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 ...)
Nikkei rises on Wall St record; SoftBank soars on US investment plan
TOKYO Dec 7 Japan's Nikkei share average rose on Wednesday, buoyed by a surge in index-heavyweight SoftBank after it announced a bold investment foray into the United States. SoftBank ended 6.2 percent higher after Chief Executive Masayoshi Son said he ... ( read original story ...)
Tokyo Olympic officials determined to keep costs low
TOKYO—Hoping to avoid last-minute financial pressures, Japanese officials said Nov. 30 they are determined to keep total costs of the 2020 Tokyo Olympic Games below 2 trillion yen ($18 billion) after a three-day debriefing from organizers of the Rio de ... ( read original story ...)
Tokyo stocks open higher, tracking global gains
Tokyo stocks opened higher on Wednesday following another record close on Wall Street after Paris stocks reached the year's highest level and Italian banks surged. Tokyo's benchmark Nikkei 225 index rose 0.40 percent, or 73.45 points, at 18,433.99 in the ... ( read original story ...)
Trump parades Japanese bank boss in front of reporters to boast about $50 billion investment creating 50,000 U.S. jobs – with Taiwanese electronics company
President-elect Donald Trump declared a second employment victory in as many weeks on Tuesday, saying after a meeting with Softbank Group Corporation CEO Masayoshi Son that the Japanese investment bank had agreed to invest $50 billion in U.S. startups ... ( read original story ...)
Japan’s Kanto Bureau Adds FXGlobe and Tradeview Markets to its Warning List
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) has updated the warning list on its website to caution potential investors against about trading with two financial entities, FXGlobe and Tradeview Markets. FXGlobe is a is located at 61 ... ( read original story ...)
Japan's lower house passes long-awaited casino bill
Tokyo (AFP) - Japan's lower house of parliament on Tuesday passed a long-awaited bill to legalise casinos, in a major step toward opening up a market seen as a potential global gaming powerhouse. Some opposition members walked out of the chamber before the ... ( read original story ...)
Japan, US burying World War II ghosts after 70 years
One longtime taboo has already fallen this year, and the other soon will. On Dec. 27, Prime Minister Shinzo Abe will visit the Hawaiian U.S. naval base attacked by Japan in 1941. He will be joined by President Barack Obama, who seven months earlier ... ( read original story ...)
Nikkei follows global markets higher as Italian fears fade for now
Japan’s Nikkei share average rebounded on Tuesday as strong U.S. economic data helped offset worries about instability in the European Union after Italian Prime Minister Matteo Renzi’s resignation. The Nikkei rose 0.9 percent to 18,434.08 points by ... ( read original story ...)