Japan Financial News

South Korea, the United States and Japan said on Tuesday they have activated a new system to detect and assess North Korea's missile launches in real-time. The announcement comes after North Korea said it had tested the isolated state's newest intercontinental ballistic missile (ICBM) on Monday to gauge the war readiness of its nuclear force against mounting U.S. hostility. Here is what we know about the new missile warning data sharing system: WHAT INFORMATION IS BEING SHARED? Under the new mechanism, the three countries will share information on the launch site, flight trajectory and hitting point of North Korean missiles around the clock, South Korean Defence Minister Shin Won-sik said. The United States had until now shared such information separately with South Korea and Japan. «We will have warning data on North Korean missiles much faster, and be able to secure enough time to respond effectively,» Shin said in an interview with broadcaster MBN on Monday.

TOKYO (Reuters) — Japan's government upgraded its view on business sentiment for the first time in two months in December as a central bank survey showed broad recovery in the corporate mood thanks to upbeat profits.

By Anton Bridge and Makiko Yamazaki

By Marius Zaharia

Investing.com — European stock markets edged higher Tuesday, with investors awaiting the release of the latest eurozone inflation data as they start unwinding before the Christmas holidays. 

Maruti Suzuki is anticipated to sustain this momentum by unveiling additional new products, reported HT Auto. During the February 2023 Auto Expo, Maruti Suzuki unveiled the eVX electric SUV concept, providing a glimpse of their upcoming all-electric SUV. Suzuki then presented an enhanced version of the concept at the Japan Mobility Show later in the year.

(Reuters) — The Bank of Japan maintained ultra-loose monetary settings on Tuesday in a widely expected move, underscoring policymakers' preference to await more clues on whether wages will rise enough to keep inflation durably around its 2% target.

Investing.com-- The Japanese yen fell sharply on Tuesday after the Bank of Japan maintained its ultra-dovish stance and offered no cues on a planned pivot, while broader Asian currencies were muted as a post-Federal Reserve rally cooled. 

When asked directly what would drive them to take a new job, employees’ answers are focused on functional factors, with pay the overwhelming top choice, followed by benefits and perks, work/life balance, work they enjoy and care about, and better career learning opportunities, finds a survey of 11,000 employees from eight countries (US, Canada, UK, France, Germany, Australia, Japan, and India) conducted by Boston Consulting Group (BCG).

Nissan Motor Co. is expanding its research ties with a leading Chinese university as it and other foreign car companies try to claw back market share in the important Chinese market

Stocks ended mixed on Wall Street as a seven-week winning streak cooled off

Japan’s Prime Minister Fumio Kishida has pledged to lead efforts to simultaneously achieve decarbonization, economic growth and energy security in Asia

With the Bank of Japan being the last major central bank decision left for this year and the last important macro releases of the year to come this week, the USD/JPY is the featured currency pair of the week.

Investing.com-- Most Asian stocks kept to a tight range on Tuesday as a recent post-Federal Reserve rally appeared to be cooling, while Japanese markets shot up after the Bank of Japan maintained its ultra-dovish course.

Investing.com-- The Bank of Japan left interest rates in negative territory as widely expected on Tuesday, and said it will continue with its yield curve control measures to support Japanese economic growth. 

By Yuka Obayashi and Mariko Katsumura

TOKYO (Reuters) — The Bank of Japan maintained ultra-loose monetary settings on Tuesday in a widely expected move, underscoring policymakers' preference to await more clues on whether wages will rise enough to keep inflation durably around its 2% target.

By Leika Kihara

Catch Live Market Updates here Investors await the decision of Bank of Japan policy meeting wherein members are likely to debate whether economic conditions are falling into place for the bank to begin unwinding ultra-loose monetary settings. None of the economists polled by Reuters expect the central bank to end its negative interest rate policy on Tuesday with most projecting such an action to happen next year. Meanwhile, the domestic equity indices ended lower on Monday as investors seem to book profits after markets set a new high last week.

By Rae Wee

Investing.com-- The Bank of Japan is widely expected to maintain interest rates at negative levels later on Tuesday, amid continued signals from central bank officials that they are in no hurry to tighten policy.