Chrystal Rhone

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Japan consumer inflation slows, piling pressure on BOJ to act | Reuters

TOKYO (Reuters) - Japan’s annual core consumer inflation slowed for a second straight month in September, adding to evidence the Bank of Japan will miss its 2 percent price goal even as it dismisses growing doubts about the efficacy of its money-printing programme.<p>A shopper looks at goods next to …

Japan to approve GPIF boosting domestic stocks to 25 pct -sources | Reuters

TOKYO (Reuters) - Japan’s government will approve new allocation targets for the world’s biggest pension fund on Friday, aiming to raise its holding of Japanese shares to 25 percent of its portfolio from the current 12 percent, two government sources said.<p>A signboard of the Government Pension …

Japan coalition Komeito official says hard to raise sales tax as scheduled | Reuters

TOKYO (Reuters) - A senior official in Komeito, the junior party in Prime Minister Shinzo Abe’s coalition government, said on Friday it would be difficult to press ahead with a plan to raise the nation’s sales tax next year.<p>“I think conditions are severe for (raising the tax) next October,” Isamu …

Starbucks Americas sales disappoint on softer traffic | Reuters

(Reuters) - Starbucks Corp’s early re-launch of its popular Pumpkin Spice latte drink failed to heat up business at its U.S. cafes, disappointing Wall Street and sending the company’s shares down almost 5 percent.<p>Pedestrians walk past a Starbucks store in the Manhattan borough of New York January …

Yen slammed by BoJ easing, falls to near-seven year low | Reuters

NEW YORK (Reuters) - The yen plunged to a near seven-year low against the U.S. dollar on Friday, putting it on track for its worst day in 18 months, after the Bank of Japan shocked financial markets with an aggressive easing of its monetary policy.<p>In addition to the BoJ’s decision to expand its …