Asia Top News and Analysis Japan

  • BRUSSELS- ECB Board Member Peter Praet delivers a speech at "European Pillar of Social Rights Conference", organised by European Commission in Brussels- 1315 GMT. COPENHAGEN- Norges Bank Deputy Governor Egil Matsen gives a speech at a "Seminar on active ownership in pension funds" arranged by Pension Research Centre and Copenhagen Economics- 1410 GMT.

  • LONDON/ TOKYO, Jan 20- Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources with direct knowledge of the deal told Reuters on Friday. The sources said Japanese financial services firm Orix Corp has agreed to buy $290 million worth of shipping loans...

  • *Japan economy to achieve sustainable growth- Kuroda. DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday the prospects of faster U.S. growth may push up the dollar, and he offered an upbeat view on the world economy, dismissing concerns that protectionism could spread and undermine global trade. He said Japan's economy was likely to...

  • DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar. "The U.S. economy is likely to accelerate growth this year and next year, and price inflation may somewhat rise. All of may make interest rates rise and the...

  • LONDON, Jan 20- The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as U.S. It turned around early losses to inch up 0.2 percent on the day in morning trade in Europe and stand unchanged for the week. "What is clear is that the risks from Trump are not as...

  • DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday the country's economy is likely to head toward a sustainable growth path as global trade and manufacturing activity pick up. "Our top priority for macro-economic policy continues to be to overcome deflation," Kuroda told a session of the World Economic Forum. Still, Kuroda said...

  • *Japan asks for talks with India on steel duties, import price. TOKYO, Jan 20- Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high. India imposed duties of up to 20 percent...

  • DAVOS, Switzerland, Jan 20- Bank of Japan Governor Haruhiko Kuroda said on Friday the country's economy is likely to head toward a sustainable growth path as global trade and manufacturing activity pick up. But he added that Japan has yet to address key challenges, which were to heighten inflation expectations and prod firms to raise wages.

  • TOKYO, Jan 20- Japan's Toshiba Corp has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to avoid being crippled by an upcoming multi-billion dollar writedown. The industrial conglomerate has distributed non-disclosure agreement forms to various funds including...

  • LONDON, Jan 20- The dollar inched down on Friday before U.S. President-elect Donald Trump's inauguration, as further comments from Federal Reserve chief Janet Yellen were perceived as less hawkish than what she said the previous day. After a week of volatile moves that have seen investors question the fate of the greenback under Trump, both the dollar and...

  • *U.S. alliance remains Japan's security cornerstone-PM. TOKYO, Jan 20- Japanese Prime Minister Shinzo Abe, speaking in parliament hours before U.S. Trump sparked worries in Tokyo and the rest of the Asia-Pacific with campaign comments which included a pledge to make allies pay more for the security provided by U.S. forces and opposition to the Trans-Pacific...

  • TOKYO, Jan 20- Japan's Toshiba Corp has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to help avoid being crippled by an upcoming multi-billion dollar writedown. The industrial conglomerate has distributed non-disclosure agreement forms to various funds...

  • Another crop of encouraging company earnings news also helped lift the market, but investors were mostly focused on events in Washington as Donald Trump was sworn in as the 45th president of the United States. Among topics of particular interest to Wall Street, the speech touched on trade and the Trump administration's intention of protecting the U.S. from "the...

  • Smart for Abe to meet with Trump: Expert

    With Trump's lack of U.S.-Asia policy, Abe's establishment of personal rapport was a smart move, says Frank Lavin, CEO of Export Now.

  • *Japan needn't cooperate with Trump just to please him. *Japan should intervene if yen spikes. TOKYO, Jan 20- Japan should push back if President-elect Donald Trump bases trade and other economic policy on "wrong economics," an adviser to Prime Minister Shinzo Abe told Reuters in an unusually direct expression of concern about potential protectionism.

  • TOKYO, Jan 20- Japanese government bond prices edged higher on Friday as a regular debt-buying operation by the Bank of Japan helped offset pressure from an overnight drop in U.S. That peak in yield was hit after Federal Reserve Chair Janet Yellen signaled faster interest rates than markets had been anticipating and as an auction of five-year JGBs drew tepid...

  • TOKYO, Jan 20- Japan's Nikkei share average wobbled in a small range on Friday, on track for a weekly loss, as investors braced for a change of power in the United States with the inauguration of President-elect Donald Trump. With Trump taking office, "some investors are waiting to see what the market impact will be, and if he will fulfil some of the expectations," said...

  • JUNEAU, Alaska— The state of Alaska has opened an office in Tokyo to help promote trade and advance a long hoped-for natural gas pipeline project. The office and the hiring of Masatoshi Nick Shiratori to direct it was only announced to companies doing business with the state on Jan. 12. Alaska faces a multibillion dollar budget deficit because of chronically low...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...

  • SAN FRANCISCO, United States- San Francisco Fed President John Williams to closing remarks before the Bay Area Council 10th Annual Economic Forecast event- 1800 GMT. TOKYO- Bank of Japan Deputy Governor Hiroshi Nakaso to attend a meeting of the International Bankers Association of Japan. SOMERSET, United States- Philadelphia Fed President Patrick Harker...