Asia Top News and Analysis Japan


  • TOKYO— Japan's central bank left its unprecedented monetary stimulus mostly unchanged in a policy meeting Thursday, defying speculation it would open the taps further to boost growth. The Bank of Japan did offer up to 300 billion yen in support for disaster recovery financing on the southern island of Kyushu, where two earthquakes struck earlier this month.

  • TOKYO— Japan central bank leaves monetary policy mostly unchanged, boosts support for quake recovery.

  • HONG KONG/ TOKYO, April 28- Asian stocks edged higher on Thursday as the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent. Hong Kong stocks rose more than 1 percent, while S&P 500 e-mini futures edged up 0.1 percent, after Wall Street posted solid gains overnight.

  • TOKYO— Japan's central bank opted Thursday not to expand its massive stimulus policies to boost growth, apart from channeling extra support for financing disaster recovery efforts on the earthquake-stricken southern island of Kyushu. The Bank of Japan said it would provide up to 300 billion yen in zero-interest rate loans to financial institutions in the...

  • Japan march data

    JPMorgan Asset Management's Kerry Craig says there ought to be fiscal and structural changes to support the monetary policy in Japan.

  • TOKYO, April 28- Asian stocks rose on Thursday after the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent. Japan's Nikkei jumped 1.1 percent, while S&P 500 e-mini futures edged up 0.1 percent, after Wall Street posted solid gains overnight.

  • Japan Data

    Invesco Asset Management Japan's Alex Sato says Japan's recent economic data are a mixed bag and expects the BOJ to hold off on stimulus until June.

  • Japan's core consumer prices fell 0.3 percent in March from a year earlier, government data showed on Thursday.

  • *Fed offers no hints on monetary policy outlook. TOKYO, April 28- The dollar and U.S. stock futures edged up in the wake of the U.S. The BOJ's policy decision, which is often announced around noon in Tokyo, or 0300 GMT, will be a close call at this meeting.

  • KHOBAR, Saudi Arabia, April 27- The world's biggest energy company Saudi Aramco outlined financing plans on Wednesday that will support its expansion into new areas under a sweeping economic reform plan released by Riyadh this week. The plans suggest Saudi Arabia's state oil company, which Deputy Crown Prince Mohammed bin Salman estimated this week was worth...

  • TOKYO, April 27- Japan's biggest brokerage Nomura Holdings posted its first quarterly loss since 2011 on Wednesday and detailed deep cost cuts designed to get its global business back into the black. Nomura said it would target $700 million in cuts to its wholesale division within two years in a bid to return its overseas business to profit by March 2017.

  • TOKYO, April 27- Mitsubishi Motors Corp said Japanese orders for its cars have halved since it revealed last week it cheated on fuel economy tests, intensifying concerns over its prospects given an already checkered history of scandals. The automaker said it may approach its financial backers, which include other Mitsubishi Group companies, for assistance if...

  • Tatsumi Kimishima, president of Nintendo

    Japanese gaming giant Nintendo released its full-year results and revealed the date of its next video game console, codenamed the NX.

  • *Apple, Twitter results weigh on tech stocks in Europe and Asia. LONDON, April 27- European shares followed Asia's lower on Wednesday, as technology stocks fell after worse-than expected results from Apple and Twitter, while a weaker dollar before a U.S. monetary policy decision kept oil close to 2016 highs. Japan's Nikkei index closed 0.4 percent lower and Taiwan...

  • *Russia has so far dominated oil sales to China's teapot refiners. SINGAPORE, April 27- Saudi Arabia's sale of a spot crude cargo to an independent Chinese refiner marks a new phase in the turf war for dominance over Asia's oil market and sends a strong message to its rivals Russia and Iran: the fight for market share is on. It points to a more creative and less rigid...

  • TOKYO— Japanese video-game maker Nintendo Co. reported a 24 billion yen loss for January-March Wednesday, bigger than the loss it reported the previous year. Nintendo also said Wednesday that its new game platform codenamed NX will be launched globally in March next year. Recent sales of Nintendo's Wii U machine have lagged rivals Sony Corp.' s PlayStation 4...

  • *Aussie plunges after surprisingly soft Australian CPI. SYDNEY/ TOKYO, April 27- The dollar remained subdued on Wednesday after a broad retreat overnight ahead of policy decisions by both the Federal Reserve and Bank of Japan, while the Australian dollar tumbled after data showed core inflation unexpectedly slowed to the lowest on record.

  • TOKYO, April 27- Japanese life insurers, which have combined assets of roughly 200 trillion yen under management, are planning to keep increasing their foreign bond holdings in the fiscal year through March 2017. Meiji Yasuda to increase holding of both FX-hedged and unhedged bonds by Y200. Daido to further increase holdings after buying Y180 bln last FY Fukoku...

  • It would be absurd for the Fed to raise rates now, says Stephen Kalayjian. Here's why.

  • *Citi says Saudis, Iran may ramp up output. Still, analysts warned of possible price wars and excessive supply as Saudi Arabia and Iran tussle for market share. Brent crude futures' front-month contract was up 90 cents, or 2 percent, at $45.38 a barrel by 10:59 a.m. EDT.