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Doan scored the fifth four minutes from time with a cool finish as the Japanese made light work of their visitors. Australia were also untroubled as they completed a 7-0 demolition of Bangladesh in Group I with Jamie Maclaren stepping off the bench to score a second half hat-trick. Maclaren did all the damage in the second half, scoring from a Jordan Bos cross shortly after the restart before pouncing again in the 70th when a Massimo Luongo shot pinged off goalkeeper Mitul Marma. The South Koreans, meanwhile, scored four times in the second half to hand Singapore a 5-0 defeat at Seoul World Cup Stadium, with captain Son Heung-min among the scorers. Cho Gue-sung put Juergen Klinsmann's team in front a minute before the halftime break and Hwang Hee-chan added the second four minutes into the second half.
Persons: Japan's Ayase Ueda, Hajime Moriyasu, Ueda, Takumi Minamino's lofted, Daichi Kamada, dink, Doan, Jamie Maclaren, Mitchell Duke, Harry Souttar, Brandon Borrello, Duke, Maclaren, Jordan Bos, pouncing, Massimo Luongo, pinged, Mitul Marma, Lewis Miller, Son Heung, Cho Gue, Juergen, Hwang Hee, Hwang Ui, Lee Kang, Michael Church, Ian Ransom, Ken Ferris Organizations: Myanmar, Suita, 183rd, Melbourne, South, Seoul, Thomson Locations: OSAKA, Japan, South Korea, Australia, Syria, Jeddah, Osaka, Myanmar, Bangladesh, Singapore, Korea
Nomura's dominant position in Japan, where the stock market is trading at 33-year highs, helped it offset lethargic dealmaking and sluggish trading overseas. July-September profit came in at 35.2 billion yen ($235 million), rebounding from last year when a sharp downturn in global financial markets battered its asset management and investment banking businesses. This year, Japanese firms have been increasingly willing to embark on fundraising - either via equity or debt markets. As a result, Nomura's investment banking business saw a 19% increase in net revenue due to robust equity offerings and active dealmaking in Japan. "Encouraged by the strong stock market, Japanese companies are becoming more proactive in making investments for growth," Chief Financial Officer Takumi Kitamura told a media briefing.
Persons: Toru Hanai, Takumi Kitamura, LSEG, Makiko Yamazaki, Jamie Freed, Edwina Gibbs Organizations: Nomura Securities, REUTERS, Rights, Nomura Holdings, U.S . Federal Reserve, Thomson Locations: Tokyo, Japan
Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?
Persons: Sarah Rachul, I'm, Rachul, Orlando —, , Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood
Only one of 22 economists, or 5%, expected the BOJ to start unwinding its ultra-easy policy this year, the Aug 15-23 poll found, significantly down from 50% in a July survey. Four said the BOJ will start unwinding in January-March 2024, five chose April-June, six selected July-September and another six opted for October-December. A separate question showed 73% of economists expecting the BOJ to end YCC next year, up from 50% in July. A question about when the BOJ ends its negative short-term interest rate policy showed 41% of economists anticipating it in 2024, down from 54% in a May poll. Economists raised their projection for Japan's fiscal 2023 GDP growth to 1.8% from 1.1% in the previous poll.
Persons: Issei Kato, Takumi Tsunoda, YCC, Kazuo, Ueda, Hiroshi Namioka, Kantaro Komiya, Satoshi Sugiyama, Susobhan Sarkar, Shri Navaratnam Organizations: Bank of Japan, REUTERS, Rights, Shinkin Central Bank Research Institute, D, Management, U.S, Thomson Locations: Tokyo, Japan
Tokyo, Japan CNN —Evacuation warnings have been issued to more than 237,000 people across 11 prefectures in Japan as Typhoon Lan hit the west of the country on Tuesday, according to Japan’s Fire and Disaster Management Agency. At least 26 people have been injured in five prefectures across western Japan, according to Japan’s public broadcaster NHK, citing police and fire officials. In two towns in Tottori and Okayama prefectures, rainfall over a few hours on Tuesday exceeded the average for the entire month of August. A swollen river as Typhoon Lan makes landfall in Shingu City, Wakayama Prefecture on Tuesday. Typhoon Lan follows Typhoon Khanun, which lashed southwestern Japan with wind and rain earlier this month.
Persons: Typhoon Lan, Lan, Takumi Harada, Koji Ito, Khanun Organizations: Japan CNN, Disaster Management Agency, NHK, Japan Meteorological Agency, Yomiuri Shimbun, Japan’s Ministry of Land, Infrastructure, Tourism, CNN, Japan Airlines, All Nippon Airlines, ANA Locations: Tokyo, Japan, Shionomisaki, Japan’s Wakayama, Tottori, Okayama, Shingu City, Wakayama Prefecture, Nagoya City, Aichi Prefecture, Kansai, Chubu, Nagoya
Japan’s Q2 GDP grows fastest in more than two yearsMarcel Thieliant, head of Asia-Pacific at Capital Economics, said the export-driven momentum in growth is unlikely to be sustained. Exports expanded 3.2% in the second quarter led by car exports and inbound tourism, while capital expenditure was flat. Strong U.S. and European demand has also supported exports while the post-COVID boom in foreign tourists has given the economy a much-needed tailwind. That boost in external demand, or net exports, added 1.8 percentage points to second quarter growth. It doesn't mean a strong recovery in Japanese economy," said Takumi Tsunoda, senior economist at Shinkin Central Bank Research Institute.
Persons: Kim Kyung, Marcel Thieliant, Thieliant, Takumi Tsunoda, Shigeyuki Goto, Goto, Tetsushi Kajimoto, Pasit Kongkunakornkul, Sam Holmes Organizations: REUTERS, TOKYO, Capital Economics, Private, U.S, Shinkin Central Bank Research Institute, The Bank of Japan, Thomson Locations: Tokyo, Japan, Asia, China
Japan’s economic growth beats forecasts as exports zoom
  + stars: | 2023-08-14 | by ( ) edition.cnn.com   time to read: +3 min
While the headline GDP data provides some relief to policymakers seeking to balance economic growth with sustainable inflation, it masks underlying weakness in the household sector. Marcel Thieliant, head of Asia-Pacific at Capital Economics, said the export-driven momentum in growth is unlikely to be sustained. Exports expanded 3.2% in the second quarter led by car exports and inbound tourism, while capital expenditure was flat. Strong US and European demand has also supported exports while the post-COVID boom in foreign tourists has given the economy a much-needed tailwind. That boost in external demand, or net exports, added 1.8 percentage points to second quarter growth.
Persons: Marcel Thieliant, ” Thieliant, , Takumi Tsunoda, Shigeyuki Goto, ” Goto Organizations: Tokyo Reuters, Capital Economics, Private, Shinkin Central Bank Research Institute, The Bank of Japan Locations: Tokyo, Asia, China
"We had a market tailwind," Chief Financial Officer Takumi Kitamura told a media briefing. Nomura's April-June profit came in at 23.33 billion yen ($163.42 million) versus 1.696 billion yen a year earlier, when fears of slowing global economic growth hit financial markets and forced investment portfolio writedowns at the Japanese firm. In contrast to the strong gains at the retail business, Nomura's wholesale division, which houses its investment banking and trading businesses, posted a pretax profit of just 2.1 billion yen, down sharply from 25.3 billion yen a year earlier. The Bank of Japan's relaxation of its cap on bond yields last week could also be "a major tailwind" to its business, as it is likely to increase market volatility, he said. ($1 = 142.7600 yen)Reporting by Makiko Yamazaki; Editing by Himani Sarkar and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Takumi Kitamura, Nomura's, Kentaro Okuda, Kitamura, Makiko Yamazaki, Himani Sarkar, Mark Potter Organizations: Nomura Holdings Inc, of, Energy, NTT Group, Thomson Locations: TOKYO
[1/5] Almond tofu with beetle larvae is pictured at Take-Noko cafe in Tokyo, Japan, July 21, 2023. REUTERS/Kim Kyung-HoonTOKYO, July 26 (Reuters) - On a recent vacation in Tokyo, Takumi Yamamoto opted for a special lunch of cricket curry and silkworm sashimi, washed down with a water bug cider. In particular, the water bug cider was quite refreshing and delicious, like a green apple." While some consumers think eating insects is just gross, Japan has a rich culinary history of insects as food. The delicate "sashimi" is the left-over casing of silkworms, and the cider is infused with water bug extract and topped with a whole insect, said to taste like shrimp.
Persons: Kim Kyung, Hoon, Takumi Yamamoto, Yamamoto, Entomophagy, Michiko Miura, Miura, Takeo Saito, Saito, Rocky Swift, Tom Bateman, Miral Organizations: REUTERS, United, Grasshoppers, Nippon Telegraph, Telephone, Takeo, Thomson Locations: Tokyo, Japan, Hoon TOKYO, Hyogo, United Nations, silkworms, Pasco
Global financial markets have been closely watching Japan's wage data, as Bank of Japan Governor Kazuo Ueda regards pay growth as a key gauge to consider in deliberations about a shift in policy. Regular wages rose 1.8% in May from a year before, labour ministry data showed, the biggest gain since February 1995. The strong base pay growth boosted worker's total cash earnings, or nominal wages, by 2.5% in May, after a revised 0.8% increase logged in April. Still, real wages contracted 1.2% in May, the 14th consecutive month of year-on-year declines, as relentless consumer inflation outstrips nominal pay growth and squeezes households' buying power. On a seasonally adjusted month-on-month basis, household spending was down 1.1%, versus an estimated 0.5% gain to mark a fourth month of decline.
Persons: Kazuo Ueda, Kuroda, Hisashi Yamada, Rengo, Takumi Tsunoda, Shinichi Uchida, Taro Saito, Satoshi Sugiyama, Kantaro, Tetsushi Kajimoto, Sam Holmes Organizations: Global, Bank of Japan, Hosei University, Shinkin Central Bank Research, Nikkei, BOJ's, NLI Research, Thomson Locations: TOKYO
Japan upgrades Q1 GDP as business spending picks up
  + stars: | 2023-06-08 | by ( Kantaro Komiya | ) www.reuters.com   time to read: +3 min
Japan Q1 GDP growth upgradedHowever, with much of the revised January-March growth driven by inventories, rather than final demand, Tsunoda warned the recovery so far may not be as robust as headline figures suggest. The revised data showed GDP rose 0.4% in October-December, following a 1.5% contraction in July-September. Capital spending rose 1.4%, upgraded from 0.9% and roughly in line with Ministry of Finance data last week that showed manufacturers' business spending grew at the fastest rate since 2015. While consumption growth was downgraded on fresh services-sector statistics, "the broader picture is unchanged that spending on services such as restaurants and hotels contributed positively" to the January-March GDP expansion, the official added. Domestic demand as a whole contributed 1.0 percentage point to the revised first-quarter GDP growth, more than initially estimated.
Persons: restocking, Takumi Tsunoda, Tsunoda, Shinkin's Tsunoda, Kantaro, Pasit Kongkunakornkul, Sam Holmes Organizations: TOKYO, Bank of Japan, Shinkin Central Bank Research Institute, Japan, of Finance, Thomson
But some travelers aren't thrilled about what it takes to pull off a trip to Walt Disney World these days. He said he goes to Disney World about "once a month." They will leave thinking food at Disney World is a "cheeseburger and a hot dog … which could not be farther from the truth," he said. Walt Disney World comprises four theme parks, two water parks and dozens of themed hotels, plus a shopping and entertainment area called Disney Springs. He called Disney World an "amazing spa destination" and said Disney Springs, formerly known as Downtown Disney, has shopping, live music and fantastic restaurants.
While factory output rebounded in February, some analysts warn of mounting downside risks as slumping global demand for technology goods hits the country's exports. Inflation will probably stay elevated at least during the first half of this year," said Yoshiki Shike, chief economist at Dai-ichi Life Research Institute. Separately, factory output rose 4.5% in February from January, better than a forecast 2.7% gain and rebounding from a revised 5.3% drop in January, on easing supply bottlenecks for carmakers. "There's a bigger risk of a downgrade in manufacturers' output plans due to weaknesses in the information-technology (IT) sector. Global demand is shifting away from goods towards services, which is bad news for Japan's export-reliant economy," Shinke of Dai-ichi Life Research said.
TOKYO, Feb 1 (Reuters) - Nomura Holdings Inc (8604.T), Japan's biggest brokerage and investment bank, reported an 11% rise in quarterly net profit on Wednesday, as a partial stake sale in an affiliate offset a slump in investment banking. Nomura's wholesale division, which houses its investment banking and trading businesses, logged a pretax loss of 1.9 billion yen ($14.58 million), its first loss since the April-June quarter of 2021. read moreEven as Nomura's investment banking business was underpinned by relatively solid dealmaking activity in Japan, it confirmed layoffs of bankers in Europe and Asia. Kitamura said the company would stick to its strategy of beefing up its investment banking business, however. ($1 = 130.3400 yen)Reporting by Makiko Yamazaki; Editing by Muralikumar Anantharaman, Subhranshu Sahu and Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Tidying guru Marie Kondo says she's done with constantly keeping her house neat. Kondo said after three kids, she's "kind of given up" on constantly tidying up, per The Washington Post. "I have kind of given up on that in a good way for me. Her book, "The Life-Changing Magic of Tidying Up," topped the New York Times Best Seller list in 2014. Her book also sparked a Netflix special, "Tidying Up," which gave people tips on how to keep their living spaces neat.
Yet the small companies that provide most of Japan's jobs generally can't increase pay, business owners, economists and officials say. Battered by the pandemic, small firms now struggle to pass on higher costs out of fear of losing customers. They feel they have no choice but to put up with impossible demands from big companies." The trend is most apparent in industries with many small suppliers. The fair trade watchdog last month named 13 big companies it said refused to accept higher prices from suppliers.
Of the 24 economists who replied to the Jan 5-12 poll, 16, or 67%, chose Amamiya as the most likely candidate to become the next BOJ governor. Four economists in the poll, or 17%, chose Nakaso, who is seen less dovish than Amamiya, as the most likely candidate. In a September poll that asked the same question, Amamiya and Nakaso received 61% and 33% of economists' votes, respectively. Five analysts expected the unwinding of easing to start in April, at the first BOJ meeting under the new governor. Elsewhere in the poll, 83% of economists said Japanese nominal wages were unlikely to outpace rising consumer prices in 2023.
Bank of Japan makes surprise policy tweak
  + stars: | 2022-12-20 | by ( ) www.reuters.com   time to read: +8 min
ATUSHI TAKEDA, CHIEF ECONOMIST, ITOCHU ECONOMIC RESEARCH, TOKYO:"Today's move reflects the BOJ's determination not to alter its yield cure control policy. CAROL KONG, CURRENCY STRATEGIST, COMMONWEALTH BANK OF AUSTRALIA, SYDNEY:"I think the move was certainly unexpected, to say the least. MOH SIONG SIM, CURRENCY STRATEGIST, BANK OF SINGAPORE:"They've widened the band, and I guess that came earlier than expected. CHRISTOPHER WONG, CURRENCY STRATEGIST, OCBC, SINGAPORE:"The timing of the policy tweak is a surprise, though we have been expecting the move to come in 2Q 2023. "The tweak may seem modest but is significant for a central bank that has held dovish for a long time.
That moment is known in Japan as "the agony of Doha" and remains one of the country's biggest soccer setbacks. Despite missing their goal of a last eight finish, he said his team showed a new era of Japanese soccer had begun. "We couldn't break the barrier towards the final eight, but the players were able to show a new generation of Japanese soccer," he said. "We beat Germany and Spain - World Cup champions. We should be confident in our ability and if we aim not just to catch up to but to surpass, I think there will be a different future ahead for Japanese soccer."
Three times in the knockout rounds in Russia four years ago the Croatians came from behind to advance after extra time before losing to France in the final. They once again showed their resilience and patience by coming from a goal down to tame a lively Japan team who had beaten Germany and Spain in the group stage. The game was more open than anyone had reason to expect, with Croatia ratcheting up the physicality to gradually take control of midfield and Japan trying to hit them on the break. That brought Japan out of their shells and Wataru Endo was soon firing in a long-range effort which Livakovic tipped over the bar. Japan kept their nerve throughout the match but they crumbled in the penalty shootout as Nikola Vlasic and Marcelo Brozovic put Croatia 2-1 ahead before Pasalic sealed the deal for Croatia.
[1/8] Soccer Football - FIFA World Cup Qatar 2022 - Round of 16 - Japan v Croatia - Al Janoub Stadium, Al Wakrah, Qatar - December 5, 2022 Croatia's Dominik Livakovic saves a penalty from Japan's Takumi Minamino during the shootout REUTERS/Lee SmithAL WAKRAH, Qatar, Dec 5 (Reuters) - Croatia goalkeeper Dominic Livakovic saved penalties from Takumi Minamino, Kaoru Mitoma and Maya Yoshida before Mario Pasalic netted the winning spot-kick in their 3-1 shootout win over Japan on Monday to reach the World Cup quarter-finals. With the scores deadlocked at 1-1 after an absorbing 90 minutes, Japan's Kaoru Mitoma went closest in the scrappy half-hour of extra time, forcing Livakovic to parry away his powerful drive. Croatia forward Ivan Perisic, who was denied by Japan goalkeeper Shuichi Gonda in the opening minutes, pulled them level 10 minutes into the second half after meeting Dejan Lovren's cross with a powerful header. Croatia will face either Brazil or South Korea in the quarter-finals. Reporting by Hritika Sharma, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.
CNN —Goalkeeper Dominik Livaković made himself a national hero as Croatia beat Japan on penalties 1-1 (3-1) to reach the World Cup quarterfinals. Marko Djurica/ReutersJapan’s heartbreakDespite its defeat, Japan can look back at an impressive World Cup campaign. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Mbappé was one of the leading stars of the team's World Cup triumph four years ago. He also became just the third goalkeeper to save three penalties in a single World Cup shootout.
Twenty-four of 26 economists in the Nov 15-25 poll said the BOJ's next action, if any, would be "unwinding its ultra-easy monetary policy". Widely known as the policy accord, it requires the central bank to achieve its 2% inflation target "at the earliest date possible." Among those who wanted a revision, seven called for more flexibly judging achievement of the inflation target. One BOJ watcher calling for change wanted a lower inflation target, and another said the BOJ's mandate should be enlarged to include targeting employment or wage rises. On Monday, Prime Minister Fumio Kishida rejected the idea of adding wage growth as a new monetary policy goal.
Twenty-four of 26 economists in the Nov 15-25 poll said the BOJ's next action, if any, would be "unwinding its ultra-easy monetary policy". Widely known as the policy accord, it requires the central bank to achieve its 2% inflation target "at the earliest date possible." Among those who wanted a revision, seven called for more flexibly judging achievement of the inflation target. One BOJ watcher calling for change wanted a lower inflation target, and another said the BOJ's mandate should be enlarged to include targeting employment or wage rises. Two economists in the poll said the accord should simply be abolished.
Doan to start for Japan, Costa Rica make two changes
  + stars: | 2022-11-27 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Soccer Football - FIFA World Cup Qatar 2022 - Group E - Japan v Costa Rica - Ahmad Bin Ali Stadium, Al Rayyan, Qatar - November 27, 2022 Japan's Ritsu Doan and Takumi Minamino walk on the pitch before the match REUTERS/Issei KatoDOHA, Nov 27 (Reuters) - Coach Hajime Moriyasu has rewarded Ritsu Doan with a start in Japan's second Group E game against Costa Rica on Sunday after he scored as a substitute in Wednesday's stunning World Cup upset of Germany. Doan's promotion was one of five changes to the starting line-up from the Germany match, with Miki Yamane coming into the defence in place of Hiroki Sakai. Hidemasa Morita, Yuki Soma and Doan come into midfield with Ao Tanaka, Takefusa Kubo and Junya Ito dropping out, while Ayase Ueda will start up front in place of Daizen Maeda. Costa Rica coach Luis Suarez largely kept faith with the team that suffered a humiliating 7-0 loss at the hands of Spain in their group opener. Gerson Torres comes in for Jewisson Bennette in midfield, while Kendall Waston will line-up in a five-man defence in place of Carlos Martinez.
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