Search Results for: Prime Minister Shinzo Abe
U.S. stocks slip from records; oil falls
November 13th, 2014
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
Most Asian Stocks Climb as Topix Advances on U.S. Rally
November 11th, 2014
Most Asian stocks rose as Japan’s Topix index climbed after the yen extended losses and corporate earnings beat estimates. Nissan Motor Co. (7201), which gets 43 percent of its revenue in North America, gained 1.4 percent. Amorepacific Corp. surged 9.3 percent in ...
In Japan, Moves to Stimulate Economy Reach a Critical Stage
November 6th, 2014
In Japan – Hiroyuki Hara has increased prices at his flower shop in recent months, part of a broad reversal of the deflation that has long plagued Japan’s economy. Japan’s audacious campaign to reinvigorate its economy is entering a ...
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 ...
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. ...
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 ...
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
Japan PM’s stance on next tax hike ‘utterly neutral’
September 5th, 2014
Prime Minister Shinzo Abe stands “utterly neutral” on whether to decide in December to raise the sales tax again next year but he will be very cautious in his decision given the potential blow to the economy, Japan’s economy ...
Asian stocks dip, euro stuck near one-year lows
September 2nd, 2014
Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank’s policy decision later this week. Spreadbetters expected an effectively flat open ...
