Category: FINANCE

OSAKA--Prosecutors have obtained a recording of a Finance Ministry official telling a school operator about efforts to reduce the sales price of state-owned land “closer to zero” as requested, sources said. The former director of the school operator ... ( read original story ...)

The team will next launch a full-fledged investigation into a breach of trust case over the sale of government-owned land in Toyonaka, Osaka Prefecture. The sale was by the Finance Ministry’s Kinki Local Finance Bureau to Moritomo Gakuen, for the site of ... ( read original story ...)

The selling price will be decided between September 25 and 27, the finance ministry said. Some 1.43 trillion yen was raised in an IPO nearly two years ago that included shares in Japan Post's banking and insurance units. It was the country's biggest ... ( read original story ...)

Tokyo said it would sell up to 990 million shares in Japan Post, or about 22 percent of its outstanding shares, the finance ministry said in a statement. The sale could raise 1.3 trillion yen based on Monday's closing price of 1,321 yen. The sale price ... ( read original story ...)

The Ministry of Finance will sell 990.1 million shares in Japan Post, including an overallotment, it said in a statement on Monday. That amounts to 1.3 trillion yen, based on the most recent closing price. The public offering will be priced as soon as Sept. ( read original story ...)

That would make it the country’s largest share sale since the three-pronged IPO two years earlier. The government is reducing its stake to raise funds for the reconstruction of areas devastated by the 2011 earthquake and tsunami in northeastern Japan ... ( read original story ...)

TOKYO, Sept 11 (Reuters) - Japan’s Nikkei rallied to a one-week high on Monday morning after the dollar recovered against the yen, lifting recently battered exporters and financial stocks which had stumbled amid the simmering tensions on the Korean ... ( read original story ...)

The seminar on SCM GUARD will be held on the 15th at 16:30~18:30 of this month at Osaka Building 6F, MJE WORK seminar room in Osaka. For more information visit http://scmguard.jp Related link: www.born2global.com ( read original story ...)

A decline in private capital expenditure was the largest factor in the revision to Japan’s second-quarter growth. Ministry of Finance data, which were used in the figures released Friday, had foreshadowed that business investment would prove much weaker ... ( read original story ...)

Japan's economy grew 0.6 percent in the second quarter, official data showed Friday, marking the longest period of expansion in more than a decade for the world's third-largest economy. The latest figure was revised down from an initial estimate of 1.0 ... ( read original story ...)

Sep.07 -- Izumi Devalier, head of Japan economics at Bank of America Merrill Lynch, discusses Japan's 2Q GDP figures and her outlook for the economy. She speaks on "Bloomberg Daybreak: Asia." ( read original story ...)

Japan Post group shares are relatively illiquid, as the three entities in the $12 billion IPO of November 2015 only sold 11 percent of the government's stock. A smaller Ministry of Finance stake could be a welcome route to freedom -- government ... ( read original story ...)

North Korea’s nuclear test, by far its largest, came less than a week after it test-fired an intercontinental ballistic missile that flew over northern Japan, triggering a national text-message system known as the J-Alert. For Japan, the security ... ( read original story ...)

The stock value has continued to improve in recent days after overseas media reported on Kakao Japan's plan to go public on the Tokyo Stock Exchange in 2020. Kakao did not confirm the reports, but said the IPO is one option to boost the Japanese branch's ... ( read original story ...)

TOKYO (Reuters) - A group including Western Digital (:WDC.O) is seeking around 50 billion yen ($464 million) from Apple Inc (:AAPL.O) to help finance a bid for Toshiba Corp's (:6502.T) memory chip unit, Kyodo news agency reported on Friday. Western Digital ... ( read original story ...)

TOKYO, Sept 8 (Reuters) - Japan’s Nikkei share average dipped near four-month lows on Friday while the broader Topix was almost flat as investors held off buying on concerns North Korea could launch another missile test on its important national holiday ... ( read original story ...)