IBTimes Australia : Japan Topic

Asian Markets Weekly Update: Fed Fears and Weak Chinese Factory Data Fuel Sell-Off

Sat, 25 May 2013 17:27:19 +1000

Japan's Nikkei tanked 7% on 23 May, pulled down by data that pointed to contracting manufacturing activity in China.

England's Players Must Prove They Can Move on in Argentina

Sat, 25 May 2013 02:25:59 +1000

Joe Launchbury, Jonathan Joseph and Billy Twelvetrees speak to IBTimes UK ahead of England's tour to Argentina

WW2 Korean Sex Slaves Snub Osaka Mayor Hashimoto's Apology Stunt

Sat, 25 May 2013 00:10:54 +1000

Osaka mayor Toru Hashimoto apologises to comfort women after botched reconciliation meeting with Kil Won-ok and Kim Bok-dong.

The next phase of Abenomics

Fri, 24 May 2013 22:21:04 +1000

The first phase of Abenomics, which started at the end of 2012, involved stimulating the economy and expanding the monetary base to JPY 270 trillion, resulting in a sharp drop in the JPY and a large boost for the Nikkei. However, the events of the last few days have caused this relationship to break down.

Analysis - German economy to pick up but fall short of traditional pace

Fri, 24 May 2013 22:00:06 +1000

Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and investment.

Analysis: German economy to pick up but fall short of traditional pace

Fri, 24 May 2013 21:56:03 +1000

India and China's Rating Fall; Corruption and Scandals Take Toll on Nations' Image

Fri, 24 May 2013 21:48:04 +1000

India and China have been seen as future super powers by the world but their positive views have taken a dip over the last year, according to a recent poll conducted by GlobeScan along with Program on International Policy Attitudes (PIPA) for BBC World Service.

Volatile Nikkei keeps Asian stocks on edge

Fri, 24 May 2013 20:56:02 +1000

Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge.

US Hints at Renewed Iranian Sanctions Waiver for India

Fri, 24 May 2013 19:51:23 +1000

India has made "tremendous progress" in reducing oil imports from Iran, a senior U.S. government official said on Friday, in a sign the South Asian nation is likely to get a third waiver from sanctions imposed by Washington against Tehran's nuclear programme.

Market turbulence poses first serious test for Abenomics

Fri, 24 May 2013 18:14:02 +1000

This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide.

Asus Transformer AiO, World's First Dual-OS Tablet PC, Launched In India for ₹86,999

Fri, 24 May 2013 18:05:38 +1000

Taiwan-based technology firm Asus on Wednesday launched in India what it claims to be the 'world's first dual OS all-in-one PC' with a starting price at ₹86, 999.

Asian stocks shaky, Nikkei still seen vulnerable

Fri, 24 May 2013 15:28:01 +1000

Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout.

Most Asian Markets Open Higher While Nikkei Bounces Back

Fri, 24 May 2013 15:10:47 +1000

Wall Street opens lower but makes up most of the losses by end of day owing to rally in HP stock.

Australian Stock Market Report – Midday 5/24/13

Fri, 24 May 2013 14:16:13 +1000

Despite a slight rise on the open, local shares are falling by 1.3 per cent, taking the losses for the week so far to more than 3.5 per cent. If markets continue in this direction for the rest of the session, we're set to have the worst week in a year.

BOJ Kuroda vows to calm JGBs, guide economy to recovery

Fri, 24 May 2013 14:14:01 +1000

Bank of Japan Governor Haruhiko Kuroda on Friday expressed confidence the central bank can stem bond market volatility with flexible market operations and engineer a steady recovery in the world's third-largest economy.

BOJ Kuroda says will strive to ensure JGB market stability

Fri, 24 May 2013 13:42:02 +1000

Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will make efforts to avert volatility in bond markets through flexible market operations and enhanced communication with market participants.

Nikkei recoups some of Thursday's 7.3 percent dive, bull run seen intact

Fri, 24 May 2013 13:21:02 +1000

The Nikkei share average regained ground on Friday after a 7.3-percent dive in the previous session, which most market watchers said marked a long-overdue correction and didn't presage the end of a remarkable six-month bull-run.

Low Global Prices, Japan Demand Help Improve China April Rare Earths Export, But Will Recovery Last Long?

Fri, 24 May 2013 12:27:13 +1000

Latest data from the China Customs Statistics Information Center had revealed that China, which feeds more than 95 per cent of the world's demand for rare earths, had exported 2,196 metric tonnes of the precious metals in April, buoyed by the prevailing low global market prices as well as improved demand from Japan.

Japan economics minister - 'Abenomics' proceeding smoothly

Fri, 24 May 2013 10:35:03 +1000

Japan's "Abenomics" economic policies are proceeding smoothly with the government determined to map out its growth strategy by midyear, Economics Minister Akira Amari said on Friday.

U.S. sees first drop in F-35 costs; other programs steady

Fri, 24 May 2013 07:49:03 +1000

The Pentagon on Thursday told Congress it expected a 1 percent drop in the cost of its biggest weapons program, the Lockheed Martin Corp. F-35 fighter jet, while averting the huge cost increases seen on other weapons programs in recent years.

Sushi's Abenomics wave: posh tuna in, plain mackerel out

Fri, 24 May 2013 07:21:01 +1000

Investors in Japan might keep a close eye on sales of the homely horse mackerel as an early warning of any trouble ahead.

Global shares sink on U.S. stimulus pullback, Chinese growth fears

Thu, 23 May 2013 20:28:02 +1000

Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus program.

Shares sink on U.S. stimulus pullback, Chinese growth fears

Thu, 23 May 2013 20:21:02 +1000

Britain's Economy Grows in Q1 in Line with Forecast

Thu, 23 May 2013 20:20:59 +1000

Office for National Statistics data shows UK economy expanded by 0.3%.

Bank of Japan Announces Additional Stimulus to Contain Sudden Rise in JGB Yields

Thu, 23 May 2013 19:50:43 +1000

Yields on Japan's long-term government bonds rose to more than 1% for the first time in 2013.

Nissan to Recall 841,000 Vehicles As Quality Issues Continue to Trouble Japanese Automakers

Thu, 23 May 2013 17:36:20 +1000

133,869 Mirca cars produced between 2002 and 2006 will be recalled in the UK.

Nissan to recall 841,000 vehicles due to steering wheel glitch

Thu, 23 May 2013 16:00:05 +1000

Nissan Motor Co Ltd <7201.T> will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday.

China HSBC flash PMI hits seven-month low, fans growth fears

Thu, 23 May 2013 12:42:02 +1000

China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest economy is sputtering.

Sony (SNE) Considers Spin-off Proposal, Needs Miracle Gadget to Change the World

Thu, 23 May 2013 12:02:50 +1000

Sony agrees to a revamp and puts spin-off proposal under evaluation.

Global Markets Overview - 23 May 2013

Thu, 23 May 2013 11:37:41 +1000

Stocks ended Wednesday broadly lower after a rollercoaster day of trading, as investors sorted through mixed signals from the Federal Reserve on the outlook for monetary policy.