Alain Bokobza, Head of Global Asset Allocation at Societe Generale, says Japan needs more monetary stimulus to counter April's tax hike.» Read More
*Asia up as Wall St rises with Fed in no hurry to end QE. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent. It's still unrealistic to count on exports to be an important contributor to economic growth, "said Wang Jun, an economist at the China Centre for International Economic Exchanges in Beijing.
*Asia up as Wall St rises with Fed in no hurry to end QE. *Focus on China trade data at 0200 GMT. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.2 percent.
CAMBRIDGE, United States- Federal Reserve Vice Chair Stanley Fischer speaks on "Financial Sector Reform" before a Martin Feldstein Lecture event hosted by the National Bureau of Economic Research in Cambridge- 2030 GMT.
YAMAKIYA, Japan, July 10- A Japanese court is due to rule next month on a claim that Tokyo Electric Power is responsible for a woman's suicide, in a landmark case that could force the utility to publicly admit culpability for deaths related to the Fukushima nuclear disaster.
TOKYO— Japan protested Wednesday to China over a newspaper's depiction of exploding mushroom clouds in a map of Japan, calling it offensive. Chief Cabinet Secretary Yoshihide Suga told reporters that Japan, as the only nation to have suffered atomic attacks, will "never tolerate" such a depiction.
LONDON, July 9- The euro was steady against the dollar on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
*Board meets July 14-15, decision seen July 15 0330-0500 GMT. TOKYO, July 9- The Bank of Japan may trim its economic growth forecast for the current year next week, sources familiar with its thinking said, reflecting soft exports and a bigger-than-expected slump in household spending after a sales tax hike in April.
LONDON, July 9- The euro traded marginally stronger on Wednesday, with traders looking to a speech by European Central Bank chief Mario Draghi and the minutes of the U.S. "Its really been very quiet," said Daragh Maher, a strategist with HSBC on Monday.
TOKYO— Asian stocks fell for a third day Wednesday and European markets traded tepidly as caution spread ahead of corporate earnings and after record highs on Wall Street.
*Top buyers Japan, Indonesia put off purchases. That could hurt key exporters including the United States, Brazil, India and Ukraine, and will pile further pressure on prices for crops such as corn, wheat, soybeans and rice. The weather pattern typically sparks droughts across much of Asia and excessive rains in South America.
By Ian Chua and Masayuki Kitano. SYDNEY/ SINGAPORE, July 9- The New Zealand dollar hovered near a three-year high on Wednesday, buoyed by the prospect of a sovereign rating upgrade, while the U.S. dollar held steady ahead of minutes of the Federal Reserve's latest policy meeting.
*Palladium near highest since 2001. *Gold ticks up as SPDR sees another inflow. SINGAPORE, July 9- Palladium climbed for a 13th session on Wednesday to trade near its highest since 2001 on concerns over supply constraints in major producer South Africa, while strong demand for the metal from the auto industry also underpinned prices.
TOKYO, July 9- Japanese government bond prices were mostly firmer on Wednesday, lifted by sagging Tokyo shares and an overnight rally by U.S. Superlong JGB maturities lagged slightly, weighed by Thursday's 700 billion yen 30- year debt auction. Tokyo's Nikkei fell to a one-week low in the wake of a broad selloff on Wall Street.
BEIJING- Sixth round of the U.S.- China Strategic and Economic Dialog will be held in Beijing, China. Treasury Secretary Jacob Lew and Secretary of State John Kerry will join their respective Chinese co-chairs, Vice Premier Wang Yang and State Councilor Yang Jiechi, for the Dialog.
PARIS/ SINGAPORE, July 8- Chicago soy fell for a seventh session on Tuesday to trade near its lowest in five months as near-perfect crop weather across the U.S.
TOKYO— A powerful typhoon pummeled the southern Japanese islands of Okinawa on Tuesday, paralyzing transport and prompting U.S. forces based there to cancel all outdoor activity.
TOKYO— Stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China and corporate earnings. In Asia, Japan's Nikkei 225 index tracked Wall Street's declines, slipping 0.4 percent to 15,314.41 despite fresh data showing the current account surplus was larger than expected in May.
Mark Hibbs, MD & Portfolio Manager, Adamas Asset Management, says Japan's trade balance is a "structural issue" and explains why the Japanese yen isn't weak enough.
SYDNEY/ SINGAPORE, July 8- The dollar held steady versus a basket of major currencies on Tuesday, having retreated from the previous day's near-two-week high, giving the euro a chance to get over an unexpected slump in German industrial output.
While Typhoon Neoguri has been downgraded from "super typhoon" status, it's still equivalent to a category 3 hurricane, says Kim Cunningham, Meteorologist at the Weather Channel.