Japan

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Dollar gains against euro but slips against yen, franc on Gulf worries

NEW YORK - The U.S. dollar recovered against the euro on Thursday on the view that central bank monetary policy remained more favorable for the greenback, while it slipped against the Japanese yen and Swiss franc concerns about Gulf oil supplies.

Recent Japan News

Japanese PM Abe to address U.S. Congress on April 29 5:14pm GMT

WASHINGTON, March 26 - Japanese Prime Minister Shinzo Abe will address a joint meeting of the U.S. Senate and House of Representatives on April 29, during a visit to Washington, becoming the first Japanese leader to make such an address.

BOJ newcomer Harada says price target, timeframe not rigid goals 12:16pm GMT

TOKYO - New Bank of Japan board member Yutaka Harada said on Thursday it is "impossible" to consider the central bank's 2 percent inflation target and the two-year timeframe for achieving it as "rigid" goals.

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BOJ newcomer Harada says price target, timeframe not rigid goals 12:10pm GMT

TOKYO - New Bank of Japan board member Yutaka Harada said on Thursday it is "impossible" to consider the central bank's 2 percent inflation target and the two-year timeframe for achieving it as "rigid" goals.

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SoftBank-led group in talks to buy stake in India's Micromax - sources 12:03pm GMT

MUMBAI - A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics for up to $1 billion (668.72 million pounds), two people aware of the discussions said.

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SoftBank leads group in talks to buy up to $1 billion stake in India's Micromax: sources 11:22am GMT

MUMBAI - A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics for up to $1 billion, two people aware of the discussions said.