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Nikkei reverses gains extends Thursdays 7.3 slide
TOKYO: Japan's Nikkei share average reversed gains on Friday afternoon as profit-taking set in after the index rebounded earlier from the previous session's 7.3 percent slide. The Nikkei slipped 1.2 percent to 14,313.86 in the afternoon session after ending 2.7 percent higher in morning ...
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Japans Meiji Yasuda can start buying 10-yr JGBs at 1 pct
TOKYO | Fri May 24, 2013 1:00am EDT TOKYO May 24 (Reuters) - Japan's Meiji Yasuda Life Insurance Co said on Friday it will shift some of the money earmarked for foreign bonds to Japanese government bonds given their rise in yields. Japan's third-largest private life insurer said it can start buying 10-year Japanese government bonds at 1 percent and 20-year debt at 1.7 ...
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Nikkei falls below 14000 in sharp afternoon sell-off
TOKYO | Fri May 24, 2013 12:50am EDT TOKYO May 24 (Reuters) - Japan's Nikkei share average fell below 14,000 for the first time in three weeks at one point on Friday afternoon, extending the previous session's 7.3 percent plunge. The Nikkei was down 2.3 percent at 14,154.87 by 0448 GMT after trading as low as ...
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Sony Mobile to extend cooperation with ODM firms says marketing executive
Dennis van Schie, global head of marketing for Sony Mobile, has commented that the firm will extend cooperation and view ODM firms as strategic partners in product development to increase flexibility in R&D and ...
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Korean grannies cancel meet with Osaka mayor over war brothel remarks
OSAKA, Japan (Reuters) - Two elderly South Korean women forced to work in Japanese wartime military brothels abruptly cancelled a meeting with Osaka Mayor Toru Hashimoto after he refused to withdraw remarks asserting the brothel system was "necessary" at the ...
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Japans PM Abe defends policies as markets settle
TOKYO (AP) -- Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami ...
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Japan bonds stability ‘extremely desirable’Kuroda
TOKYO (MarketWatch) -- Bank of Japan Gov. Haruhiko Kuroda said Friday it is "extremely desirable" for the nation's debt market to be stable, adding that the central bank will run market operations flexibly and strengthen communication with the market to head off volatility in bond ...
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U.S. admits drones killed four Americans
The head of an official inquiry into the deadly collapse of a Bangladesh factory complex said the building’s owner was the ';main culprit'; for the disaster because he violated construction codes. The cave-in of the eight-story Rana Plaza outside the capital last month killed ...
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Nikkei advances 2pc by break
(45 mins ago) Tokyo stocks surged in the morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami disaster. The Nikkei, which tumbled 7.3 percent yesterday, was 2.65 percent, or 383.92 points, higher at 14,867.90 by the break after jumping more than three percent in the first few minutes of ...
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Tokyo stocks rebound by break
TOKYO stocks surged on Friday morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami ...
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Japan’s Abe reiterates commitment to reforms
TOKYO (MarketWatch) -- Responding to the recent sharp increases in long-term interest rates, Japanese Prime Minister Shinzo Abe reiterated his commitment to fiscal consolidation, as he tried to put aside any doubts about his resolve to undertake painful ...
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Nikkei recoups some of Thursdays 7.3 percent dive bull run seen intact
Reuters © Members of the media crowd around passers-by walking in front of an electronic stock quotation board outside a brokerage in Tokyo May 23, 2013. REUTERS/Toru ...
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Revived Japan can be a force for good says its prime minister
Japan's Prime Minister Shinzo Abe made an impassioned defence last night of his economic policies, arguing that a revived Japan can and will be a force for good in the world. It will be better poised to contribute to Asia's economic dynamism and to ensure the rule of law in the international arena, he contended. Speaking to a room of visiting foreign dignitaries - including Prime ...
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Japan China must put aside differences
Japan and China must put aside their differences over territorial claims and consider their relations from a broader perspective, experts said at an international conference in Tokyo to discuss the future of Asia. Political tensions between the two biggest economies in north- east Asia over the ownership of the Senkaku islands (Diaoyu to the Chinese) and other historical issues dominated much ...
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Japan stocks rebound after slump Nikkei up 3.2
+2.78% climbing 3.2% after diving 7.3% in the previous session, prompted by some relief buying amid expectations that the rally that began late last year may have further to go. The broader ...
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ASIA MARKETS Japan Stocks Recover Modestly After Steep Sell-off
HONG KONG – Japanese stocks jumped Friday to stage a modest recovery, with relief buying emerging after the extreme losses they suffered the previous day, amid expectations that the rally that began late last year may have further to go.The Nikkei Stock Average climbed 3% after diving 7.3% in the previous session, while the broader Topix advanced 2.6% after Thursday's 6.9% ...
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Tokyo Skytree is illuminated with 12 patterns of light to celebrate its first anniversary in Tokyos Sumida Ward on May 22.
On a bridge in Tokyo's Sumida Ward, many photographers take pictures of memorial illumination on Tokyo Skytree for the first anniversary of its opening on May 22. (Satoru ...
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Hague convention still doesnt offer clear-cut answers
U.S. Ambassador John Roos meets with Katsuyuki Kawai, the chairman of the Lower House Foreign Affairs Committee, on Feb. 14, calling for Japan's early ratification of the the Hague convention. (Asahi Shimbun file ...
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Japan stocks plunge more than 7 percent triggering falls across global markets
Global markets fall after weak Chinese manufacturing data and mixed messages from the Fed about when it will wind down its asset-buying ...
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Stocks in Japan rebound
earthquake, tsunami and nuclear disaster shook Japan's economy. The sharp plunge this week spooked investors in China and Europe, leading to sizable stock market losses around the globe. In the United States, stocks clawed back from steep losses. Thursday's sell-off was triggered ...
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Market eyeing Nikkei for signals risk-sentiment recovered in overnight trade
There was a massive 8% intraday reversal yesterday in the Nikkei and this led to a huge clean-out in risk trades like AUD/JPY in particular. The question which will be answered today in the Tokyo stock-market is whether the Nikkei selling was purely technical or whether a reversal is underway. I'd expect the FX market to get most of its leads from the Nikkei. Today's risk events ...
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Historians tour Takeshima hit Japan
Throughout most of Japan, June is the rainy season. While all that rainfall is great for rice paddies so that we can have delicious new harvest rice in the fall, it makes it a rather dull month for seasonal produce: The summer’s bounty of ...
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GLOBAL MARKETS-Asian stocks shaky Nikkei still seen vulnerable
Fri May 24, 2013 12:22am EDT * Nikkei down 0.6 pct, erases earlier gains * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro as Nikkei trims gains By Ian Chua SYDNEY, May 24 (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger ...
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UPDATE 2-US-based Japanese stock funds up $1.5 bln in record inflow streak -Lipper
By Sam Forgione NEW YORK, May 23 (Reuters) - Investors in funds based in the United States poured $1.51 billion into Japanese stock funds in the latest week, marking the longest streak of weekly inflows into the funds on record, data from Thomson Reuters' Lipper service showed on Thursday. The latest inflows in the week ended May 22 marked the 27th straight week of cash gains into funds that ...
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Does Japanese market nosedive signal the end of Abenomics
A stunning stock market plunge in Tokyo and unexpected volatility in the bond market have sparked fears that "Abenomics," the Japanese government's much-vaunted strategy to breathe life into the long-ailing economy, may already be coming unglued.The main thrust of Prime Minister Shinzo Abe's plan is to instill confidence in Japanese consumers and businesses - and end more ...
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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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