Asia Top News and Analysis Japan

  • TOKYO, Oct 9- Japanese government bonds were steady on Tuesday, as heightened worries about slowing global growth and sagging stocks supported demand for fixed income assets.

  • TOKYO, Oct 9- The Asian Development Bank is crafting a preliminary aid plan for Myanmar, which will be extended on condition that the country solves its debt problem, the bank's president Haruhiko Kuroda said on Tuesday.

  • TOKYO, Oct 9- Economics Minister Seiji Maehara said on Tuesday he wants the Bank of Japan to quickly achieve results showing it is meeting its goal of a 1 percent rise in consumer prices. He also said the government and the central bank should consider additional policy options if necessary.

  • TOKYO, Oct 9- Sumitomo Metal Mining Co, a major Japanese non-ferrous metal producer, said it had found new gold deposit at its Hishikari mine in South Japan, which could generate 30 tonnes of gold.

  • SEOUL, Oct 9- South Korea and Japan have agreed to let their expanded currency swap arrangements introduced a year ago expire at the end of this month as scheduled, the Bank of Korea said in a statement on Tuesday.

  • TOKYO, Oct 9- Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.

  • *Softbank falls, beaten by KDDI on sales of iPhone 5. TOKYO, Oct 9- Japan's Nikkei share average dropped in early trade on Tuesday on growing concern that companies will slash full year forecasts when they release quarterly earnings, after the World Bank warned China's slowdown may be more protracted than thought.

  • A bank teller counts 10,000 yen (118 USD) bank notes in Tokyo on September 22, 2010. The USD tumbled against the yen in Asia after the US Federal Reserve indicated it was prepared to take further measures to boost a faltering economic recovery. The USD fell to 84.80 yen in Tokyo morning trade, down from 85.15 yen in New York.

    Japan's current account surplus unexpectedly rose in August from a year earlier due to an increase in earnings on overseas investments, but sagging exports due to the faltering Chinese economy and Europe's debt crisis still cloud the outlook.

  • BANGKOK, Oct 9- Following is some company-related and market news which could have an impact on the local market. SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- POLYPLEX PCL.

  • TOKYO, Oct 9- A gauge of sentiment in the Japanese government bond market has gone deeper into negative territory, though investors expect buying at the beginning of the second half of the fiscal year to keep yields from rising far from recent ranges, a weekly Thomson Reuters survey showed on Tuesday.

  • TAIPEI, Oct 9- Taiwan stocks traded flat after a fall at the opening on Tuesday, while HTC. The Taiwan dollar was up by T $0.113 to trade at T $29.289. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........

  • TOKYO, Oct 9- Attempts to maintain high growth beyond a country's potential could cause imbalances, Bank of Japan Governor Masaaki Shirakawa said, warning that no economy can maintain high growth indefinitely.

  • HONG KONG, Oct 9- Hong Kong shares were set for a flat to slightly higher open on Tuesday with investors focused on China's domestic markets for direction, after the International Monetary Fund said China's growth was expected to weaken to 7.8 percent this year.

  • MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday on a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.

  • *Japan's hefty holding of overseas assets offsets weak exports. TOKYO, Oct 9- Japan's current account surplus unexpectedly rose i n August from a year earlier due to an increase in earnings on overseas investments, but sagging exports due to the faltering Chinese economy and Europe's debt crisis still cloud the outlook.

  • TAIPEI, Oct 9- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Taiwan exports return to growth in Sept. >Intel's McAfee security plans layoffs.

  • TOKYO, Oct 9- Asian shares edged higher on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.

  • TOKYO-- Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast. Conditions could worsen if the United States doesn't deal with its budget crisis soon, the IMF said.

  • TOKYO, Oct 9- Bank of Japan Governor Masaaki Shirakawa said on Tuesday attempts to maintain high growth beyond a country's potential could cause various imbalances.

  • TOKYO, Oct 9- Japan's Nikkei share average fell at Tuesday's open on growing concern that companies will slash full-year earnings forecasts when they announce quarterly earnings, after the World Bank warned China's slowdown could be more protracted than thought. lost 0.5 percent to 8,817.32, while the broader Topix. lost 0.4 percent to 734.44.