Tokyo experienced its first November snowfall in 54 years on Thursday. Residents of the Japanese capital were taken by surprise, as the temperatures around this time of the year usually range from 10C to 17C. The snow was caused by an unusual cold front ... ( read original story ...)
Tokyo drift: Japanese capital sees first November snow storm in 54 years
Tokyo residents woke up Thursday to the first November snowfall in more than 50 years. An unusually cold air mass brought wet snow to Japan's capital. Above-freezing temperatures kept the snow from sticking in most places, though it did accumulate on ... ( read original story ...)
Snow falls in November in Tokyo for first time in 54 years
A man stands near the gate in the snow at Kanda Myojin shrine in Tokyo, Thursday.Tokyo residents have woken up to the first November snowfall in more than 50 years. (AP Photo) The Japanese capital of Tokyo on Thursday was hit by its first November snow in ... ( read original story ...)
Nikkei rises for 6th day as yen weakens; Topix gains for 10th day
TOKYO, Nov 24 Japan's Nikkei share average rose for a sixth day on Thursday as prospects of exporters' earnings improved after the dollar jumped against the yen, helping such stocks as Toyota and Honda. Japanese markets were closed for a national holiday ... ( read original story ...)
BANK OF JAPAN : Banknote issue, bill clearings
11/17 G30 STUDY HIGHLIGHTS RISKS TO FINANC: Rise of Shadow Banking Activities Merit C.. 01:33a LLOYDS BANKING: British taxpayers face 27 billion pound loss from bank bailout 11/23 DJ BANK OF AMERICA: Sting from Merrill's International Shift Lingers ... ( read original story ...)
Japan’s Bank Earnings Hindered by Negative Rates, Stronger Yen
TOKYO—Profits at Japan’s top banks were hurt by negative interest rates and a stronger yen in the fiscal first half, highlighting challenges in the banking industry. Japan’s biggest lender, Mitsubishi UFJ Financial Group Inc. or MUFG, reported net ... ( read original story ...)
WRAPUP 2-Japan top banks' H1 profits hit by Bank of Japan's negative rate policy
* MUFG H1 net profit down 18 pct to 490.5 bln yen * Mizuho H1 net profit falls 7 pct to 358.2 bln yen * SMFG H1 net profit drops 7.5 pct to 359.2 bln yen * Negative interest rates hurt banks' bottom lines By Taiga Uranaka TOKYO, Nov 14 Japan's top banks ... ( read ...
RPT-Japanese private equity emerging from its torpor
GOOD YEAR TO RAISE FUNDS As Japan's central bank implemented a policy of negative interest rates at the beginning of the year, exacerbating the difficulty of finding investment yield in an era of low returns, more investors started to look at private ... ( read original story ...)
Central bank plays trump card early to shock markets straight
TOKYO -- The Bank of Japan last week offered to buy bonds at a fixed yield to curb rising interest rates, playing what was seen as an ultimate trump card far earlier than many expected. The BOJ announced its first-ever fixed-rate purchase operation on the ... ( read original story ...)
Japan's Asakawa says Trump presidency won't change Japan forex policy: Nikkei
TOKYO Japan's top currency diplomat Masatsugu Asakawa said there will be no change to Japan's currency policy after U.S. President-elect Donald Trump forms his administration, the Nikkei newspaper reported on Thursday. Japan guides exchange-rate policy ... ( read original story ...)
Japan Nikkei PMI Points to Sustained Manufacturing Growth in November
A private gauge of Japanese manufacturing activity weakened unexpectedly this month, but remained firmly in positive territory as output, new orders and exports rose. The Markit/Nikkei flash manufacturing purchasing managers’ index (PMI) came in at 51.1 ... ( read original story ...)
Japan stocks rise to near 11-mth high, dollar bulls continue charge
The common currency has dropped nearly 4 percent so far in November. Japan's Nikkei was up 1.1 percent, touching its highest level since early January. "If you want to hedge or profit from a 'make America normal again' trade the best way is through ... ( read original story ...)
Japanese stocks could be ready to take off
Credit Suisse upgraded Japanese equities to overweight and increased its mid-2017 target for the Nikkei to 20,000. The outlook was based on the expectation of a weaker yen adding to Japanese company earnings. The Bank of Japan is expected to increase ... ( read original story ...)
The Japanese yen is whipping around after a powerful earthquake shook the nation
a Tsunami three metres high may strike Japan’s east coast. Residents in the region, including the Fukushima prefecture, have been advised to flee coastal areas. Here’s the USD/JPY chart: Markets Insider Read the original article on Business Insider ... ( read original story ...)
Japan’s nuclear-reactor export business loses a customer in Vietnam
HANOI – Vietnam’s National Assembly has voted to abandon plans to build two nuclear power plants with Russia and Japan, after officials cited lower demand forecasts, rising costs and safety concerns. The vote Tuesday to scrap the country’s first ... ( read original story ...)
Economic partnership with Japan has developed extending beyond trade and tourism- SLJBCC President
The President of the Sri Lanka – Japan Business Co-operation Committee of the Ceylon Chamber of Commerce Daya Weththasinghe says that in recent years, Sri Lanka’s economic partnership with Japan has developed extending beyond trade and tourism. ( read original story ...)