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The Bank of Japan, which has been resisting public calls by politicians for a more aggressive approach, moved towards a neutral stance on the risk of inflation on Friday. “We want the BoJ to extend support on the monetary policy front in overcoming deflation,”...
Tags: The Bank of Japan, Japan Franchise Association, Sumitomo Trust-Chuo Mitsui, fall prices, central banks, BOJ Faces Pressure, Japan, Tōkyō, Bernanke Doctrine, Reflation, Inflation, Deflation, Monetary policy, Business Finance, Mitsui, Sumitomo Trust and Banking, Sumitomo Group, Sumitomo Mitsui Banking Corporation, Mitsui Sumitomo, Chuo Mitsui Trust Holdings, Sumitomo Mitsui Financial Group, Convenience store, Retailing, World Steel Association, Metadata, Monopoly, United States copyright law, Public domain, Copyright law of the United Kingdom, Copyright, Data management, Library and information science, Law Crime
Two of Japan’s megabanks posted mixed first-half earnings Friday but stuck to predictions of a return to profit for the full year, showing the recovery under way in the country’s hard-hit financial sector. Mizuho Financial Group said its profit for...
Tags: Japan, net profits, Tōkyō, Japanese yen, Mitsubishi Research Institute, The Bank of Tokyo-Mitsubishi UFJ, Mitsubishi companies, Mitsubishi UFJ Financial Group, Mitsubishi Motors, Business Finance, Mitsui, Sumitomo Mitsui Financial Group, Sumitomo Trust and Banking, Sumitomo Corporation, Mitsui Sumitomo, Chuo Mitsui Trust Holdings, Mizuho Financial Group, Mizuho Bank, Nikko Cordial, Morgan Stanley, Investment banks, Nikkei 225
Tokyo stocks ended mixed Friday as initial gains by exporters on renewed U.S. recovery optimism were later trimmed when investors shifted to the sidelines ahead of key U.S. jobs data. The 225-issue Nikkei Stock Average gained 71.91 points to 9,789.35...
Tags: Nikkei Stock Average, Tokyo, U.S, Japan, net profit, job data, Chuo Mitsui Trust Holdings, billion yen
Japan's biggest brokerage, stayed in the black for a second straight quarter, helped by a recovery in financial markets and the acquisition of parts of Lehman Brothers. Nomura's profit for the July-September period totaled 27.72 billion yen ($304.6 million)...
Tags: Chuo Mitsui Trust Holdings, Japan, Nomura Holdings Inc, billion yen, Sumitomo Trust, Softbank Mobile Corp., Nikkei Stock Average, trust banks, assets manager