Search Results for: Shinzo Abe
China Stocks Drop Despite Inflation Data
September 10th, 2015
Large swings in Asian markets persist over worries about U.S. rate increase, China’s economy China-style volatility spread to Japan stocks Thursday as the Nikkei Stock Average reversed its previous-day surge, leading the region lower. China stocks fell even as ...
Japan’s Nikkei 225 Rises 7.7% for Biggest Gain Since October 2008
September 9th, 2015
Investors buy back in after valuations hit 11-month low Topix surges most since 2011 as all 33 industry groups rise Japanese stocks soared, with the Nikkei 225 Stock Average staging the steepest advance since the aftermath of the 2008 ...
Japan reports inflation, household spending soften in July
August 28th, 2015
The backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, especially for aging economies like Japan’s. Japan released data Friday ...
China devalues yuan for third straight day taking fix to 4-year low
August 13th, 2015
China’s central bank continued to devalue the country’s currency for a third straight day, amid fears of a global currency war. On 13 August, the People’s Bank of China (PBoC) devalued the yuan by 1.1% to 6.4010 per US ...
Japan’s revised Q1 growth blows past expectations
June 8th, 2015
Japan posted stronger-than-expected growth in the first quarter as a pickup in capital spending drove the world’s number three economy, but some economists warn that the recovery could be short-lived. The 1.0% expansion in January-March—or 3.9% on annualised basis—was ...
Bank of Japan’s Kuroda says FX should reflect fundamentals
June 2nd, 2015
Bank of Japan Governor Haruhiko Kuroda said on Tuesday it was important for currency rates to reflect economic fundamentals, and reiterated that central bank policy is aimed at fostering price stability and not to weaken the yen. Speaking to reporters after ...
Notification of GMO CLICK Group’s Financial Results for the Fiscal Year ending March 31, 2015
May 5th, 2015
Financial Results Highlights Revenue of 24.958 billion yen, up 16.3% from last year Net profit of 4.855 billion Yen, up 31.6% from last year GMO CLICK Holdings, Inc., a leading online financial service provider in Japan, announces financial results ...
Japan’s Solar Power Growth Falters as Utilities Balk
March 4th, 2015
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
