Saudi Aramco’s IPO is moving ahead and all options are open on where to ... London and New York exchanges are vying for a role in Aramco’s offering, along with Hong Kong, Singapore, Tokyo and Toronto. The head of the local Tadawul stock exchange ... ( read original story ...)
BMO Capital Reconfirms a “Hold” Rating on Boston Private Fin (BPFH) and $16.0 Target; Shorts at ANGES MG OSAKA ORD JAPAN (AMGXF) Raised By 5.6%
Boston Private Financial Holdings has $1700 highest and $11 lowest target ... On Friday, August 11 the stock rating was maintained by Jefferies with “Hold”. ANGES MG OSAKA ORD JAPAN (OTCMKTS:AMGXF) had an increase of 5.6% in short interest. ( read original story ...)
Young Japanese are getting sold on ‘buy Japan’
"It takes a generation to heal the wounds borne by people whose assets were wiped out by the stock crash," Japan Exchange Group CEO Akira Kiyota said. A generation is equivalent to about 25 years. The Nikkei Stock Average is hovering at a 26-year high. ( read original story ...)
Japan on edge as South Korea reviews ‘comfort women’ deal
TOKYO -- South Korea's attempt to revisit a 2015 accord with Japan on wartime "comfort women" is rekindling tensions between the two countries as Tokyo objects to the move as backtracking on their shared goal of achieving a final resolution. Seoul plans to ... ( read original story ...)
Young Japanese are finally buying ‘buy Japan’
"It takes a generation to heal the wounds borne by people whose assets were wiped out by the stock crash," Japan Exchange Group CEO Akira Kiyota said. A generation is equivalent to about 25 years. The Nikkei Stock Average is hovering at a 26-year high. ( read original story ...)
Japan seen missing inflation target again despite robust growth
TOKYO -- Japan sees its economy expanding 1.8% in real terms in fiscal 2018 but expects consumer price growth to remain well short of the 2% target, leaving companies squeezed by rising costs, government forecasts approved Tuesday show. Private-sector ... ( read original story ...)
Bitcoin not yet proven as credible currency: Japan finance minister
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that bitcoin has not been proven to be a credible currency and that he would watch its developments in the near-term. He made the remark to reporters when asked about his French ... ( read original story ...)
Japan to expand ballistic missile defense with ground-based Aegis batteries
TOKYO (Reuters) - Japan formally decided on Tuesday it would expand its ballistic missile defense system with U.S.-made ground-based Aegis radar stations and interceptors in response to a growing threat from North Korean rockets. A proposal to build two ... ( read original story ...)
Japanese construction firms targeted in fresh raids
The train line will link Tokyo, Nagoya and Osaka. Shimizu shares fell as much as 3.2%, while Kajima slumped as much as 5.6%, both extending losses from Monday. Japan's large and politically influential construction industry has been a frequent source of ... ( read original story ...)
Japanese labor crunch hits service sectors the hardest
TOKYO -- Japan's crippling worker shortage is hitting industries selectively, with businesses heavily reliant on human labor, such as restaurants, builders and shipping companies feeling the most pressure. The Bank of Japan's latest quarterly survey of ... ( read original story ...)
Asian Shares Mostly Higher With The Nikkei 225 Up Over 1%
Japan's Nikkei 225 rose 1.19%, while Australia's S&P/ASX 200 gained 0.68%. In Greater China, the Hang Seng index rose 0.68% and the Shanghai Composite dipped 0.07%. in Japan, Obayashi shares fell 0.51% following Nikkei headlines that Japanese prosecutors ... ( read original story ...)
Japan exports boom, but inflation not following script in blow to Bank of Japan exit plan
TOKYO (Reuters) - Japanese exports accelerated sharply in November, yet again pointing to growing momentum in the world’s third-biggest economy. There was just one catch: inflation remained stubbornly low and well off the central bank’s 2 percent target. ( read original story ...)
Japan trade surplus drops sharply on higher oil imports
Japan's trade surplus fell sharply in November ... yen ($1.0 billion), a 22-percent drop from a 146.5-billion-yen surplus a year earlier, according to finance ministry data. Exports rose for the 12th consecutive month on sound exports of chip-making ... ( read original story ...)
Japan export growth accelerates, underscores steady economic recovery
according to the Ministry of Finance (MOF). In volume terms, Japan's exports rose 5.5 percent in November from a year ago, the 10th consecutive month of rises, led by robust shipments to China and Asia, the data showed. The data backs the Bank of Japan's ... ( read original story ...)
Work reform spells bigger profits for Japan Inc., survey finds
TOKYO -- Japanese companies that succeed in creating vibrant and diverse work environments also boost their chances of realizing record earnings, with innovation and high productivity likely driving their growth, a Nikkei Inc. study shows. The Nikkei Smart ... ( read original story ...)
Japan Tiptoes Out of Radical Experiment in Monetary Policy
TOKYO—Japan’s central bank has been the world’s poster child for radical monetary easing. Next year, its stance is poised to change. After pumping about $4 trillion into the financial system over Gov. Haruhiko Kuroda’s nearly five years on the job ... ( read original story ...)