TOKYO: Japan's Nikkei share average closed at the highest level since last December on Thursday as upbeat Chinese trade data boosted sentiment, while Tepco shares soared on news Japan will increase an interest-free loan related to its Fukushima costs. ( read original story ...)
Huawei courses through Japan's power conditioner market
TOKYO -- Sales of Huawei Technologies' power conditioners for photovoltaic power plants are surging in Japan, with the company plugging the low initial investment and maintenance costs of its distributed power generation system. Shipments in 2016 are ... ( read original story ...)
Nikkei rewrites 2016 closing high for second day
adding that the yen’s weakening against other currencies has made them less worried about foreign exchange risks in increasing their holdings of Japanese stocks. An official of another securities firm said that the Nikkei average should go higher unless ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 1.45%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Power, Finance & Investment and Shipbuilding sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 1.45% to hit a new 6-month high. Advancing ... ( read original story ...)
Japanese MegaBank Mizuho Tests its Own Digital Currency
Japanese banking giant Mizuho has tested its digital currency developed in partnership with IBM Japan to reduce costs of money transfers, a report has revealed. The Mizuho Financial Group-IBM partnership announced earlier this year has seen successful ... ( read original story ...)
Nikkei closes over 11-mth high on upbeat China data
TOKYO Dec 8 Japan's Nikkei share average closed at the highest level since last December on Thursday as upbeat Chinese trade data boosted sentiment, while Tepco shares soared on news Japan will increase an interest-free loan related to its Fukushima costs. ( read original story ...)
Japanese kindergarten teaches students pre-war ideals
Tsukamoto kindergarten, in Osaka, introduced the rescript 15 years ago, although school officials say it is not intended to fuel nationalism. "What we're aiming to foster in education is patriotism or 'Japanese-ism', expanding Japan's spirit all over the ... ( read original story ...)
Nikkei rises as Wall Street keeps climbing, but stronger yen keeps gains in check
TOKYO, Dec 8 (Reuters) - Japan's Nikkei share average rose on Thursday, fuelled by a further rise on Wall Street, but a stronger yen kept gains in check. The Nikkei finished the morning up 0.8 percent at 18,649.03 points, nearing last week's 11-month high. ( read original story ...)
Japan's consumers are still in a funk
GMO manages some 800 billion yen ($7 billion) worth of Japanese stocks. The benchmark Nikkei Stock Average rose faster after OPEC agreed to its first oil production cut in eight years on Nov. 30. Mitsubishi UFJ Morgan Stanley Securities estimates that ... ( read original story ...)
Nissin plant feeds Japan's noodle habit, global ambitions
TOKYO -- Nissin Food Products is set to build its first Japanese plant in two decades, aiming to help satisfy the country's persistent appetite for instant noodles while pioneering technologies to enhance productivity at factories worldwide. The domestic ... ( read original story ...)
The Bank of Japan at the policy frontier
The Bank of Japan has recently implemented one of the largest central bank policy shifts in modern times, raising its inflation target explicitly to 2% and kicking off the most rapid balance sheet expansion among the leading central banks. This column ... ( read original story ...)
Japanese robotics startup ZMP to delay Tokyo listing
TOKYO (Reuters) - Japanese robotics startup ZMP Inc will delay its listing on the Tokyo Stock Exchange, originally set for Dec. 19, the company said on Thursday, after it found client information had leaked on to the Internet. The leaked information has ... ( read original story ...)
Japan Q3 growth slashed as capex, inventories shrink
TOKYO (Reuters) - Japan's economy grew much slower than initially estimated in the third quarter, revised data showed, as capital expenditure dried up and companies ran down inventories - renewing concerns about Japan's growth prospects. The Cabinet Office ... ( read original story ...)
Japan to increase loan to Fukushima operator Tepco to $123 billion -source
TOKYO (Reuters) - Japan will increase an interest-free loan to the operator of the wrecked Fukushima nuclear plant, Tokyo Electric Power , by more than a third to 14 trillion yen (97.30 billion pounds)a source familiar with the matter said on ... ( read original story ...)
Japan third quarter GDP slashed as capex, inventories shrink
TOKYO (Reuters) - Japan's economy grew much slower than initially estimated in the third quarter, revised data showed, as capital expenditure dried up and companies ran down inventories - renewing concerns about Japan's growth prospects. The Cabinet Office ... ( read original story ...)
Zarif Wraps Up Asia Tour With Business Forum in Tokyo
Japan’s Foreign Minister Fumio Kishida signed the pact with Iran’s visiting Minister of Economic Affairs and Finance Ali Tayyebnia during a ceremony at the Foreign Ministry in Tokyo. Tokyo lifted sanctions on Iran soon after the International Atomic ... ( read original story ...)