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Nippon Life CIO: 'Goldilocks' scenario near end, plans to sell stocks into rally

TOKYO Nippon Life Insurance Co [NPNLI.UL] is likely to sell Japanese shares when they rise further, as the rally in risk assets driven by expectations of a "Goldilocks" scenario continuing is nearing an end, its chief investment officer told Reuters on Thursday.

Recent Japan News

Oil from sunken Iran tanker reached Japan shores - Coast Guard

TOKYO Oil that reached islands in southern Japan earlier this month is highly likely to have come from the sunken Iranian tanker Sanchi, the Japan Coast Guard said on Thursday.

World, 12:37pm IST

BRIEF- Japan Logistics Fund to acquire properties for 6.95 bln yen

* Says it plans to acquire three real estates for 6.95 billion yen in total

12:07pm IST

BRIEF-Japan Food & Liquor Alliance announces merger between units

* Says the company's wholly owned Tokyo-based subsidiary ARCANE LIMITED will merge with the company's wholly owned Nagasaki-based subsidiary IMEX Co.Ltd

12:00pm IST

Nikkei falls on U.S. rates speculation; Ricoh tumbles

TOKYO, Feb 22 Japan's Nikkei share average fell on Thursday on across-the-board selling after U.S. shares dropped overnight on speculation about faster interest rate hikes, while Ricoh stumbled after a media report said it was considering an impairment charge.

Regulatory News, 11:58am IST

Japan PM's adviser says BOJ should consider buying foreign bonds

TOKYO The Bank of Japan should consider buying foreign bonds as part of efforts to reflate the economy during Governor Haruhiko Kuroda's second term at the central bank helm, an economic adviser to Prime Minister Shinzo Abe said.

11:48am IST