City Tokyo Financial News

19.03 / 12:39

markets UPS Target economy pandemic show Global Era of Negative Interest Rates Ends as Japan Goes to Zero

TOKYO—The world’s nearly 12-year experiment with negative interest rates is over now that the last holdout, the Bank of Japan, has moved its key policy rate back to at least zero. Of the many unusual measures central bankers took over the past decade and a half, negative rates were among the most controversial, with uncertain benefits and potential risks. The experiment’s bottom line: Negative rates weren’t enough by themselves to pull economies out of a funk or lift inflation toward central banks’ 2% targets.

19.03 / 11:31

markets Cooper Action Bitcoin performer classical Headlines Yen falls in defiance of historic BOJ shift; dollar firm

By Amanda Cooper

19.03 / 08:49

markets Target WhatsApp European stocks open steady ahead of Fed rate call

markets steadied at the open Tuesday before a US Federal Reserve meeting and after the Bank of Japan hiked interest rates for the first time since 2007. London's FTSE 100 was flat at 7,725.29 points while the Paris CAC 40 was also little changed at 8,150.60 points.

19.03 / 05:29

Target BLOCK security Election President Nippon Steel pledges to move US HQ to US Steel's Pittsburgh

TOKYO (Reuters) — Nippon Steel would move its U.S. headquarters to Pittsburgh where its acquisition target U.S. Steel is based if the deal goes through, an executive said, adding to the pledges from the Japanese steelmaker to secure the transaction.

19.03 / 03:31

markets COST UPS Target economy reports Bank of Japan chief proposes ending negative rates as board chair, NHK reports

By Leika Kihara

18.03 / 10:23

markets UPS economy Trade show reports Asian stocks Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

18.03 / 10:23

markets UPS DOW economy show reports Stock market today: World stocks higher ahead of US and Japan rate decisions

Asian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve

18.03 / 07:55

Target Career Action economy Sustainability voice electronic Explainer-Who are the BOJ's doves and hawks?

By Leika Kihara

18.03 / 03:47

UPS Target Career Uncharted Interviews Japanese bank trains staff for a novel scenario: positive interest rates

By Takahiko Wada and Leika Kihara

17.03 / 23:25

UPS Manufacturing Southern Research stage electronic information Exclusive-TSMC considering advanced chip packaging capacity in Japan, sources say

By Sam Nussey, Fanny Potkin and Miho Uranaka

17.03 / 23:25

UPS Target Action economy country electronic 'No time to waste': Japan Inc set to step up outbound M&A

By Makiko Yamazaki, Scott Murdoch and Kane Wu

15.03 / 22:53

markets Reuters Landmark Action Nikkei country reports BOJ to end negative rate policy next week, says Nikkei

TOKYO (Reuters) — The Bank of Japan is expected to end its negative interest rate policy on Tuesday on substantial wage hikes by big firms in this year's wage negotiations, the Nikkei newspaper reported on Saturday.

15.03 / 10:14

Tesla Trade President reports Honda and Nissan agree to work together in developing electric vehicles and intelligent technology

Nissan and Honda have announced they will work together in developing electric vehicles and auto intelligence technology, sectors where Japanese automakers have fallen behind

15.03 / 10:13

markets UPS Dash DOW economy Trade reports Stock market today: World markets are mostly lower after retreat on Wall Street

Shares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

15.03 / 04:47

UPS Reuters Food Research Trade show Japan's Feb inflation likely quickened as BOJ weighs ditching negative rates: Reuters poll

By Satoshi Sugiyama

14.03 / 10:47

Platform Entertainment Sony film country audience Videos Crunchyroll sees uptick in active users as anime finds favour in India

Solo Leveling, Jujutsu Kaisen, Mashle: Magic and Muscles, One Piece, and The Daily Life of the Immortal King have found traction in India. Crunchyroll, LLC is an independent joint venture between Sony Pictures Entertainment in the US and Aniplex in Japan, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corp. Crunchyroll opened its second office in India in Hyderabad earlier this month.

14.03 / 09:23

markets MET Cooper Platform Nikkei reports Nissan could seek partnership on EVs with Honda, Japanese media say

TOKYO (Reuters) -Nissan Motor is considering seeking a business partnership with Honda (NYSE:HMC) Motor, TV Tokyo reported on Wednesday, while the Nikkei business daily said they could collaborate on electric vehicles.

14.03 / 08:55

economy Sustainability Research Trade stage country reports Indo-Pacific Economic Framework deal in final stage, signing likely soon

Mint on 28 December 2023 reported that legal scrubbing of both the pillars had started and the deal is expected to be signed in 2024. “Both the pillars are very important for the country. The clean economy (Pillar-III of the IPEF) is aimed at cooperation on research, development and commercialisation of clean energy and climate-friendly technologies," the second person said.

14.03 / 07:49

security NVIDIA Research Nikkei performer electronic Department Japan's Nikkei reverses course to end higher as chip stocks narrow losses

stocks narrowed early losses and energy shares gained. The Nikkei closed 0.29% higher at 38,807.38, after three straight sessions of losses. The index fell as much as 0.76% earlier in the session.

14.03 / 07:17

UPS Manufacturing CEO economy Trade country electronic A tale of two chip plants: Delayed in the US, on time in Japan

KIKUYO, Japan—It was a signature feat for the country that made industrial policy famous. In less than two years, an $8.6 billion semiconductor factory on a plot the size of 40 football fields sprang up amid the cabbage fields here. The Japanese government, eager to boost the country’s standing as a chip-making hub, provided more than $3 billion in subsidies for Taiwan Semiconductor Manufacturing and helped round up thousands of workers to construct the buildings.

14.03 / 05:47