GO
Loading...

Japan

More

  • TOKYO, Oct 21- The time is "ripe" for Japan and the United States to reach a breakthrough in talks for a Trans-Pacific Partnership trade pact, the U.S. commerce secretary said on Tuesday, adding that the two were "a lot closer" to a deal than in recent months. Penny Pritzker, who is in Japan with a trade mission of U.S. energy and medical companies, said both countries needed...

  • SINGAPORE, Oct 21- Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Front-month Brent inched up 1 cent to $85.41 at 0544 GMT, remaining entrenched at below $100 since early September. U.S. crude for November delivery gained 30...

  • US urges Japan to be bolder in opening markets Tuesday, 21 Oct 2014 | 1:47 AM ET

    Commerce Secretary Penny Pritzker is urging Japan to be bolder in opening its markets to help reach a deal on a pan-Pacific trade agreement. Pritzker, who is leading the Commerce Department's first trade mission to Japan in two decades, said Tuesday that U.S. and Japanese negotiators were closing the gap on trade in farm goods and vehicles but that there were...

  • Asian stocks drift after China growth slows Tuesday, 21 Oct 2014 | 1:43 AM ET

    TOKYO— Asian stock markets drifted lower Tuesday after China reported its weakest economic growth in five years while Japan's benchmark dropped as investors cashed in gains from a 4 percent surge the previous day. KEEPING SCORE: Japan's Nikkei 225 was down 1.7 percent at 14,862.49 following Monday's rally, which was fueled by expectations of government...

  • *China Q3 GDP +7.3 pct y/y, slightly better than expected. The Aussie dollar, often seen as a liquid proxy of Chinese growth prospects given Australia's large trade exposure to China, rose 0.5 percent on the day to $0.8827. "The absolute China number isn't all that great and the trend has been toward a slower growth rate, so it's probably hard to openly move in the...

  • SINGAPORE, Oct 21- Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Front-month Brent was up 13 cents to $85.53 at 0418 GMT, remaining entrenched at below $100 since early September. U.S. crude for November delivery gained 29 cents...

  • China to pitch high-speed trains to California Monday, 20 Oct 2014 | 10:49 PM ET

    SHANGHAI, Oct 21- State-backed China CNR Corporation is making a pitch to sell its high-speed trains to California, signalling China's growing export ambitions for such technology after building the world's longest network in just seven years. It marks the first concrete attempt by China to sell high-speed locomotives abroad and establish itself as a...

  • JGBs rise modestly as Tokyo stocks fall back Monday, 20 Oct 2014 | 10:30 PM ET

    TOKYO, Oct 21- Japanese government bond prices rose modestly on Tuesday as Tokyo stocks dipped after the previous day's surge, taking some of the pressure off the debt market. The benchmark 10- year JGB yield fell 0.5 basis point to 0.480 percent, creeping back towards an 18- month low of 0.465 percent hit last week when global growth concerns sent equities...

  • *Investors cautiously wait for China's growth figures. *Fujifilm shares advance on Ebola drug announcement. Investors looked past solid advances on Wall Street overnight, where investors were bouyed by hopes of a strong earnings season, and the Tokyo bourse's strong performance on Monday, when the Nikkei posted its biggest daily gain since June 2013.

  • *Yen stands to gain if China data stokes growth worries. The China data could influence investors' perception on the U.S. "Because slowdown in China is one major reason behind investor concerns on global growth, the data is likely to affect sentiment on the global economy," said Shin Kadota, chief FX strategist in Barclays' Tokyo branch.

  • *Euro rises vs dollar, yen despite weak German data. NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya,...

  • US agency warns car owners to get air bags fixed Monday, 20 Oct 2014 | 11:46 AM ET

    Multiple automakers have recalled vehicles in the U.S. over the past two years to repair air bag inflators made by Takata Corp., a Tokyo- based supplier of seat belts, air bags, steering wheels and other auto parts. In a statement Monday, the National Highway Traffic and Safety Administration warned owners of those cars to act right away. The warning covers cars made...

  • NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya, portfolio manager, director of currency strategy at...

  • FOREX-Yen recovers ground as European stocks fall Monday, 20 Oct 2014 | 8:29 AM ET

    LONDON, Oct 20- The yen recovered some ground against the dollar on Monday as worries about global growth persisted, making investors wary of riskier assets. The European Central Bank, meanwhile, said it had started buying covered bonds, opening a new front in its battle to revive the euro zone economy and keep deflation at bay. The euro held up, and was 0.1 percent...

  • The MSCI world equity index, which tracks shares in 45 countries, was up 0.3 percent by 1030 GMT, having fallen about 10 percent in four weeks to last week's lows. "U.S. macro data is reassuring, the earnings season has been quite good so far, and we're getting positive news such as Japan's big pension fund boosting its exposure to equities." Japan's $1.2 trillion...

  • TOKYO, Oct 20- Japan's plan to restart nuclear reactors shut down after the Fukushima disaster will not be affected by Monday's resignation of the industry minister, but Prime Minister Shinzo Abe is losing a convincing advocate of a step most view with suspicion. Forty-year-old Yuko Obuchi's resignation from the Ministry of Economy, Trade and Industry, six...

  • Japan's justice minister undone by cheap paper fan Monday, 20 Oct 2014 | 6:18 AM ET

    TOKYO— In the heat of summer, they are ubiquitous in Japan: cheap paper fans, advertising this or that company or product, handed out at outdoor events or busy strain stations. That a paper fan valued at 80 yen could run afoul of Japan's election laws is testament to the strict prohibition on gifts to constituents. It's a legacy of once-common vote-buying in Japan,...

  • *Trade minister was high-profile, possible future PM. TOKYO, Oct 20- Two Japanese cabinet ministers resigned on Monday over the dubious use of political funds, dealing Prime Minister Shinzo Abe his biggest setback since he took office in December 2012. "There are more than two ministers with regard to whom there are suspicions," Yukio Edano, the opposition...

  • The MSCI world equity index, which tracks shares in 45 countries, was up 0.3 percent by 0821 GMT. MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.2 percent overnight as an upbeat survey of U.S. consumer sentiment on Friday brought some calm to markets after a week of turbulence. The Thomson Reuters/ University of Michigan index of consumer...

  • *Trade minister was high-profile, possible future PM. TOKYO, Oct 20- Japanese Prime Minister Shinzo Abe suffered his biggest setback since taking office in December 2012 when his high-profile trade and industry minister quit on Monday over the dubious use of political funds and the justice minister also resigned. "There are more than two ministers with regard...