesday, tracking an overnight rally on Wall Street, where indexes set fresh record highs. Australia's S&P/ASX 200 fell, and the South Korean and Shanghai markets were closed for national holidays. ( read original story ...)
Japan’s pursuit of fiscal health remains pie in the sky
TOKYO -- Prime Minister Shinzo Abe's plan to channel a portion of consumption tax revenue to education spending raises a red flag as it signals an about-face on the government's commitment to improving Japan's fiscal health. In a Sept. 25 news conference ... ( read original story ...)
After split, Japan’s new opposition parties grasp for policy clarity
TOKYO -- As Japan's opposition cleaves into new liberal and conservative parties for a coming election, policy specifics seem somewhat lost in the shuffle, challenging both blocs to present their own cohesive messages to the voting public. The Democratic ... ( read original story ...)
Japan’s big banks showcase fintech at Ceatec show
TOKYO -- All three of Japan's megabanks are attending the annual Ceatec IT and electronics expo for the first time to show off financial technology from digital currencies to biometric payment authentication. Mitsubishi UFJ Financial Group presented its ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.22%
Investing.com – Japan stocks were higher after the close on Monday, as gains in the Pharmaceutical Industry, Financial Services and Finance & Investment sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.22%. Rising stocks ... ( read original story ...)
Japan is poised to become the leading bitcoin market
And last week, South Korea followed suit in banning ICOs. In their place, look for Japan to become the leading bitcoin market. In April, Japan officially recognized bitcoin as legal currency and will regulate it accordingly. That boosted the price globally ... ( read original story ...)