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 Q4 economic growth likely rebounded on tourism reopening
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely returned to growth in the last quarter of 2022 as the country reopened to tourists, offsetting weakening corporate activity and exports amid darkening…
Japan’s Takeda’s profit slips 13%, pipeline bolsters outlook
TOKYO (Reuters) – Japan’s Takeda Pharmaceutical Co posted a 13% drop in operating earnings for the nine months ended December but kept its profit outlook for the fiscal year unchanged as it…
Japan’s factory activity extends declines for third straight month – PMI
TOKYO (Reuters) – Japan’s manufacturing activity contracted for a third straight month in January as export weakness persisted amid a worsening global outlook, a corporate survey showed on Tuesday. The au Jibun…
Japan’s JERA signs ammonia supply MOUs with Yara, CF Industries
(Reuters) – Japan’s biggest power generator JERA signed ammonia supply memorandums of understanding (MOUs) with CF Industries of the United States and Norway’s Yara Clean Ammonia Norge AS, as it aims to…
What is happening in Japan’s bond market?
By Junko Fujita TOKYO (Reuters) – Market forces have pushed Japanese government bond yields above policy targets. The moves are the biggest test in seven years of yield control in Japan, and…
Blinken says U.S. applauds Japan’s decision to double defense spending
WASHINGTON (Reuters) – The United States applauded Japan’s decision to double defense spending by 2027, U.S. Secretary of State Antony Blinken said on Wednesday, ahead of planned talks later this week between…
Explainer: Why the U.S. is overhauling its marines on Japan’s Okinawa
By Tim Kelly TOKYO (Reuters) – The United States plans to shake up its marine force on Japan’s Okinawa islands as Tokyo undertakes its biggest military build up since World War Two…
U.S. wants to deploy missile-armed Marines along Japan’s Okinawa islands -Yomiuri
TOKYO (Reuters) -The United States wants to disperse U.S. Marine units throughout Japan’s Okinawa islands by 2026, arming them with missiles and lighter gear to deter China’s military, and will discuss the…
Japan’s Kishida set to talk military buildup, chips on G7 tour
By Elaine Lies and Tim Kelly TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida starts a tour of key Western partners on Monday, after unveiling his country’s biggest military buildup since World…
Japan’s output gap closes in positive sign for economy, BOJ
By Leika Kihara TOKYO (Reuters) – Japan’s economic output recovered to near its full capacity for the first time in nearly three years, data showed on Friday, a sign the world’s third-largest…
Japan’s Kishida urges companies to give wage hikes that exceed inflation
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday urged companies to increase wages faster than the rate of inflation. “In the past 30 years, wages did not rise much despite…
Academic close to Japan’s Kuroda says BOJ moving towards policy normalisation
TOKYO (Reuters) – The Bank of Japan’s decision to raise its bond-yield ceiling could be the first step toward normalising ultra-easy policy, Takatoshi Ito, a Columbia University professor who is close to…
Japan’s Inpex signs 20-year LNG deal with Venture Global
SINGAPORE (Reuters) – Inpex Corp, Japan’s biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global…
South Korea protests Japan’s island claim in national security strategy
SEOUL (Reuters) – South Korea issued a strong protest against Japan’s territorial claim over disputed islands made in a national security strategy released on Friday while cautiously responding to Tokyo’s plans for…
Japan’s Q4 tankan factory mood set to weaken on inflation, global slowdown: Reuters Poll
By Kantaro Komiya TOKYO (Reuters) – Japanese manufacturers’ sentiment likely weakened in the last quarter of 2022 on sustained cost pressures and a bleaker global economic outlook, a Reuters poll of analysts…
Up, down, up again: Japan’s soccer-related stocks mirror Samurai Blue’s performance
By Nobuyo Saito TOKYO (Reuters) – Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team’s roller-coaster performance at the World Cup where the “Samurai…
Japan’s Nikkei seen rallying 6% to key 30,000 level by mid-2023: Reuters poll
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei 225 share average will rally to the psychological 30,000 level by the middle of next year for the first time since September 2021, according…
Japan’s Kishida rules out changing policy agreement with BOJ
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida on Monday brushed aside the chance of adding wage growth as a new monetary policy goal the government and…
Japan’s top venture capital firm yields to activist for massive buybacks
By Makiko Yamazaki TOKYO (Reuters) – Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through a tender…
Japan’s Olympus says moving from asset sales towards doing deals
By Rocky Swift and Mayu Sakoda TOKYO (Reuters) – Japanese medical equipment maker Olympus Corp has largely completed a slew of asset sales and is now keen to do deals, particularly in…
Japan’s biggest bank Mitsubishi UFJ reports 70.5% slump in Q2 profit
TOKYO (Reuters) – Mitsubishi UFJ Financial Group Inc, Japan’s largest lender by assets, on Monday reported a 70.5% slide in second-quarter net profit because of another one-off loss related to the sale…
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 of 174.67 billion yen ($1.25 billion) in…
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 at high levels as the weak yen…
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 easing of restrictions on foreign tourism and…
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 market. “No one benefits from speculative, sharp…
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