Ahead of Prime Minister Abe's first cabinet reshuffle on Wednesday, Taro Kono, Member of Japan's House of Representatives, says the party is united in its aim to revive Japan's economy.» Read More
*Dollar/yen hits 7- month high as Tokyo shares gain. *Palladium hovers near 13-1/ 2 yr high on Ukraine crisis. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.4 percent after managing to carve out gains on the previous day.
LONDON- UK Treasury Chief Secretary Danny Alexander delivers speech setting out' his vision for Scotland to remain as an integral and full member of the United Kingdom' at Chatham House. MADRID- Central Bank of Peru Governor Julio Velarde speaks about monetary policy and macroeconomic stability at an event devoted to promoting investment in the country.
*Palladium hovers near 13-1/ 2 yr high on Ukraine crisis. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent. The index managed to carve out gains on Monday, brushing aside the Ukraine crisis and a downbeat China manufacturing survey.
The primary objective of Indian Prime Minister Modi's trip to Tokyo is to court Japanese businesses, says Sheila Smith, Senior Fellow for Japan studies at the Council for Foreign Relations.
WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
RALEIGH, N.C.— North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size.
*European markets shrug off Ukraine- Russia tension. LONDON, Sept 1- European markets advanced despite the conflict in Ukraine, focusing on whether the European Central Bank will announce plans for economic stimulus when it meets this week.
LONDON, Sept 1- The European Central Bank has talked up the chances of launching a bond-buying program to ward off deflation and having led markets down that path there could be a serious adverse reaction if it does not follow through.
LONDON, Sept 1- The European Central Bank has talked up the chances of launching a bond-buying programme to ward off deflation and having led markets down that path there could be a serious adverse reaction if it does not follow through.
*Modi takes veiled swipe at China. TOKYO, Sept 1- Japan and India agreed on Monday to strengthen defence ties as Asia's second and third biggest economies keep a wary eye on a rising China, with India's Prime Minister Narendra Modi lashing out at the "expansionism" of some nations.
*European markets shrug off Ukraine/ Russia tensions. LONDON, Sept 1- European markets cautiously navigated warnings that the conflict in Ukraine was sliding out of control, focusing instead on whether the European Central Bank will strengthen its stimulus plans when it meets this week.
*Modi takes veiled swipe at China. TOKYO, Sept 1- Japan and India agreed on Monday to strengthen strategic ties as Asia's second and third biggest economies keep a wary eye on a rising China, and said they would accelerate talks on the possible sale of an amphibious aircraft to India's navy.
TOKYO, Sept 1- Japan and India agreed on Monday to strengthen strategic ties as Asia's second and third biggest economies keep a wary eye on a rising China, and agreed to accelerate talks on the possible sale of an amphibious aircraft to India's navy.
Atsushi Morita, appointed head of Sony Computer Entertainment's Japan operations effective Monday, acknowledged the momentum for the PlayStation 4 in Japan wasn't catching up with the West, although its cumulative global sales reached 10 million recently, the fastest pace for any game console.
TOKYO, Sept 1- Japan and Australia are leaning towards a multibillion-dollar sale by Tokyo of a fleet of stealth submarines to Canberra's military in a move that could rile an increasingly assertive China, people familiar with the talks said.
LONDON— Ahead of a raft of economic developments this week, financial markets started the week on a lackluster note Monday as Wall Street was closed for the Labor Day holiday. KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares closed up 0.1 percent at 6,825.31 while Germany's DAX rose the same rate to 9,479.03.
*European markets shrug off rising concern about Ukraine/ Russia. LONDON, Sept 1- European markets cautiously set aside warnings that Russia's conflict with Ukraine was sliding out of control on Monday, as investors focused on the European Central Bank's meeting this week and hopes it will strengthen its stimulus plans.
*Board meets Sept 3-4, decision expected Sept 4 0230-0330 GMT. TOKYO, Sept 1- The Bank of Japan will maintain its existing stimulus policy and optimistic economic view when it meets on Thursday, sources say, preferring to take more time to gauge whether a run of weak data is sufficient to threaten a fragile recovery.
TOKYO— Japan and India agreed Monday to step up their economic and security cooperation as visiting Prime Minister Narendra Modi won pledges of support for his effort to revitalize the lagging Indian economy.
SYDNEY/ SINGAPORE, Sept 1- The euro hit a fresh one-year low on Monday, as heightened worries about the crisis in Ukraine kept the currency on the defensive ahead of a European Central Bank policy meeting later this week.