Ian Wright, director of Morant Wright Management, says Japanese equities are in a "sweet spot".» Read More
TOKYO, Sept 16- Japan's Pioneer Corp is to sell its disc-jockeying audio equipment unit to private equity firm KKR& Co LP for around 59 billion yen, it said on Tuesday, as it outlined a growth strategy centered on its automotive electronics business.
*ECB openly addresses economic benefits of weaker euro. FRANKFURT/ TOKYO/ WASHINGTON, Sept 16- Attempts by the European Central Bank to weaken the euro have the potential to spark a currency war but policymakers across the world are keeping silent, knowing the ECB has scant alternatives to keep its economy afloat.
OSAKA, Japan, Sept 16- Bank of Japan Governor Haruhiko Kuroda said stable yen moves are crucial for the country's business sector, nodding to complaints from some companies that rising import costs from sharp yen declines were starting to hurt their bottom line.
TOKYO, Sept 16- An earthquake with preliminary magnitude of 5.6 shook buildings in eastern Japan, including the capital Tokyo, on Tuesday but there were no reports of serious damage. The earthquake was centred in Ibaraki Prefecture, just northeast of Tokyo, Japan's Meteorological Agency said.
*Nikkei sheds 0.4 pct in early trade after Japan holiday. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade.
SYDNEY, Sept 16- The U.S. dollar loitered in familiar territory early on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar rebounded from a six-month trough.
BEIJING/ NAGOYA, Japan, Sept 16- Toyota Motor Corp is reconsidering a move to open a new compact car assembly plant in Mexico after company President Akio Toyoda told planners searching for a site to pause and review its rationale, executives familiar with the matter said.
SINGAPORE— A Singapore Coroner's Court has found that the American CEO of a virtual currency exchange committed suicide earlier this year in Singapore because of work and personal issues. The death on Feb. 26 death of 28- year-old Autumn Radtke triggered media interest because it occurred not long after the high-profile collapse of the Mt.
*China slowdown worries rattle stocks. SYDNEY, Sept 15- Asian stocks skidded to five-week lows on Monday, giving European markets a negative lead after a batch of weak data out of China raised the spectre of a sharp slowdown in the world's second-biggest economy.
PARIS, Sept 15- Nissan boss Carlos Ghosn is preparing to cut battery manufacturing, people familiar with the matter said, in a new reversal on electric cars that has reopened deep divisions with alliance partner Renault.
KEEPING SCORE: Hong Kong's Hang Seng sank 0.8 percent to 24,392.86 and Australia's S&P/ASX 200 lost 0.6 percent to 5,496.20. China's Shanghai Composite Index shed 0.3 percent to 2,326.06. Singapore, Seoul, Jakarta and Taipei also fell.
MILAN- EU finance ministers and central bankers meet in Milan. ECB President Mario Draghi, Vice President Vitor Constancio and ECB Supervisory Board Chair Daniele Nouy to attend. PARIS- Chinese Vice Premier Ma Kai to chair the second China-France High-Level Economic and Financial dialogue in France with French Finance Minister Michel Sapin.
*Scots vote, Ukraine tension bog down global stock prices. Nervousness about a Scottish vote next week on a split from the United Kingdom and tension between Russia and the West over Ukraine also weighed on stocks and other riskier investments, analysts said.
DANYANG, China, Sept 12- Amid a revival in sales of Japanese goods in China and talk of renewed investment from some big firms such as Toyota, a dusty industrial park near Nanjing offers a cold reality check on the health of ties between Asia's two biggest economies.
*China, Europe oil demand growth slows at remarkable- IEA. SINGAPORE, Sept 12- Brent crude held above $98 a barrel on Friday, heading for its worst week in six as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.
*China, Europe oil demand growth slows at remarkable- IEA. SINGAPORE, Sept 12- Brent crude dropped below $98 a barrel on Friday, heading for its worst week in six as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.
TOKYO— Empowerment of women and equal opportunities are crucial for driving a stronger global economic recovery, and for revitalizing Japan, the head of the International Monetary Fund said Friday.
TOKYO, Sept 11- Rakuten Inc, Japan's largest e-commerce company, has been actively considering launching a service like website Airbnb that would provide a hub to rent apartments and homes in Japan to short-term guests, two people with knowledge of the developing plans told Reuters.
*Nikon, Sumco, automakers lead gains. TOKYO, Sept 12- Japanese share prices rose for the fifth straight session to an eight-month high on Friday, with exporters leading the gains on the yen's weakness.
Treasury Deputy Secretary Sarah Bloom Raskin attends the Making Home Affordable Help for Homeowners event in Baltimore- 1700 GMT. Speakers:- Latvia Prime Minister Laimdota Straujuma, OECD Secretary-General Angel Gurria, Norway Defense Minister Eriksen Soreide, Georgia Foreign Minister Maia Panjikidze and Poland Defense Minister Tomasz Siemoniak.