Category: FINANCE

TOKYO -- SG Holdings, owner of Japan's second-largest parcel delivery company, Sagawa Express, made its debut on the Tokyo Stock Exchange's first section Wednesday, opening at 1,900 yen, 17% above its offering price of 1,620 yen. The opening price valued ... ( read original story ...)

TOKYO -- Japan looks to remove the tax liability often faced by businesses that eliminate shell companies inherited in foreign acquisitions, a change that would encourage strong and simple corporate structures while limiting the potential for tax avoidance. ( read original story ...)

Tax-free shoppers increased 56% on the year to around 380,000 in October, according to the Japan Department Stores Association. The Nikkei Stock Average has reached its highest in 26 years, fueling hopes for consumption. "People tend to loosen their purse ... ( read original story ...)

Most forecasters thought they could dismiss the Bank of Japan from their 2018 lists of central banks to watch. Amid talk of a retreat from quantitative easing, the BoJ looked nailed on to maintain its “yield curve control” policy, putting off the idea ... ( read original story ...)

Behind the streamlining plans by the major banks is the sector’s difficult business climate. The ultra-low interest rates under the Bank of Japan’s unprecedented monetary easing policy have reduced the lending margin on bank loans, which is not ... ( read original story ...)

TOKYO -- The government here will let people use personal cars to ferry tourists and other passengers for pay in a strategic special zone in western Japan, aiming to gauge the benefits of ride sharing in hopes that it will help sightseers venture outside ... ( read original story ...)

The Tokyo and Osaka network deployments include programmable 200G coherent optical transmission between multiple data center sites. The award-winning Coriant Grooveâ„¢ G30 is an innovative 1RU modular open transport solution for cloud, data center ... ( read original story ...)

The money raised will be used mostly for investments in startups in Israel and Japan. The Internet Research Institute (IRI), a Japanese company, is planning an IPO on the Tel Aviv Stock Exchange (TASE). The company wants to raise at least NIS 43.9 million ... ( read original story ...)

TOKYO -- Imagine you are in charge of e-commerce at a Japanese company. You know that Chinese shoppers are visiting Japan in droves and you are eager to grab a piece of their wallets. So you create a slick Chinese-language website to promote your product ... ( read original story ...)

YAMAGUCHI, Japan -- The brewer behind Japan's premium Dassai sake brand wants to sell high-quality but affordable bottles to the American masses, and it plans to open a large brewery in New York State to do it. Asahishuzo, the brewer, has been exporting ... ( read original story ...)

TOKYO -- Move over, salaryman, Japan's capsule hotels want to make room for guests willing to pay a bit more for a night's sleep. The minimalist facilities typically offer narrow, rectangular compartments for 2,000 yen to 3,000 yen ($18 to $26) a night. ( read original story ...)

SMBC Nikko's rivals Nomura Holdings Inc and Daiwa Securities Group Inc , Japan's biggest and second-biggest brokerages respectively, have this year beefed up their U.S. investment banking coverage. Nomura is boosting its ranks of investment bankers in New ... ( read original story ...)

TOKYO -- Obayashi is under investigation for allegedly trying to rig bidding for contracts related to Japan's first commercial high-speed maglev train line, a megaproject that the country's construction companies hope will keep earnings healthy after the ... ( read original story ...)

I think Japan is leading the market higher. Yuzo Kano, chief executive of bitFlyer Yuzo Kano, chief executive of bitFlyer a Japanese trading platform for bitcoin said his Tokyo-based exchange was big enough to handle even the biggest market movements. ( read original story ...)

Nissin Foods, which is based in Osaka and is a spinoff of Tokyo-listed Nissin Foods Holdings, raised HK$951 million from its Hong Kong offering. The retail tranche of its IPO was oversubscribed 32 times. Meanwhile, Solis Holdings (2227) opened trading ... ( read original story ...)

The Monday IPO brought in some 950 million Hong Kong dollars ($121.7 ... letting managers track local demand and make decisions quickly at the local level. "We hope to unite Japanese craftsmanship and Chinese salesmanship to power growth," said Ando's ... ( read original story ...)