TOKYO (Reuters) - Japan is moving to adopt a law allowing its octogenarian Emperor Akihito to abdicate but many touchy topics, such as his title and duties, remain to be settled before the monarch can retire in a step unprecedented for two centuries. ( read original story ...)
Restaurant review: Tiradito puts Nikkei cuisine on the Montreal map
Whereas Mezcla was Peruvian-meets-Québécois, Tiradito is a blend of Peruvian and Japanese cuisine. That mix may sound unusual but not so, as it’s a style of cuisine known as “Nikkei” – based on Peruvian ingredients, prepared with Japanese techniques. ( read original story ...)
Tokyo stocks open lower as investors await Trump inauguration
Tokyo stocks opened lower Friday as investors turned cautious ahead of the inauguration of US President-elect Donald Trump. Takata shares were untraded with sell orders overwhelming buying bids as investors sought to dump the stock after Thursday's 17 ... ( read original story ...)
Tokyo stocks rise ahead of Trump inauguration
Tokyo stocks rose ahead of US President-elect Donald Trump's inauguration later Friday, but airbag maker Takata plunged again on bankruptcy restructuring fears. Tokyo's benchmark Nikkei 225 rose 0.34 percent, or 65.66 points, cast off early losses to end ... ( read original story ...)
Medtechs Flock To London As 2016 Sees Biggest IPO Ever
OTSKY), which raised $2.4bn in Tokyo back in 2010. It is more than its size that makes this deal far from a typical listing. The IPO was not a step on the corporate development path, or a source of capital for a growing company. Instead it was an exit for ... ( read original story ...
China outperforms in dismal 2016 IPO market
Elsewhere in the region, Tokyo performed best despite having its worst year since ... of their marketed prices and saw first-day pops of 15% and 32%, respectively. The IPO markets in most emerging economies were muted, except for India, which raked in ... ( read original story ...)
How a high school dropout built a bus empire in Japan after selling his car
Kimi Takura plans to list Heisei on the Tokyo Stock Exchange in a ¥10 billion IPO to ensure the company will continue even after he retires Subscribe to our newsletter. Heisei, set up in 1992, now operates a fleet of 400 buses for sightseeing, overnight ... ( read original story ...)
How does LINE make money?
Based in Tokyo, LINE is one of the most popular messaging apps in the world. As of 2016, the company had 218.4 million monthly active users (MAUs), a seven percent increase over the year prior. In other words, LINE easily had the biggest tech IPO of the year. ( read original story ...)
Fukuoka’s Own Ippudo Ramen Chain to List on Tokyo Stock Exchange
The ramen chain Ippudo is to go public on the Tokyo Stock Exchange as early as March this year, with an expected IPO of ¥30billion ($259 million). The IPO will give greater flexibility for fundraising, allowing the chain operator to accelerate expansion ... ( read original story ...)
Bank of Japan Nakaso warns of potential spike in dollar funding cost
TOKYO Bank of Japan Deputy Governor Hiroshi Nakaso on Friday warned that the cost of U.S. dollar funding could easily spike when there is a divergence in the monetary policy direction of the United States and Japan. But he said the BOJ saw no serious ... ( read original story ...)
Japan should push back if Trump takes 'wrong' economic policies: PM Abe adviser
The prime minister has promised to achieve a budget surplus, excluding interest payments on debt, in the fiscal year to March 2021, a commitment Finance Minister Taro Aso reiterated on Friday. "There is no need for Japan to follow such a strict timeframe ... ( read original story ...)
Nikkei stays in a narrow range, on track for weekly losses
Yen moves off this week's highs, underpinning Japanese equities TOKYO Jan 20 Japan's Nikkei share average wobbled in a small range on Friday, on track for a weekly loss, as investors braced for a change of power in the United States with the inauguration ... ( read original story ...)
World shares mixed, Japan’s Nikkei gains on weaker yen
TOKYO - World stocks were meandering in sluggish trading on Thursday as investors awaited the inauguration of Donald Trump as U.S. president. KEEPING SCORE: European shares were mixed in early trading. France’s CAC 40 added 0.1 percent to 4,860.14 and ... ( read original story ...)
Nikkei rises as financials gain; Toshiba, Takata dive
TOKYO Jan 19 Japan's Nikkei share average rebounded from a six-week low on Thursday, with financial stocks cheered by the rise in U.S. bond yields after Federal Reserve Chair Janet Yellen signalled a solid pace of interest rate hikes. The Nikkei rose 0.9 ... ( read original story ...)
Japan Inc. moving toward 4-day work week
TOKYO -- Three days off per week are increasingly common in Japan's workplaces as employers seek to improve the work-life balance in line with the government's push for labor reform. The shift from the traditional two days off per week is expected to ... ( read original story ...)
Yahoo Japan is refusing to stop the sale of ivory on its website
Ivory tusks are displayed after the official start of the destruction of confiscated ivory in Hong Kong. Yahoo Japan is refusing to stop the sale of ivory on its site, despite concerns that it is facilitating a business blamed for the illegal slaughter of ... ( read original story ...)