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Asia Top News and Analysis Japan

  • TOKYO, Oct 5- Japan's Economics Minister Seiji Maehara, who also oversees national strategy, said on Friday nuclear reactors can restart if a new regulator approves their safety.

  • *Nifty futures on Singapore Exchange. *India's cabinet approved bills on Thursday to attract foreign investment into insurance and pensions among a package of new measures to restore confidence in the economy, although the reforms will face a tough fight in parliament.

  • TOKYO, Oct 5- Japan government bonds were mostly lower in relatively thin trade on Friday as stronger equities decreased the appeal of fixed-income assets, but investors were reluctant to make major moves ahead of a Bank of Japan policy decision later in the session.

  • *Seven& I suffers as weaker supermarket sales hurt. TOKYO, Oct 5- Japan's Nikkei average hit a one-week high on Friday, lifted by gains in some battered cyclical stocks, ahead of the outcome of a Bank of Japan policy meeting and key U.S. jobs data. Republican candidate, Mitt Romney, in his first debate with President Barack Obama, dealers said.

  • SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.

  • TOKYO, Oct 5- The Nikkei average rose 0.4 percent and the broader TOPIX was 0.2 percent higher on Friday.

  • South Korea's Kospi added 0.3 percent to 1,997.84 and Hong Kong's Hang Seng added 0.2 percent to 20,958.21. Benchmarks in Taiwan and New Zealand also rose. Later in the day, the Bank of Japan will announce the outcome of its two-day policy meeting.

  • YOKOHAMA, Japan, Oct 5- Nissan Motor Co expects anti- Japan protests in China to have affected sales there in September, but the carmaker will not change its strategy there, an executive said. "China is a growing market," Executive Vice President Takao Katagiri told reporters at a news conference on Friday.

  • Advan rose 5.3 percent to 816 yen after the construction company said it would buy back 125,000 shares, or 0.6 percent of all issued stock, for a maximum of 100 million yen, between Oct. 5 and Oct. 4, 2013.

  • SEOUL, Oct 5- South Korean automaker Hyundai Motor said on Friday its China sales climbed 15 percent to 84,188 vehicles in September from a year earlier, as anti- Japan protests in the world's top market hit sales of Japanese rivals. Hyundai's September sales mark a rise of 12 percent from August sales of 75,158, according to an emailed response to a Reuters query.

  • TOKYO, Oct 5- Japan's Economics Minister Seiji Maehara, who also oversees national strategy, said on Friday nuclear reactors can restart if a new regulator approves their safety, saying it is up to each utility to judge the need to use nuclear energy in a power mix for the time being.

  • BANGKOK, Oct 5- Following is some company-related and market news which could have an impact on the local market on Friday. SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high.

  • TOKYO, Oct 5- Japanese Economics Minister Seiji Maehara said he will attend the Bank of Japan's monetary policy meeting on Friday with the stance that the government wants the central bank to take steps to meet its goal of price stability.

  • Warabeya Nicho Co Ltd climbed 5.1 percent to 1,374 yen, a one-month high, after the prepared food company hiked its operating profit forecast for the year ending Feb. 2013 by 3 percent to 4.7 billion yen after strong sales of its products in Seven Eleven convenience stores, operated by Seven& i Holdings Co.

  • Japanese Recovery Hinges on BOJ's Efforts

    Martin Schulz, Senior Economist, Fujitsu Research Institute explains why he thinks the Bank of Japan is the only institution that can take action to boost the economy amid the current slump in Japan.

  • Ryohin Keikaku Co Ltd rose 4 percent to 4,995 yen, a three-week high, after the operator of household and apparel store Muji raised its operating profit forecast for the year ending Feb. 2013 to 19.4 billion yen from a previous forecast of 18 billion yen as steady sales and cost-cutting measures widened profit margins.

  • TAIPEI, Oct 5- Taiwan stocks rose 0.15 percent on Friday, lifted by chip makers. The Taiwan dollar was up own by T $0.121 to trade at T $29.267. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........

  • *Seven& I suffers as weaker supermarket sales hurt. TOKYO, Oct 5- Japan's Nikkei stock average hit a one-week high on Friday morning, tracking gains on Wall Street, ahead of the outcome of a Bank of Japan policy meeting and key U.S. jobs data. Republican candidate, Mitt Romney, in his first debate with President Barack Obama, dealers said.

  • HONG KONG, Oct 5- Hong Kong shares are expected to rise for a fifth straight session and poised to end a holiday-shortened week with mild gains, although caution ahead of U.S. payrolls data is likely to keep trading activity light.

  • DIC Corp moved up 3.9 percent to 134 yen after the Nikkei business daily said the printing company's interim operating profit had likely risen 6 percent on the year to 19 billion yen, topping the company's guidance of 18 billion yen, after it raised prices to offset a strong yen and lower sales.