Japan

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Japan regulator urges banks to reduce cross-shareholdings

TOKYO - Japan's financial regulator urged the country's biggest banks to reduce their cross-shareholdings, warning that their heavy exposure to the equity markets poses risks to their capital.

Recent Japan News

JGBs firm in line with Treasuries after downbeat jobs report 8:06am BST

TOKYO, July 3 - Japanese government bond prices firmed on Friday, tracking firmer Treasuries after a disappointing U.S. employment report raised doubts about whether U.S. interest rates would rise this year.

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Little bird tells Japan they will win the World Cup 7:16am BST

TOKYO - The United States will be left as sick as a parrot after Sunday's Women's World Cup final against Japan, according to the latest football psychic from the animal kingdom.

Japan May machinery orders seen down for first time in 3 months 7:14am BST

TOKYO - Japan's leading indicator of capital spending probably fell in May for the first time in three months, but analysts believe the decline will be temporary and firms' business investment will remain solid, buoyed by strong earnings, a Reuters poll showed.

Soccer-Little bird tells Japan they will win the World Cup 7:14am BST

TOKYO, July 3 - The United States will be left as sick as a parrot after Sunday's Women's World Cup final against Japan, according to the latest soccer psychic from the animal kingdom.

UPDATE 1-Japan's SMFG plans lower shareholdings in client firms - source 4:40am BST

* New governance code requires explanation of stock ownership