Japan

Japan News

• Asian Stocks Decline; Developers Drop as Shanghai Maintains Property Curbs

  Updated 29 minutes ago

  Asian stocks declined as sales of previously owned homes in the U.S. trailed estimates and Shanghai pledged to keep property-market controls in place amid forecasts of slower growth in China.

• U.S. to Raise Nuclear Issue in First North Korean Talks Since Kim’s Death

  Updated 29 minutes ago

  The U.S. is “cautiously optimistic” about talks in Beijing today with North Korea, the first such meeting since Kim Jong Il died in December and his son inherited leadership of the isolated, nuclear-armed country.

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  HSBC to Close Japan Consumer Banks

  Updated 28 minutes ago

  HSBC Holdings Plc, Europe’s largest bank, will withdraw from consumer banking in Japan, closing down six branches four years after starting the business.

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  Asia Stocks, Aussie Drop on Growth Concern

  Updated 7 minutes ago

  Asian stocks fell the most in a week and the Australian dollar weakened as reports signaled slowing global economic growth and Hewlett-Packard Co. forecast profit that missed estimates. Oil dropped from a nine-month high as U.S. stockpiles increased.

• Treasuries Snap Gain as Jobless Claims Are Seen to Stay Near Four-Year Low

  Updated 14 minutes ago

  Treasuries snapped a gain from yesterday before a government report that economists said will show initial claims for jobless benefits were close to a four- year low.

• Japan Stocks Fall on Signs Market Overbought

  Updated 1 hour, 52 minutes ago

  Japanese stocks declined, with the Nikkei 225 Stock Average falling from a six-month high, as technical indicators signaled shares may be overbought and U.S. housing data missed estimates.

• Mazda Shares Decline After Carmaker Plans Record Share Sale: Tokyo Mover

  Updated 2 hours, 21 minutes ago

  Mazda Motor Corp., Japan’s least profitable major carmaker, fell to a two-week low in Tokyo trading after the company said it may raise a record 162.8 billion yen ($2 billion) selling new stock.

• Tax Cuts Should Create Growth, Not Junk Spending: Amity Shlaes

  Updated 1 hour, 46 minutes ago

  Payroll-tax cut equals growth. Consumer spending equals growth. Consumer spending is 70 percent of the economy. All growth is equal.

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  Bank of America to Speed Growth in China After Doubling P

  Updated 14 minutes ago

  Bank of America Corp., the second- biggest U.S. lender, will accelerate its expansion in China after doubling profit and boosting its workforce in the world’s fastest-growing major economy last year.

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  AMR to Pare New York Flights in Peak Travel Season in Bankruptcy Pullback

  Updated 2 hours, 30 minutes ago

  American Airlines will pare service in New York City, the world’s busiest aviation market, during the peak of the U.S. travel season as parent AMR Corp. reorganizes in bankruptcy and larger rivals expand.

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