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Brexit seen pushing down Japan's GDP by up to 1 percent

June 28, 2016 - 21:57
Britain's exit from the European Union, or Brexit, is estimated to push down Japan's gross domestic product by up to around one pct due to the yen's rising in line with falling stock prices, according to recent reports by private think tanks. (Jiji Press)
Categories: Japan News

Brexit shock may have silver lining for bruised Asian investors

June 27, 2016 - 07:09
Asia's equity markets were the first to suffer through a Brexit-fueled rout. Old Mutual PLC and Citi Private Bank are betting they may be the first to recover. (Japan Times)
Categories: Japan News

Former Japanese leader Hatoyama to buck precedent, join advisory panel of China-Led AIIB

June 26, 2016 - 23:40
Former Prime Minister Yukio Hatoyama will sit on an international advisory committee of the China-led Asian Infrastructure Investment Bank, it was learned Saturday. (Japan Times)
Categories: Japan News

Japan gov't, BOJ brace for further market volatility after Brexit

June 25, 2016 - 22:36
The Japanese government and the Bank of Japan agreed Saturday to closely cooperate to prepare for any further financial market volatility following Britain's decision to leave the European Union. (Kyodo)
Categories: Japan News

Japan's Aso concerned about risks from British vote result

June 24, 2016 - 21:56
Japanese Finance Minister Taro Aso on Friday expressed concerns about possible risks to the global economy and financial markets as Britain reportedly voted to leave the European Union. (Jiji Press)
Categories: Japan News

Nikkei plunges almost 8% in Brexit selloff

June 24, 2016 - 11:21
Tokyo's benchmark stock index nosedived almost 8% Friday as Britain's decision to leave the European Union sparked an avalanche of selling and wild swings on currency markets. (Japan Today)
Categories: Japan News

IMF urges 'reloaded' Abenomics for Japan growth targets

June 20, 2016 - 23:10
The IMF said Monday that Japanese Prime Minister Shinzo Abe's eponymous economic revitalisation plan needs to be "reloaded" with steps to increase incomes and achieve labour reforms to meet ambitious growth and inflation targets. (Japan Today)
Categories: Japan News

Brexit or not, Japan's currency on strong trend now: 'Mr. Yen'

June 20, 2016 - 22:57
The yen will strengthen past 100 per dollar this year, whichever way the U.K. votes in Thursday's referendum, according to Eisuke Sakakibara. The only difference is how fast it gets there. (Japan Times)
Categories: Japan News

Japan May exports fall on earthquake disruption, emerging market slowdown

June 20, 2016 - 09:54
Japan's exports fell at the fastest pace in four months in May on supply chain disruptions from the Kumamoto earthquake and slow growth in emerging markets - foreshadowing gloomy trade prospects for the current quarter. (reuters.com)
Categories: Japan News

Personal assets post 1st drop in 6 years

June 18, 2016 - 23:28
Financial assets held by Japanese individuals at the end of March were down from a year earlier. The drop was the first in nearly six years. (NHK)
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Kuroda warns of strong yen after BOJ maintains monetary policy

June 16, 2016 - 22:27
Bank of Japan Governor Haruhiko Kuroda warned Thursday that a strong yen will negatively affect the economy after the Japanese currency surged to a nearly two-year high against the U.S. dollar as the BOJ stood pat on monetary policy. (Kyodo)
Categories: Japan News

BOJ maintains monetary easing measures

June 16, 2016 - 05:07
Policymakers at the Bank of Japan have decided by majority vote to maintain their massive monetary easing measures, including the negative interest rate policy. (NHK)
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Japan to tap 59 billion yen in reserves for quake-hit Kumamoto, SDF

June 14, 2016 - 22:40
The Japanese government decided at a cabinet meeting Tuesday to use 59 billion yen out of the reserves set aside under the 778-billion-yen fiscal 2016 supplementary budget in part to finance works to rebuild Kumamoto Prefecture and other Kyushu southwestern Japan areas hit by a series of strong earthquakes in April. (Jiji Press)
Categories: Japan News

Business sentiment negative for 2nd quarter in row

June 13, 2016 - 10:01
Business sentiment at Japan's large companies was down for the second straight quarter in the April-to-June period. The strong yen and the series of earthquakes in Kumamoto Prefecture are being blamed. (NHK)
Categories: Japan News

'Abenomics' doubts drive foreigners off Japanese stocks, volatility spikes

June 13, 2016 - 01:12
Foreign investors are bailing out of Japanese stocks as a wobbly economy feeds disillusionment about 'Abenomics', sparking bouts of volatility in a market increasingly shaken up by policy decisions of the Bank of Japan. (Reuters)
Categories: Japan News

Japan's current account surplus up 41.7 pct in April

June 8, 2016 - 12:17
Japan's current account surplus in April rose 41.7 pct from a year before to 1,878.5 billion yen, the Ministry of Finance said Wednesday. (Jiji Press)
Categories: Japan News

Japan Jan.-March GDP growth revised up to 0.5 pct

June 8, 2016 - 12:16
Japan's gross domestic product in January-March grew a revised 0.5 pct from the previous quarter in price-adjusted real terms, stronger than the preliminary reading of a 0.4 pct rise, the Cabinet Office said Wednesday. (Jiji Press)
Categories: Japan News

Summer bonuses at major Japanese Firms average 927,000 yen

June 7, 2016 - 23:25
The average summer bonus among major Japanese companies is set to rise 3.74 pct from the previous year to 927,415 yen, up for the fourth straight year, a preliminary report by the Japan Business Federation, or Keidanren, showed on Tuesday. (Jiji Press)
Categories: Japan News

Japan govt starts work on stimulus package

June 4, 2016 - 00:42
The Japanese government and the ruling camp started work on Friday to consider specific measures for a comprehensive and bold economic stimulus package to be compiled in autumn in a bid to spur growth. (Jiji Press)
Categories: Japan News

OECD reduces Japan forecast for next 2 years

June 2, 2016 - 22:41
The Organization for Economic Cooperation and Development said Wednesday it has cut its estimate for Japan's economic growth in 2016 and 2017. (the-japan-news.com)
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