TOKYO — The new chairman of Tokyo Electric Power Co. says ... near Fukushima Dai-Ichi, will depend on a financial review. He said he regrets TEPCO’s slowness in making a decision and acknowledged calls from local authorities and residents to ... ( read original story ...)
Japan finmin: New farm spending should lift efficiency, not subsidies
TOKYO, July 14 (Reuters) - Any fresh government spending on Japan's agriculture sector should be for finding ways to cut its production and shipping costs rather than on subsidies for farmers, Finance Minister Taro Aso said on Friday. His comments came ... ( read original story ...)
Nikkei edges up, marks weekly gain ahead of holiday
TOKYO, July 14 (Reuters) - Japan's Nikkei share average edged up on Friday as disappointing earnings from Fast Retailing, the world's third largest apparel retailer, offset gains made after Wall Street pushed higher. The Nikkei index finished up 0.1 ... ( read original story ...)
Nikkei edges up, shares stay on track for weekly gains
TOKYO, July 14 (Reuters) - Japan's Nikkei share average edged up on Friday and remained on track for a robust weekly gain, though investors grew cautious ahead of a long holiday weekend. The Nikkei index was up 0.2 percent at 20,144.82 at the end of ... ( read original story ...)
Investing in IPO’s isn’t as smart as you think
As you can see in the chart below, the average one-week return for these stocks after they went public was 8 percent, while the MSCI Asia ex Japan Index returned just 0.2 percent in any given week. After one month, the IPO stocks were up around 17 percent ... ( read original story ...)
Bank of Japan may concede delay in hitting price goal, but hold off on easing
TOKYO (Reuters) - The Bank of Japan is set to raise its economic growth forecasts but cut its rosy inflation outlook next week, sources say, reinforcing expectations it will lag well behind major global central banks in dialing back its massive stimulus ... ( read original story ...)
LCCs reach 10% market share in domestic Japan. Partnerships become likely – but complex
Peach Aviation has been reporting consistent profits and is now comfortable pondering an IPO. This 10% market share is an achievement ... Panel discussion at CAPA Osaka Kansai LCC summit in Jun-2017 Source: CAPA TV. Achieving a 10% market share over ... ( read original story ...)
Abu Dhabi Plans $14 Billion Fuel IPO
Saudi Aramco’s proposed mega IPO is set to take place next year and could raise an eye-popping USD2 trillion. Stock exchanges eager for a piece of the action include Hong Kong, Tokyo, New York and London. ( read original story ...)
Bank Mergers in Japan Become a Question of Avoiding ‘Extinction’
Daisan and Mie Bank are among competitors that are combining Hiroshi Iwama and Mitsunori Watanabe used to joke about merging their banks in central Japan. When the Bank of Japan introduced negative interest rates last year, things got serious. The two ... ( read original story ...)
Ex-Moritomo Gakuen chief Kagoike to face prosecution over subsidies: sources
OSAKA – Prosecutors plan to build a case against the former ... following negotiations with the Finance Ministry’s local bureau. ( read original story ...)
Chief of bitcoin exchange Mt. Gox pleads not guilty to embezzlement: Nikkei
according to the Nikkei. Mt. Gox once handled 80 percent of the world's bitcoin trades but filed for bankruptcy in 2014 after losing some 850,000 bitcoins - then worth around half a billion U.S. dollars - and $28 million in cash from its Japanese bank ... ( read original story ...)
Nikkei edges up on weaker yen; tech shares follow Nasdaq gains
TOKYO, July 11 (Reuters) - Japan's Nikkei share average edged up on Tuesday morning, as a weaker yen supported many export-oriented stocks, while tech shares attracted buyers on the back of the strong Nasdaq performance overnight. The Nikkei rose 0.2 ... ( read original story ...)
Japan sitting on postal shares until price climbs
TOKYO -- Japan's Finance Ministry will not sell shares in Japan Post Holdings this summer as originally planned, instead opting to wait until the price recovers to a more profitable level. The next batch of shares had been slated to go on sale as early as ... ( read original story ...)
Japan NIKKEI 225 Surged Midday Take on Monday July 10
FOREX iNVESTORS NIKKEI 225 Surged Midday Tokyo’s Nikkei 225 jumped 152 points, or 0.8 percent, to 20,081 on Monday 10th of July as most Asian bourses also traded in the green to track Wall Street higher over the weekend. The index recovered from its ... ( read original story ...)
Mizuho Makes Progress In Blockchain Trade Finance Initiative
Japan’s Mizuho Bank is moving forward with plans to use blockchain for trade finance. The bank said Friday (July 7) that it has completed its first distributed ledger-based trade finance transaction between Australia and Japan, with data and document ... ( read original story ...)
Japan Inc.’s vast pool of cash is growing stagnant
Statistics collected by The Nikkei show that the average capital ratio for listed Japanese businesses, excluding financial companies, for 2016 rose 0.8 percentage point on the year to 40.4%. That is the highest since fiscal 1982, the first year for which ... ( read original story ...)