JAPAN

IBTimes Logo

Asia stocks hit by China central bank

Chinese stocks led a drop in Asian equities on Wednesday as Beijing's surprise hike of banks' reserve requirements sparked investor concerns that the move could slow the country's purchases of natural resources and other imported goods from Asia.

Stocks, commodities fall after China bank move

IBTimes Logo
Stocks and commodities fell in Asia on Wednesday after China's surprise hike of banks' reserve requirements sparked investor concerns that the move could slow China's purchases of natural resources and other imported goods from Asia.

Military base deal eludes Clinton, Okada in Hawaii

IBTimes Logo
U.S. Secretary of State Hillary Clinton and Japanese Foreign Minister Katsuya Okada failed to reach a deal on Tuesday on a dispute over a U.S. military base, but pledged not to let it derail the broader relationship.
IBTimes Logo

Hitachi develops battery for plug-in hybrid cars

Japan's Hitachi Ltd said it has developed lithium-ion batteries for plug-in hybrid vehicles and plans to start commercial production by 2013, aiming to take a slice of a market with strong growth potential.
More news
IBTimes Logo

Asian stocks down on China policy fears

Asian stocks fell on Tuesday, a day after hitting a 17-month high, on investor jitters about tighter monetary policy in China, while the dollar rose after a Chinese sovereign fund official said the currency has bottomed.
IBTimes Logo

North Korea calls for peace treaty to replace armistice

North Korea said on Monday it wants to reach a peace treaty quickly to replace the ceasefire that ended the 1950-53 Korean War in order to build trust with the United States and revive dormant nuclear disarmament talks.
IBTimes Logo

Clinton to talk bases, security on Pacific swing

Secretary of State Hillary Clinton heads to the South Pacific this week, working to boost key U.S. alliances while pressing Japan to resolve a damaging dispute over a critical U.S. military base.
IBTimes Logo

Asia stocks hit 17-month high on China export surge

Asian stocks hit a 17-month high on Monday as a strong rebound in China's exports raised investor optimism about Asia's economies while the dollar suffered its biggest loss in six weeks after poor U.S. jobs data.
IBTimes Logo

Asia stocks at 17-month high on China trade

Asian stocks rose to a 17-month high on Monday as a strong rebound in China's exports raised optimism about the region's economic outlook as the dollar suffered following weak U.S. jobs data.
IBTimes Logo

JAL lenders to cave in to bankruptcy plan: sources

The main lenders to Japan Airlines plan to accept a restructuring package that would require the carrier to file for bankruptcy, sources said, increasing the likelihood of a state bailout this month.
IBTimes Logo

JAL to nix Delta, AA aid: source

Delta Air Lines and American Airlines will not be invited to invest in Japan Airlines until after a new management has been put in place, if ever, a person familiar with the matter said.
IBTimes Logo

JAL to decline financial aid from Delta, AA: report

A state-backed turnaround fund is likely to decline financial aid for Japan Airlines from Delta Air Lines or American Airlines and limit an alliance to a business tie-up, a newspaper reported on Sunday.
IBTimes Logo

Japan's high debt not a problem short-term: IMF

Japan's public debt is very high but is not a serious problem in the short-term as private savings are abundant and investors continue to buy government bonds, a senior International Monetary Fund official told the Nikkei newspaper.
IBTimes Logo

Yen reclaiming carry trade as U.S. bond yields rise

The recent spike in U.S. bond yields, coinciding with a rally in the dollar against the yen, is flagging a return to the yen to fund carry trades -- the risky strategy of using a low-yielding currency to purchase assets in higher-yielding currencies in the search for better returns.
IBTimes Logo

JAL lenders to cave in to bankruptcy plan-sources

The main lenders to Japan Airlines plan to accept a restructuring package that would require the carrier to file for bankruptcy, sources said, increasing the likelihood of a state bailout this month.
IBTimes Logo

Japan nuclear plant usage rises to 3-year high

The nuclear power plant utilization rate at Japan's 10 nuclear power companies rose to its highest in more than three years in December as many companies boosted output for peak winter demand, helping cut the need for thermal fuel.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.