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Top related persons:
Marko Djurica - 2 Hiroyuki Ogawa - 2 Ogawa - 2 Takeshi Niinami - 2 Toru Suehiro - 2 Ueda - 2 Toyoaki Nakamura - 2 Seisaku Kameda - 2
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TOKYO Tokyo Beijing Japan United States China
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REUTERS - 2 Japan - 2 Komatsu Ltd - 2 Komatsu - 2 Suntory Holdings - 2 Daiwa Securities - 2 Bank of Japan’s - 1 Japan’s Sompo Holdings - 1

Search resuls for: "Komatsu"


5 mentions found


☆ Analysis-China's economic gloom hangs over Japan's long-awaited recovery
  + stars: | 2023-09-06 | by ( Tetsushi Kajimoto | Leika Kihara | ) www.reuters.com   time to read: +5 min
TOKYO (Reuters) - Policymakers in Tokyo believe China’s deepening economic woes could hit Japan’s fragile recovery, especially if Beijing fails to shore up demand with meaningful stimulus, potentially delaying an exit from ultra-loose monetary policy. China is Japan’s largest trading partner, accounting for 20% of its exports, having replaced the United States in 2020. “Exports to China had already been weak and headwinds to inbound tourism are clearly bad for Japan’s economy,” said Toru Suehiro, chief economist at Daiwa Securities. Firms also promised wage hikes unseen in three decades this year, heightening the case for a retreat from decades of ultra-loose monetary policy. The darkening outlook for Japan’s recovery may push back the timing of a BOJ policy shift.
Persons: Marko Djurica, Kazuo Ueda’s, ”, Hiroyuki Ogawa, Ogawa, Takeshi Niinami, Toru Suehiro, Ueda, Toyoaki Nakamura, “, Seisaku Kameda Organizations: REUTERS, Bank of Japan’s, Reuters, Japan, Komatsu Ltd, Komatsu, Suntory Holdings, Daiwa Securities, Japan’s Sompo Holdings Locations: TOKYO, Tokyo, Beijing, Japan, United States, China
☆ Analysis: China's economic gloom hangs over Japan's long-awaited recovery
  + stars: | 2023-09-06 | by ( Tetsushi Kajimoto Leika Kihara | Tetsushi Kajimoto | Leika Kihara | ) www.reuters.com   time to read: +6 min
In a sign of growing pessimism over China, the government also said its monthly economic report for August that "concern over China's outlook" was among risks to Japan's recovery. "Exports to China had already been weak and headwinds to inbound tourism are clearly bad for Japan's economy," said Toru Suehiro, chief economist at Daiwa Securities. "All in all, it's hard to justify tightening monetary policy any time soon." Firms also promised wage hikes unseen in three decades this year, heightening the case for a retreat from decades of ultra-loose monetary policy. The darkening outlook for Japan's recovery may push back the timing of a BOJ policy shift.
Persons: Marko Djurica, Kazuo Ueda's, Hiroyuki Ogawa, Ogawa, Takeshi Niinami, Toru Suehiro, Ueda, Toyoaki Nakamura, Seisaku Kameda, Tetsushi Kajimoto, Sam Holmes Organizations: REUTERS, Bank of Japan's, Reuters, Japan, Komatsu Ltd, Komatsu, Suntory Holdings, Daiwa Securities, Japan's Sompo Holdings, Thomson Locations: Tokyo, Japan, China, TOKYO, Beijing, United States
☆ Chanel takes glittering, camellia-themed line-up to Paris catwalk
  + stars: | 2023-03-07 | by ( Mimosa Spencer | ) www.reuters.com   time to read: +2 min
[1/2] A model presents a creation by designer Virginie Viard, as part of her Fall-Winter 2023/2024 Women's ready-to-wear collection show, for fashion house Chanel during Paris Fashion Week, in Paris, France March 7, 2023. The entire set was built around towering, white camellia sculptures that faced the audience, seated in steep risers ringing the space, a sprawling exhibition hall south of the Eiffel Tower. Most looks were black and white, paraded by models striding on shiny black platform boots, often with patterned white tights. For the finale, the massive camellia sculptures suddenly glowed red, and slowly shifted between red and a bright pink as models rounded the room. The catwalk presentation was held on the final day of Paris Fashion Week, which drew crowds of celebrities to the French capital, and featured big-name labels including Hermes, Valentino, LVMH-owned (LVMH.PA) Dior and Louis Vuitton, Kering-owned (PRTP.PA) labels Saint Laurent and Balenciaga.
☆ Rising commodities prices could be a tailwind for Caterpillar and these industrial names
  + stars: | 2023-01-13 | by ( Seema Mody | ) www.cnbc.com   time to read: +2 min
The outlook for the global mining industry is strong going into 2023, aided by higher commodity prices, Denise Johnson, group president at Caterpillar , told CNBC. Palladium, copper and gold prices are hitting new highs this week as investors eye China's reopening and anticipate a recovery in demand for these commodities. U.S. industrial names that could get a lift from miners' increased capex spend include Caterpillar and Kennametal , according to Jefferies. International names that may also benefit include Komatsu, Hitachi Construction Machinery, Weir Group, Epiroc and Sandvik, the firm noted. Bank of America analysts upgraded Caterpillar to a buy rating on Friday, citing China's reopening and increased infrastructure spending.
☆ Komatsu CEO: no immediate plan to withdraw from Russia
  + stars: | 2022-12-05 | by ( ) www.reuters.com   time to read: +2 min
Komatsu has a manufacturing plant in Yaroslavl, Russia. But various developments could take place as we go forward," Komatsu Chief Executive Hiroyuki Ogawa told reporters in an online interview. "There may come a time when we will need to decide whether or not to withdraw (from Russia). Russia and other countries in the Commonwealth of Independent States (CIS) accounted for 7% of Komatsu's heavy machinery sales in the year to end-March 2022. "I don't necessarily think demand in the next business year will be good when compared with this year's," Ogawa said.
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