Japan first-quarter corporate capex up 4.5 percent – MOF

TOKYO Japanese companies raised spending on plant and equipment in January-March by 4.5 percent from the same period last year, Ministry of Finance (MOF ... reading followed a preliminary estimate that Japan's economy grew an annualised 2.2 percent ... ( read original story ...)

Nikkei slips as yen gains on Italy’s political uncertainties

The yen advanced to a 12-day high, as investors sought safe havens due to fresh political uncertainty in Europe Tokyo, May 30: Japan's Nikkei share average slipped on Tuesday, with the equity market feeling downward pressure from a stronger yen ... ( read original story ...)

Nikkei eases as nervous investors push yen higher

A stronger yen weighed on Japanese shares Tuesday, setting a cautious tone for trading in the Asia-Pacific region, though markets pared early declines by late morning. The Nikkei Stock Average NIK, +0.04% had been down as much as 0.6% after the yen ... ( read original story ...)

Japan’s draft growth strategy forgoes far-reaching reform

TOKYO -- Japan's new strategy to stoke growth in key industries includes case-by-case regulatory exemptions to spur innovation, but the government's piecemeal proposals lack the fundamental changes needed to re-energize the overall economy. Prime Minister ... ( read original story ...)

Japan Inc. steps up hunt for full-time workers

TOKYO -- Japanese companies are increasing hiring of full-time employees as they scramble to secure workers amid a labor shortage, raising hopes that the tight demand will translate to higher wages. Japan's seasonally adjusted ratio of job openings to ... ( read original story ...)

APAC Closing Prices: #ASX 5717.88 +0.19% #NIKKEI 19677.85 -0.02%

06:41a USD/JPY recovers in tandem with Nikkei, but still below 111.00 05:21a Japan's #Nikkei slips as yen gains on Italy's political uncertainties 04:44a CORRECTED-Japan's Nikkei slips as yen gains on Italy's political uncertaintie.. 04:23a TRADE SETUP ... ( read original story ...)

OECD says IPO underwriting fees ‘akin to tacit collusion’

It quoted data showing the median underwriting fee for IPOs in the United States is 7 percent of total proceeds from the IPO and has risen to 8 percent in Japan and China, doubling in the case of China within a couple of years. At the same time ... ( read original story ...)

DBS, Nishi-Nippon City Bank collaborate to support Japanese SMEs

They will offer discounting of exports bills. Japanese bank Nishi-Nippon City Bank (NCB) recently signed a memorandum of understanding with DBS, Southeast Asia’s largest bank. This memorandum fosters the greater collaboration and support for Japanese ... ( read original story ...)

Japan’s April Jobless Rate at 2.8 Percent

May.29 -- Japan's jobless rate remained at the lowest in more than two decades last month, but household spending remained mired in a long slump. Bloomberg's Rosalind Chin reports on "Bloomberg Daybreak: Asia." ( read original story ...)