Asia Top News and Analysis Japan

  • TOKYO, Oct 5- Japan's index of coincident economic indicators fell a preliminary 0.2 point in August from July, the Cabinet Office said on Friday. --Ministry of Finance-- Ministry of Economy-- Bank of Japan For more economic news click:. --Top News for the global economy.

  • Italy faces the risk of a credit crunch when its banks have to repay the cheap three-year loans they took from the European Central Bank, the chairman of the country's third-biggest lender Monte dei Paschi said on Thursday.

  • TOKYO, Oct 5- Sony Corp has halted sales of its Xperia tablet PCs, which the Japanese electronics firm launched to compete with Apple Inc's iPads, after finding some models had low water resistance, Jiji News Agency said on Friday.

  • *BOJ seen under pressure to ease at Oct. 30 meeting. TOKYO, Oct 5- The Bank of Japan resisted political pressure for action and kept monetary policy steady on Friday, but left the door open to more monetary easing later this month by striking a pessimistic note on the state of the world's third-largest economy.

  • HELSINKI, Oct 5- Finnish nuclear consortium Fennovoima may choose Japan's Toshiba reactor over Areva's for its nuclear plant in northern Finland as Toshiba's cooling system is better, daily Helsingin Sanomat reported on Friday.

  • *BOJ seen under pressure to ease at Oct. 30 meeting. TOKYO, Oct 5- The Bank of Japan resisted political pressure for action and kept monetary policy steady on Friday, but left the door open to more monetary easing later this month by striking a pessimistic note on the state of the world's third-largest economy.

  • LONDON, Oct 5- European equities powered higher on Friday, propelled by a strong U.S. jobs report which reassured investors about the health of the global economy and opened the door for a further short-term rise in miners and industrials. Equities can still rally in the short term,... maybe a couple of percent more, "said Peter Garnry, equity strategist at Saxo Bank.

  • TOKYO-- Japan's central bank has ended its latest policy meeting with no change in the country's key interest rate, resisting government pressure for further easing. The Bank of Japan said in a statement Friday that it expected the world's third-largest economy to "level off" for now, with inflation at about 0 percent.

  • BOZEMAN, Mont.-- A Japanese pharmaceutical company is acquiring Bozeman- based LigoCyte Pharmaceuticals in a $60 million deal to expand its vaccine division, Takeda Pharmaceutical Co. announced.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. Labor Department data showed the jobless rate dropped by 0.3 percentage point in September to 7.8 percent, its lowest since January 2009.

  • WASHINGTON-- Chinese artist Ai Weiwei, who helped design Beijing's Olympic Stadium and has since drawn tough scrutiny for his political activism, is opening the first North American retrospective exhibition of his work in Washington.

  • TOKYO, Oct 5- Pan Pacific Copper, Japan's biggest copper smelter and a subsidiary of JX Holdings, said it plans to produce 268,300 tonnes of refined copper in the October-March second half, up 12.4 percent from the same period last financial year.

  • TOKYO, Oct 5- Economics Minister Seiji Maehara said on Friday he will continue to attend the Bank of Japan's policy meetings as much as possible and keep calling for powerful monetary easing. But he also told reporters that he respects the central bank's independence in making decisions on monetary policy.

  • *Exports to China down 10.6 pct on yr; up 15.4 pct to Japan. KUALA LUMPUR, Oct 5- Malaysia's August 2012 trade data released by the Trade Ministry on Friday:. *Reuters poll: Malaysia's August exports seen lower for second month.

  • *BAE Systems wanes on EADS merger concerns. LONDON, Oct 5- UK equities rallied on Friday as better than expected employment figures in the United States, the world's biggest economy, spurred buying of commodity stocks and banks. "To see the rate of unemployment fall so much was a big surprise," said Oliver Wallin, investment director at Octopus Investment.

  • *South Korea's biggest refiner SK Energy received Iran cargo on Oct 2. *Iran has $5- 6 bln in bank accounts in South Korea- govt source.

  • *BOJ seen under pressure to ease at Oct. 30 meeting. TOKYO, Oct 5- The Bank of Japan kept monetary policy steady on Friday despite mounting political pressure for action as sagging exports to China and Europe heighten the chance of a recession, preferring to hold fire now to assess the effect of last month's stimulus.

  • TOKYO, Oct 5- U.S. 10- year Treasuries were steady on Friday, as investors awaited key U.S. employment data later in the session to gauge the strength of labor market conditions. *The Treasury will offer $66 billion in three-year notes, 10- year notes and 30- year bonds in next week's sales.

  • TOKYO, Oct 5- The Bank of Japan kept monetary settings unchanged on Friday after having loosened policy only last month, but it cut its assessment of the economy due to weakening exports and production. "Japan's economic activity is more or less levelling off," the BOJ said in a statement announcing its policy decision.

  • TOKYO, Oct 5- The Bank of Japan kept monetary settings unchanged on Friday after having loosened policy only last month, but it cut its assessment of the economy due to weakening exports and production. "Japan's economic activity is more or less levelling off," the BOJ said in a statement announcing its policy decision.