Japan

Daiwa cutting sales, trading jobs in London - sources

LONDON, Oct 21 - Japanese bank Daiwa is shrinking its trading and sales operations at its investment banking arm in London, with at least six people at risk of redundancy, sources familiar with the situation said on Tuesday.

Recent Japan News

U.S., Japan to conduct joint military drill for island defence 1:06pm BST

TOKYO, Oct 21 - Japan said on Tuesday it would hold a bilateral military exercise with the United States in November to ensure smooth joint operations between the two countries' militaries and bolster island defence capabilities.

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BOJ's Kuroda: yen recently being bought on risk aversion, will monitor market moves 11:57am BST

TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Tuesday that investors have been buying the yen recently due to risk aversion and worries about the global economic outlook, according to a government official.

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Japan PM's woes may not end despite resignations of two ministers 10:40am BST

TOKYO - Japanese Prime Minister Shinzo Abe is facing increased pressure from a newly energised opposition over potential scandals within his cabinet even though he swiftly jettisoned two ministers this week in a bid to calm the storm.

UPDATE 1-Nippon Life eyes more foreign bonds if domestic yields are too low 10:07am BST

* Says yen bonds 'not conducive' for investment if yields stay low

Devro sees improving demand, keeps full-year outlook 10:04am BST

- Devro Plc , which makes edible collagen casings for sausages, said it was seeing signs of improvement in demand, with volumes picking up in China, Japan and Germany, and maintained its full-year outlook.