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Month: December 2024

Posted on 02/12/2024

Tokyo stocks rise as financial issues gain on BOJ rate hike bets

Tokyo stocks ended higher Monday, as financial issues gained on bets the Bank of Japan could hike interest rates soon, while the mark ... ( read original story ...)

Posted on 02/12/2024

Bain-backed Kioxia sets price range for December IPO

Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering, a filing showed on Monday. The price range, ...

Posted on 02/12/2024

Japanese bank Resona says inflation is boosting SME loan demand, pay hikes

The return of inflation in Japan is pushing up loan demand from the country's small and midsize firms for capital investment and digitalisation, the chief executive of Japanese lender Resona Holdings ...

Posted on 02/12/2024

Homeless people evicted from encampment at Osaka ‘symbol’

OSAKA—An eviction order was carried out in Osaka’s Kamagasaki district, the largest town for day laborers in Japan, eliciting angry cries of protests and desperate expressions of helplessness. ( read original story ...)

Posted on 02/12/2024

Bear killed after 2-day rampage through northeast Japan supermarket

AKITA, Japan (Kyodo) -- A bear was trapped and killed Monday after a two-day stay in a northeastern Japan supermarket, police said, ending an incident in which the animal attacked a male employee and ...

Posted on 02/12/2024

Japan’s 2-year bond yield hits 16-year high on BOJ rate hike bets

TOKYO - Japan's two-year government bond yield hit a 16-year high on Monday as comments from the Bank of Japan's governor drove bets for the central bank to hike interest rates as soon as this month.

Posted on 02/12/2024

Japanese man says he broke into 1,000 homes: ‘it’s a hobby of mine’

A man, who was recently arrested for trespassing on a property in a city in Japan’s Kyushu, has said he has broken into more than 1,000 homes. ( read original story ...)

Posted on 02/12/2024

Japan Manufacturing PMI declines to 49.0 in November, confirmed at 8-month low

The au Jibun Bank Japan Manufacturing PMI declined to 49.0 in November 2024, marking the lowest figure since March, after a final 49.2 in October, matching the preliminary estimates, marking the fifth ...

Posted on 02/12/2024

Homeless people forcibly removed from closed center for day laborers in Osaka

The Osaka District Court on Dec. 1 went ahead with the forced removal of homeless people living on the grounds of a closed support facility f ... ( read original story ...)

Posted on 02/12/2024

Excavated Jomon era ruins near Tokyo opened to visitors

Hundreds of people have gathered at an archaeological site in Kanagawa Prefecture near Tokyo to see the ruins of an ancient settlement dating back thousands of years. ( read original story ...)

Posted on 02/12/2024

Osaka eviction of homeless from former welfare center sparks protest

Protesters clashed with police in defense of the homeless individuals, who they say are day laborers who contributed to building the city. ( read original story ...)

Posted on 02/12/2024

Japan’s Q3 capex accelerates, firms case for more rate hikes

Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling solid domestic demand was underpinning the country's fragile economic recovery and strengthening the ... ( read original story ...)

Posted on 02/12/2024

CVC-Backed FineToday Postpones IPO Citing Market Conditions

Japanese personal-care business FineToday Holdings Co. said it will postpone its planned Dec. 17 listing, citing market conditions.

Posted on 02/12/2024

Japan’s Q3 corporate capex accelerates, strengthens case for further rate hikes

By Makiko Yamazaki TOKYO (Reuters) -Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling that solid domestic demand was underpinning the country's fragile ...

Posted on 02/12/2024

Kioxia’s IPO set to reshape memory industry

Japanese NAND manufacturer Kioxia has secured approval for its initial public offering (IPO) on the Tokyo Stock Exchange, scheduled for 18. South Korean SK Hynix may acquire shares in Kioxia, ...

Posted on 02/12/2024

Japan’s factory activity falls at fastest pace in 8 months, PMI shows

Japan's factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to trim production, a private-sector survey showed on Monday. The final au Jibun Bank ... ( read original story ...)

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