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TOKYO, Japan (AFP) — Shares in Toshiba dived more than 10 percent Tuesday on reports it is likely to record a huge special loss related to a US subsidiary’s acquisition of a nuclear power service company. Toshiba shares traded 10.4 percent lower at 397.10 yen in morning trading, paring an earlier loss of as much as 16.3 percent. The company is expected to report a roughly 100 billion yen ($850 million) one-time loss for the […]
TOKYO, Japan (AFP) — Tokyo stocks rose on Monday, extending a 10-month high as the yen remained under pressure on market expectations for a US interest rate hike next month. The key Nikkei index ploughed through the psychologically important 18,000 mark and is extending its best levels since early January. Higher US rates are likely to increase the gap between the dollar and the yen as Japan’s are expected to remain low. A weaker yen […]
TOKYO, Japan (AFP) — Tokyo’s benchmark stock index headed for its first loss Tuesday after six straight gains, with exporters hit by a stronger yen. Since diving almost eight percent on June 24 in reaction to Britain’s decision to leave the European Union, the Nikkei 225 has rallied on hopes the Bank of Japan will boost its stimulus programme. “Japanese shares declining after a series of gains isn’t strange,” Takuya Takahashi, a Tokyo-based senior strategist […]
TOKYO, Japan (AFP) — The yen soared against the dollar Thursday after the Bank of Japan surprised markets by holding off fresh stimulus while it pushed back its timeline for hitting a 2.0 percent inflation target. The dollar plunged to 109.15 yen just after the announcement from above 111 yen. Markets had widely expected new measures to counter a downturn in the world’s number three-economy. Speculation had picked up pace after Japan published another set […]
TOKYO, Japan (AFP) — The yen on Tuesday jumped to its highest level against the dollar since late 2014 as a bloodbath on equity markets stoked investor demand for safe assets. In Tokyo, the greenback dropped below 115 yen as Japan’s Nikkei 225 stock index dived almost five percent following a rout in US and European bourses fueled by worries about the global economy. World markets have suffered a tumultuous start to 2016, hit by a […]
MANILA – Japanese Ambassador Kazuhide Ishikawa and Secretary of Foreign Affairs Albert F. Del Rosario signed and exchanged notes on the Japanese Grant Aid for Human Resource Development Scholarship (JDS) Project on July 3, 2015. This grant aid provides a fund amounting to 258 million yen (approximately 93 million pesos*) to cover 20 JDS fellows, consisting of Filipino young officials from various governmental institutions, entering Japan starting Academic Year 2015-2016. The project aims to enhance the […]
(Reuters) – Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo’s Nikkei recoiled in volatile trade. As share volatility rose, spreadbetters forecast a significantly lower open for Britain’s FTSE.FTSE, Germany’s DAX .GDAXI and France’s CAC .FCHI. Crude oil prices continued to decline as negotiations between Iran and world powers over nuclear technology extended beyond a deadline. The protracted negotiations have drawn […]
By Lisa Twaronite TOKYO Sun Apr 13, 2014 8:00pm EDT (Reuters) – The safe-haven yen started the week on a firm footing and Asian shares braced for more losses on Monday after a dismal week on Wall Street. Ongoing tensions in Ukraine also sapped investors’ appetite for risk. Ukraine gave pro-Russian separatists a Monday morning deadline to disarm or face a “full-scale anti-terrorist operation” by its armed forces, raising the risk of a military […]
