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Japan upgrades economic outlook as Abes policies take hold
Japan's Prime Minister Shinzo Abe smiles as he delivers a speech to business leaders and scholars during a meeting hosted by Japan Akademeia in Tokyo May 17, ...
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Japan Upgrades Economic View Amid Export Recovery
economy for the first time in two months, as a weak yen helped revive the country's exports and factory output. "The Japanese economy is picking up slowly," the Cabinet Office said in its May monthly report. This was an upgrade from previous month's assessment when it said that economy was showing "signs of picking up while weakness can be seen in some ...
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Nikkei hits new 5 12-yr high on weak yen signs of improving economy
TOKYO, May 20 (Reuters) - The Nikkei share average surged to a fresh 5-1/2 year high on Monday, buoyed by further weakness in the yen and as the Japanese government raised its assessment of the economy in May for the first time in two months. Signs of an improving U.S. economy and Wall Street's record closing high on Friday cemented the positive mood. The Nikkei climbed 1.5 percent to ...
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Japanese firms profit from weaker yen
Japan’s earnings season has drawn to a close with the sharply weaker yen helping inflate profits at some of the nation’s top exporters, but some commentators warn that the depreciation is not all good ...
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Tokyo stocks open up 0.81pc
1 TOKYO: Tokyo stocks opened 0.81 percent higher on Monday, buoyed by a weaker yen and gains in US and overseas stock markets last week.The benchmark Nikkei 225 index was up 122.49 points at 15,260.61 at the start."Bullish equities markets and the progressively weaker yen should help drive the market to a fresh multi-year high after much profit-taking in the last several sessions," ...
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Majority reject Japan mayors comments on comfort women poll
A large majority of Japanese people disagree with a high-profile politician who said women forced to provide sex during World War II were a military necessity, polls issued Monday ...
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Hezbollah guerrillas join Syrian Army in attack on rebel-held Qusair
War zone: This citizen journalism image provided by Qusair Lens shows Syrians inspecting the rubble of damaged buildings following airstrikes by government forces on Qusair on Saturday. | ...
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Sub lurking near Okinawa identified but Onodera mum
Defense Minister Itsunori Onodera said Monday the government has identified the country whose submarine was detected while submerged the previous day near Okinawa and will call for such encroachments to cease. Onodera did not disclose the country, saying the vessel did not intrude into Japanese territorial waters, but a government source said Sunday that the sub apparently belongs to the ...
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Yahoo Japan Says 22 Million User IDs May have Been Stolen
IDG News Service (Tokyo Bureau) - Yahoo Japan, the country's largest Web portal, said up to 22 million user IDs may have been leaked during a hack that was discovered last week. The company emphasized that the IDs are already public information, and no passwords or other private data were affected. Yahoo Japan IDs are used along with password to log in to the site, and are often displayed ...
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Bank of Japan raises economic outlook
LOS ANGELES (MarketWatch) -- The Bank of Japan said in its May report issued Monday that the nation's economy was slowly improving, marking an upgrade from its views in the April update, according to reports. The previous outlook had mentioned signs of recovery but with weak spots, a Reuters report said, while Dow Jones Newswires said the upgrade was the first in two months. Japanese stocks ...
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Russia Japan try to bridge gaps on thorny issues
MOSCOW, April 29 (Xinhua) -- Russia and Japan managed to move their positions closer on certain issues, pledging to speed up talks on reaching a peace treaty for the first time since the end of WWII, as leaders of the two countries met here on Monday. Following his talks with visiting Japanese Prime Minister Shinzo Abe, Russian President Vladimir Putin told reporters that they have instructed ...
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Japanese Market Trades Higher On Wall Street Lead Weaker Yen
The Japanese stock market hit a new five-and-a-half year high on Monday, buoyed by Wall Street's gains on Friday and a weaker yen.In late-morning trades, the benchmark Nikkei 225 Index is trading at 15,323.49, up 185.37 or 1.22 percent, after climbing to 15,297.73, the highest intraday level since December 28, 2007.In the banking space, Mitsubishi UFJ Financial (MTU) is adding 0.29 percent ...
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Japans 3 Arrows May Run Into German Wall
It will take more time to see the impact of all that on the real economy. The policy change is much too recent. The new leadership took over at the Bank of Japan on March 20, 2013, and the 10.3 trillion yen ($100 billion) stimulus package, announced on January 11, 2013, is unlikely to have led to instant, "shovel-ready," infrastructure projects. It follows, then, that the ...
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Nikkei bounces by break
(2 mins ago) Stocks in Tokyo gained 1.38 percent with investors encouraged by strong US data and the weaker yen. The benchmark Nikkei 225 index soared 208.89 points to 15,347.01 by the break while the Topix index of all first-section issues climbed 1.38 percent or 17.29 points to ...
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Goldman Sachs to Invest in Japan Green Energy
TOKYO – Goldman Sachs plans to pour about Y300 billion ($2.9 billion) into Japanese renewable energy projects over the next five years, having determined that a long-term scheme here to buy renewables at fixed rates will provide a stable source of income, the Nikkei reported in its Monday morning edition.The U.S. investment bank recently set up a wholly owned renewable energy management ...
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Japan fleets to visit Myanmar in October
A fleet of three training ships carrying young officers of the Japanese Maritime Self-Defense Force will visit Myanmar in early October, Japan's Jiji press quoted informed sources as saying Monday. They will be the first MSDF ships to make a port visit in the Southeast Asian country, according to the sources. Myanmar is located in a strategically important area near a key sea lane leading ...
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Japan to outperform Korea in GDP growth
Japan's economic growth rate is expected to surpass that of Korea for the first time in 15 years as the world's third-largest economy gains momentum based on the yen's rapid depreciation. Japan's economy has been recording unexpected growth over the last couple of years, while Korea has been performing below market expectations, according to data from central banks in Korea ...
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Japan Raises Economic View in May
--Japan government upgrades economic assessment in May for first time in two months --Government raises views on exports, industrial production --Says economy picking up slowly TOKYO--The Japanese government upgraded its assessment of the domestic economy for the first time in two months in its May report, as a pick-up in exports fueled by the weak yen helped improve confidence in ...
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Asia Markets Japan stocks rally but Korean shares underperform
HONG KONG (MarketWatch) -- Japanese stocks rallied to lead Asian markets higher Monday, tracking a positive global lead after U.S. indexes notched another record finish on Friday, although South Korean shares underperformed, weighed by geopolitical ...
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Japan government upgrades economic assessment for first time in two months
TOKYO (Reuters) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick ...
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Falling yen makes Japanese goods more affordable
Attention, bargain-hunters: Japanese goods - from cars to televisions - are going on sale. Credit Japan's drive to pump cash into its economy to stimulate growth. The extra money flooding its financial system is helping shrink the value of the yen. A U.S. dollar now buys about 100 yen. Last fall, it bought fewer than 80. When the yen's value falls, many Japanese goods become less ...
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Japans low-cost carriers looking to open new domestic intl routes
Japan's three low-cost carriers, coming off a successful Golden Week holiday period, are hoping to increase demand by opening up new routes. Now better known to the public after roughly a year in business, domestic budget carriers are expected to meet with more competition from foreign airlines. Peach Aviation--the nation's first LCC to take to the skies--logged 69,000 customers from ...
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Japan stocks rally at open as exporters surge Nikkei Average up 0.8
HONG KONG (MarketWatch) -- Japanese stocks jumped early Monday on an improved profit outlook, with another record finish for key U.S. benchmarks on Friday aiding several exporters although the yen rebounded from lows against the U.S. ...
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Tokyo stocks open up 0.81
The benchmark Nikkei 225 index was up 122.49 points at 15,260.61 at the start on Monday."Bullish equities markets and the progressively weaker yen should help drive the market to a fresh multi-year high after much profit-taking in the last several sessions," said Hiroichi Nishi, general manager of equities at SMBC Nikko Securities.US stocks closed another week of record highs on Friday ...
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Japan stocks jump in early trade on U.S. cues
HONG KONG (MarketWatch) -- Japanese stocks jumped early Monday on an improved profit outlook, with another record finish for key U.S. benchmarks on Friday aiding several exporters although the yen rebounded from lows against the U.S. ...
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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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