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Asia Top News and Analysis Japan

  • *Canada dlr, Mexican peso rebound after Trump NAFTA comments. LONDON, April 27- A record-setting rally in world stocks ran out of steam on Thursday, with unconvincing U.S. tax cut plans cooling investors' spirits and caution setting in as the European Central Bank met. Europe's main bourses were as much as 0.7 percent lower as traders pulled back after six days of...

  • *Japan's economy turning toward expansion- BOJ. TOKYO, April 27- The Bank of Japan offered its most optimistic assessment of the economy in nine years at its policy meeting on Thursday and described recent weakness in inflation as temporary, signalling confidence a sustained recovery will help achieve its ambitious price target. "The inflation and growth...

  • TOKYO— Nintendo Co. says its new Switch, a hybrid game machine that works as both a console and a tablet, is selling well, helping the Kyoto- based company behind the Super Mario and Pokemon franchises trim its quarterly losses. Nintendo said Thursday it has sold 2.74 million Switch machines and 5.46 million units of Switch software since sales began in March.

  • *Sees this FY profit at Y65 bln vs Y29.4 bln year prior. OSAKA, April 27- Japan's Nintendo Co Ltd said on Thursday it expects operating profit to jump 121 percent in the year through March 2018, bolstered by strong demand for its new Switch console. Nintendo estimates profit to grow to 65 billion yen from 29.4 billion yen a year prior.

  • OSAKA, April 27- Japan's Nintendo Co Ltd said on Thursday it expects operating profit to jump 121 percent in the year through March 2018, bolstered by strong demand for its new Switch console. Nintendo estimates profit to grow to 65 billion yen from 29.4 billion yen a year prior. Kyoto- based Nintendo is aiming to sell 10 million Switch consoles in the current...

  • HONG KONG— Asian shares were fairly firm Thursday as investors assessed the scant details of President Donald Trump's U.S. tax overhaul and a Japanese central bank report forecasting steady growth for Asia's No. 2 economy. KEEPING SCORE: Japan's benchmark Nikkei 225 index lost 0.2 percent to 19,251.79 while South Korea's Kospi was nearly flat at 2,207.85.

  • Future of the Bank of Japan's monetary policy, structural issues

    Jane Foley, head of FX strategy at Rabobank, discusses potential monetary policy moves from the Bank of Japan.

  • Bank of Japan (BOJ) governor Haruhiko Kuroda attends a press conference at the BOJ headquarters in Tokyo on April 27, 2017.

    The Bank of Japan raised its economic forecasts at its policy meeting outcome on Thursday, but it kept policy steady.

  • TOKYO, April 27- Japanese government bond prices were mostly steady on Thursday, underpinned by stronger U.S. Treasuries, and were given some breathing space as Tokyo stocks pulled back from a four-week high. Treasury prices rose on Wednesday, reversing steep losses sustained the last few sessions, as President Donald Trump unveiled a tax reform plan that...

  • TOKYO— Japan's central bank kept its ultra-lax monetary policy unchanged Thursday, forecasting that growth in the world's third-largest economy would remain slow but steady through the fiscal year ending in March 2018. Most analysts were expecting the Bank of Japan to stand pat. The Bank of Japan is pumping trillions of yen into the economy each month through...

  • TOKYO, April 27- The dollar held gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh surprises, slowing the greenback's rally, while the market awaited the European Central Bank's upcoming monetary policy decision. The Canadian dollar and Mexican peso, which had slumped earlier on reports the United States is...

  • BOJ made the right decision: Expert

    It's too premature for the Bank of Japan to consider ending monetary stimulus, warns Neeraj Seth of BlackRock.

  • TOKYO, April 27- Japan's finance minister will meet the chief executive of Japan Post Holdings Co in the coming days over the state-controlled company's shock $3.6 billion writedown on its Australian logistics arm, Toll Holdings Ltd, a source said. The source, who has direct knowledge of the meeting, said Taro Aso and Japan Post's Masatsugu Nagato would focus on...

  • TOKYO, April 27- The Canadian dollar and Mexican peso gained on Thursday, bouncing from falls earlier, after news that U.S. The Canadian dollar rose about 0.4 percent to C $1.3569 per dollar after declining to a 14- month low of C $1.3648 on reports earlier that the United States was considering pulling out from NAFTA. The Mexican currency gained 0.8 percent to...

  • *Sentiment sours after Wall Street slumps as tax plan disappoints. *Foreigners remain net buyers of Japan shares through April 22. TOKYO, April 27- Japan's Nikkei share average slipped on Thursday, giving back some of this week's gains as sentiment soured on Wall Street losses and wary investors awaited the Bank of Japan's policy decision.

  • TOKYO, April 27- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems, the...

  • TOKYO, April 27- The dollar clung to gains against the yen on Thursday after U.S. President Donald Trump's tax plan offered no fresh surprises, halting the greenback's rally, while the market awaited the European Central Bank's upcoming monetary policy decision. The Canadian dollar and Mexican peso also lost steam on reports the United States is considering...

  • TOKYO, April 27- Trading in shares of Japan's Takata Corp was suspended on Thursday after a newspaper report that the embattled auto parts maker was considering filing for bankruptcy protection, selling all operations to a newly created company. The Nikkei business daily said the plan would call for U.S.-based Key Safety Systems, a unit of China's Ningbo...

  • A croupier deals a card on a blackjack table inside the Venetian Macao resort and casino, operated by Sands China, in Macau, China.

    Las Vegas Sands posted better first-quarter earnings, driven by gains from its Las Vegas operations and improving trends in Macau.

  • STOCKHOLM- Swedish Central Bank announces its interest rate decision. FRANKFURT- European Central Bank will hold a press conference following the governing council monetary policy meeting in Frankfurt 1330 GMT. EANSTON, Illinois- Federal Reserve Board Governor Lael Brainard speaks on "Fintech" before the Kellogg School of Management at Northwestern...