Tetsushi's Feed
Apr 21, 2015

Japan govt picks Toyota adviser Funo for divided BOJ board

TOKYO (Reuters) – The Japanese government has nominated Yukitoshi Funo, an adviser to Toyota Motor Corp (7203.T: Quote, Profile, Research), to join the Bank of Japan’s deeply divided nine-member policy board, surprising market watchers who said they knew little about the businessman’s views.

Funo, 68, would replace Yoshihisa Morimoto, a former utility executive whose five-year term expires at the end of June.

Apr 21, 2015

Japan govt picks Toyota adviser Funo for divided Bank of Japan board

TOKYO (Reuters) – The Japanese government has nominated Yukitoshi Funo, an adviser to Toyota Motor Corp (7203.T: Quote, Profile, Research, Stock Buzz), to join the Bank of Japan’s deeply divided nine-member policy board, surprising market watchers who said they knew little about the businessman’s views.

Funo, 68, would replace Yoshihisa Morimoto, a former utility executive whose five-year term expires at the end of June.

Apr 20, 2015

Japan Inc echoes government’s wary stance towards China-led AIIB: Reuters poll

TOKYO (Reuters) – Nearly three quarters of Japanese firms believe Tokyo should join the China-led Asian Infrastructure Investment Bank (AIIB) only if governance conditions are met, a Reuters poll found, a view that supports the government’s cautious stance on signing up as a member.

The plans for the new bank, seen as a significant setback to U.S. efforts to extend its influence in the Asia-Pacific region and balance China’s growing financial clout, have put Japan in a quandary.

Apr 20, 2015

Japan Inc echoes govt’s wary stance towards China-led AIIB -Reuters poll

TOKYO, April 21 (Reuters) – Nearly three quarters of
Japanese firms believe Tokyo should join the China-led Asian
Infrastructure Investment Bank (AIIB) only if governance
conditions are met, a Reuters poll found, a view that supports
the government’s cautious stance on signing up as a member.

The plans for the new bank, seen as a significant setback to
U.S. efforts to extend its influence in the Asia-Pacific region
and balance China’s growing financial clout, have put Japan in a
quandary.

Apr 20, 2015

Japan, U.S. in for tough bilateral trade talks over rice, autos

TOKYO, April 20 (Reuters) – Japan and the United States
kicked off the second of two days of tough trade talks on Monday
that could pave the way for a broader trans-Pacific trade deal,
although Tokyo shrugged off expectations of a bilateral deal in
time for a summit next week.

Speaking to reporters ahead of the meeting in Tokyo, Economy
Minister Akira Amari said top-level negotiations with U.S. Trade
Representative Michael Froman, will be “very tough”, adding that
bilateral talks will hit the “most critical stage”.

Apr 19, 2015

Japan manufacturers’ mood slides on global uncertainty: Reuters poll

TOKYO (Reuters) – Confidence among Japanese manufacturers slid for the first time in three months in April but service-sector firms’ mood improved, a Reuters poll showed, underscoring the uneven nature of the economy’s rebound from a recession last year.

The Reuters Tankan, which closely tracks the Bank of Japan’s quarterly tankan survey, followed a recent run of weak indicators that has raised concerns about a sustainable recovery in the world’s third largest economy.

Apr 19, 2015

Japan manufacturers’ mood slides on global uncertainty – Reuters Tankan

TOKYO (Reuters) – Confidence among Japanese manufacturers slid for the first time in three months in April but service-sector firms’ mood improved, a Reuters poll showed, underscoring the uneven nature of the economy’s rebound from a recession last year.

The Reuters Tankan, which closely tracks the Bank of Japan’s quarterly tankan survey, followed a recent run of weak indicators that has raised concerns about a sustainable recovery in the world’s third largest economy.

Apr 19, 2015

Japan, U.S. report progress on trade talks, though Tokyo stands tough on rice

TOKYO (Reuters) – Japan and the United States reported progress in top-level trade talks on Sunday that could pave the way for a broader trans-Pacific trade deal, although Tokyo cautioned that a bilateral accord was unlikely in time for a summit next week.

Japan’s Economy Minister Akira Amari and U.S. Trade Representative Michael Froman both said they had made good progress in the first of two days of cabinet-level discussions.

Apr 19, 2015

Japan stands tough against rice imports in trade talks with US

TOKYO (Reuters) – Japan took a hard line on defending its rice market in trade talks with the United States, as ministers prepared for negotiations that could pave the way for a broader trans-Pacific trade deal.

Access to Japan’s farm market and the U.S. car market remain obstacles to a bilateral deal, vital to the success of a long-delayed Trans-Pacific Partnership (TPP) pact.

Apr 17, 2015

Japan, U.S. trade race to seal free trade fact before summit

TOKYO (Reuters) – Japan and the United States look set to hold cabinet-level trade talks in coming days as the allies race to seal a bilateral trade deal, seen as crucial for a broader trans-Pacific free trade pact, ahead of a summit this month.

Economy Minister Akira Amari is to hold a news conference after 9 p.m. (8 a.m. EDT)) on Friday, the government said after Kyodo News reported that U.S. Trade Representative Michael Froman will visit Tokyo to meet Amari on talks over the agricultural and auto sectors.