Nicholas Smith, Japan Strategist at CLSA, says Japan's consumer price index for June remains "decent" after stripping out the volatility in food and energy prices.» Read More
*Japan CPI as expected, muted reaction from dollar/yen. LONDON, July 25- The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment heading in to the end of the U.S. currency's strongest week since March.
LONDON, July 25- World shares dipped on Friday having clawed their way back towards all-time highs after a week of largely reassuring economic signals but rising political tensions.
LONDON, July 25- Germany's influential Ifo survey of business sentiment looked set to determine the euro's path at the end of a week marked by a steady upwards push for the dollar that could herald a long-forecast break higher. In early European trade, the euro was virtually unchanged at $1.3461, having recovered from eight-month lows around $1.3438 on Thursday.
TOKYO, July 25- Asian shares pulled back from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
TOKYO— Japan's inflation rate eased slightly in June as a sales tax high stunted demand, the government reported Friday. Excluding the direct effect of the April 1 increase in the sales tax to 8 percent from 5 percent, the inflation rate was 1.3 percent, the Bank of Japan said.
TOKYO, July 25- Asian shares pulled away from this week's three-year highs on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
TOKYO, July 25- Japanese government bond prices slipped on Friday, weighed down by higher Tokyo shares and an overnight retreat in U.S. The benchmark 10- year JGB yield rose 0.5 basis point to 0.525 percent. The JGB market showed little reaction to a rise in Japan's June core CPI, as the rise of 3.3 percent from the previous month was in line with forecasts.
*Japan CPI as expected, muted reaction from dollar/yen. TOKYO, July 25- The dollar held gains versus the yen on Friday and the euro stood steady after rebounding from an eight-month low against the greenback as data painted a brighter picture of the U.S. and eurozone economies.
TOKYO, July 25- An index of Asian shares pulled away from a three-year high on Friday after a mostly flat day on Wall Street, though a fresh S&P closing record and upbeat U.S. employment data underpinned sentiment.
*U.S. crude for September delivery was down 6 cents at $102.01 a barrel by 0024 GMT, after settling $1.05 lower. *The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.
Ayako Hirota Weissman, Director of Asia Strategy & Senior Portfolio Manager at Horizon Kinetics, discusses the rise in Japan's inflation and explains why this translates into stock opportunities.
WASHINGTON/ FRANKFURT, July 23- After injecting trillions of dollars into the global financial system over the last six years, the world's central bankers now face a vexing question: why is so little of it showing up in workers' paychecks?
NEW YORK, July 24- The euro rose on Thursday from an eight-month low versus the U.S. dollar on better-than-expected German and French business data, while the New Zealand dollar sank after that nation's central bank hinted it may pause in raising rates further.
TOKYO— World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia.
HONG KONG— As activists vow to shut down Hong Kong's financial district in protest at China's attempt to hobble democratic elections in the city, businessman Bernard Chan is preparing for the worst. The former British colony came back under China's control in 1997 but retains its own legal and financial systems and a high degree of control over its affairs.
TOKYO— Improvements in life spans, education and incomes are slowing due to natural disasters, misguided government policies and worsening inequality in a world where the 85 richest people have as much wealth as the 3.5 billion poorest people, the United Nations said Thursday in its annual human development report.
By Shinichi Saoshiro and Ian Chua. TOKYO/ SYDNEY, July 24- The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China's factory sector expanded at its fastest pace in 18 months.
TOKYO— Japan's trade deficit surged to a record 7.6 trillion yen in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
SINGAPORE, July 24- U.S. crude was little changed near $103 a barrel in early Asian trading on Thursday, holding on to previous day gains due to a higher-than-expected decline in crude inventories. Geopolitical tensions in Eastern Europe and the Middle East helped underpin oil prices, but had yet to cause disruptions to well-supplied global crude markets.
Treasury Secretary Jacob Lew will deliver remarks at the Inaugural Rural Opportunity Investment Conference hosted by the White House Rural Council.