Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. But more than a dozen expected stock offerings of relatively obscure software firms targeting business customers - little-known names ... ( read original story ...)
Toshiba shares fall on media report of profit padding
TOKYO (Reuters) - Toshiba shares fell more than five percent on Wednesday after media reported that Japan's security watchdog suspects it of padding profits by 40 billion yen ($339.59 million) over three years. Asahi Shimbun newspaper reported on Tuesday ... ( read original story ...)
Tokyo shares start 2017 on higher note
Tokyo shares opened higher Wednesday on the first trading day of 2017, following rises seen overnight on Wall Street driven by optimism about the US economy. The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 0.96 percent or 184.31 points to ... ( read original story ...)
Dollar strength lifts Japan shares, crimps commodities
The strength of the U.S. currency pressured commodity prices and helped knock oil off an 18-month top, but gave Japan's exporter-heavy stock market a fillip. The Nikkei climbed 1.2 percent in early trade, recovering from two sessions of losses. ( read original story ...)
Xoom Expands Reach in Asia with Fast Bank Deposit Service to Japan
SAN FRANCISCO--(BUSINESS WIRE)-- Xoom, a leading digital money transfer provider, today announced it will be expanding its service in Asia, making it easier for people in the United States to quickly and securely send money to Japan. With Xoom, people get ... ( read original story ...)
Small Japanese banks offered lending lifeline
The Japanese export credit agency, the Japan Bank for International Co-operation (JBIC), has kick-started a programme that will help smaller banks finance power projects overseas. Through the scheme, JBIC will place loans (the volume or value of which are ... ( read original story ...)
Japan in talks with New Zealand for defense aircraft
TOKYO -- Japan is in negotiations with New Zealand to export the Self-Defense Forces' patrol and transport aircraft, in hopes of beating out U.S. and European competition to score its first large-scale arms contract. The deal will also involve the ... ( read original story ...)
Japan automakers' tie-up synergies to take shape in 2017
TOKYO -- The Japanese auto industry saw extensive realignment in 2016 as carmakers joined hands to sharpen their edge in a global race demanding the adoption of myriad new technologies. How these partnerships fare will be a focal point in the new year. ( read original story ...)
Japan seeks to increase its U.N. staffers to match financial outlay
Tokyo, which recently celebrated its sixth decade of U.N. membership, is not represented as much as its bountiful financial contributions to the international body would justify. At the job fair in Tokyo, students raised their hands in succession to ask ... ( read original story ...)
Japan Looks to Escape Its Economic Slump
Despite the upheavals of 2016, Japan plans to begin the new year by staying its economic course. In a Dec. 20 monetary policy meeting, the Bank of Japan chose to hold its interest rates steady — an unsurprising decision, given that in September the bank ... ( read original story ...)
Japan seeks to attract workers, tourists to quake-hit region
TOKYO -- Japan aims to attract more workers and tourists to the northeastern region of Tohoku, which is still trying to rebuild its economy from a devastating earthquake and tsunami nearly six years ago. Starting in April, government programs will provide ... ( read original story ...)
Foreign trends play larger role in Japanese growth for 2017
TOKYO -- The Japanese economy appears likely to expand by roughly 1% this year, but foreign risks such as a protectionist shift in Western nations and a stronger dollar threaten to undermine the growth potential. The global economy is trending upward. ( read original story ...)
Japanese stocks to rise in 2017
TOKYO: Japan’s Nikkei is set to end slightly lower this year but rise in 2017 as expectations US President-elect Donald Trump’s policies will ratchet up interest rates buoyed the dollar against the yen, giving Japan Inc’s earnings a boost ... ( read original story ...)
Tokyo’s Nikkei ends volatile 2016 to mark highest close in two decades
"The market is changing from monetary to fiscal policies." Japan's benchmark Nikkei 225 index rose 0.42 percent in 2016 to close at 19,114.37, marking the fifth consecutive annual increase and highest year-end finish since 1996 when it ended at 19,361.35. ( read original story ...)
Japan’s ‘lucky bag’ market is a basket of unknowns
The next few weeks may see enlivened speculation Toshiba will be removed from the Nikkei 225 altogether. If that happens, even a cheap yen may not reverse an impression that Japan equities are a lucky bag best left on the shelf. ( read original story ...)
BRIEF-Bank of Japan to extend loan support program for lenders another year – Nikkei
* Bank of Japan looking to extend loan support program for lenders another year Source text for Eikon: Further company coverage: Next In Financials MORE FROM REUTERS ( read original story ...)