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Month: October 2020

Posted on 12/10/2020

Japan’s Kioxia shelves $3.2 billion IPO due to US restrictions on Huawei

Kioxia Holdings Corp shelved plans to list on the Tokyo Stock Exchange on Oct. 6 and offer up to $3.2 billion in shares due to tighter US restrictions on Huawei Technologies Co Ltd that could result ... ( read original story ...)

Posted on 12/10/2020

Japan schools’ anti-tsunami measures reaching nat’l standards after high court ruling

... Municipal Okawa Elementary School -- where 74 students died as a result of tsunami in the March 2011 Great East Japan Earthquake -- had failed in its duty to set evacuation routes and destinations ... ( read original story ...)

Posted on 12/10/2020

Campaigning starts for 2nd referendum on Osaka metropolis plan

Campaigning began Monday for a Nov 1 referendum on whether Osaka should become a metropolis akin to Tokyo in 2025. Some 2.24 million voters in the city are eligible to take part in what will be a ... ( read original story ...)

Posted on 12/10/2020

Japan stocks end lower on profit taking as investors await earnings

Japanese stocks fell on Monday as concerns about upcoming corporate earnings reports prompted some investors to take profits, with industrial and consumer discretionary sectors leading the decline. ( read original story ...)

Posted on 12/10/2020

Japan vows to boost missile defense after North Korea parade

Japan vowed Monday to bolster its missile deterrence capability to respond to threats by North Korean weapons that are becoming “more diverse and complex,” as displayed ... ( read original story ...)

Posted on 12/10/2020

Japan machinery orders extend gains in August as business spending stabilizes

The modest increase in core orders was a welcome sign of strength for the economy, although companies are still struggling from impacts to their corporate earnings. ( read original story ...)

Posted on 12/10/2020

Second referendum on Osaka Metropolis plan announced for Nov. 1

A second referendum to decide whether voters in this western Japan city wish to dispense with its city status and instead be governed as four ... ( read original story ...)

Posted on 12/10/2020

The Underground ‘Parthenon’ Protecting Tokyo From Floods

It has been called Japan's underground "Parthenon", a cavernous complex charged with protecting Tokyo and surrounding areas from catastrophic flooding -- a risk experts warn is growing as climate ... ( read original story ...)

Posted on 12/10/2020

Japan September wholesale prices slump, heightening deflation risk

Japanese wholesale prices fell 0.8% in September from the same month a year earlier, data showed on Monday, marking the seventh straight month of year-on-year declines and heightening the risk the ... ( read original story ...)

Posted on 12/10/2020

Japan shares fall on profit taking as investors eye earnings

Japanese stocks fell on Monday as concerns about upcoming corporate earnings reports prompted some investors to take profits, with industrial and consumer discretionary sectors leading the decline. ( read original story ...)

Posted on 12/10/2020

Japan bank lending slows as easing pandemic sees big firms pay back loans

TOKYO, Oct 12 - Japanese bank lending rose at a slower annual pace in September than the previous month as corporate funding strains caused by the pandemic eased mainly among big borrowers, central ... ( read original story ...)

Posted on 12/10/2020

5.1-magnitude quake hits Izu Islands, Japan region — USGS

An earthquake with a magnitude of 5.1 jolted Izu Islands, Japan region at 00:28:31 GMT on Monday, the U.S. Geological Survey (USGS) said. The epicenter, with a depth of 407.24 km, was initially ... ( read original story ...)

Posted on 12/10/2020

Tokyo stocks fall slightly in morning on strong yen

Tokyo stocks dropped slightly Monday morning as investor sentiment was hit by the yen's firmness against the U.S. dollar and uncertai ... ( read original story ...)

Posted on 12/10/2020

Japan’s machinery orders extend gains as business spending stabilises

Japan's core machinery orders unexpectedly rose in August, extending gains and highlighting resilience in capital spending even as the economy remains under pressure from the coronavirus pandemic. ( read original story ...)

Posted on 12/10/2020

Japan’s Aug machinery orders rise for second straight month

Japan's core machinery orders unexpectedly rose in August from the previous month, posting a second straight month of gains and highlighting resilience in capital spending even as the economy remains ... ( read original story ...)

Posted on 12/10/2020

Jammy investors: is Hong Kong property feeling Japan’s doughnut effect?

The Japanese condominium market, particularly in central Tokyo, has been on a tear over the last seven years, driven by three important factors: "Young professionals seeking convenience. Commuting is ... ( read original story ...)

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