TOKYO, May 20- 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 approval.
QIANTUN, China, May 19- Two years short of 70, Zhang Guosheng spends his days caring for an 81- year-old fellow villager- washing his clothes, bringing meals to his bed, and keeping him company- a routine he'll keep up until he himself needs the type of care he is now giving.
*Freeport first project approved since 2011.
WASHINGTON, May 17- Turkish Prime Minister Tayyip Erdogan said on Friday Turkey had already significantly reduced its oil imports from Iran, which is under the choke of Western sanctions, and further cutbacks would depend on his country's energy needs.
The approval of natural gas exports from Freeport LNG's Quintana Island, Texas, terminal ends nearly a two-year pause in the Energy Department's review of export applications, as the administration sought to address concerns that sending U.S. gas abroad could harm U.S. manufacturers.
ST. LOUIS, May 17- U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo- based exchange Mt. The price of the volatile currency ballooned in March as a result of the Cyprus bank crisis.
NEW YORK, May 17- The dollar rose against a swath of currencies on Friday, rocketing to 4-1/ 2- year high against Japan's yen as data showing a robust rebound in U.S. consumer sentiment prompted investors to pile on bullish bets.
LONDON, May 17- The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are once again asking how long this can last.
May 17- The 3.5 percent gross domestic product growth announced by Tokyo on Wednesday suggests that Japan may be the fastest-growing economy in the G7. All these events appear linked to the election of Shinzo Abe and the regime he has installed at the Bank of Japan.
*University of Michigan consumer sentiment data, leading indicators on tap. *J.C. Penney dips after earnings. Data expected on Friday includes the Thomson Reuters/ University of Michigan Surveys of Consumers preliminary May consumer sentiment index at 9:55 a.m..
*Copper up for 2nd day after China data. LONDON, May 17- European shares lifted off lows on Friday while the dollar held near a 10- month high against a basket of currencies as investors considered the prospect the Federal Reserve might begin easing off on asset buying.
MUMBAI, May 17- Standard& Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrade.
*J.C. Penney dips after earnings. *Kansas City Southern to join S&P 500. *Data expected on Friday includes the Thomson Reuters/ University of Michigan Surveys of Consumers preliminary May consumer sentiment index at 9:55 a.m..
TOKYO, May 17- Japanese core machinery orders jumped a bigger-than-expected 14.2 percent in March, the quickest monthly pace in eight years, in a sign a weaker yen and surging stock prices are making companies more confident about investing in equipment.
*Abe's growth strategy aims to triple Japan's infrastructure exports by 2020. *Aims to double farm exports; promote foreign tourism in Japan,' anime'. TOKYO, May 17- The latest tranche of Japan's growth strategy will aim to triple infrastructure exports and double farm exports by 2020, as well as boost private investment, Prime Minister Shinzo Abe said on Friday.
LONDON, May 17- Oil slipped on Friday, staying below $104 a barrel on concern about the strength of demand growth and as policymaker talk of the future removal of U.S. monetary stimulus boosted the dollar. Brent crude slipped 5 cents to $103.73 a barrel by 0825 GMT, and was on course to end the week little changed.
LONDON, May 16- The dollar held firm near a 10- month high versus a basket of currencies on Friday and European shares fell after a regional Federal Reserve chief said the U.S. central bank may begin to taper its asset buying this summer.
*Japan stocks remain firmly footed in structural bull market- JPMorgan. *Hitachi up on higher operating margin forecast. TOKYO, May 17- The Nikkei share average rose on Friday with investors snapping up reflationary plays such as real estate stocks on the dips- posting a second week of gains supported by the benign effects of a weak yen.
TOKYO, May 17- Japanese government bond prices rose on Friday for a second day after a four-session plunge, bolstered by the Bank of Japan's asset-buying operations and reassured by the previous session's solid five-year sale.