Curtis Milhaupt, Director of the Center for Japanese Legal Studies at the Columbia Law School, discusses news that the firm has been held responsible for a suicide case.» Read More
"It is not true that we have placed any orders with CPF," McDonald's Japan spokesman Takashi Hasegawa said on Thursday. McDonald's Japan said last month it would source all of its chicken meat from its two existing suppliers in Thailand, McKey Foods Services Ltd and Cargill Thailand.
SEOUL, South Korea— Kim Min- koo has an easy reply to new American research that hits South Korea where it hurts— in the noodles. Instant noodles carry a broke college student aura in America, but they are an essential, even passionate, part of life for many in South Korea and across Asia.
SYDNEY, Aug 21- Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing overshadowed better news from Japan, while the U.S. dollar was buoyed by speculation of an earlier rate rise from the Federal Reserve.
TOKYO, Aug 21- Japanese government bond prices slipped on Thursday, tracking U.S. The Bank of Japan refrained from making any purchases under its massive asset-buying programme, as it typically does on days when the Ministry of Finance conducts a sale. A stronger U.S. dollar and rising Tokyo stocks also had some negative impact on JGBs.
*China flash PMI hits 3- mth low, Aussie slips. SYDNEY/ TOKYO, Aug 21- The U.S. dollar traded at 11- month highs against a basket of major currencies early on Thursday, having been given a second wind after minutes of the Federal Reserve's July meeting sounded slightly hawkish.
SYDNEY, Aug 21- Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan. Investors reacted by selling the Australian dollar, often a used as a liquid proxy for bets on China, while shares in Shanghai dropped 0.5 percent.
Andrew Jackson, Head of Wholesale and Listed Real Estate at Standard Life Investments, says Abenomics will put Japan back on track and in turn underpin growth in the country's real estate market.
GUELPH- Canadian Finance Minister Joe Oliver will speak to reporters before a business roundtable in Guelph, Ontario- 1800 GMT. WYOMING, United States- European Central Bank President Mario Draghi to speak on "Reevaluating Labor Market Dynamics" in Jackson Hole, Wyoming- 1830 GMT. STOCKHOLM- Meeting of the General Council of the Riksbank.
Vadim Zlotnikov, Chief Market Strategist and Co-Head of Multi-asset Solutions at AllianceBernstein, explains why he's "slightly overweight" small and mid-cap shares, as well as Japanese markets.
*Attention shifts from Ukraine- Russia conflict. LONDON, Aug 20- World stocks mostly halted their recent rally on Wednesday before the latest policy signal from the U.S. central bank, while UK stocks and bonds fell after Bank of England minutes showed two rate-setters voted to raise interest rates earlier this month.
*All eyes on Fed minutes, Jackson Hole speeches. WARSAW, Aug 20- The dollar reached an 11- month high against the euro and a basket of major currencies on Wednesday, buoyed by optimism over the health of the U.S. economy. The greenback broke through resistance around $1.3300 and last November's high of $1.3295 per euro in morning trade in Europe.
TOKYO, Aug 20- Citigroup Inc is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anaemic lending.
Data from the Japan Securities Dealers Association showed that foreign net purchases of JGBs, excluding treasury bills, totalled 1.28 trillion yen, the largest amount since June 2012.
TOKYO— Japan's trade deficit rose in July from the month before to a wider than expected 964 billion yen, though exports were higher for the first time in three months, the government said Wednesday. Japan recorded an 822 billion yen deficit in June.
KEEPING SCORE: Hong Kong's Hang Seng was up 0.1 percent at 25,154.62 while Japan's Nikkei 225 was little changed at 15,441.70. Taiwan's Taiex rose 0.4 percent to 9,278.81 while Seoul's Kospi shed 0.1 percent to 2,068.73.
TOKYO— Japan's trade deficit rose in July from the month before to a wider than expected 964 billion yen, though exports were higher for the first time in three months. Japan recorded an 822 billion yen deficit in June. Japan's demand for imports has moderated in recent months as business activity slowed following an increase in the national sales tax.
TOKYO, Aug 20- Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
Despite an increase in July's deficit due to a rise in imports, Japan's trade gap remains modest and manageable, says Paul Gruenwald, Chief Economist, Asia Pacific at Standard and Poor's Ratings Services.
TOKYO, Aug 20- Asian stocks were steady on Wednesday after strong U.S. housing data lifted Wall Street shares, helping nudge Treasury yields higher and keeping the dollar well bid against the euro and yen. Tokyo's Nikkei gained. 0.2 percent and South Korea shares rose 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was flat.
Izumi Devalier, Japan Economist at HSBC, says it's still too early to conclude whether the rebound in July exports will be sustainable.