Latest Japan News
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Japans Nikkei Goes for Wild Ride for Second Day
Japan's stock market witnessed a second-straight day of heightened volatility on Friday, swinging from gains of 3 percent to deep losses before bouncing back again, leaving traders puzzled as to what was going on in Asia's biggest stock market. The Nikkei, which rose about 3 percent in early trade, fell more than 3 percent in the final hour of Tokyo trade before paring those losses. ...
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Nikkei ends rollercoaster session in positive territory
(34 mins ago) Shares in Tokyo closed 0.89 percent higher today in a rollercoaster session that came a day after the Nikkei suffered its worst one-day drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei 225 index, which on tumbled 7.3 percent yesterday, finished 0.89 percent, or 128.47 points, higher at 14,612.45, while the broader Topix index of all first-section ...
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Eurozone crisis live Japan closes higher after wild day of trading
The Japanese market suffered another turbulent session after Thursday's dive - dropping as much as 3.5% in the afternoon - but stabilised to close 0.9% ...
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Mitsubishi Motors proposes capital change
dividend payments - after a gap of around 15 years - and will be put to shareholders at the annual meeting on June 25, the company said. "We decided to conduct a reduction in capital with the main purpose of setting up an environment in which we can resume dividend payments at an early stage," it ...
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GLOBAL MARKET-Volatile Nikkei keeps Asian stocks on edge
Fri May 24, 2013 3:45am EDT * Nikkei ends a seesaw day up 0.9 pct * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro on turbulent Nikkei * European stocks expected to fare better By Ian Chua SYDNEY, May 24 (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has ...
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Australian shares dive to one-month low Japan uncertainty hits
Fri May 24, 2013 2:47am EDT (Adds details, comments) SYDNEY May 24 (Reuters) - Australian shares reversed early gains to fall 1.6 percent as faltering banks and market volatility hit investor sentiment on Friday, sending the benchmark index tumbling further from one-month lows touched a day earlier. Japan's Nikkei share average turned positive in a volatile session on Friday afternoon after ...
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Japans Nikkei rebounds after Thursday plunge
Pedestrians are reflected as they walk past an electric quotation board displaying the Nikkei key index of the Tokyo Stock Exchange (TSE) in front of a securities company in Tokyo on May 10, 2013. The Nikkei regained some of the losses sustained on Thursday. (TORU YAMANAKA/AFP/Getty ...
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Meeting between Osaka mayor and comfort women canceled
A meeting between Osaka Mayor Toru Hashimoto, also co-leader of the opposition Japan Restoration Party, and two women who were recruited by the Japanese military into sexual servitude as the so-called " comfort women" during World War II was canceled, city officials said on Friday. The cancellation of the meeting came amid continuing criticism of Hashimoto's recent remarks on the ...
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Japans ANA to resume Boeing 787 flights on Sunday
TOKYO (AP) -- Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering ...
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Sensex Nifty down after Nikkei turns shaky
The BSE Sensex turned lower on Friday after opening with over 150 point-gain, suggesting the lack of conviction in the markets. The broader Nifty convincingly broke the 6,000 mark tracking a sharp plunge in Japan's Nikkei 225 benchmark. Tokyo's Nikkei fell as much as 3.5 per cent, having earlier risen more than 3 percent. The yen reversed early losses, keeping intact worries that ...
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Japan stocks rebound from overnight collapse as yen-sellers resurface
Japan's cabinet officials as well as BOJ Gov Kuroda smoothed over concerns, reiterating the JGB and equity markets are being closely watched, and the primary policymakers focus is beating deflation. Note the 10-yr JGB yield, which fell over 15bps from overnight 1% highs after the BOJ liquidity injection, is back in high 0.80%'s. Market focus turns to the IFO data out of Germany in the ...
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Japans Nikkei turns positive in volatile trade
Reuters © A passerby is reflected on a graph showing recent movements of Japan's Nikkei average at a brokerage in Tokyo May 24, 2013. REUTERS/Issei ...
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Tokyo stocks tumble in afternoon trade
Tokyo stocks lost their early gains on Friday afternoon as they tumbled back into the red, a day after suffering the worst one-session drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei 225, which on Thursday tumbled 7.3 percent, was down 3.37 percent, or 488.64 points, at 13,995.34 at 0445 GMT, before halving that loss just a few minutes later. The wild market ...
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Japan stocks slip into losses after Kuroda remarks
HONG KONG (MarketWatch) -- Japanese stocks tumbled back into losses in Friday afternoon trading as the yen strengthened sharply, despite comments from Bank of Japan Gov. Haruhiko Kuroda's remarks ...
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Sony to Sell $1.5 Billion in Corporate Bonds in Japan
The five-year bonds, to be issued in June, will be the first sale to retail investors in Sony's history as the company looks to widen its fundraising ...
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Sony to tap consumers for 150 billion yen
investors to raise 150 billion yen ($1.48 billion). Most of the proceeds will be used to roll over 110 billion yen of debt due for repayment at the end of the year, with the remainder to be used to invest in plant and equipment. "The bond is primarily for ...
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Nikkei reverses gains extends Thursdays 7.3 slide
TOKYO: Japan's Nikkei share average reversed gains on Friday afternoon as profit-taking set in after the index rebounded earlier from the previous session's 7.3 percent slide. The Nikkei slipped 1.2 percent to 14,313.86 in the afternoon session after ending 2.7 percent higher in morning ...
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Japans Meiji Yasuda can start buying 10-yr JGBs at 1 pct
TOKYO | Fri May 24, 2013 1:00am EDT TOKYO May 24 (Reuters) - Japan's Meiji Yasuda Life Insurance Co said on Friday it will shift some of the money earmarked for foreign bonds to Japanese government bonds given their rise in yields. Japan's third-largest private life insurer said it can start buying 10-year Japanese government bonds at 1 percent and 20-year debt at 1.7 ...
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Nikkei falls below 14000 in sharp afternoon sell-off
TOKYO | Fri May 24, 2013 12:50am EDT TOKYO May 24 (Reuters) - Japan's Nikkei share average fell below 14,000 for the first time in three weeks at one point on Friday afternoon, extending the previous session's 7.3 percent plunge. The Nikkei was down 2.3 percent at 14,154.87 by 0448 GMT after trading as low as ...
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Sony Mobile to extend cooperation with ODM firms says marketing executive
Dennis van Schie, global head of marketing for Sony Mobile, has commented that the firm will extend cooperation and view ODM firms as strategic partners in product development to increase flexibility in R&D and ...
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Korean grannies cancel meet with Osaka mayor over war brothel remarks
OSAKA, Japan (Reuters) - Two elderly South Korean women forced to work in Japanese wartime military brothels abruptly cancelled a meeting with Osaka Mayor Toru Hashimoto after he refused to withdraw remarks asserting the brothel system was "necessary" at the ...
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Japans PM Abe defends policies as markets settle
TOKYO (AP) -- Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami ...
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Japan bonds stability ‘extremely desirable’Kuroda
TOKYO (MarketWatch) -- Bank of Japan Gov. Haruhiko Kuroda said Friday it is "extremely desirable" for the nation's debt market to be stable, adding that the central bank will run market operations flexibly and strengthen communication with the market to head off volatility in bond ...
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U.S. admits drones killed four Americans
The head of an official inquiry into the deadly collapse of a Bangladesh factory complex said the building’s owner was the ';main culprit'; for the disaster because he violated construction codes. The cave-in of the eight-story Rana Plaza outside the capital last month killed ...
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Nikkei advances 2pc by break
(45 mins ago) Tokyo stocks surged in the morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami disaster. The Nikkei, which tumbled 7.3 percent yesterday, was 2.65 percent, or 383.92 points, higher at 14,867.90 by the break after jumping more than three percent in the first few minutes of ...
Osaka Digest
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Osaka sees first InterContinental hotel built
Osaka is a major travel destination within Japan and the wider Asian region for business travelers and leisure tourists alike. The city is an economic powerhouse and part of the backbone of the Japanese economy. It makes sense for InterContinental to finally open a hotel here then.
Osaka is the second command center of the Japanese economy after Tokyo, with a daytime and nighttime population that reflects the massive draw of the city as an economic powerhouse. Read more
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