Japan’s corporate service inflation steady at nearly 9-year high in December
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour costs amid…
Japan’s Nikkei seen rising to 35,000 by mid-2024 on earnings boost: Reuters poll
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will continue its more-than-28% rally this year into 2024 to reach a three-decade high of 35,000 by end-June, according to analyst…
Japan’s Kishida wants businesses to make higher wage hikes next year
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday asked business leaders to raise wages in next year’s spring labour negotiations to a level higher than this year’s against the backdrop…
Japan’s efforts to foster chip sector are ‘impressive’ – research org head
By Sam Nussey TOKYO (Reuters) – Japan’s efforts to regain its position as a leading manufacturer of chips are “impressive”, the head of a leading chip research organisation said on Thursday. “Japan…
Japan’s factory activity squeezed by weak demand, inflation in Oct – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for a fifth straight month in October, a survey showed on Wednesday, as subdued demand and inflationary pressures squeezed businesses. The final au Jibun Bank…
Marketmind: Japan’s dramatic FX, bond market divergence
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. It promises to be another dramatic day in Asia on Wednesday, as…
Japan’s Sept factory output rises less than expected
TOKYO (Reuters) -Japan’s factory output rose much less than expected in September, government data showed on Tuesday, as demand slowed significantly, adding to uncertainty hanging over the export-reliant economy’s outlook. Industrial output…
Core inflation in Japan’s capital unexpectedly accelerates, BOJ in spotlight
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Core consumer inflation in Japan’s capital Tokyo, considered a leading indicator of nationwide trends, unexpectedly accelerated in October, a sign of broadening price pressures…
At auto show, Japan’s Kishida calls for exit from deflationary past
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida used his visit to Tokyo’s auto show on Thursday to call for the private sector’s help in ensuring the economy makes a “total break”…
Japan’s 10-year yield hits new decade high on BOJ tweak speculation
TOKYO (Reuters) – Japan’s 10-year government bond yield touched a new decade-high on Wednesday on speculation that the Bank of Japan (BOJ) may raise its cap for the benchmark yield. The 10-year…
Japan’s price trend gauge hits record, signals broadening inflation
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – A key measure of Japan’s trend inflation accelerated to 2% in September, hitting a record and matching the central bank’s target, data showed…
Japan’s factory, service sector activity under pressure in Oct – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a fifth straight month in October while the service sector saw its weakest growth this year, a survey showed on Tuesday, amid growing uncertainty…
Japan’s largest labour union to seek wage hike over 5% next year – NHK
TOKYO (Reuters) -Japan’s largest labour organisation Rengo is planning to ask for a total pay hike of more than 5%, including a 3% increase in base salaries, at negotiations in spring next…
Japan’s yen still perceived as safe-haven asset – MOF’s Kanda
By Tetsushi Kajimoto and Satoshi Sugiyama TOKYO (Reuters) – Japan’s top financial diplomat said on Monday the yen was still perceived as a safe haven asset like the Swiss franc and U.S.…
IMF’s Georgieva lauds Japan’s contribution to low-income trust, sees more coming
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Japan made a “very impressive pledge” to an International Monetary Fund account that provides subsidies to enable zero-interest rate loans to the poorest countries, IMF…
Japan’s government considering extending fuel subsidies -Kyodo
(Reuters) – Japan’s government is considering extending subsidies to curb gasoline prices beyond January next year, Kyodo news agency reported on Wednesday, a move that will likely moderate the pace of inflation…
Japan’s manufacturers’ sentiment weighed by overseas risks – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Business morale at large Japanese manufacturers was subdued in October, although the services-sector mood edged up, the Reuters Tankan poll showed, as upbeat domestic demand helped…
Top bank MUFG’s market chief flags concerns on Japan’s lax fiscal discipline
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – Japan’s financial indiscipline amid rising inflation may disrupt its bond market, a senior executive of top lender Mitsubishi UFJ Financial Group said, in…
Japan’s Kishida vows to focus on wage hikes at union meeting
By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Thursday stressed the need to achieve sustained, broader wage hikes to cushion the blow to households from rising living costs.…
Japan’s economy running at near full capacity, BOJ estimates show
By Leika Kihara TOKYO (Reuters) – Japan’s economy has recovered and is running near its full capacity in the second quarter, data from the central bank showed on Wednesday, adding to growing…
Japan’s factory activity extends declines in September – PMI
TOKYO (Reuters) – Japan’s factory activity fell at the fastest pace in seven months in September, a survey showed on Monday, as worsening global economic conditions continued to weaken demand. The final…
Japan’s economy minister says authorities must ensure end to deflation
By Yoshifumi Takemoto and Tetsushi Kajimoto TOKYO (Reuters) – Japan is no longer in deflation but policymakers need to ensure prices do not slide back into contraction, economy minister Yoshitaka Shindo said…
Japan’s factory activity shrinks, service sector growth slows in Sept – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for the fourth straight month and the service sector growth slipped to an eight-month low, a survey showed on Friday, highlighting the challenges facing the…
Japan’s Kishida seeks to shake up to $5 trillion asset management industry
By Makiko Yamazaki (Reuters) – Japanese Prime Minister Fumio Kishida aims to spur competition in the country’s $5 trillion asset management industry by prompting new market entrants to turn dormant household savings…
Japan’s top currency diplomat says Tokyo in close contact with US on FX moves
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a mutual understanding that excessive volatility is undesirable, Tokyo’s top foreign exchange official…
Japan’s central bank will keep stimulus for now as risks grow
By Leika Kihara TOKYO (Reuters) – The Bank of Japan will likely keep interest rates ultra-low on Friday and reassure markets that monetary stimulus will stay, at least for now, as China’s…
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