Bank of Japan Trims Inflation Forecasts

TOKYO—The Bank of Japan revised down its inflation forecasts Tuesday following a raft of poor data, but held off expanding stimulus in a sign that Gov. Haruhiko Kuroda has set the bar much higher for taking action. At the end of a two-day meeting, the ... ( read original story ...)

Nintendo cuts profit outlook as yen strength offsets Pokemon

said that earnings from affiliates in the most recent financial quarter totaled 12 billion yen, most of which came from Pokemon-related businesses. "Pokemon GO got a bigger reception than we had expected," Kimishima said at a news briefing in Osaka after ... ( read original story ...)

Japan’s JPX Sees October 2016 Trading Volumes Tick Lower

Japan Exchange Group (JPX), which operates multiple securities exchanges including Tokyo Stock Exchange and Osaka Securities Exchange, has reported its monthly ‎trading volumes for October 2016, which took a step back, ultimately paring the last ‎month ... ( read original story ...)

Nintendo cuts profit forecast as strong yen overwhelms Pokemon

OSAKA, Japan (Reuters) - Japanese videogames maker Nintendo Co cut its annual profit outlook by a third on Wednesday as a strong yen erodes income earned overseas and overwhelms an earnings bounce from its surprise hit smartphone game Pokemon GO. But the ... ( read original story ...)

Japanese Santur Player Returns Home From Iran With a Mission

For this purpose, Iwasaki, 27, is aiming at santur solo performance. He stayed in Iran for four years to expand what he had initially learnt of santur at Osaka College of Music. Before Iwasaki left Iran for Japan, ISNA conducted an interview (published on ... ( read original story ...)

Japan’s Negative Rates Prod Megabanks to Offshore Wind Loans

“Lending for overseas projects will continue so long as there’s no weakening of policies” to support clean energy, said Megumu Murakami, who studies climate change finance for the Japan Research Institute, a unit of Sumitomo Mitsui. “The banks have ... ( read original story ...)

Bank of Japan delays inflation timeline again

Japan's central bank on Tuesday pushed back its timeline for reaching a high-profile inflation target, in the latest acknowledgement that Tokyo's war on deflation is falling way below expectations. After a policy meeting, the Bank of Japan said it now ... ( read original story ...)

Japan factory output, retail sales flat in September

Japan's factory output and retail sales were flat last month, data showed on Monday, painting a bleak picture for the world's number three economy as the central bank kicks off a policy meeting. The lukewarm readings come on the heels of disappointing ... ( read original story ...)

Japan's MUFG launches aviation finance business in the Americas

Mitsubishi UFJ Financial Group Inc (8306.T) has launched a new business in the Americas to help airlines and other companies finance the purchase of planes, company executives told Reuters. The move highlights how large players in the aviation industry ... ( read original story ...)

Japan Sept industrial output stalls in worrying sign for economy

TOKYO (Reuters) - Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. Separate data showed retail ... ( read original story ...)

Japan life insurers look to diversify foreign bond holdings

Japan's life insurers have traditionally stuck to Japanese government bonds (JGBs), but they have diversified their portfolios over the past several years as domestic debt yields have declined sharply under central bank easing. Sticking to their game plans ... ( read original story ...)

Japan's Factory Output Unchanged in September

Oct. 31 -- Japan's industrial production remains unchanged in September, falling short of expectations and is the latest snapshot of Japan's economy as central bankers gather to discuss monetary policy. Bloomberg's Brian Fowler reports on "Bloomberg Markets." ( read original story ...)