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Obama defends drone strikes sees narrower terrorist threat
President Barack Obama sought to move the U.S. beyond the war effort of the past dozen years, defining a narrower terrorist threat from smaller networks and homegrown extremists rather than the grandiose plots of Osama bin Laden’s al-Qaida. Obama also offered his most vigorous public defense yet of targeted drone strikes as legal, effective and necessary. ';Neither I, nor any ...
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Nikkei recoups 2.6 after nose-diving over 1140 points in last session
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 rises 0.9 pct in turbulent trade after Thursdays plunge
* Nikkei may stay volatile for a while - traders * Nikkei support seen at 13,800 short-term, 13,000 mid-term - analysts * Futures-led trade swings market - traders By Ayai Tomisawa TOKYO, May 24 (Reuters) - The Nikkei share average rose in turbulent trade on Friday following the previous day's 7.3 percent dive, but the extreme volatility and worries that Japan's bull-run may be running ...
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Nikkei ends rollercoaster session in positive territory
(34 mins ago) Shares in Tokyo closed 0.89 percent higher today in a rollercoaster session that came a day after the Nikkei suffered its worst one-day drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei 225 index, which on tumbled 7.3 percent yesterday, finished 0.89 percent, or 128.47 points, higher at 14,612.45, while the broader Topix index of all first-section ...
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Eurozone crisis live Japan closes higher after wild day of trading
The Japanese market suffered another turbulent session after Thursday's dive - dropping as much as 3.5% in the afternoon - but stabilised to close 0.9% ...
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GLOBAL MARKET-Volatile Nikkei keeps Asian stocks on edge
Fri May 24, 2013 3:45am EDT * Nikkei ends a seesaw day up 0.9 pct * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro on turbulent Nikkei * European stocks expected to fare better By Ian Chua SYDNEY, May 24 (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has ...
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Australian shares dive to one-month low Japan uncertainty hits
Fri May 24, 2013 2:47am EDT (Adds details, comments) SYDNEY May 24 (Reuters) - Australian shares reversed early gains to fall 1.6 percent as faltering banks and market volatility hit investor sentiment on Friday, sending the benchmark index tumbling further from one-month lows touched a day earlier. Japan's Nikkei share average turned positive in a volatile session on Friday afternoon after ...
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Japans Nikkei rebounds after Thursday plunge
Pedestrians are reflected as they walk past an electric quotation board displaying the Nikkei key index of the Tokyo Stock Exchange (TSE) in front of a securities company in Tokyo on May 10, 2013. The Nikkei regained some of the losses sustained on Thursday. (TORU YAMANAKA/AFP/Getty ...
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Tokyo stocks rebound 2.65pc by break
11 TOKYO: Tokyo stocks surged 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 disaster.The Nikkei, which on Thursday tumbled 7.3 percent, was up 2.65 percent, or 383.92 points, at 14,867.90 by the break after jumping more than three percent in the first few minutes of ...
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Japans ANA to resume Boeing 787 flights on Sunday
TOKYO (AP) -- Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering ...
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Sensex Nifty down after Nikkei turns shaky
The BSE Sensex turned lower on Friday after opening with over 150 point-gain, suggesting the lack of conviction in the markets. The broader Nifty convincingly broke the 6,000 mark tracking a sharp plunge in Japan's Nikkei 225 benchmark. Tokyo's Nikkei fell as much as 3.5 per cent, having earlier risen more than 3 percent. The yen reversed early losses, keeping intact worries that ...
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Japan stocks rebound from overnight collapse as yen-sellers resurface
Japan's cabinet officials as well as BOJ Gov Kuroda smoothed over concerns, reiterating the JGB and equity markets are being closely watched, and the primary policymakers focus is beating deflation. Note the 10-yr JGB yield, which fell over 15bps from overnight 1% highs after the BOJ liquidity injection, is back in high 0.80%'s. Market focus turns to the IFO data out of Germany in the ...
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Japans Nikkei turns positive in volatile trade
Reuters © A passerby is reflected on a graph showing recent movements of Japan's Nikkei average at a brokerage in Tokyo May 24, 2013. REUTERS/Issei ...
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Tokyo stocks tumble in afternoon trade
Tokyo stocks lost their early gains on Friday afternoon as they tumbled back into the red, a day after suffering the worst one-session drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei 225, which on Thursday tumbled 7.3 percent, was down 3.37 percent, or 488.64 points, at 13,995.34 at 0445 GMT, before halving that loss just a few minutes later. The wild market ...
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Japan stocks slip into losses after Kuroda remarks
HONG KONG (MarketWatch) -- Japanese stocks tumbled back into losses in Friday afternoon trading as the yen strengthened sharply, despite comments from Bank of Japan Gov. Haruhiko Kuroda's remarks ...
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Sony to Sell $1.5 Billion in Corporate Bonds in Japan
The five-year bonds, to be issued in June, will be the first sale to retail investors in Sony's history as the company looks to widen its fundraising ...
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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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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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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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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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