Pimco upgraded its assessment on U.S. economic growth, saying it now expects expansion to run between 2.5 percent and 3 percent in 2014.» Read More
TOKYO, March 12- Two months before Mt. New York resident Marko Simovic filed a civil action at the Tokyo District Court on Dec. 24, seeking to recover $105,000 he had on deposit at Mt. Gox dodged repeated requests to withdraw funds from his account, which as of July 1 was credited with $935,000 in cash.
TOKYO, March 12- Big Japanese companies such as Toyota Motor Corp offered the most generous pay raises in years on Wednesday, a victory for the government's efforts to defeat deflation, but workers will still struggle to offset a looming sales tax increase.
*Risk appetite curbed by worries over China, Ukraine. LONDON, March 12- The Australian dollar and other currencies closely linked to commodities markets struggled on Wednesday after a 5 percent fall in copper prices overnight on fears of fading demand from China.
Boca Raton, Fla., March 11- The U.S. derivatives regulator is studying whether it should regulate electronic currencies such as bitcoin, its chief said on Tuesday, as regulators across the globe start taking the emerging technology more seriously.
In a statement, New York Superintendent of Financial Services Benjamin Lawsky said a formal application process would be a precursor to regulations it intends to propose by the end of the second quarter.
CNBC's Rick Santelli and Yra Harris, Praxis Trading partner, discuss how Vladimir Putin influences the global markets and the German economy.
Seijiro Takeshita, director of Mizuho International, discusses how Japan has changed since a devastating earthquake rocked the country in March 2011.
Jeremy Stretch, head of FX strategy at CIBC, says the so-called "third arrow" of Japan's Abenomics has not yet been enacted and more structural reforms are needed.
*Euro shows resilience even as Ukraine tensions continue. TOKYO, March 11- The yen remained trapped in narrow ranges in Asian trade on Tuesday after the Bank of Japan stood pat and gave no indication that further easing steps were in the cards yet.
TOKYO, March 11- Japanese government bonds were little changed on Tuesday, drawing little impetus from the Bank of Japan which left monetary policy unchanged as widely expected. The benchmark 10- year cash yield inched up 0.5 basis point to 0.625 percent, with a rise in Tokyo's Nikkei stock average mildly capping the bond market.
John Vail, Chief Global Strategist, Investment Strategy Group at Nikko Asset Management, discusses the Bank of Japan's decision to keep its monetary stimulus in place on Tuesday.
As Japan seeks to restart its nuclear reactors, Edwin Lyman, Senior Scientist, Global Security Program at Union of Concerned Scientists, says the country needs to consider the fact that the Fukushima Daiichi nuclear plant will remain radioactive for decades and is still leaking radioactive water into the ocean.
Garry Evans, Global Head of Equity Strategy at HSBC, discusses the latest news on Toyota's plans to hike wages for the first time in nearly 6 years.
Daniel Aldrich, Associate Professor, Political Science at Purdue University, discusses the polarized views present in Japan over the government's plans to restart the country's nuclear power plants.
LONDON- Bank of England Governor Mark Carney and Executive Director for Markets Paul Fisher will speak on the Inflation Report at Treasury Select Committee- 0930 GMT. Assistant Secretary for Tax Policy Mark Mazur will deliver remarks at the 2014 National Congress of American Indians Executive Council Winter Session.
The Bank of Japan concludes a two-day policy meeting later on Tuesday and no action is expected, says John Doyle, Director of Markets at Tempus. He expects the central bank to ramp up monetary stimulus in June.
Art Cashin of UBS Financial Services discusses why the U.S. stock market was under pressure Monday.
Naoko Okumoto, a VP at Yahoo in charge of monitoring its key Yahoo Japan business, is leaving the company, according to multiple sources.
*Copper and oil hit by China, U.S. jobs data knocks gold. LONDON, March 10- World stocks edged off a six-year peak and commodities from copper to crude oil tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
*Copper, oil hit by China, stronger US jobs knocks gold. LONDON, March 10- World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.