Search Results for: japan
Japan Factory Output Enjoys Fastest Pace in Eight Months
October 29th, 2014
Japan’s industrial production rose at its fastest pace since the beginning of the year in September, data showed on Wednesday. Industrial production rose 2.7 percent on month, above expectations for a 2.2 percent rise and up from a 1.9 ...
Japan Stocks Surge
October 20th, 2014
Japan’s Nikkei share average surged 3.3 percent on Monday and was on track to post its biggest daily rise in more than a year as investors took heart from upbeat U.S. data and as the weaker yen lifted exporters such as Toyota Motor ...
Yen at around 110 to the dollar a key pain point for Japan firms
October 20th, 2014
Nearly half of Japanese firms think the government should start defending the yen at this month’s dollar high of 110, a Reuters survey shows, underscoring the threat that rising fuel and other import costs pose to a fragile economy. ...
ASIC: Pepperstone exits the Japanese market
October 13th, 2014
Pepperstone Group Ltd (Pepperstone) has agreed to cease providing financial services in Japan following inquiries by ASIC that revealed they were not licensed by the Japanese Financial Services Agency. Pepperstone is an Australian corporation, which was licensed by ASIC ...
Japanese stocks, dollar shine on upbeat U.S. jobs
October 6th, 2014
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...
Bank of Japan purchases record 3.5 Trillion Yen in Treasury Bills
October 3rd, 2014
The Bank of Japan purchased a record 3.5 trillion yen ($32 billion) in treasury bills today as the central bank pushes forward with unprecedented monetary easing to reach its 2 percent inflation target. The amount exceeded the previous records ...
Asian markets drop on weak Japan factory data
September 30th, 2014
Japan’s benchmark Nikkei 225 Index is trading 1.5% lower after data showed the country’s industrial output unexpectedly fell. Manufacturing output fell 1.5% in August from a month earlier. Economists had estimated a 0.2% gain. South Korea also posted a ...
Japan’s Daiichi Sankyo to acquire US biopharma Ambit Biosciences
September 29th, 2014
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said. The ...
Starbucks buys Japanese partner
September 24th, 2014
US coffee chain Starbucks is buying out its Japanese partner in a deal worth $914m (£559m). Starbucks Japan has been a joint venture between Starbucks and Sazaby League since 1995. Under the deal Starbucks will buy the 60.5% stake of ...
Japan PMI shows manufacturing picked up in third-quarter
September 24th, 2014
Japan’s manufacturing activity picked up in the third quarter, a survey showed, but economists say they need more information on wages and consumer spending to determine whether the government should raise the sales tax again next year. An improving ...
