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Month: March 2024

Posted on 14/03/2024

Tokyo stocks break 3-day losing streak on bargain-hunting

Tokyo stocks ended up Thursday, snapping a three-day losing streak as investors picked up recently battered shares, while a rise in o ... ( read original story ...)

Posted on 14/03/2024

Japan high court says not allowing same-sex marriage is unconstitutional, media reports

A Japanese high court ruled that it was "unconstitutional" not to allow same-sex marriage in the country, in a first appeal court ruling on the matter, Japanese media reported on Thursday.Sapporo High ... ( read original story ...)

Posted on 14/03/2024

Japan’s money markets gird for end of negative rates

Speculators betting on a historic monetary policy shift in Japan expect money markets will be upended by potential new deposit rules and are crowding into bets against short-dated bonds. Yields on one ... ( read original story ...)

Posted on 14/03/2024

Japan’s service-sector firms offer biggest pay rise since 2013, union says

Japan's largest industrial union UA Zensen said on Thursday that an average pay rise offered by 231 firms reached the biggest on record since 2013. ( read original story ...)

Posted on 14/03/2024

Citi’s Top Tokyo Banker Predicts Deal Surge After Stagnation

Business sentiment is rising in Japan, and companies have excess cash that shareholders and the government want them to put to work, said Masuo Fukuda, head of investment banking at the US firm in ... ( read original story ...)

Posted on 14/03/2024

Alleged unlicensed taxi driver at Tokyo’s Haneda Airport arrested after fleeing police

A man has been arrested for allegedly running an unlicensed taxi, taking tourists to the Japanese capital's Haneda Airport, police here announced on March 12.According to the Metropolitan Police ... ( read original story ...)

Posted on 14/03/2024

Tokyo stocks mixed as tech weighs, oil prices lift energy shares

Tokyo stocks were mixed Thursday morning, as the market was pressured by weak chip-related shares tracking falls in their U.S. counte ... ( read original story ...)

Posted on 14/03/2024

A Tale of Two Chip Plants: Delayed in U.S., On Time in Japan

The plant, operated by TSMC subsidiary Japan Advanced Semiconductor Manufacturing, is set to start mass production this year on schedule.Across the Pacific in Phoenix, TSMC is also building a ... ( read original story ...)

Posted on 14/03/2024

Japan’s rate shift will hit zombie firms hardest: podcast

The central bank could end an era of negative borrowing costs as early as next week. In this Viewsroom podcast, Breakingviews columnists argue that large companies are ready for the tightening, but ... ( read original story ...)

Posted on 14/03/2024

World’s Largest State Pension, Japan’s GPIF, Poised to Lift Ban on Lending Foreign Stocks

Japan’s Government Pension Investment Fund will announce as early as Friday that it will resume lending foreign stocks, according to people familiar with the matter, four years after its surprise ... ( read original story ...)

Posted on 14/03/2024

Japan’s JIC to Start Tender Offer for JSR on March 19 After Chinese Approval – Bloomberg News

TOKYO (Reuters) - Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp's shares on March 19 after it obtained Chinese regulators' approval ...

Posted on 14/03/2024

A $6 Billion Tender Offer Key to Japan’s Chip Ambitions Is Slated to Begin Next Week

A representative of JSR declined to comment. The privatization of JSR would give Japan more control over the world’s top supplier of photoresists used to make the most advanced semiconductors, helping ...

Posted on 14/03/2024

Asia Stocks Steady; Nikkei Bruised by BOJ Pivot Bets

MSCI's broadest index of Asia-Pacific shares outside Japan was last little changed and strayed not too far from a seven-month peak hit in the previous session, as traders shrugged off ...

Posted on 14/03/2024

Japan’s Nikkei falls as chip-related stocks track US peers lower

Japan's Nikkei share average fell on Thursday, as heavyweight chip-related stocks tracked U.S. peers' declines overnight, while gains in energy shares limited the losses. The Nikkei was down 0.18% at ...

Posted on 14/03/2024

Asian stocks muted before more rate cues; Japan weakness continues

Investing.com-- Most Asian stocks stuck to a tight range on Thursday in anticipation of more cues on U.S. inflation and interest rates, while losses in Japanese markets extended into a fourth straight ...

Posted on 14/03/2024

Courts in Tokyo, Sapporo to rule on same-sex marriage

One of Thursday's rulings will be the first by a high court on this issue. The Sapporo High Court will hand down its decision to three same-sex couples in Hokkaido who are seeking damages from the ... ( read original story ...)

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