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Asia Top News and Analysis Japan

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  • LONDON, July 31- The dollar steadied near a one-week high against a basket of currencies on Friday and was on track for an almost 2 percent monthly rise, with the latest U.S. growth data supporting the case for the Federal Reserve to raise interest rates this year. "Expectations of a September rate hike were probably marginally firmed up on the growth data but it...

  • Honda reported the first-quarter results under international accounting standards for the first time. Like other Japanese automakers, Honda has benefited from the cheaper yen, which boosts the value of repatriated earnings. Honda is still soaking up hefty quality-related costs as it continues to recall cars equipped with air bag parts made by top supplier...

  • TOKYO, July 31- Japanese government bond prices were mostly steady on Friday, pulling ahead slightly at the longer end. The Bank of Japan offered to buy 375 billion yen of JGBs in the 1- year to 5- year zone, 425 billion yen of JGBs in the 3- year to 5- year zone, and 400 billion yen of JGBs in the 5- year to 10- year zone under its JGB purchase programme.

  • *To sell TV plant, license Aquos brand to China's Hisense. TOKYO, July 31- Japan's Sharp Corp on Friday announced it was exiting the TV business in the Americas to shore up its finances, after booking a deeper-than-expected quarterly loss on weak smartphone display sales. The company, which sought a bank-led bailout in May, said it would sell its TV manufacturing...

  • The Tokyo- based maker of the Accord sedan and Odyssey minivan has been the hardest hit among automakers from the costs related to a global recall of Takata Corp.' s air bags that can explode. Honda, which has a stake in Takata, relies heavily on the Tokyo- based air bag and seatbelt maker. Honda estimates its recalls related to Takata air bags worldwide at 24.5 million.

  • *Asia stocks set for July loss after worst China drop in 6 years. SINGAPORE/ TOKYO, July 31- Asian shares inched higher on Friday but were still set to post a loss for July, led by China's biggest monthly drop in six years. Financial spreadbetters predicted Britain's FTSE 100 to open 2 to 4 points higher, or up 0.06 percent, Germany's DAX to gain 2 to 3 points, or almost flat...

  • *Greenback seen supported after US GDP backs rate rise view. *Dollar index takes breather after setting 1- week high. SINGAPORE/ TOKYO, July 31- The dollar backed off from a one-week high against a basket of currencies on Friday, but was still seen on firm footing after U.S.

  • *Tokyo core CPI marks first annual fall since April 2013. TOKYO, July 31- Japan's household spending unexpectedly fell and inflation stalled in June, heightening the chance the economy may have contracted in April-June and casting doubt on the central bank's view growth will rebound solidly in the current quarter. "If the BOJ were to ease this year, it will...

  • *Tokyo July core CPI falls 0.1 pct vs f'cast 0.0 pct. *Tokyo core CPI marks first annual fall since April 2013. TOKYO, July 31- Japan's annual core consumer inflation stalled and household spending unexpectedly fell in June, underscoring the challenges the central bank faces in reflating the economy to meet its ambitious 2 percent price target.

  • TOKYO, July 31- The dollar held near one-week highs against a basket of major currencies on Friday as investors interpreted latest U.S. The market will continue to search for more hints on whether it will come in September or later, "said Shin Kadota, chief FX strategist at Barclays in Tokyo. U.S. interest rate futures priced in a higher chance of a September rate hike,...

  • *Investors warily eye China shares after previous session's drop. Investors kept a wary eye on China, where stocks dropped on Thursday after state media reported that banks were investigating their equities exposure in the wake of the recent dramatic rout there. MSCI's broadest index of Asia-Pacific shares outside Japan was up about 0.1 percent in early...

  • LONDON- Bank of England holds Monetary Policy Committee meeting. LONDON- Bank of England announces interest rate decision- 1100 GMT. LONDON- Bank of England will release the minutes from its August policy meeting- 1100 GMT.

  • *Tokyo July core CPI falls 0.1 pct vs f'cast 0.0 pct. *Tokyo core CPI marks first annual fall since April 2013. Core consumer prices in Tokyo, a leading indicator of nationwide inflation, fell 0.1 percent in July, the first annual decline since April 2013.

  • TOKYO, July 31- Core consumer prices in Tokyo fell 0.1 percent in the year to July, government data showed on Friday, marking the first year-on-year decline since April 2013.

  • Mike Foley will travel to Japan in September for back-to-back missions to promote foreign trade and investment, the governor announced Thursday. Foley will lead a delegation Sept. 9-11 to promote Nebraska's beef and pork products in the country, which is Nebraska's largest export partner. Ricketts said the Japan continues to be one of Nebraska's top export...

  • Q2 GDP data supports view on Fed rate hike. *Greenback gains against major currencies. NEW YORK, July 30- The dollar rose to its highest level this week on Thursday as news of faster U.S. economic expansion in the second quarter supported the notion that the U.S.

  • LONDON, July 30- The dollar jumped and stock markets around the world were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S. economy, boosting bets that it will hike interest rates in September. Big name companies set to report include Colgate-Palmolive, Coca-Cola, Mondelez International before the bell and...

  • *Europe set for busy day of data. Europe's stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. Q2 gross domestic product data also due later that could reinforce the rate hike view,...

  • LONDON, July 30- The dollar rose to its highest level this week on Thursday after the U.S. In early trade in Europe, the euro was down more than a cent against the dollar compared with levels seen before the Fed made its monthly policy statement on Wednesday, falling back to around $1.0950, its lowest since last Friday. "The fact they weren't worried about anything else...

  • IBM's Watson computing technology learns Japanese Thursday, 30 Jul 2015 | 3:48 AM ET

    IBM Watson, a unit of the U.S. technology and consulting company, said Thursday it was working with Japanese telecommunications and robotics company Softbank Corp. to share Watson with startups and universities in Japan for a variety of consumer applications, starting October. One example of a new partnership in Japan is with the University of Tokyo, which...