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JPY rallies on comments from Japanese EconMin USD bullish momentum picking up
USD/JPY traded 100 pips lower from the Friday close during early interbank trade after the Japanese EconMin said over the weekend that the Yen correction had gone far enough. The USD index broke above an important technical resistance level at 84.10 on Friday and bullish dollar momentum seems to be picking up some steam. There are no data releases of note on today's calendar and most of the ...
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TABLE-Foreign brokers set to buy Japanese stocks
TOKYO, May 20 (Reuters) - Following are orders for Japanese stocks placed through six foreign securities houses before the start of trade on Monday. Japanese Stocks: BUY 14.0 million ...
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Japan Stock Futures Rise as U.S. Data Tops Estimates Yen Gains
stock futures rose, indicating the Nikkei 225 Stock Average will extend gains that took it the highest level in 5 1/2 years, after U.S. leading indicators and consumer sentiment advanced more than estimated. The yen gained against the dollar. Nikkei 225 Stock Average futures climbed 1.1 percent, after the gauge closed at the highest level since December 2007. The yen climbed as much as ...
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Japan Data On Tap For Monday
Japan is scheduled to release a batch of data on Monday, highlighting a modest day for Asia-Pacific economic activity. On tap are final March figures for the leading and coincident indexes, plus April numbers for machine tool orders, convenience store sales, department store sales and Tokyo condominium sales. In addition, the Cabinet Office will release its monthly economic report for May.The ...
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Analysis - Little sign Abe can shake up Japans inbound FDI
By Stanley WhiteTOKYO (Reuters) - Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades.Prime Minister Shinzo Abe pledged to make Japan "the world's easiest country for companies to do business in" as part of his economic revival plan, which so far has been largely met with ...
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Japans Sham Currency War - The Hidden Objective Behind Japans Massive Kamikaze Quantitative Easing
US$ dollars have been flooding the financial markets ever since Bernanke launched quantitative easing, allegedly to turnaround the US economy. These huge amounts of US$ toilet papers are mainly in financial markets (and in central banks) outside of the United States. A huge chunk is represented as reserves in central banks led by China and Japan. If truth be told, the real value of the US$ ...
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North Korea fires fourth missile in two days into Sea of Japan
North Korea has fired its fourth missile in two days despite international condemnation against the tests. Meanwhile, UN chief Ban Ki-moon urged a return to talks on the Korean peninsula to mitigate ...
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Hashimoto says not to withdraw comfort women remarks
Toru Hashimoto, co-head of Nippon Ishin No Kai (Japan Restoration Party), told Shintaro Ishihara, the other co-leader of the Japanese opposition party, on Sunday that he has no intention to withdraw his recent remarks that have triggered outrage both at home and ...
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Abe to focus on advanced medical technology
Abe showed the plan when he inspected a new cancer therapy center in Tosu, Saga Prefecture, southwestern Japan, where heavy ion beam will be used to destroy cancerous tissues in a method called radiotherapy. Abe pointed out that when he toured Russia and some Middle East nations recently, he heard officials of these countries say they want to introduce Japan's advanced ...
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IAEA inspector backs pumping Fukushima groundwater into sea
A possible solution to the increasing amount of contaminated water inside the crisis-hit Fukushima Daiichi nuclear power plant could be to pump groundwater into the sea before it gets into the reactor buildings, as planned by the plant operator, the head of international inspectors has ...
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Sumo Hakuho flattens Aran to kick off second week
Hakuho kicked off the second week of action with another swashbuckling win to keep his unblemished record intact, mowing down Russian Aran at the Summer Grand Sumo Tournament on ...
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Sports Karuturi Sports beat Bandari as Sony win
It was Thika United, who went up first in the match after John Wanyonyi scored in the 23rd minute. The move was initiated by Kennedy Otieno, who picked a loose ball in the middle of the pack and shot on the turn. The goal bound shot was too fast for Joseph Ruto in goal. He palmed it allowing a waiting Wanyonyi to simply tap it home. Mathare United were back in the match after ten minutes and it ...
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Why Japan Is Bad For The World
Japan continues to be the world's biggest financial story. The consensus seems to be that the country's extraordinary economic measures are good for both itself and the world. I've detailed previously how Japan's efforts are likely to have terrible domestic economic consequences, whether they succeed or not. Today, I'm going to explore the latter idea: that Yen ...
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North Korea Launches Four Short-Range Missiles Over the Weekend
This undated picture, released by North Korea's official Korean Central News Agency (KCNA) on May 13, 2013 shows North Korean leader Kim Jong Un, accompanied by his wife Ri Sol Ju (2nd L), enjoying a performance given by the Song and Dance Ensemble of the Korean People's Internal Security ...
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Amari wants wage talks with bigwigs
Economic revitalization minister Akira Amari revealed Sunday that he plans to open talks with national labor and management representatives on how to convince companies to raise wages. Amari said on a TV program that improved corporate earnings resulting from ';Abenomics,'; the moniker for the yen-weakening, deflation-busting plans of Prime Minister Shinzo Abe, could lead to a hike in ...
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High school teams from Hyogo Nara win U.N. negotiating awards
Give and take: A Japanese student (center), playing the role of a diplomat, negotiates with other students during a mock U.N. meeting Saturday in New York. | ...
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Groundwork being laid for rise of fuel cell cars
Full-service future: A worker at a gas station pumps hydrogen into a fuel cell car in April in Ebina, Kanagawa Prefecture. The station, operated by JX Nippon Oil & Energy Corp., is the first in the nation to offer both gasoline and hydrogen fuel. | ...
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What the Bloomberg terminal scandal reveals about the media and its money-making ways
Former Prime Minister Silvio Berlusconi’s private disco featured not only aspiring showgirls performing striptease acts as sexy nuns and nurses, but one woman dressed up as President Barack Obama and a prominent Milan prosecutor whom the billionaire media mogul has accused of persecuting him, ...
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Facebook playing catch-up a year after flawed IPO
WASHINGTON - After a market debut marred by technical glitches and a deep dive in the company’s stock price, Facebook has spent the past year focused on its biggest weaknesses: how to make money and keep its more than 1 billion users tethered to the social network. The results have been mixed. The company’s stock price has recovered some of its worst losses, and Facebook has ...
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Dogs give comfort — and controversy — in court
They were the first: Kelly Dempsey sits with her twin daughters Jordan (left) and Erin Barker, 17, and their pet dog Alou at their home in Bothell, Washington, on April 28. A court dog helped the girls during a molestation trial against their father. | ...
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Rice planted in former no-go zone
Former Prime Minister Silvio Berlusconi’s private disco featured not only aspiring showgirls performing striptease acts as sexy nuns and nurses, but one woman dressed up as President Barack Obama and a prominent Milan prosecutor whom the billionaire media mogul has accused of persecuting him, ...
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Syria accused of ‘disappearing’ thousands
Former Prime Minister Silvio Berlusconi’s private disco featured not only aspiring showgirls performing striptease acts as sexy nuns and nurses, but one woman dressed up as President Barack Obama and a prominent Milan prosecutor whom the billionaire media mogul has accused of persecuting him, ...
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Sri Lanka sexes up Ceylon tea’s image
KANDANA, SRI LANKA - A hot cup of Ceylon tea is better known as being soothing and relaxing, but Sri Lanka is now marketing its most profitable export as a luxury boost for the libido. The tea industry is increasingly plugging Ceylon’s supposed aphrodisiac qualities in a bid to radically change perceptions of the brew, which manufacturers say can sell for less than water in some markets. ...
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The rifleman behind assault weapons’ rise
WASHINGTON - Rene Carlos Vos, an arms dealer in Alexandria, Virginia, began hanging around the Washington headquarters of the National Rifle Association in the mid-1980s. The NRA’s staff were intrigued to see the garrulous, back-slapping Vos in the group’s seventh-floor suite, home to its lobbying operation and the chief congressional lobbyist, Wayne LaPierre. Vos and LaPierre ...
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Support for Abe Cabinet slides to 70.9 poll
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only ...
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Japan focuses on next big export
Smart grids are the way of the future, according to a Japanese consortium of seven companies that want to invest in the cities of the future and pave the way for the next big export to come out of Japan.
Japan is already one of the leading high-tech industries of the world, producing gadgets and appliances that are sold globally, from cars and microwaves to robots for use in surgery, space and mines. The country is a major manufacturing hub, there are Sony, Panasonic, Toshiba and Nintendo appliances in homes across the globe and many of the world’s most famous export brands have their headquarters in Japan or were founded in Japan. Read more
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