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Is the Weak Yen Already Becoming A Problem for Japan
Since BOJ Governor Haruhiko Kuroda was appointed into office by Japanese Prime Minister Shinzo Abe, the BOJ has become keen on boosting the economy and weakening the yen. The bank has launched aggressive measures to ease monetary policy. This has then led the yen to drop to multi-year lows against some of its counterparts. Now that USD/JPY has risen above the major 100.00 psychological level, ...
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Exclusive - Japan Inc. averse to further yen drop poll finds
By Tetsushi Kajimoto and Kaori KanekoTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.About half the Japanese companies in a new Reuters survey say the yen has fallen enough, just 15 percent want a further ...
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Hope in Japan That Abenomics May Be Turning Things Around
TOKYO ...
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Ray Manzarek founding member of The Doors dies
Ray Manzarek of The Doors performs at the Sunset Strip Music Festival launch party celebrating The Doors at the House of Blues in West Hollywood, Calif., on Aug. 16, ...
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North Korea defies UN warnings and fires sixth short-range missile into the Sea of Japan
Korea, Democratic People S Republic Of North Korea has fired another two short-range missile into the sea, defying warnings from the South and the United Nations.South Korea's military says the North has now fired six short-range guided missiles into the ocean off its east coast in three days.Pyongyang describes the launches as "military training", saying the real provocation is ...
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Japans economic drive needs structural reforms
structural reforms , voicing fear that recent growth could be just a "sugar high." Japan posted 0.9 per cent quarter-to-quarter growth in the three months through March, during which time Prime ...
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Goldman Sachs to invest in Japans green energy sector
TOKYO--U.S. investment banking giant Goldman Sachs said Monday it will start investing in Japanese renewable energy projects, with a reported US$2.9 billion outlay over the next five ...
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Softbank planning 400 billion yen bond sale - Nikkei
Mon May 20, 2013 2:50pm EDT (Reuters) - Softbank Corp (9984.T) is seeking to raise about 400 billion yen ($3.90 billion) through a sale of retail bonds to finance its bid for No.3 U.S. mobile phone carrier Sprint Nextel Corp (S.N), the Nikkei reported. The proceeds from the offering, which is expected to be launched as early as next month, will also be used for redeeming existing bonds, the ...
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Japan Govt. Says Economy Picking up Moderately
(MENAFN - Qatar News Agency) Japan's government has upgraded its assessment of the Japanese economy for first time in two months, citing accelerating exports and the weakened yen. The Japanese Cabinet Office said in its monthly economic report for May that Japan's economy is picking up slowly. Last month, it said the economy was showing signs of recovery but still had some weak spots, ...
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RUBBER-Tokyo futures prices after evening session
Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Monday. Contract Day Volume Evening Volume * May 276.1 15 274.9 3 * Jun 279.6 36 278.4 6 * Jul 281.4 67 279.8 11 * Aug 284.1 57 283.8 20 * Sep 287.3 364 286.5 64 * Oct 289.5 3970 289.4 644 *The evening session is considered part of the following day's ...
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Ian Reifowitz Hello Republicans Japan Switches to Stimulus Gets Growth Europe Sticks With Austerity Stays in Recession
right now in Japan and in Europe. Prime Minister Shinzo Abe has embarked on aggressive measures to stimulate Japan's long-moribund economy since he took office in December, and the result so far has been strong growth -- and, perhaps, liftoff after a triple-dip recession. Europe, on the other hand, remains mired in the muck of austerity and economic contraction. To briefly recap ...
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Avoid excuses man up Obama tells black graduates
WASHINGTON - President Barack Obama on Sunday summoned the graduates of historically black Morehouse College to ';transform the way we think about manhood,'; urging the young men to avoid the temptation to make excuses and to take responsibility for their families and their communities. Delivering a commencement address at the all-male private liberal arts college in Atlanta, Obama ...
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New Delhi cracks down on foreign-funded NGOs
';Outsider art'; is relatively new in Japan and, as a genre, works made by self-taught Japanese artists are still not very well known on the category-delineating, label-loving international art scene. Now, though, ';Souzou: Outsider Art from Japan,'; an exhibition on view (through June 30) ...
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Nissan Mitsubishi kick off joint minicar production
';I was stopped by two men in a government-registered vehicle, blindfolded and dragged off the street. They took me away to a house in a place I did not know. I was forced into a room with blood all over the walls and floor, ...
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Fukushima No. 1 can’t keep its head above tainted water
Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...
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Economic assessment raised as weak yen fuels exports
Facts and figures: Prime Minister Shinzo Abe and members of his Cabinet attend a ministerial meeting on the government's monthly economic report at the Prime Minister's Office on Monday. | ...
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Tornadoes level homes in Oklahoma one dead
Close for comfort: Jerry Dirks (right) hugs a friend after a tornado hit her home just south of Carney, Oklahoma, on Sunday. Dirks had taken refuge in her cellar at the time the tornado hit. | ...
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Skytree’s first anniversary marred by foul signals
Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...
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Okinawa rally a call for existence without bases
Making their point: Participants in a rally Sunday in Ginowan, Okinawa, call for a peaceful prefecture free of military bases 41 years after its reversion to Japanese administration. | ...
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Tokyo hospital ready to conduct preventive mastectomies
Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...
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Nadal too much for rival Federer in Italian Open final
After all these years, Rafael Nadal still knows how to dominate Roger Federer. In the 30th meeting between the two tennis greats, Nadal controlled the final from start to finish to win 6-1, 6-3 Sunday for his seventh Italian Open title. ';Rafa was just ...
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Senators pull game back with double OT victory
OTTAWA - Colin Greening wore six stitches on his left cheek, and a wide smile, after Ottawa’s double overtime playoff victory against Pittsburgh. Greening ended the longest game of this year’s postseason with a backhander off a rebound 7:39 into the second OT, and the Senators’ 2-1 win over the Pittsburgh Penguins cut their series deficit to 2-1 on Sunday night. Daniel ...
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Sekizuka targets survival with Jubilo
IWATA, SHIZUOKA PREF. - New Jubilo Iwata manager Takashi Sekizuka was introduced to the media by the struggling J. League first division club on Monday. Sekizuka, who steered the Japanese men’s team to a fourth-place finish at last summer’s London Olympics, will take charge following Saturday’s away game against promoted Oita Trinita. Jubilo are currently 17th in the league. ...
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Spurs tear into Grizzlies in Game 1
SAN ANTONIO - The San Antonio Spurs opened the Western Conference finals resembling the past champions who’ve been there so many times before. The Memphis Grizzlies looked like the first-timers still trying to adapt to their first conference finals appearance. Tony Parker had 20 points and nine assists, Kawhi Leonard scored 18 points and the Spurs struck first by beating Memphis 105-83 ...
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Abe continues to be steadying force for Giants
The Yomiuri Giants have won the last 37 times Shinnosuke Abe has homered at Tokyo Dome. That’s an impressive streak, even if it is aided by a number of circumstances, not least of which the fact ...
Tokyo in Focus
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Tokyo's new international airport making waves
Haneda airport was renamed Haneda International Airport with the opening of the new International Terminal, which will see several million passengers pass through it each year as the airport regains its status as a global airport with connections to major cities across the world.
When Haneda first opened in 1931 it was the largest civilian airport in the whole country and during the Second World War became a major US Air Base after the invasion of Japan and the country’s surrender. Read more
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