Tokyo Cement Company (Lanka) PLC commenced the initial testing of a cutting-edge cement manufacturing plant in Trincomalee at a soft opening ceremony held recently. The fully-automated, hi-tech plant is the company’s fourth mill and is slated to nearly ... ( read original story ...)
Nikkei flat ahead of BOJ policy outcome; weak yen trend pauses
TOKYO, Dec 20 Japan's Nikkei share average was flat in choppy trade on Tuesday morning as the market awaited the Bank Of Japan's policy decision and the safe-haven yen paused its recent weak trend. The Nikkei was flat at 19,388.28 in midmorning trade after ... ( read original story ...)
Bank of Japan lifts view of economic outlook
The Bank of Japan on Tuesday improved its view of the world's number-three economy, providing some relief to the government's stuttering growth drive, as exports pick up on the back of a steep slide in the yen. Policymakers held fire on further stimulus ... ( read original story ...)
Key issues for Japan's economy as BOJ monetary easing stays
TOKYO - Japan's central bank issued an upbeat assessment of the world's third-largest economy when it wrapped up its final meeting of the year Tuesday by keeping its ultra-lax monetary policy unchanged. The Bank of Japan kept its key policy interest rate ... ( read original story ...)
Traders listening for signals from Bank of Japan
Stocks will likely continue their drift higher Tuesday, while traders keep an eye on international headlines. The only expected major news event is the Bank of Japan's monetary policy meeting, which is scheduled to conclude overnight Eastern Time, ahead of ... ( read original story ...)
USJ’s Osaka theme park to also have ‘Dragon Quest’ attraction
Details about the new attraction will be announced later, said USJ. The Osaka-based amusement park is also planning to open a Nintendo-themed area that will feature characters from Nintendo’s games, including “Super Mario,” by 2020. ( read original story ...)
Nikkei rises after market digests BOJ policy outcome
TOKYO Dec 20 Japan's Nikkei share average rose on Tuesday afternoon after the market digested the Bank of Japan's decision to maintain current monetary policy, while the yen's fall versus the dollar lifted overall sentiment. The Nikkei gained 0.6 percent ... ( read original story ...)
Bank of Japan lifts view of economy
Tokyo (AFP) - The Bank of Japan on Tuesday boosted its view of the world's number-three economy as exports pick up on the yen's slide and providing some relief to the government with its growth plan stuttering. Policymakers held fire on further stimulus ... ( read original story ...)
Legoland Japan to open in Nagoya in April 2017
NAGOYA - A new Legoland Japan theme park is set to open in April 2017 in Nagoya, in Japan's Tokai region. The park's operator said on Nov 25, that the park is 80 per cent completed and will hire over 600 staff members, according to The Asahi Shimbun ... ( read original story ...)
Yen Trends Retrace as the Bank of Japan Awaits
- This week’s economic docket is relatively-light, with the one ‘big’ event tonight’s Bank of Japan rate decision. No movement on rates is expected; but will the BoJ look to upgrade economic forecasts so quickly after the start of the Trump rally ... ( read original story ...)
Japan sets sights on improving pay for contract workers
TOKYO (Reuters) - Japan's government has placed a high priority on narrowing the gap in pay and benefits between regular and contract employees as this will raise productivity and consumer spending, said Katsunobu Kato, minister for labour market reform. ( read original story ...)
'Drone City' May Be Built in Tokyo Before 2020, in Time for the Olympics
Think of 2020, with the Olympic Games being held in Tokyo. There will be drone deliveries, driverless taxis, and home robots will be a normal sight in one part of Japan. A Drone City may be functioning with at least 200 flying robots across a 10KM radius. ( read original story ...)
Why is Japanese anime getting big in China?
Japanese anime film Your Name has already been a huge success in its own country. And now it has become the country's most successful film yet at the Chinese box office. Despite the lack of big-name Hollywood stars or expensive stunts, it has taken nearly ... ( read original story ...)
Week Ahead Bank of Japan in the Spotlight
The USD is higher across the board after the Fed finally announced its much awaited rate hike. The market had already priced in the 25 basis points rate hike to the Fed funds rate, but the hawkish tone of the FOMC statement, dot plot and Fed Chair Janet ... ( read original story ...)
Brexit: Japanese banks tell Government they will move UK jobs to Europe within half a year
Ministers have met with top Japanese bank bosses, who reiterated fears about the potential negative impact of Brexit on their UK businesses and urged clarity from the Government about its plans. The Chancellor Philip Hammond has himself conceded on a ... ( read original story ...)
Japan Has Trade Surplus for 3rd Month as Imports Fall
Japan had a trade surplus of 152.5 billion yen ($1.3 billion) in November. The seasonally adjusted trade balance was a surplus of 536.1 billion yen. The results were released as the Bank of Japan begins a two-day monetary policy board meeting. The yen has ... ( read original story ...)