Wednesday, August 22, 2007

Japan Trade Surplus Down In July

by Stewart Douglas

The Japanese trade surplus has fallen over the course of July, seeing the first decline in the surplus in almost a year, according to official figures released today
The difference between imports and exports in the Japanese economy has grown or remained consistent over the last nine months before today’s decline.
The surplus has decreased by 21.1% [...]

Monday, August 20, 2007

Indonesia and Japan Agree Trade Deal

by Stewart Douglas

Japan and Indonesia have today agreed on an historic free trade pact, on an official state visit by the Japanese Prime Minister Shinzo Abe to Jakarta, the nation’s capital.
The meeting in the capital saw Prime Minister Shinzo Abe signing a free trade agreement between the two countries, ending many of the barriers to trade in [...]

Monday, August 13, 2007

Bank Of Japan Joins Lending Rescue Package

by Stewart Douglas

The Bank of Japan has announced a cash injection for the banking industry to the tune of 1.6 trillion yen.
The move comes after similar steps by both the Federal Reserve in the US and the European Central Bank to intervene in floundering financial markets.
The Japanese central bank announced 1 trillion yen on Friday, with the [...]

Tuesday, August 7, 2007

Japan Maintains Economic Assessment

by Stewart Douglas

Japan today announced its decision to maintain the status of the economy, using the same wording for its assessment of the current economic climate as in previous months.
The description of the economy as ‘recovering despite weakness in industrial production in some sectors’ has remained consistent for nine consecutive months, as Japan remains fixed on its [...]

Wednesday, August 1, 2007

Japan Contracts For First Time In Four Years

by Stewart Douglas

Japan has announced a contraction in its manufacturing output over the course of July, according to figures published today.
A report released from Tokyo today showed a negative growth result for manufacturing within the Japanese economy, a rare occurrence after four years of consistent strength in manufacturing and export sectors.
The Japanese economy, which has performed well [...]

Tuesday, July 31, 2007

Japan Sees Output Recovery

by Stewart Douglas

Industrial output in the Japanese economy has seen a rare increase in June, according to a survey released today by the Ministry of Economy, Trade and Industry.
The survey shows an increase in output from Japanese industry over the month of June, whilst casting predictions as to the near future growth of Japanese industry.
Over [...]

Friday, March 16, 2007

Japan carmakers hurt by stronger yen

by Elaine Frei

Banks were lower in Tokyo on Friday and that, with a yen that was stronger versus the US dollar, sent equities markets lower on the session.  The Nikkei 225 dropped 0.7 percent to 16,744.15, while the Topix index fell 1 percent to 1,677.06.
The banking sector was down 2.5 percent as a whole.  Mizhuo Financial (TYO: [...]

Wednesday, March 14, 2007

Tokyo real estate sector drops 5.6 percent

by Elaine Frei

The Tokyo equities markets joined the rest of Asia, and the rest of the world, in declines on Wednesday.  The Nikkei 225 fell 2.9 percent to 16,676.89, while the Topix index also dropped 2.9 percent on the session, to 1,674.94.
Export-focused sectors were lower on earlier strengthening of the yen.  The automobile manufacturing sector was down [...]

Tuesday, March 13, 2007

Tokyo Stock Exchange decides not to delist broker

by Elaine Frei

The Tokyo equities markets were lower on Tuesday as the yen strengthened and investors chose to take profits in sectors such as real estate and steel.  The Nikkei 225 dropped 0.7 percent to 17,178.84, while the Topix index was 0.9 percent lower to 1,725.43.  The declines came amid wide declines in other Asian markets.
Export-focused sectors [...]

Monday, March 12, 2007

KDDI up on fibre-optics announcement

by Elaine Frei

The Tokyo equities markets were higher on Monday as the yen weakened against the US dollar.  The Nikkei 225 added 0.8 percent to 17,292.39, while the Topix index was 0.6 percent higher to 1,741.36.
The real estate sector gained 1.8 percent as whole as it made progress in recovering from earlier losses.  Mitsui Fudosan (TYO: 8801; [...]

Thursday, March 8, 2007

Tokyo electronics sector up on broker comments

by Elaine Frei

While the Tokyo equities markets were substantially higher on Thursday, analysts stopped short of saying that the markets are back to normal trading after recent steep declines on global markets.  The Nikkei 225 and the Topix index each added 1.9 percent on the session, to 17,090.31 and 1,720.96 respectively.
The oil sector saw gains based on [...]

Wednesday, March 7, 2007

Tokyo markets drop on US concerns

by Elaine Frei

Equities markets in Tokyo were lower on Wednesday as investors worried over the state of the US economy.  The Nikkei 225 dropped 0.5 percent to 16,764.62, while the Topix index fell 0.2 percent to 1,689.60.  The Mothers market of small and mid-caps was 1.2 percent lower to 1,036.58.
Export-focused stocks, which are generally more affected when [...]

Monday, March 5, 2007

Softbank down 6.4 percent in Tokyo

by Elaine Frei

Stock market declines continued in Japan on Monday, with the Nikkei 225 down 3.3 percent to 16,642.25, beginning with a drop of over 340 points in the first fifteen minutes of the session and ending up 575.68 points lower on the session.  The Topix index was also lower, falling 3.4 percent to 1,662.71.  The Mothers [...]

Friday, March 2, 2007

Reports put Japan economic recovery in question

by Elaine Frei

New data shows that inflation in Japan fell to zero in January when measured by core consumer prices, which excludes the price of energy.  It was the 13th consecutive month of decline for the CPI.  Core inflation was at 0.1 percent in December.  Even when energy prices are included, it is thought that inflation could [...]

Wednesday, February 28, 2007

Topix suspends trade for 15 minutes in Tokyo

by Elaine Frei

The Tokyo equities markets were much lower on Wednesday.  The Nikkei 225 dropped 515 points, or 2.85 percent, to close at 17,604, while the Topix index fell 3.23 percent to 1,752.74.  At one point during the session, every stock listed on the Nikkei was in negative territory, but a few were able to make it [...]

Monday, February 26, 2007

Tokyo electronics sector mixed on session

by Elaine Frei

In Tokyo on Monday, both the Nikkei 225 and the Topix index reached multi-year closing highs.  The Topix was at a 15-year closing high as it added 0.1 percent to 1,816.97, while the Nikkei gained 0.2 percent to 18,215.35, its highest close in nearly seven years.  The small and mid-cap Mothers market, however, reversed recent [...]

Thursday, February 22, 2007

Tokyo financial sectors higher on rate hike

by Elaine Frei

In Tokyo on Thursday, the Nikkei 225 closed 1.1 percent higher to 18,108.79, the first time the index has ended a session above the 18,000 level in nearly seven years.  The Topix index added 0.9 percent to 1,802.90, while the Mother’s index gained 4 percent to 1,162.25.  The gains came as investors reacted to Wednesday’s [...]

Wednesday, February 21, 2007

Bank of Japan hikes interest rate

by Elaine Frei

The Bank of Japan voted on Wednesday to raise the interest rate there to 0.5 percent, using as its justification strong figures on economic growth in the fourth quarter of 2006.  That data showed that the gross domestic product was up by 4.8 percent on an annualized basis in the quarter.  The vote for the [...]

Tuesday, February 20, 2007

Investors await Bank of Japan decision

by Elaine Frei

As the Bank of Japan began its two days of meetings ahead of announcing a new decision on interest rates, the Nikkei 225 closed even Tuesday at 17,939.12, while the Topix index added 0.2 percent to 1,782.73.  Investors remained cautious ahead of the Bank’s announcement, scheduled for Wednesday, while analysts were divided over whether rate [...]

Thursday, February 15, 2007

Tokyo consumer finance sector declines on profits warning

by Elaine Frei

Retail sectors advanced in Tokyo on Thursday after new gross domestic product figures showed that the Japanese economy grew at an annualized rate of 4.8 percent in the last quarter of 2006, above expectations of 3.8 percent growth for the quarter.  It is widely expected that the Bank of Japan will use the new report [...]

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