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Japan plans extra budget of $24-26 billion for fiscal 2017: sources

TOKYO (Reuters) – Japan’s government is set to compile an extra budget worth around 2.7-2.9 trillion yen ($24-26 billion) for the fiscal year to March 2018, with additional bond issuance of around 1 trillion yen to help fund the spending, government sources to... More »

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Japan PM Abe: Govt and BOJ to work together to beat deflation

FILE PHOTO: Japan’s Prime Minister Shinzo Abe delivers his policy speech at the lower house of parliament in Tokyo, Japan, November 17, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe said on Monday that the government and the... More »

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TPP leaders` meeting fails to materialise amid disputes

A planned meeting of leaders of the 11 countries in the Trans Pacific Partnership (TPP) to decide on the fate of the trade pact did not take place on Friday, amid disagreements over how to take it forward without the United States. More »

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Japan`s Abe says time to exert maximum pressure on North Korea

Japanese Prime Minister Shinzo Abe said on Monday it was time to exert maximum pressure on North Korea and he had agreed with U.S. President Donald Trump that China should play a bigger role in getting Pyongyang to give up its weapons programs. More »

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Victory for Abenomics lifts world stocks to new record

Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »

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Dollar hits three-month high vs. yen on Abe election victory

The dollar touched a three-month high against the yen on Monday, with investors betting that an emphatic election victory for Japan's ruling party would see a continuation of the ultra-loose "Abenomics" policy that have kept downward pressure on the yen. More »

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Soaring U.S. yields pushes dollar up for second day

The dollar climbed for a second consecutive day on Tuesday as a strong reading for U.S. manufacturing activity pushed bond yields higher, prompting investors to trim some of their extreme short bets against the greenback. More »

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Global stocks, dollar rise as investors turn eyes to Fed

An index of world stocks hit a record high on Monday and the dollar rose to a more-than seven-week peak against the yen as investors awaited clues from the U.S. Federal Reserve on the timing of further rate hikes, while tensions over North Korea eased. More »

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Japan 2016/17 corporate tax revenue down in blow to Abenomics

A man reads a newspaper as a pedestrian walks past, inside a building at a business district in Tokyo June 19, 2014. REUTERS/Yuya Shino Japan’s corporate tax revenue fell to 10.3 trillion yen ($90 billion) for the last fiscal year, the lowest since fiscal 2012... More »

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Asia learns to adapt to Korean tensions- Fed views awaited

FILE PHOTO – A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian share markets inched back into the black on Wednesday as investors wagered the latest flare-up of tensions on the Korean peninsula... More »

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Japan Inc scrambles for job-hoppers to cope with labor shortages

Hiroaki Okutani (R), 57, a contract worker of Ueda Co., Ltd., wears an Atoun Inc. Power Assist Suit (AWN-03B), as he works at a distribution center in Kawasaki, Japan June 22, 2017. REUTERS/Toru Hanai Japan’s labor shortage has pushed job-hopping to its highes... More »

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U.S. warship sails near disputed island in South China Sea

U.S. navy sailors stand in formation on the deck as USS Stethem (DDG 63) destroyer vessel arrives at a military port for an official visit, in Shanghai, China, November 16, 2015. REUTERS/Stringer A U.S. warship sailed near a disputed island in the South China ... More »

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Asian stocks start new month on firm footing, bonds under pressure

FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo, Japan, February 9, 2016. REUTERS/Issei Kato Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectatio... More »

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Japan ruling party heavyweight to visit South Korea June 10-13

Toshihiro Nikai, Secretary General of the Japanese Liberal Democratic Party, prepares to put on his ear piece before a session on connectivity of development policies and strategies held as part of the Belt and Road Forum in Beijing, China, May 14, 2017. REUTE... More »

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Vice President Pence heads to Seoul as North Korea tensions flare

FILE PHOTO: U.S. Vice President Mike Pence arrives for the swearing-in ceremony of Judge Neil Gorsuch as an Associate Supreme Court Justice in the Rose Garden of the White House in Washington, U.S., April 10, 2017. REUTERS/Joshua Roberts /File Photo U.S. Vice ... More »

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Japan education reforms stir memories of wartime indoctrination

FILE PHOTO: The construction site for an elementary school of Moritomo Gakuen, an educational institution, is seen in Toyonaka, Osaka, Japan February 18, 2017, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS/File Photo A push for patriotic con... More »

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Kuroda likely favorite for new BOJ term, if willing

FILE PHOTO: Governor of the Bank of Japan Haruhiko Kuroda (C) arrives for the session ‘The Global Economic Outlook’ in the Swiss mountain resort of Davos January 24, 2015. REUTERS/Ruben Sprich/File Photo Bank of Japan governor Haruhiko Kuroda has emphatically ... More »

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For Trump, Mar-a-Lago is place to break the ice with China`s Xi

A sign for the Eau Palm Beach Resort and Spa where President of China Xi Jinping will stay is shown in Manalapan, Florida U.S., April 5, 2017. U.S. President Donald Trump will meet with Xi Jinping on April 6 and 7 at his nearby Mar-a-Lago estate. REUTERS/Joe S... More »

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Olympics: Fukushima confirmed as additional 2020 baseball venue

Yoshiro Mori, Japan’s President of the Tokyo 2020 Organizing Committee, talks during a news conference in Tokyo, Japan, May 26, 2016. REUTERS/Thomas Peter Picture Supplied by Action Images Fukushima prefecture’s Azuma Baseball Stadium will host at least one ba... More »

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Merkel meets Trump in clash of style and substance

FILE PHOTO: German Chancellor Angela Merkel arrives at the EU summit in Brussels, Belgium, March 9, 2017. REUTERS/Dylan Martinez/File photo She is controlled and cautious, a physicist from East Germany who takes her time making decisions and has never relished... More »

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Dollar takes breather from Fed-inspired rally

FILE PHOTO: A teller holds U.S. $100 dollar at a bank in Taipei, Taiwan February 23, 2017. Picture taken February 23, 2017. REUTERS/Tyrone Siu/File Photo The dollar slipped in Asian trading on Monday, as investors locked in gains after its rise last week on gr... More »

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Stocks drop as markets wary of Fed, geopolitical tensions

People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November 18, 2016. REUTERS/Toru Hanai U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain pro... More »

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Japan will tell United States to respect WTO rules: PM Abe adviser

Yasutoshi Nishimura speaks during the Reuters Japan Investment Summit in Tokyo May 19, 2014. REUTERS/Toru Hanai Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Or... More »

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Trump wants to make sure U.S. nuclear arsenal at `top of the pack`

U.S. President Donald Trump pauses during an an interview with Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst President Donald Trump said on Thursday he wants to ensure the U.S. nuclear arsenal is a... More »

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McIlroy plays with Trump, tunes up for comeback: reports

Oct 2, 2016- Chaska, MN, USA- Rory McIlroy of Northern Ireland plays his shot from the seventh tee during the single matches in 41st Ryder Cup at Hazeltine National Golf Club. Mandatory Credit: Rob Schumacher-USA TODAY Sports / Reuters World number three Rory ... More »

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Japan January exports seen up for second straight month

Newly manufactured vehicles await export at a port in Yokohama, Japan, January 16, 2017. REUTERS/Toru Hanai Japan’s exports are seen rising for the second straight month in January, supported by a global economic recovery and a soft yen while imports are expec... More »

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Dollar wallows near one-week low, policy concerns limit bounce

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration The dollar wallowed near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with underlyin... More »

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Resurgent U.S. stock fund inflows show return of `Trump trade`

U.S. President-elect Donald Trump is broadcast on a screen on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 27, 2016. REUTERS/Andrew Kelly Investors boosted their bets on U.S.-based equity funds in the latest week a... More »

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Trump national security aide Flynn resigns over Russian contacts

National security adviser General Michael Flynn delivers a statement daily briefing at the White House in Washington U.S., February 1, 2017. REUTERS/Carlos Barria President Donald Trump’s national security adviser, Michael Flynn, resigned late on Monday after ... More »

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Asia shares eke out 19-month top, cautious ahead of Yellen

A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and ... More »

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Dollar edges lower ahead of Yellen, pressured by Flynn resignation

FILE PHOTO – An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. REUTERS/Kham The dollar extended losses on Tuesday after President Donald Trump’s national security adviser Michael Flynn quit, with investors waiting to see wh... More »

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Asian shares at 1-1/2-year high, yen sags after Trump-Abe meet

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji Asian stocks rallied to 1-1/2-year highs on Monday, helped by renewed hopes... More »

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Dollar hits two-week high vs yen on U.S.-Japan summit relief

A U.S. one-hundred dollar bill (C) and Japanese 10,000 yen notes are spread in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei Miyano The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief ... More »

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Trump`s national security adviser Flynn trying to survive crisis

National security adviser General Michael Flynn delivers a statement daily briefing at the White House in Washington U.S., February 1, 2017. REUTERS/Carlos Barria President Donald Trump’s national security adviser, Michael Flynn, is struggling to get past a co... More »

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Few good options in Trump arsenal to counter defiant North Korea

U.S. President Donald Trump listens to a translation during a joint news conference with Japanese Prime Minister Shinzo Abe at the White House in Washington, U.S., February 10, 2017. REUTERS/Joshua Roberts Despite his campaign vows to take a tougher line with ... More »

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Trump and Japan`s Abe take a swing at golf diplomacy

Japanese Prime Minister Shinzo Abe (R) and U.S. President Donald Trump are seen in the Presidential Limousine as they depart from Trump International Golf club in West Palm Beach, Florida, U.S., February 11, 2017, in this photo taken by Kyodo. Mandatory credit... More »

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With eye on Obamacare, Price takes helm as U.S. health secretary

U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Carlos B... More »

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Abe hopes to avoid landing in rough in golf outing with Trump

FILE PHOTO – U.S. property magnate Donald Trump practices his swing at the 13th tee of his new Trump International Golf Links course on the Menie Estate near Aberdeen, Scotland, Britain June 20, 2011. REUTERS/David Moir/File Photo With golf long regarded as a ... More »

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Oil fuels stocks rally, bond market pressure eases

A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Stocks rose in Europe and Asia on Thursday and yields fell on some of the euro zone’s battered low-rated bonds as investors put aside the political r... More »

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Japan took in just 28 refugees in 2016, despite record applications

FILE PHOTO: A protester holding a placard shouts slogans at a rally to call for visa grants for asylum seekers in Japan, in central Tokyo, September 9, 2015. REUTERS/Yuya Shino/File Photo Japan accepted just 28 refugees last year when a record number applied f... More »

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Kiwi clattered by central bank steer, U.S. dollar dips

Reserve Bank of New Zealand dollar notes are pictured in Singapore June 22, 2006. REUTERS/Dennis Owen/File Photo The New Zealand dollar was by far the biggest faller among major currencies on Thursday, down almost a full percentage point after its central bank... More »

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Political jitters keep euro, French debt under pressure

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, February 1, 2017. REUTERS/Staff/Remote Political uncertainty ahead of European elections prompted nervous investors to sell the euro a... More »

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Political risks weigh on euro, yen gains

A man counts U.S dollars and Euros at a money exchange office in central Cairo, Egypt, December 27, 2016. REUTERS/Mohamed Abd El Ghany The euro fell another third of a percent against the dollar on Wednesday, as concerns around a resurgence in political risk t... More »

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Asia stocks, euro pressured by economic, political uncertainty

A man using mobile phone walks past at an electronic board showing Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato Appetite for Asian stocks and the euro ebbed on Tuesday as a rising tide of economic and polit... More »

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Toyota raises profit outlook, says will keep producing at home

A man looks at Toyota Motor Corp’s Estima Hybrid model at its headquarters in Tokyo, Japan, February 6, 2017. REUTERS/Kim Kyung-Hoon Toyota Motor Corp (7203.T) reported a drop in quarterly operating profit on Monday but still added 9.7 percent to its full-year... More »

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Japan PM says next BOJ head should carry on Kuroda`s policy stance

Haruhiko Kuroda, Governor of the Bank of Japan attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich Japanese Prime Minister Shinzo Abe said the next central bank governor should be someone who would... More »

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Japan artist says latest sticker graffiti aimed at Trump

A sticker art depicting U.S. President Donald Trump, made by a Japanese graffiti artist known as 281 Antinuke, is seen at a busy crossing in Tokyo’s Shibuya shopping and entertainment district, Japan, January 27, 2017. REUTERS/Toru Hanai Japanese graffiti arti... More »

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Japan`s PM says will keep seeking Trump`s understanding on TPP

Japan’s Prime Minister Shinzo Abe makes a policy speech at the start of the ordinary session of parliament in Tokyo, Japan, January 20, 2017. REUTERS/Toru Hanai Japanese Prime Minister Shinzo Abe said on Monday he believed U.S. President Donald Trump understoo... More »

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Dollar drops as investors await details of Trump`s policies

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo The dollar skidded in Asian trade on Monday, with the euro hitting its highest levels in more than a m... More »

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Tokyo office boom fades with more space, fewer workers

Medium-rise and low-rise residences and office buildings are seen from the first observatory deck of Tokyo Sky Tree in Tokyo October 30, 2011. REUTERS/Issei Kato/File Photo Commercial property prices in Tokyo, a bellwether for Japan’s market, look to have peak... More »