Shares in Tokyo Metro, one of the world's busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan's biggest initial public offering in ... ( read original story ...)
Japan’s Takeda raises full-year profit forecast amid restructuring
Takeda raised its full-year operating profit guidance to ¥265 billion from ¥225 billion, citing a stronger than expected first-half performance. ( read original story ...)
Japanese nuclear reactor restarts 13 years after 2011 earthquake, tsunami
Onagawa's reactor is number 13 out of 33 total reactors set to be brought back online since the natural disaster in 2011. ( read original story ...)
Up to ¥19,000 eyed to cover Tokyo hotel costs for government workers
The current system will be replaced in April by the new one, which will cover the actual cost of a hotel, with a cap set at ¥19,000 for hotels in Tokyo and at ¥13,000 for those in Osaka Prefecture. ( read original story ...)
Japan’s Takeda returns to Q2 profit as drugmaker recovers from impairments
Japan's Takeda Pharmaceutical returned to profitability in the second quarter following large impairment losses a year earlier and is restructuring to cut costs. ( read original story ...)
Worries for Japan economy after election shock
Political uncertainty after Japan's election shock risks slowing economic reforms, pushing up government spending and even holding up the Bank of Japan's exit from its outlier monetary policy, ... ( read original story ...)
Tokyo Gas H1 profit fall 84% on lower gas prices, announces share buyback
Tokyo Gas, Japan's biggest city gas provider, on Wednesday posted 17.2 billion yen ($112 million) in first-half net profit to end-September, down 84 per cent from the same period a year earlier, hit ... ( read original story ...)
What next after Japan’s political earthquake?
Political upheaval in Japan as its snap elections see the ruling party lose its majority, reshaping its ties with the US and Asia. Read more at straitstimes.com. ( read original story ...)
Tokyo Gas H1 profit falls 84% on lower gas prices, announces share buyback
Tokyo Gas, Japan's biggest city gas provider, on Wednesday posted 17.2 billion yen ($112 million) in first-half net profit to end-September, down 84 per cent from the same period a year earlier, hit ... ( read original story ...)
Japan economic panel calls for early start of talks on raising minimum wages
The LDP's wage-hike pledges have already sparked a backlash from businesses. The chief of Japan's main business federation, Keidanren, said the pace of wage hikes needed to hit the LDP's goal may be ... ( read original story ...)
Japan Restarts Nuclear Reactor 13 Years After Massive Earthquake
Japan has restarted a nuclear reactor at the Onagawa plant after a massive 2011 earthquake and tsunami led to damage at nearby Fukushima nuclear power plant. The No. 2 reactor was put back online Tuesday and is expected to start generating power in early November, ( read original story ...)
Onagawa nuclear plant’s restart sparks concerns over evacuation routes
Residents, particularly those of islands close to the newly restarted plant, lament the limited options for escaping a disaster. ( read original story ...)
Mitsubishi Electric to Strengthen Production Facilities for Energy System Business in U.S. and Japan
Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its U.S. subsidiary Mitsubishi Electric Power Products, Inc., headquartered in Pitt ... ( read original story ...)
Asia: Japan boosts stocks, gold hits record
JAPANESE stocks gained, while most other markets in Asia fell amid caution ahead of next week’s US election and the Federal Reserve’s rate decision. Read more at The Business Times. ( read original story ...)
Japan’s 2011 disaster-hit region sees reactor restart for 1st time
A nuclear reactor resumed operation Tuesday for the first time in northeastern Japan since the region was affected by the 2011 earth ( read original story ...)
Japan’s No. 2 Pension Fund Aims to Double Alternative Assets
Japan’s second-biggest pension fund aims to double its holdings of alternative assets such as real estate and private equity to boost returns. ( read original story ...)