Japan Financial News

Markets are focusing on comments from Governor Kazuo Ueda's post-meeting briefing for clues on how soon the bank could phase out the massive stimulus programme of his predecessor. As widely expected, the BOJ maintained its short-term interest rate target of -0.1% and that for the 10-year bond yield around 0% at a two-day meeting that ended on Friday. It also left unchanged an allowance band of 50 basis point set either side of the yield target, as well as a new hard cap of 1.0% adopted in July. «Japan's economy is likely to continue recovering moderately,» the BOJ said in a statement announcing the decision, adding that inflation expectations have shown renewed signs of heightening. The BOJ's decision contrasts with those of U.S.

Investing.com-- Most Asian stocks moved in a flat-to-low range on Friday as markets continued to fret over rising interest rates, while Japan’s Nikkei tumbled amid uncertainty before a Bank of Japan meeting. 

TOKYO (Reuters) — The Bank of Japan maintained ultra-low interest rates on Friday and its dovish guidance on future monetary policy, signalling it is in no rush to phase out its massive monetary stimulus.

Investing.com-- The Bank of Japan held interest rates at negative levels as widely expected on Friday, and said that it will continue with its current pace of asset purchases and yield curve control to stimulate the economy. 

US Fed’s hawkish stance in its policy meeting. «Uncertain global cues and persistent selling by FIIs are likely to keep markets under pressure in the near term. It would be better to prefer defensive sectors for some time until the market stabilizes,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded lower by 30.5 points, or 0.16 per cent, at 19,692.50, signaling that Dalal Street was headed for positive start on Friday.

By Leika Kihara

TOKYO (Reuters) — Japan's factory activity contracted for the fourth straight month and the service sector growth slipped to an eight-month low, a survey showed on Friday, highlighting the challenges facing the economy as it struggles to mount a strong recovery.

By Rae Wee

By Yoshifumi Takemoto and Leika Kihara

Investing.com-- Japanese consumer inflation grew above expectations in August, data showed on Friday, coming just a few hours before a Bank of Japan meeting that is expected to offer more cues on a potential move away from negative interest rates.

A list with wonders like the Taj Mahal and the Pyramids of Egypt on it just grew longer. At a meeting of the Unesco World Heritage Committee in Riyadh, Saudi Arabia, member states have agreed to add World War I cemeteries and Rwanda’s genocide slopes to the list of World Heritage sites, apart from a torture centre in Argentina that’s now a memorial.

The blockbuster movie “Barbie" depicts men as utterly useless. The film’s younger guys dress in fake fur and act like Neanderthals, while the middle-aged men who have jobs are portrayed as incompetent nincompoops. Some are eye candy for the Barbies, but they’re all socially awkward.

By Makiko Yamazaki

Studio Ghibli, the famed Japanese animation studio of Hayao Miyazaki, will become a subsidiary of Nippon Television Network Corp. The companies said Thursday the move was approved by both boards

Toshiba says a 2 trillion yen ($14 billion) tender offer for the troubled electronics and energy giant by a Japanese consortium has been completed, clearing the way for it to be delisted

Dogecoin is among the most popular meme coins in the entire blockchain infrastructure. The meme coin has managed to get a massive following on social media with celebrity endorsements from prominent celebrities like Elon Musk, Snoop Dog, and Mia Khalifa. 

Gannibal" unfolds within a fictional Japanese village. In the first season of 'Gannibal', viewers witnessed the arrival of police officer Agawa Daigo, who had recently moved to this new location, carrying the heavy burden of guilt related to a traumatic incident involving his daughter. Initially, things seemed hopeful for Agawa in his new surroundings.

Candlelight Concerts to India, kicking off with performances in tribute to Taylor Swift’s greatest hits, Vivaldi’s Four Seasons, British bands Queen and Coldplay, as well as the Japanese composer Joe Hisaishi. The expansion into the region comes on the heels of the experience’s success, having delighted audiences in more than 150 cities worldwide, including New York, London, Madrid, Singapore and Tokyo.Audiences who would like to be the first to know about the local venues and music programs kicking off the series can sign up on each city’s page at feverup.com.

JSW is in early stage talks with Korea's LG Energy Solution (LGES) about jointly manufacturing batteries in India, two sources told Reuters, as it presses ahead with plans to build electric vehicles locally. JSW held talks with senior LGES executives in Korea earlier this month, proposing a partnership to manufacture battery cells in India for EVs and energy storage, one of the people with direct knowledge of the discussions said. LGES and JSW both declined to comment on any discussions.

One of last year’s hottest quant trades is getting a reboot, even as it misfires in the world’s largest stock market. 

Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.