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Tokyo stocks plunge in afternoon trade
TOKYO shares have plunged more than three per cent in early afternoon trade as investors sold on weak Chinese data to lock in profits on recent rapid gains. The Nikkei 225 index at the Tokyo Stock Exchange lost 3.20 per cent or 500.04 points to 15,127.22 at one point before narrowing its loss to 2.15 per cent by 1400 (AEST) on ...
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Japans trade deficit widens to USD8.6b in April
(MENAFN) Japan's Finance Ministry announced that the country's trade balance posted a deficit of USD8.6 billion last month, up by around 70 percent from a year earlier, reported AP.The ministry added that exports rose by 3.8 percent to USD56.3 billion, while imports gained 9.4 percent to USD64.9 billion.It said that the cost of oil purchases dipped, however, the value of imports of ...
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China losing luster for Japan makers
With labour costs surging in China and domestic production recovering competitiveness thanks to the weaker yen, many Japanese manufacturers have been prompted to review their production in China. Japan Display Inc., the world's largest maker of small and midsize liquid crystal displays, reportedly plans to relocate part of its production in China to Japan. Other domestic manufacturing ...
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Japan needs more companies that cherish their female workers
Japanese Prime Minister Shinzo Abe has trumpeted women's active involvement in the workforce as a pillar of the government's growth strategy. He aims to better utilise women's abilities to invigorate the nation's economy. Abe specifically asked for cooperation from the Japan Business Federation (Keidanren) and other organisations in urging all listed companies to appoint at ...
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Active Fault May Block Restart of Tsuruga Reactor in Japan
TOKYO ...
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Japan govt natural for JGB yields to rise as share prices gain
TOKYO | Wed May 22, 2013 10:37pm EDT TOKYO May 23 (Reuters) - Japan's top government spokesman said on Thursday that it was natural for government bond yields to rise on the back of gains by Tokyo stocks and that he fully trusts the central bank's response to market moves. "I expect that the Bank of Japan will appropriately deal with it," Chief Cabinet Secretary ...
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FBI kills man possibly linked to Boston bombings suspects media reports
The Federal Bureau of Investigation (FBI) shot dead a man Wednesday who was possibly linked to the Boston bombings suspects, US media reported.The shooting occurred in Orlando, Florida early Wednesday morning while a man was being questioned by an FBI agent in Florida, NBC News reported.FBI Special Agent Dave Couvertier later confirmed in a statement that an unidentified agent encountered the ...
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Japan is integral to the future of Asia PM Lee Hsien Loong
Singapore Prime Minister Lee Hsien Loong said Japan is integral to the future of Asia and called on Japan to deepen its strategic engagement with Southeast Asia and the wider ...
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Tokyo Skytree celebrates 1 year
Tokyo Skytree, the 634-metre-high tower in Sumida Ward, Tokyo, marked the first anniversary of its opening on Wednesday. During the past year, 6.38 million people visited the landmark, much higher than the 5.4 million predicted at the time of the opening. The total number of visitors to Tokyo Skytree and its neighbouring Tokyo Solamachi commercial facility was 50.8 million, about 60 per cent ...
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Positive start for Nikkei
(1 hr 7 mins ago) Stocks in Tokyo opened 0.72 percent higher after the yen fell against the US dollar on signals that the US Federal Reserve could soon scale back its aggressive stimulus measures. The benchmark Nikkei 225 index, which closed at its best level in more than five years yesterday, added 112.72 points to 15,739.98 at the ...
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Asia Markets Tokyo stocks soar as Sydney Seoul retreat
HONG KONG (MarketWatch) -- Australian and South Korean stocks dropped Thursday on worries the Federal Reserve could downscale its bond purchases, while Japanese shares marched to fresh multiyear highs as several exporters got a lift from the weakened ...
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Japan passes bill to join Hague treaty on child abduction
Long accused of tolerating "kidnapping," Japan on May 22 approved a bill to join the Hague convention on resolving cross-border abductions of children from broken international ...
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Listed firms project 48 jump in fiscal 2013 net profits
Buoyed by the weakening yen, Japan's largest companies are projecting a 48.4-percent jump in combined net profits for the current fiscal year, building on an increase of 24.1 percent recorded for the previous ...
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Nikkei climbs 1.9 pct to new 5-12-year high Fast Retailing stars
* Bernanke remarks sees yen at 103 to dollar, aids exporters * Nikkei heads for fifth straight day of gain * Fast Retailing jumps as retail investors in hot pursuit By Dominic Lau TOKYO, May 23 (Reuters) - Japan's Nikkei average soared 1.9 percent to a 5-1/2-year high on Thursday, aided by exporters as the yen weakened against the dollar after the U.S. Federal Reserve chief suggested the ...
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RUBBER-Tokyo futures fall as oil weakens China data awaited
TOKYO, May 23 (Reuters) - Key Tokyo rubber futures fell on Thursday, pressured by weaker oil prices and caution over the outlook for demand for the industrial commodity ahead of Chinese manufacturing data later in the day. FUNDAMENTALS * The key Tokyo Commodity Exchange (TOCOM) rubber contract, for October delivery , was trading 1.1 percent lower at 287 yen per kg as of 0029 GMT. * The ...
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Japan stocks rise on weaker yen banks drop
HONG KONG (MarketWatch) -- Japanese stocks on Thursday sidestepped concerns that the U.S. Federal Reserve may downscale its monetary stimulus to rise further toward multiyear highs, with a weakened yen giving several exporters a lift and offsetting losses in banks. The Nikkei Stock ...
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Tokyo stocks open up 0.72
TOKYO stocks have opened 0.72 per cent higher after the yen fell against the dollar on signals that the US Federal Reserve could soon scale back its aggressive stimulus measures. The benchmark Nikkei 225 index, which closed at its best level in more than five years on Wednesday, added 112.72 points to 15,739.98 at the start on Thursday. The rise came despite the Dow Jones Industrial Average ...
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Japan ponders direct talks with Pyongyang
/enpproperty--> Japan is considering direct talks with the Democratic People's Republic of Korea, the government said on Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to Pyongyang. Bilateral talks are on the table as Tokyo seeks to salve the running sore of abductions of its nationals by DPRK spies in the 1970s and ...
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Nikkei set to pull back from 5-12-year highs on Bernanke remarks
TOKYO, May 23 (Reuters) - Japan's Nikkei average is expected to retreat from a 5-1/2-year high on Thursday after U.S. Federal Reserve chief Ben Bernanke suggested the central bank could scale back stimulus in coming months. The Nikkei is likely to trade between 15,550 and 15,700, strategists said, while Nikkei futures in Chicago closed at 15,640 on Wednesday, down 0.2 percent from the Osaka ...
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Nuclear regulators acknowledge fault below Tsuruga reactor is active
The Nuclear Regulation Authority accepted on Wednesday an assessment that a reactor at the Tsuruga plant in western Japan is sitting above an active fault, making it increasingly difficult for the facility to resume ...
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Ama divers seek cultural designation
Ama female divers from the Toba-Shima area have formed a group to preserve their traditions, as part of a bid by the Mie prefectural government to have the divers declared a national cultural property and UNESCO intangible cultural heritage ...
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Sumo Hakuho Kisenosato win to keep title within reach
Yokozuna Hakuho dispensed with Kotooshu, and Kisenosato did a hatchet job on Aran to improve to 11-0 with four days remaining at the Summer Grand Sumo Tournament on ...
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Japan no longer sanctions child abduction in mixed-marriage cases
Tokyo lawmakers unanimously approve Hague convention to settle child custody in broken international marriages. But Japanese domestic laws and legal loopholes still need to change, say ...
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Japan rates may torpedo recovery
By James Saft (Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from Japanese liquidity. While a rebound in activity has allowed the Bank of Japan to upgrade its assessment of conditions for a fifth straight ...
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Japans Daiichi says key details concealed in Ranbaxy sale
NEW DELHI (AFP) - The Japanese owners of Ranbaxy on Wednesday accused former shareholders of the Indian company of concealing key information about a US probe into the safety of medicines made by the New Delhi-based firm.Last week, Ranbaxy Laboratories pleaded guilty in the United States to charges of making and distributing adulterated drugs at its two Indian plants of Paonta Sahib and Dewas ...
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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