Japan’s Mizuho reports 29.3% increase in Q2 net profit
TOKYO (Reuters) – Mizuho Financial Group, Japan’s third-largest lender by assets, on Monday reported a 29.3% increase in second-quarter net profit. Mizuho posted a profit …
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Japan’s Oct wholesale prices rise 9.1% yr/yr
By Leika Kihara TOKYO (Reuters) -Japan’s wholesale prices rose 9.1% in October from a year earlier, slowing from the previous month’s record gain but remaining …
Japan’s service-sector activity growth hits 4-month high -PMI
TOKYO (Reuters) – Japan’s services sector activity grew at the fastest clip in four months in October, a private survey showed on Friday, as the …
Japan’s premier Kishida: Ready to act against excessive FX volatility
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Friday the government is ready to take appropriate action against excessive volatility in the currency …
Consumer inflation in Japan’s capital hits 33-year high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide figures, rose 3.4% in October …
Japan’s stimulus plan must exceed $100 billion, says ruling party executive
TOKYO (Reuters) – Japan’s promised economic stimulus must be big enough to exceed the economy’s output gap of about 15 trillion yen ($100 billion), a …
Japan’s Olympus names Stefan Kaufmann as next CEO in medtech pivot
TOKYO (Reuters) – Olympus Corp said on Friday that Stefan Kaufmann would become the endoscope maker’s chief executive next year, becoming one of the few …
BOJ: Japan’s banking system stable but rising global rates a risk
TOKYO (Reuters) – Japan’s banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms, the …
Japan’s finance minister vows ‘appropriate steps’ to tackle volatile yen moves
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Thursday the government will continue to take appropriate steps against excessive currency market volatility. “We …
Japan’s FX diplomat vows ‘decisive’ action against volatile yen moves
By Leika Kihara WASHINGTON (Reuters) -Japan’s top currency diplomat Masato Kanda on Friday said authorities are ready to take decisive action in the currency market …
Japan’s Oct-Dec crude steel output forecast to slip
By Yuka Obayashi and Kantaro Komiya TOKYO (Reuters) -Japan’s crude steel output is expected to fall for a fourth consecutive quarter in the last three …
Japan’s Chubu Elec to invest in Canadian geothermal venture
TOKYO (Reuters) – Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal …
BOJ to host third workshop on Japan’s price trends in November, focus on wages
TOKYO (Reuters) – The Bank of Japan (BOJ) said on Friday it will host the third session of its workshop series to analyse the country’s …
Japan’s cash in circulation falls for 1st time since 2012 – BOJ
TOKYO (Reuters) – Japan’s monetary base, or the amount of cash circulating in the economy, fell 3.3% in September from a year earlier, data showed …
Japan’s Daikin to build air conditioners in Nigeria in renewed push
TOKYO (Reuters) -Japan’s Daikin Industries Ltd will begin assembling air conditioners in Nigeria as it renews a push into Africa that had been delayed by …
Japan’s Stanley Electric signs capital alliance agreement with Honda
TOKYO (Reuters) – Japan’s Stanley Electric has signed a capital and business alliance with Honda Motor Co to facilitate next-generation technologies for vehicles, it said …
History of Japan’s intervention in currency markets
TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the …
Japan’s average land prices rise first since pre-pandemic – govt
By Kantaro Komiya TOKYO (Reuters) – Japanese land prices rose in the 12 months to July 1 for the first time since before the pandemic, …
Typhoon Nanmadol bears down on Japan’s Kyushu island
TOKYO (Reuters) – Typhoon Nanmadol bore down on Japan’s southernmost main island of Kyushu on Sunday with the Japan Meteorological Agency (JMA) warning of gales …
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the …
History of Japan’s intervention in currency markets
TOKYO (Reuters) – The Bank of Japan has conducted a rate check in apparent preparation for currency intervention, the Nikkei website reported on Wednesday, citing …
Explainer-What would Japan’s currency intervention to combat a weak yen look like?
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government said it was ready to take action if “rapid, one-sided” moves in the currency …
Japan’s ex-FX diplomat: No need for intervention to back yen
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) – Japan need not intervene in the exchange-rate market to stem yen falls, as such a move …
Japan’s services sector shrinks for first time in five months in August – PMI
TOKYO (Reuters) – Japan’s services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections hurt demand, …
Japan’s Universal Entertainment takes over operations of Okada Manila casino
MANILA (Reuters) – Japan’s Universal Entertainment Corp said on Sunday its local representatives in the Philippines have taken over the operations of the Okada Manila …
Japan’s Q2 GDP likely revised up on robust capex, outlook murky: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely expanded more than initially estimated in April-June thanks to solid business spending, a Reuters poll showed, …
Japan’s jobless rate flat at 2.6% in July – govt
TOKYO (Reuters) – Japan’s jobless rate was steady at 2.6% in July, while the availability of jobs grew for the seventh straight month to a …
Japan’s wage growth to lag inflation over next 12 months: Reuters poll
By Daniel Leussink TOKYO (Reuters) – Japanese wages are unlikely to grow as much as nationwide consumer prices over the coming year, almost 80% of …
Japan’s factory output likely fell back into contraction in July- Reuters poll
TOKYO (Reuters) – Japanese factories likely cut back output in July after the prior month’s near double-digit surge, a Reuters poll showed on Friday, as …
Japan’s Aug factory activity grows at slowest pace in 19 months – flash PMI
TOKYO (Reuters) – Japan’s factory activity growth slowed to a 19-month low in August as output and new order declines deepened, amid growing pressure from …
Japan’s Mitsui nears decision to join new Sakhalin-2 operator -Nikkei
TOKYO (Reuters) – Japanese trading firm Mitsui & Co is close to making a final decision to join a new Russian operator for the Sakhalin-2 …
Japan’s Asahi considering full-scale push into North America beer market -CEO
By Ritsuko Shimizu and Rocky Swift TOKYO (Reuters) – Japan beverage giant Asahi Group Holdings Ltd is considering full-scale entry into the North American market, …
Japan’s wholesale inflation moderates on easing global commodity pressure
By Leika Kihara TOKYO -Japanese wholesale prices rose 8.6% in July from a year earlier, data showed on Wednesday, slowing from the previous month’s pace …
Japan’s GPIF posts $28 billion Q1 investment loss on market turbulence
TOKYO -Japan’s Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter …
Japan’s economy likely rebounded in Q2 with unleashing of consumers: Reuters poll
By Kantaro Komiya TOKYO – Japan’s economy likely rebounded in April-June from contraction in the previous quarter thanks to solid consumer spending in face-to-face services …
No worries about U.S. demand for now, Japan’s Subaru says
By Satoshi Sugiyama TOKYO – Japan’s Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing …
Japan’s services sector nearly stagnates in July – PMI
TOKYO – Japan’s services sector activity almost completely stagnated in July as rising inflation and growing economic uncertainty weighed on sentiment, while firms also said …
Japan’s July factory activity growth slows as output, new orders contract
TOKYO – Japan’s manufacturing activity expanded at the weakest rate in 10 months in July, as pressure from rising prices and supply disruptions hurt output …
Japan’s inflation not mainly caused by weak yen, ADB’s Asakawa says
TOKYO – It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, …
Japan’s Mizuho Financial reports 36% drop in Q1 net profit
TOKYO – Mizuho Financial Group Inc, Japan’s third-largest lender by assets, reported on Friday a 36% drop in first-quarter net profit from a year ago …
Japan’s July factory activity growth slows to 10-month low – flash PMI
TOKYO – Japan’s manufacturing activity grew at the slowest pace in 10 months in July as output and new orders contracted, boding ill for an …
Analysis: Japan’s dovish Kishida may now take defence mantle of slain mentor Abe
By Tim Kelly and Yukiko Toyoda NARA, Japan – After a strong showing in an election overshadowed by the killing of former premier Shinzo Abe, …
Biden orders U.S flags flown at half-staff to honor Japan’s Abe
WASHINGTON – President Joe Biden said on Friday he had ordered U.S. flags to be flown at half-staff through July 10 to honor Shinzo Abe …
Japan’s Shinzo Abe sought to revive economy, fulfil conservative agenda
TOKYO – Shinzo Abe, Japan’s longest-serving prime minister, launched his “Abenomics” policies to lift the economy out of deflation, beefed up Japan’s military and sought …
Explainer – Inflation to nuclear power: What’s at stake in Japan’s election
By Elaine Lies TOKYO – Japan will vote in upper house elections on Sunday that have implications for Prime Minister Fumio Kishida’s grip on the …
Analysis-Inflation, not deflation, is now Japan’s political hot potato as election looms
By Leika Kihara and Daniel Leussink TOKYO – The rising cost of living is turning into a thorny political issue ahead of Japan’s upper house …
LG Energy Solution to supply batteries to Japan’s Isuzu Motors -newspaper
SEOUL – South Korea’s LG Energy Solution is on track to supply Japanese commercial vehicle maker Isuzu Motors with an estimated 1 trillion won ($763 …
Japan’s KDDI: Telecoms networks back up and running after failure
TOKYO – Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for …
Japan’s service sector activity grows at fastest rate in over 8 years – PMI
TOKYO – Japan’s services sector activity expanded at the fastest pace in over eight years in June as the easing of coronavirus curbs boosted sentiment …
Japan’s factory activity growth slows in June – PMI
TOKYO – Japan’s factory activity growth slowed in June as supply disruptions in part due to China’s strict COVID-19 curbs hurt manufacturers, keeping the economy …