KEEPING SCORE: Japan's benchmark Nikkei 225 gained 1 per cent in morning ... markets is President Donald Trump's plan to slash corporate taxes and make other business-friendly changes to U.S. tax laws. Under the administration's plan, the first major ... ( read original story ...)
Celebrating Osaka
Amid the gloom and struggle that Osaka has endured in recent years, a tourism boom has been an unexpected boon for Japan’s gritty second city. The commercial roots and boisterous and friendly people of Osaka and the surrounding Kansai region provide a ... ( read original story ...)
BOJ Suggests Japanese Banks Have Too Many Employees, Branches
“The low profitability of Japanese financial institutions is striking from an international perspective,” the Bank of Japan said in its twice-yearly financial system report. The number of employees and branches “may be in excess relative to demand ... ( read original story ...)
Tokyo’s Nikkei index posts longest-ever winning streak
Tokyo: Tokyo’s Nikkei 225 index on Monday posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan’s pro-business prime minister. The benchmark index rose 1.11%, or 239.01 points ... ( read original story ...)
Typhoon unleashes heavy rain as it approaches Tokyo
Authorities have issued flood and landslide warnings and evacuation advisories to hundreds of thousands of residents in western and central Japan and the Tokyo area ahead of the ... all of them slightly. Kyodo News service reported that a man died in ... ( read original story ...)
Typhoon Lan sweeps across Japan; 2 reported dead
Add Japan as an interest to stay up to date on the latest Japan news, video, and analysis from ABC News. A powerful typhoon caused flooding and landslides along the Pacific coast of Japan, killing at least two people before heading out to sea Monday. ( read original story ...)
Saudi Aramco’s $100 billion IPO is on track for 2018 launch
Exchanges in London and New York are vying for a role in Aramco’s IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. "We will announce the venue in due course," Al-Falih said in London, where he was attending the annual ... ( read original story ...)
Nikkei hits new highs after Japan election
These are external links and will open in a new window Japanese stocks hit their highest level since 1996 on Monday after exit polls indicated Prime Minister Shinzo Abe had won a clear election victory. The Nikkei climbed nearly 1%, extending its recent ... ( read original story ...)
Nikkei rises on Japanese ruling party win, most of Asia up
TOKYO — Asian stocks were mostly higher Monday, with Japan's benchmark rising on the back of an election victory by the prime minister's ruling party, which had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 1 per cent ... ( read original story ...)
Abe on track to win fresh majority as Japan votes
TOKYO -- Prime Minister Shinzo Abe is likely to win a fresh mandate as Japan votes on Sunday in a snap election, according to opinion polls, with a divided opposition and heavy rain helping the incumbent. A Nikkei poll conducted Tuesday through Thursday ... ( read original story ...)
Abe’s election victory pushes Nikkei higher
TOKYO -- The Nikkei 225 average is on track for its longest winning streak ever, pushed along by Prime Minister Shinzo Abe's landslide victory in Japan's lower house election. The 225-issue Nikkei Stock Average rose 248.36 points, or 1.15%, to 21,706 yen ... ( read original story ...)
Abe’s win puts Nikkei on track for record 15th straight rise
TOKYO, Oct 23 (Reuters) - Japan’s Nikkei share average made 21-year highs on Monday and was on course to rise for a record fifteenth straight session, lifted by a weaker yen after Japanese Prime Minister Shinzo Abe’s coalition scored a resounding ... ( read original story ...)
HK global garment supplier Crystal to end IPO drought
The IPO opens on Oct. 23, the lead managers will price the deal on Oct. 26, and the shares will start trading on Nov. 3. Japanese firm Fast Retailing, which owns Uniqlo, will purchase 4.2% of the shares and US fashion retailer L Brands, which owns Victoria ... ( read original story ...)
Abe to push reform of Japan’s pacifist constitution after election win
Kyodo news agency estimated turnout on Sunday — when heavy rain from powerful Typhoon Lan lashed much of Japan — at 53.7 per cent, one point above the record low in the last lower house election in 2014. ( read original story ...)
Saudis said to weigh delay of foreign part of Aramco IPO
London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority, the UK markets regulator, on Friday defended a proposal to change listing rules ... ( read original story ...)
Reliance Nippon Life IPO – First AMC IPO – Should you invest?
Reliance Nippon Life IPO would open for subscription on 25 th October ... Nippon Life Insurance Company (“Nippon Life”) is one of the leading private life insurers in Japan with assets of approximately US$ 577.00 billion, as of March 31, 2017. ( read original story ...)