May 12, 2016

Nissan in talks to own third of scandal-stung MMC for $1.8 billion

Nissan Motor Co is in advanced talks to take a roughly one-third stake in Mitsubishi Motors Corp with a $1.8 billion investment, as Mitsubishi struggles with a fuel-economy data scandal, two sources said. If the ¥200 billion deal goes through, Nissan, Japan’s second-largest automaker ...

| May 11, 2016

Nikkei advances for three sessions in row

The benchmark Nikkei average advanced for the third straight session on the Tokyo Stock Exchange Wednesday, thanks to buying backed by higher U.S. shares, but its upside was pressured by profit-taking. The 225-issue Nikkei average climbed 13.82 points, or 0.08 percent, to end at ...

A Tokyo stock picker watches his nation age

May 11, 2016

A Tokyo stock picker watches his nation age

by and

It’s an early weekday morning in Tokyo and the Japanese pub is already filled with a boisterous clientele, mostly pensioners. Sitting among them is Kengo Kuzuhara, taking notes. The 41-year-old wants to know how his elders spend their cash, as he runs a stock ...

| May 10, 2016

Nikkei gains 2.15% on easier yen

Stocks gained further ground on the Tokyo Stock Exchange on Tuesday as the dollar’s appreciation against the yen prompted continued buybacks. The Nikkei average jumped 349.16 points, or 2.15 percent, to end at 16,565.19. On Monday, it climbed 109.31 points. The Topix index rose ...

BOJ considered negative side of minus rates: minutes

May 9, 2016

BOJ considered negative side of minus rates: minutes

Some Bank of Japan policymakers warned in March of “adverse effects” of negative rates, citing anxiety among financial institutions and depositors, meeting minutes showed Monday. After the minus rate policy was adopted in late January, these members said it had become difficult for market ...