Japan Headlines

UPDATE 1-Japan's Showa Corp to plead guilty in U.S. to price fixing

WASHINGTON, April 23 - Japan's Showa Corp has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a $19.9 million fine, the Justice Department said on Wednesday.

Regulatory News, Japan 3:23pm BST

Japan's Showa Corp to plead guilty in U.S. to price fixing

WASHINGTON, April 23 - Japan's Showa Corp has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a $19.9 million fine, the Justice Department said on Wednesday.

Regulatory News, Japan 2:58pm BST

BOJ says 90 ppercent of banks taking on more risk post-QE

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TOKYO - Over 90 percent of Japanese banks have increased loans and investment in riskier assets in the past year, the Bank of Japan said on Wednesday, suggesting that the wall of money it is pumping out is spilling over into the broader economy.

Business, Japan 12:13pm BST

BOJ says 90 percent of banks taking on more risk post-QE

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TOKYO - Over 90 percent of Japanese banks have increased loans and investment in riskier assets in the past year, the Bank of Japan said on Wednesday, suggesting that the wall of money it is pumping out is spilling over into the broader economy.

11:45am BST

Japan Amari - Briefed PM Abe on trade talks before Obama arrival

TOKYO - Japanese Economy Minister Akira Amari said on Wednesday that he briefed Prime Minister Shinzo Abe on trade talks with the United States shortly before President Barack Obama was to arrive for a state visit.

10:53am BST

U.S. steps up trade pressure on Japan ahead of Obama visit

TOKYO - The United States put last-minute pressure on Japan to compromise in tough trade talks on Wednesday, shortly before President Barack Obama was to arrive for a state visit.

Japan, World 10:49am BST

U.S. steps up trade pressure on Japan ahead of Obama visit

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TOKYO - The United States put last-minute pressure on Japan to compromise in tough trade talks on Wednesday, shortly before President Barack Obama was to arrive for a state visit.

10:47am BST

Japan Amari: Briefed PM Abe on trade talks before Obama arrival

TOKYO - Japanese Economy Minister Akira Amari said on Wednesday that he briefed Prime Minister Shinzo Abe on trade talks with the United States shortly before President Barack Obama was to arrive for a state visit.

10:47am BST

U.S. trade representative presses Japan to take 'elevated view' in trade talks

TOKYO - The United States put last-minute pressure on Japan to compromise in trade talks on Wednesday, shortly before President Barack Obama was to arrive for a state visit.

10:47am BST

UPDATE 1-Japan's Sumitomo Life plans a shift to foreign bonds from JGBs

TOKYO, April 23 - Sumitomo Life Insurance, Japan's fourth-largest life insurer, plans to shift some funds out of long-term domestic bonds to foreign bonds in the year to March, as bond yields in Japan are too low, a senior company official said on Wednesday.

10:32am BST