Asia > Eastern Asia > Japan > Stock Market / Finance

Stock Market / Finance in Japan

  • Japan policymakers soften fiscal pledges as election prospects loom

    JAPAN, 2017/09/23 Senior Japanese policymakers on Friday said they may need to adjust calculations underlying the country's plans to trim spending, an indication the government could look to water down previous pledges to improve fiscal prudence. The statements are a nod to recent reports premier Shinzo Abe will delay the timing for conference fiscal reform goals to allow the scope to boost spending on education.
  • Japan Manufacturing PMI Climbs To 52.8 - Nikkei

    JAPAN, 2017/04/21 The manufacturing sector in Japan continued to expand in April, the new survey from Nikkei showed on Friday with a manufacturing PMI score of 52.8. That's up from 52.4 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
  • Bank of Japan 's Kuroda Reiterates Stance To Retain Massive Stimulus

    JAPAN, 2017/04/10 The Bank of Japan will continue with its massive stimulus until inflation moves near the 2 % target, BoJ Governor Haruhiko Kuroda said Monday, as he presented a quarterly statement that showed a better economic assessment for one of the nine regions. The economy continues its moderate recovery trend, Kuroda said at a quarterly conference of the BoJ's regional managers. Going forward, this could turn into a moderate expansion, he added.
  • Japanese firms begin to join the crowdfunding fever

    JAPAN, 2016/07/17 A lot of business ideas looking for capital have presently switched from large banking institutions to crowdfunding in hopes of turning their ideas into actual ventures. Crowdfunding derives its name from the practice of getting funds or finances to support a project from numerous small time investors or “backers” through the Internet. While this has been commonly practiced in Europe and the United States, it was only recently that Japanese businesses have begun making use of it. Popular crowdfunding sites such as Readyfor and Campfire have only been gaining traction in Japan the completed year in spite of being launched three years ago. Platforms for crowdfunding have by presently completed $5.1 billion in 2013 as estimated by research firm Massolution, a huge jump from the previous year. In 2012, only 1 % of the funds gathered came from Asia with most of the bulk coming from North America at 60 % while 35 % was from Europe, showing how the West has gotten a huge start in maximizing this practice.
  • PM Abe, LDP agree to lower Japan’s corporate tax in 2015

    JAPAN, 2016/07/17 Japanese Prime Minister Shinzo Abe and his ruling Liberal Democratic Party (LDP) have agreed to decrease Japan’s corporate tax rate starting fiscal 2015 in an effort to boost foreign investment in the country. Still part of Abe’s financial strategy to drag the country’s economy towards development, the government is presently acknowledging foreign investors’ reluctance to invest in Japan because of its relatively high corporate tax rate. Japan’s corporate tax rate currently stands at 35 % – visibly higher than China’s 25 %, South Korea’s 24 %, and 17 % in Singapore. Abe is banking on lowering the tax rate to stimulate foreign investments into Japan. Relying solely on the country’s export-driven businesses and industries is apparently not enough to sustain economic increase in the long term, and Abe is keen to look for other sources of economic boosts that Japan obviously needs at the moment.
  • Japan Leading Index Climbs More Than Estimated In October

    JAPAN, 2016/02/18 The leading index for Japan, which measures the next economic activity, increased additional than initially estimated in October, final figures from the Cabinet Office showed Friday. The leading index rose to 104.2 in October, which was revised up from the preliminary estimate of 102.9. In September, the reading was 102.4. The coincident index that reflects the current economic activity, climbed to 113.3 in October from 111.8 in the preceding month. The figure for October was revised down from 114.3.
  • Asian Markets Retreat After Oil Prices Fall Again

    CHINA, 2016/01/26 Asian stock markets retreated on Tuesday, snapping a two-day winning streak, following the weak cues overnight from Wall Street and the pullback in oil prices. Investors as well treaded cautiously ahead of monetary policy statements by the U.S. Federal Reserve and the Bank of Japan later in the week. The Japanese market is notably lower, with the negative lead from Wall Street and the fall in oil prices denting risk appetite. Additionally, a stronger yen hurt exporters' stocks. In late-morning trades, the benchmark Nikkei 225 Index is declining 319.08 points or 1.86 % to 16,791.83, off a low of 16,683.64 in early trades.
  • Japan Leading Index Climbs More Than Estimated In October

    JAPAN, 2015/12/26 The leading index for Japan, which measures the next economic activity, increased additional than initially estimated in October, final figures from the Cabinet Office showed Friday. The leading index rose to 104.2 in October, which was revised up from the preliminary estimate of 102.9. In September, the reading was 102.4. The coincident index that reflects the current economic activity, climbed to 113.3 in October from 111.8 in the preceding month. The figure for October was revised down from 114.3.
  • Dollar in lower 122 yen zone

    JAPAN, 2015/11/23 The U.S. dollar changed hands in the lower 122 yen zone in early trading on Monday in Tokyo.
  • Tokyo stocks rise in morning on enhanced expectation of U.S. interest rate hike

    JAPAN, 2015/11/23 Tokyo shares ended the morning session higher on Thursday with market confidence boosted by the expectation of an U.S. interest rate raise in December. The 225-issue Nikkei Stock Average gained 276.50 points, or 1.41 percent, from Wednesday to end the morning at 19,925.68. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 19.62 points, or 1.24 percent, to 1,606.15.