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Bank of class="mandelbrot_refrag"> Japan Governor Haruhiko Kuroda said the central bank still has policy options left if it were to ease monetary policy further to fend off risks that may threaten the achievement of its price target. _0"> Kuroda repeated his view that the world's third-largest class="mandelbrot_refrag"> economy is making steady progress toward meeting the BOJ's 2 percent price target, with core consumer inflation having reached 1.3 percent for four straight months in March. "But we are ready to adjust policy, be it further monetary easing or something else, if changes in economic and financial developments derail the path toward meeting the price target," he said in an interview with the class="mandelbrot_refrag"> Nikkei class="mandelbrot_refrag"> business daily published on Saturday.   true       Kuroda said the BOJ will not ease incrementally in response to temporary fluctuatio

Whatever investors are worried about right now, those concerns are not showing up in Wall Street's fear gauge. That scares some. On the other hand, it more than likely means that class="mandelbrot_refrag"> stocks will keep taking things slow and steady. The class="mandelbrot_refrag"> CBOE Volatility Index .VIX, or VIX, closed on Friday at 11.36, its lowest level since March 2013. That means investors see less risk ahead, particularly with the class="mandelbrot_refrag"> S&P 500 .SPX ending at a record high again on Friday. With the typically slow summer months just ahead and little on the horizon to shake the market from its current course, investors could be looking at even lower VIX levels, some analysts said.   true       "It's not that there's no likelihood of a correction. It's that people don't perceive anything to derail the train at this point," said Andrew Wilkinson, chief market analyst at cl

Upscale department store operator class="mandelbrot_refrag"> Nordstrom Inc ( id="symbol_JWN.N_0"> JWN.N ) is reaching out to potential buyers for its store-branded credit cards, Bloomberg reported on Friday, citing sources familiar with the matter. _0"> Nordstrom has approached class="mandelbrot_refrag"> Citigroup Inc ( id="symbol_C.N C.N ), class="mandelbrot_refrag"> JPMorgan Chase & Co ( id="symbol_JPM.N JPM.N ), class="mandelbrot_refrag"> Capital One Financial Corp ( id="symbol_COF.N COF.N ) and Toronto-Dominion Bank ( id="symbol_TD.TO TD.TO ), among other companies to test interest in its credit cards, the report said. _1"> The company, which has yet to set a date to solicit initial offers, is informally approaching buyers for the portfolio, Bloomberg said, citing one of the sources.   true       _2"> Nordstrom plans to reach out to other top issuers of cred

Wall Street class="mandelbrot_refrag"> banks , big metal merchants and the London Metal Exchange face a lawsuit alleging they have artificially inflated zinc prices, expanding a high-profile legal case that has until now centered on the larger class="mandelbrot_refrag"> aluminum market. In a filing on Friday, Duncan Galvanizing, one of the oldest galvanizers in the United States, accused class="mandelbrot_refrag"> Goldman Sachs Group Inc ( id="symbol_GS.N_0"> GS.N ), class="mandelbrot_refrag"> JPMorgan Chase & Co ( id="symbol_JPM.N_1"> JPM.N ), the LME and metal warehouse operators of conspiring since 2010 to manipulate the U.S. zinc price. The suit, registered in the Southern District of New York, is the first to include allegations over the impact of warehousing on the smaller, niche zinc market. Zinc is used to coat class="mandelbrot_refrag"> steel to protect against corrosion

class="mandelbrot_refrag"> Euro zone class="mandelbrot_refrag"> banks need to be strong enough to support a pick up in credit demand to keep the euro zone recovery going, European Central Bank Executive Board member Yves Mersch said on Saturday. _0"> Tougher regulatory standards and a stronger sense of risk-aversion in the wake of the financial crisis have led class="mandelbrot_refrag"> banks to scale back lending and raised interest rates on loans. That has made it more difficult for companies, especially smaller and medium-sized ones, to obtain credit to fund expansion or growth.   true       Mersch said the class="mandelbrot_refrag"> euro zone had started to recover and was reaching a point where companies could no longer rely on their own funds but were increasingly in need of external funding to keep growing. "We are seeing tentative signs from survey data that credit demand in the euro area is starting

Deutsche Post ( id="symbol_DPWGn.DE_0"> DPWGn.DE ) is aiming for a top spot in the global logistics market for online shopping, its chief executive told a German weekly, adding small acquisitions could help achieve this. _0"> "Indeed, we want to be a global leader in logistics services for the e-commerce sector. In class="mandelbrot_refrag"> Germany , we're the number one already," Frank Appel told Euro am Sonntag in an interview published on Saturday. Deutsche Post, the world's biggest postal and logistics group, is best known internationally for its DHL parcel delivery class="mandelbrot_refrag"> business but it is keen to win more work from the global boom in online shopping.   true       E-commerce is expanding rapidly, with online class="mandelbrot_refrag"> retail sales in Europe seen doubling from 2012 levels to around 323 billion euros ($440 billion) by 2018, market research firm Mintel foreca

Russia's President Vladimir Putin said on Saturday a route to supply gas to class="mandelbrot_refrag"> China via western Siberia may be implemented faster than the eastern route, through which Moscow has agreed to ship the fuel to its Asian neighbor. _0"> Moscow and Beijing clinched a $400 billion gas deal this week after years of talks, which will help class="mandelbrot_refrag"> Russia to diversify gas supplies away from Europe, its main export market. "The second project, if Chinese partners are positive towards it, may be implemented even faster than the eastern one," Putin said on Saturday.   true       State-run Gazprom ( id="symbol_GAZP.MM_0"> GAZP.MM ) has yet to build a pipeline to carry 38 billion class="mandelbrot_refrag"> cubic meters of gas annually to class="mandelbrot_refrag"> China from 2018 through East Siberia. Russia and China have agreed a $25 billion prepayment under