The Nikkei 225 index continued rising even as hopes of a Bank of Japan (BoJ) will start hiking interest rates rise. The index, which tracks the biggest companies in Japan, soared to a high of ¥36,280, ...
Tokyo Gas ups profit, dividend forecast ahead of Q3 results
Japan's Tokyo Gas on Wednesday raised its net profit and dividend forecast for the year ending in March 2024, ahead of posting third quarter results later this week.
Japan’s Nomura reports 24% drop in Q3 net profit, but core businesses strong
Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Wednesday a 24% drop in quarterly net profit largely reflecting the one-off gains that boosted year-earlier earnings.
Japan Inc opens door to more women directors, but managers remain rare
Mitsuko Tottori's appointment as Japan Airlines' next president makes her something of a rarity in Japan - a female head of a well known company. While Japanese firms have rapidly lifted the number of ...
Japan’s Nikkei shakes off chip blues to post best January since 1998
Japan's Nikkei share average notched its best January in 26 years after shaking off early chip-led declines on Wednesday. The Nikkei recovered from losses as steep as 1% in early trading to end the ...
Tokyo Shares Rebound To Close Higher
Tokyo stocks closed higher on Wednesday as investors looked ahead to the Federal Reserve's latest policy decision, hoping for guidance on its plans for interest rates.
Japan’s Nomura Q3 net profit drops 24%
Nomura Holdings , Japan's biggest brokerage and investment bank, reported on Wednesday a 24% drop in quarterly net profit due to the absence of a one-off profit a year earlier.
Deal Watch: Debt Offerings Rise as Markets Begin to Turn
The size of the IPO has not been announced ... The issuance was announced Jan. 23 by Osaka, Japan-based Sumitomo Life Insurance. The Skadden Arps team was led by partner Kenji Taneda. Cleary Gottlieb ...
Japan’s Nikkei set for best January since 1998 despite chip drag
Japan's Nikkei share average was set for its best January in 26 years, despite a decline for the benchmark index on Wednesday as chip-sector shares tracked overnight losses in U.S. peers. The Nikkei was up 7.
IMF sees Japan committed to flexible exchange rate
Japanese authorities are committed to a flexible exchange rate, which acts as a shock absorber and supports the Bank of Japan's monetary policy objective, a senior International Monetary Fund (IMF) ...
Japan’s Rakuten issues $1.8 billion of dollar-denominated 3-year senior notes
TOKYO (Reuters) - Japanese e-commerce conglomerate Rakuten Group said on Wednesday that it will issue $1.8 billion of U.S. dollar-denominated 3-year senior notes at an interest rate of 11.25%. The ...
SIM-swapping ring stole $400M in crypto from a US company, officials allege
The US may have uncovered the nation's largest "SIM swap" scheme yet, charging a Chicago man and co-conspirators with allegedly stealing $400 million in cryptocurrency by targeting over 50 victims in ...
Tokyo-based Sushi Ginza Onodera plans U.S. IPO at 1.07 million shares
Tokyo-based, 13-unit sushi chain Sushi Ginza Onodera is preparing for a U.S. initial public offering, with plans to sell 1.07 million shares of the Japanese restaurant chain for $7-$8 apiece, ...
Can Japan ETFs Keep Climbing in 2024?
Currency-hedged Japan ETFs, which neutralize the fluctuations of the Japanese yen, are up more than 45% over the past year.A combination of factors contributed to the rally. Last year, Warren ...
Could Japan’s CBDC End the Crypto Deadlock in the US?
Find out why the Bank of Japan has postponed a CBDC to at least 2026 amid news of US polarization over a digital dollar.
Japan PM Kishida: Will do ‘everything possible’ to bolster household income
Japan’s Prime Minister Fumio Kishida told parliament on Tuesday that they will do "everything possible" to bolster household income. The biggest mission for my administration is to revive the economy.