Asia Top News and Analysis Japan


  • TOKYO— Japan's economy contracted at a 1.4 percent annual pace in the last quarter as weak consumer demand and slower exports battered the recovery. Japan's central bank has already resorted to imposing negative interest rates on some bank deposits it holds to help spur more lending, though cash-rich companies appear generally uninterested in borrowing.

  • Ex-Fed pres: This bear market belongs to the Fed Saturday, 13 Feb 2016 | 11:13 AM ET
    A screen displays news on the Dow Jones Industrial Average on the floor of the New York Stock Exchange, Oct. 15, 2014.

    Former Dallas Fed President offers perspective on current economic downturn.

  • Drop in bank shares overdone: BoJ's Nakaso Saturday, 13 Feb 2016 | 6:19 AM ET
    Pedestrians holding umbrellas while walking past the Bank of Japan (BOJ) headquarters are reflected in a puddle in Tokyo, Japan, on Friday, Jan. 29, 2016.

    The Bank of Japan designed its new negative interest rates to avoid hurting bank profits, the BOJ's deputy governor says.

  • DIARY-Top Economic Events to Feb 27 Friday, 12 Feb 2016 | 7:01 PM ET

    BRUSSELS- European Central Bank President Mario Draghi speaks at the European Parliament- 1400 GMT. TUESDAY, FEBRUARY 16 WASHINGTON- Minneapolis Federal Reserve Bank President Kashkari speaks at Brookings Institution- 1530 GMT. NEWARK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the 2016 Economic...

  • Business events scheduled for the coming week Friday, 12 Feb 2016 | 2:36 PM ET

    WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • World’s hottest trade has suddenly turned ice-cold Friday, 12 Feb 2016 | 11:52 AM ET
    A pedestrian walks past an electronic board showing the graph of the recent fluctuations of Japan's Nikkei average outside a brokerage in Tokyo, Japan, January 7, 2016.

    A big bet on Japan that once looked like a no-brainer is now a major headache.

  • Feb 12- Now markets have delivered their verdict on inflation- it's not picking up any time soon- economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world's major economies. Sweden's Riksbank also slashed its repo rate to -0.50 percent on Thursday, partly as insurance against expectations that...

  • GRAINS-Soybeans at one-week high on export hopes Friday, 12 Feb 2016 | 8:21 AM ET

    *U.S. export sales, China return boost soybean market. *Wheat traders eye Egypt tender result after ergot row. PARIS/ SINGAPORE, Feb 12- Chicago soybeans extended gains to one-week highs on Friday, as higher than expected U.S. export sales and the prospect of post-holiday demand in China boosted demand prospects.

  • Japanese markets punished Friday, 12 Feb 2016 | 6:05 AM ET
    Japanese markets punished

    A look at Japanese stocks and margins.

  • LONDON, Feb 12- The yen was firm on Friday, on track for its biggest weekly rise against the dollar since late 2008, as deepening worries about global growth and whether policymakers have enough ammunition to respond to it underpinned flows into safe-haven currencies. Japanese officials stepped up their attempts to talk the yen down, with Finance Minister Taro...

  • Consumers in China and India tend to typically buy gold in jewellery form, swooping in to hunt bargains or if they are confident of a sustained rally. A lack of interest from China and India- which together account for about 45 percent of world gold demand- could put a dent on the metal's biggest rally in years, though panic buying of gold coins and bars led by Western...

  • *Could go to $1,300 if stocks don't stop falling- Standard Bank. SINGAPORE, Feb 12- Gold on Friday clung to sharp overnight gains that pushed the metal to a one-year high, and looked set to post its best week in over four years as stock market turmoil stoked safe-haven demand. Spot gold rose to as high as $1,260.60 an ounce on Thursday, its highest since February last...

  • US stocks open higher as oil rebounds, banks rise Friday, 12 Feb 2016 | 1:41 AM ET

    TOKYO— European stocks rose Friday, shrugging off a bad day in Asia, as the sell-off in banking shares abated and oil prices rebounded from a 12- year low. Germany's DAX was up 1.4 percent at 8,873.93 and Britain's FTSE 100 rose 1.7 percent to 5,631.27. Shares in Germany's Commerzbank AG jumped 17 percent after it announced its first dividend since 2007 and upbeat...

  • TOKYO, Feb 12- Japanese government bond prices slipped on Friday as profit taking emerged after a volatile week that saw debt yields sink to record lows. Bond yields had declined steadily after the BOJ adopted negative rates on Jan. 29. Mediocre demand at Friday's liquidity-enhancing auction, under which the Ministry of Finance sells existing JGB issues to the...

  • FOREX-Dollar on track for steep weekly losses Thursday, 11 Feb 2016 | 10:50 PM ET

    *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese Finance Minister Taro Aso adopted stronger rhetoric, saying...

  • SINGAPORE, Feb 12- Chicago soybeans climbed to a one-week high on Friday, rising for a second session on support from strong demand for U.S. exports as the market eyes the return of Chinese buyers to make further purchases. Chicago Board Of Trade most-active soybeans are up 0.9 percent this week, partially recouping last week's 1.7 percent loss.

  • Japan stocks down 5.3 percent after Europe, US sell-off Thursday, 11 Feb 2016 | 10:13 PM ET

    TOKYO— Japan's main stock index dived more than 5 percent Friday, leading other Asian markets lower, after a sell-off in banking shares roiled investors in Europe and the U.S. Shares in New Zealand, Taiwan and Thailand fell while Singapore and Indonesia rose. Markets in China and Taiwan are closed until Monday for Lunar New Year holidays.

  • Who stole the yen carry trade? Thursday, 11 Feb 2016 | 9:20 PM ET

    Japan's negative rate policy should have weakened the yen, but instead it's spurred a rally as appetite to use the currency to fund other bets wanes.

  • *Rising yen, falling stocks undermines Japan's economy. TOKYO, Feb 12- Japanese Finance Minister Taro Aso said on Friday the government would take necessary steps to deal with currency volatility, the minister's strongest hint of intervention since the yen began its surge this month. The dollar fell below 111 yen on Thursday to hit its lowest level since October...

  • Markets are overreacting about Japan: Strategist Thursday, 11 Feb 2016 | 7:56 PM ET
    Japanese economy outlook

    Markets are overreacting to the stronger yen and BOJ's negative interest rates policy, remarks John Vail from Nikko Asset Management Americas.