Results for Japan
- Toshiba Sees Bigger Loss As Restructuring Costs Mount
Japanese industrial conglomerate Toshiba Corp expects a bigger full-year loss than previously anticipated, amid mounting restructuring costs after a $1.3 billion accounting scandal, Reuters reported. Toshiba said on Thursday it now expected a net loss of ...
Daily Headline - global.abi.org - 02/04/2016 - 21:44 - 0 comments
- Japan’s Big Banks Step Up Foreign M&A Lending
Faced with sluggish domestic growth, Japan’s megabanks are expanding their role in financing global mergers and acquisitions, which hit a record level this year, the Wall Street Journal reported today. Japanese banks have long ranked among the world’ ...
Daily Headline - abi_admin - 12/29/2015 - 12:45 - 0 comments
- Suga: Bank of Japan Still Has Room to Maintain Easing
The Bank of Japan still has policy options to continue its unprecedented monetary easing, Chief Cabinet Secretary Yoshihide Suga said in an interview days after the central bank announced it wouldn’t expand its main stimulus target, Bloomberg News report ...
Daily Headline - abi_admin - 12/24/2015 - 10:57 - 0 comments
- Japan Avoids Second Recession of Abenomics Era
activity, grew 1.0% in the third quarter from the prior three-month period on a seasonally adjusted annualized basis, the Cabinet Office said Tuesday. Previously it had estimated that the economy shrank 0 ... Shinzo Abe to say the economy is on a recovery track after a revised decline of 0.5% in the second ...
Daily Headline - global.abi.org - 12/07/2015 - 22:45 - 0 comments
- Japan, Counting on Gradual Recovery, Holds Steady on Stimulus
The Bank of Japan kept its monetary stimulus programme unchanged on Thursday, with Governor Haruhiko Kuroda holding fast to his view that the corporate capital expenditure vital to economic growth will pick up - suggesting that no new monetary easing is ...
Daily Headline - global.abi.org - 11/19/2015 - 21:48 - 0 comments
- Japan’s Economy Feels the Sting of China’s Slowdown
Japan, more than many other developed countries, needs everything to go right for its economy to grow, the International New York Times reported. Its population and work force are shrinking. Once-big industries like consumer electronics are retrenchi ...
Daily Headline - global.abi.org - 11/16/2015 - 19:46 - 0 comments
- Japan’s 'Quintuple Dip' Recession Delivers A Fresh Blow To Abenomics
annualised 0.8% in July-September, more than a market forecast for a 0.2% contraction, government data showed on Monday. That followed a revised 0.7% contraction in the previous quarter, fulfilling the technical ...
Daily Headline - global.abi.org - 11/15/2015 - 23:15 - 0 comments
- Bank of Japan, Despite Gloomy Forecast, Resists New Steps
Japan’s central bank said on Friday that the economic outlook was worsening, but its governor said that the stimulus measures already in place, while slow to take effect, were enough for now. Even with the benchmark interest rate at virtually zero and th ...
Daily Headline - global.abi.org - 11/01/2015 - 21:32 - 0 comments
- Daiichi Chuo Shares Halted After Nikkei Report on Bankruptcy
Shares of Daiichi Chuo KK, a Japanese shipping line, were halted from trading in Tokyo after the Nikkei newspaper reported the company may seek bankruptcy protection as early as Tuesday. The company’s liabilities may be about 120 billion yen ($1 billion) ...
Daily Headline - global.abi.org - 09/28/2015 - 20:35 - 0 comments
- Shinzo Abe Vows To Boost Japan Output By 22% With New Reforms
Shinzo Abe has vowed to boost the size of Japan’s economy from Y491tn to Y600tn and said his programme of reforms was entering a new, second stage, the Financial Times reported. The Japanese prime minister was speaking after his Liberal Democratic pa ...
Daily Headline - global.abi.org - 09/24/2015 - 21:10 - 0 comments