Japanese stocks pare losses, heads for modest weekly gains

By Ayai Tomisawa TOKYO, Feb 24 : Japanese stocks managed to steady from early falls on Friday as the yen weakened slightly during Asian trade, but political uncertainty abroad and U.S. tax policy kept most investors on the sidelines. The Nikkei edged down 0.1 percent to 19,347.97 in midmorning trade, crawling back from an intraday […]

BOJ’s Kuroda warns low rates may sow seeds of new financial crisis

By Leika Kihara TOKYO, Feb 16 : Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could sow the seeds of a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks. Mergers and consolidation may be among options for financial […]

Souring relations with market puts BOJ’s bold experiment to test

By Leika Kihara TOKYO, Feb 16 : Japan’s attempts to revive anemic consumer spending through unconventional monetary policy have created new problems for the central bank in its daily dealings with financial markets, as rising global yields muddle its efforts to manage local rates. Introduced in September last year, the Bank of Japan’s (BOJ) Yield […]

Japan’s Abe: Trump shares view that monetary policy not FX manipulation

By Stanley White TOKYO, Feb 15 : Japanese Prime Minister Shinzo Abe said today US President Donald Trump shared his view at last week’s summit that Japan’s monetary policy was not currency manipulation but to end deflation. Abe’s comments about the February 10 summit suggest Trump may be softening his criticism that Japan was manipulating […]

Japanese celebrate Valentine’s Day with insect sweets

By Kwiyeon Ha TOKYO, Feb 13 : Tired of the usual box of chocolates? Try a bug cocktail or a caramel creepy crawly for Valentine’s Day. A Tokyo bar on Sunday offered courageous couples and curious gourmets a special menu of desserts and drinks made with insects ahead of tomorrow’s holiday. “They are crispy like […]

Trump and Japan’s Abe take a swing at golf diplomacy

By Ayesha Rascoe JUPITER, Florida, Feb 11 : President Donald Trump and Japanese Prime Minister Shinzo Abe hit the links today, as the two leaders looked to forge a bond over a round of golf diplomacy. Trump and Abe played under mostly clear skies at Trump National Golf Club in Jupiter, Florida. The White House […]