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Bank of Japan set for more easing in Oct as inflation still low

TOKYO: The Bank of Japan remains on course to expand its monetary stimulus in October, a Reuters poll showed, but a few analysts have pushed back their forecasts for more easing after recent upbeat data suggested the economy was gaining speed. The poll highlights underlying doubts on inflation reaching the BOJ’s 2 percent goal in fiscal 2016 even as signs ... Read More »

Bank of Japan set for more easing in Oct as inflation still low

TOKYO: The Bank of Japan remains on course to expand its monetary stimulus in October, a Reuters poll showed, but a few analysts have pushed back their forecasts for more easing after recent upbeat data suggested the economy was gaining speed. The poll highlights underlying doubts on inflation reaching the BOJ’s 2 percent goal in fiscal 2016 even as signs ... Read More »

Bank of Japan set for more easing in Oct as inflation still low

TOKYO: The Bank of Japan remains on course to expand its monetary stimulus in October, a Reuters poll showed, but a few analysts have pushed back their forecasts for more easing after recent upbeat data suggested the economy was gaining speed. The poll highlights underlying doubts on inflation reaching the BOJ’s 2 percent goal in fiscal 2016 even as signs ... Read More »

Dollar tumbles against Yen in Asian trade

NEW YORK: The dollar declined against the yen in Asian trade on Tuesday, with remarks by a Japanese government minister about the Bank of Japan’s 2% inflation target. Economy minister Akira Amari said Tuesday that the central bank was not constrained by a loose schedule of about two years for achieving its inflation goal, pointing to falling energy prices as a ... Read More »

Tokyo stocks dip by break, Nikkei 225 slips 17,262.70pts, Topix index down 0.47pc

TOKYO: Tokyo stocks swung in and out of positive territory Thursday morning as shareholders await the European Central Bank’s economic policy meeting later in the day. The Nikkei 225 index at the Tokyo Stock Exchange gave up early gains to sit 0.10 percent, or 17.78 points, lower at 17,262.70 by the break, while the broader Topix index of all first-section ... Read More »

Japan stocks take positive start, Nikkei Average increases 0.3pc

LOS ANGELES: Japanese stocks made a humble advance in early trade on Thursday after shaking between gains and losses, with the Nikkei Average NIK, -0.05% surged 0.3% after the Bank of Japan’s cut to its near-term consumer-price predict sent the index to a 0.5% loss at the end. The broader Topix remained flat, however. While the yen managed to weaken ... Read More »

Tokyo stocks start 0.15pc stronger; Nikkei 225 at TSE adds 26.16pts

TOKYO: Tokyo stocks started 0.15 per cent higher on Thursday as financiers look for the European Central Bank’s economic policy meeting. The Nikkei 225 index at the Tokyo Stock Exchange gained 26.16 points to 17,306.64 at the start. The ECB is expected to further open the liquidity floodgates and announce a programme of bond purchases, known as quantitative easing, to ... Read More »

Japan stocks fall at end as yen rebounds, Nikkei 225 slips 0.5pc

TOKYO: Japanese stocks tumbled for the first time in three days as the yen bounced back after the Bank of Japan untouched policy ahead of a European Central Bank conference. Dai-ichi Life Insurance Co. dropped 3.4 percent as the industry led declines among the Topix’s 33 groups. Fujikura (5803) Ltd. retreated 4.5 percent after a report the cable maker’s operating ... Read More »

Tokyo stocks close 0.49pc lower as yen climbs, Nikkei 225 sheds 85.82pts

TOKYO: Tokyo stocks ended 0.49 percent weaker as yen climbed and the Bank of Japan withheld new easing measures. The Nikkei 225 index at the Tokyo Stock Exchange, which jumped 2.07 per cent on Tuesday, lost 85.82 points to 17,280.48 on Wednesday. The broader Topix index of all first-section issues was down 0.50 per cent, or 7.02 points, to 1,390.61. Read More »

Tokyo stocks dip 0.45% by midday, Nikkei 225 drops 78.45 pts, Topix index sinks 0.42pc

TOKYO: Tokyo stocks fell 0.45 per cent Wednesday after mostly dull rally on Wall Street, with shareholders waiting for the result of Bank of Japan (BOJ) policy meeting. The Nikkei 225 index at the Tokyo Stock Exchange was down 78.45 points at 17,287.85 by the break, while the Topix index of all first-section shares fell 0.42 per cent, or 5.81 ... Read More »

Asian stocks take positive start; Hang Seng jumps 1.2%, S&P 200 increases 1.4pc

HONG KONG: Most Asian stocks climbed Wednesday as shareholders expected European policymakers would soon lift more stimulus whereas Chinese stocks expanded their rebound following a steep fall at the start of the week. Hong Kong’s Hang Seng jumped 1.2 percent to 24,244.66 and China’s Shanghai Composite Index leapt 2 percent to 3,236.47. Australia’s S&P/ASX 200 zoomed 1.4 percent higher to ... Read More »

Tokyo stocks start 0.33% lower; Nikkei 225 at TSE slips 57.58pts

TOKYO: Tokyo stocks started 0.33 percent weaker on Wednesday after surging more than two percent last day. The Nikkei 225 index at the Tokyo Stock Exchange slipped 57.58 points to 17,308.72 at the start. The lower opening came after the benchmark index closed up 2.07 per cent on Tuesday as a weakening yen lifted exporters. Investors were now waiting for ... Read More »

Japan stocks climb for 2nd day; Topix index adds 1.3%, Nikkei 225 Average gains 1.6pc

TOKYO: Japanese stocks climbed for a second day, led by brokerages, as the yen lost against the dollar ahead of policy meetings by the Bank of Japan and the European Central Bank. Nomura Holdings Inc., Japan’s biggest securities company, added 2.9 percent. Kobe Steel Ltd. climbed 5.2 percent after Credit Suisse Group AG raised its share price target on the ... Read More »

Yen remains weaker vs dollar for 3rd consecutive year

SINGAPORE: The yen remained weaker versus the dollar after falling for a third straight year among speculation the Bank of Japan will carry on unmatched stimulus measures, as the Federal Reserve will raise interest rates this year. The dollar held gains against its 16 major peers before a report by Market Economics which economists say will show that a US manufacturing ... Read More »

Japan’s inflation slowed down due to descending oil prices

TOKYO: Japan’s annual core consumer inflation slowed for fourth conventional month in November due to descending oil prices, highlighting the challenges the central bank faces in achieving its 2 percent inflation target. The core consumer price index (CPI), which excludes volatile fresh food but includes oil products, rose 2.7 percent in November from a year earlier, government data showed on ... Read More »

Dollar adds 0.4% to 119.27 yen, euro rises 0.3% to 146.44 yen

LONDON: The yen was on the back foot on Friday, as risk properties staged a broad improvement and shareholders expected a press conference by the head of the Bank of Japan after the central bank held policy stable. The dollar added about 0.4 percent against the yen to buy 119.27 yen, while the euro rose about 0.3 percent to 146.44 ... Read More »

Tokyo Nikkei 225 index ends 0.32% lower, Topix index up 0.12%

TOKYO: Tokyo’s Nikkei 225 stock index dropped 0.32 percent on Wednesday, after the Bank of Japan dapped up a meeting with policymakers trimming their expectations despite the economy slipping into recession. The benchmark Nikkei fell 55.31 points to 17,288.75, while the Topix index of all first-section shares closed almost flat, up 0.12 per cent, or 1.66 points, to 1,396.54.   ... Read More »

Asian stock markets mixed after US shares hit consecutive records

TOKYO: Asian markets ended mixed after US shares hit fresh records for a 4th straight session, while a weaker yen, and rumours of a delayed sales tax, assisted Japan’s Nikkei extend its recent rally to record a seven-year high. Tokyo gained 2.05 per cent, or 343.58 points, on Tuesday to 17,124.11 – its best finish since October 2007 – while ... Read More »

Asian stocks dip, Tokyo shares up 10%

TOKYO: Asian markets fell but Tokyo reversed and added 10 per cent rally since the Bank of Japan’s surprise monetary easing announcement last week. The US dollar hit a seven-year high against the yen in response to news Republicans had captured both houses of the US Congress and the head of the Bank of Japan reasserted his determination to beat ... Read More »

Tokyo stock opens 0.46pc lower, Nikkei index sheds 77.03 points

TOKYO: Tokyo stock markets Wednesday opened 0.46pc lower as the investors took profits after pushing the Nikkei to a fresh seven-year high on surprise stimulus measures by the Bank of Japan. The Nikkei index fell 77.03 points to 16,785.44 in the first minutes of trade, easing from Tuesday´s close of 16,862.47. Traders expected to see some consolidation after the Nikkei ... Read More »