Nikkei down 1.4 pct, hit by yen’s rise to 15-yr high

September 8, 2010

TOKYO: Japan’s Nikkei average fell 1.4 percent on Wednesday, Sept 8 extending the previous day’s losses with the yen’s rise to a fresh 15-year high against the dollar hitting investor confidence and hurting exporters. The benchmark Nikkei lost 130.28 points to 9,098.86. The broader Topix fell 1.2 percent to 824.66. Seoul shares also opened...
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Rally Japan: Red Bull preview

September 8, 2010

The place: Japan. The year: 2005. The Japanese Grand Prix in Suzuka, nearly 1000 kilometres south of Rally Japan’s base in Sapporo, was once the scene of one of Kimi Raikkonen’s most breath-taking Formula One victories. (read more…) Related items Japan’s textual demands vex civilian nuclear deal with India Japan PM and BOJ governor may meet next week...
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Business : Dubai living now more affordable

September 8, 2010

DUBAI — Dubai now ranks as a more affordable city in the world for expatriates due to a sharp decline in cost of living in the emirate, thanks to falling property rents, according to a global research report. (read the story…) Related items Japan Could Intervene Alone To Depress Yen: Report Japan stimulus plan to focus on green...
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JAPAN-OAK Begins Offering the ? Version of "twiST"

September 8, 2010

TOKYO–(BUSINESS WIRE)–JAPAN-Oak Co., Ltd. *1 (website builder for major Japanese companies) begins offering the ? version of twiST, a Twitter-compatible web service that alerts users to USTREAM channel broadcasts. “twiST” is a free service that sends you a reminder via Twitter direct messages within 5 minutes of the start of the broadcast of the...
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Basel bank talks refocus investors on capital

September 7, 2010

Global regulators meeting on Tuesday look set to finalize tougher bank capital rules roughly in line with expectations but the package may take effect sooner than anticipated, raising investor concerns over dividends. (read more…) Related items Asian stocks open mixed Tokyo leads Asian stocks lower, Nikkei drops 3.6% New Japan coach promises ‘Zac-attack’ as chief samurai Asian Stocks Fall as...
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Bruker Introduces Icon, a High-Performance Desktop MRI System for Easy-to-Use and Easy-to-Site Preclinical and …

September 7, 2010

KYOTO, Japan—-At the 2010 World Molecular Imaging Congress in Kyoto, Bruker Corporation today announces the introduction of the Icon™, a new easy-to-use 1 Tesla desktop MRI scanner that combines simplicity with compact dimensions, in order to bring preclinical magnetic resonance imaging within reach for a broader range of molecular imaging laboratories. (more here…) Related items KYOCERA to...
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Japan May Change Property Trust Rules, Minister Says

September 7, 2010

Japan will consider relaxing tax requirements as part of changes to rules for real estate investment trusts after the market shrank by more than half in the past three years, a land minister said. (get the story…) Related items Japan May Overhaul Property Trust Regulations, Land Vice Minister Says Japan REIT Bond Market Thaws Japan Said to View Likely...
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Japan’s forex reserves stays at 2nd highest level on record

September 7, 2010

Japan’s foreign exchange reserves stayed at the second highest level on record, after surging by 6.63 billion U.S. dollars from the previous month to 1,070.15 billion at the end of August, the Finance Ministry said Tuesday. (get the story…) Related items Japan’s forex reserves rise for 1st time in two months in June Japan forex reserves rise Japan’s forex...
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Japan holds rates steady, signals worry on outlook

September 7, 2010

The Bank of Japan says the economy appears to be recovering at a slow pace, but it leaves open the possibility of additional emergency action. (get the story…) Related items Japan holds rates unchanged, signals outlook worry Japan’s Central Bank Disappoints The Markets Japan PM Kan vows firm moves against strong yen Bank of Japan reportedly considering more easing Japan govt...
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TOKYO ELECTRON DEVICE ANNOUNCES Spartan-6 PCI Express Grabber Board Supporting CameraLink PoCL

September 7, 2010

YOKOHAMA, Japan–(BUSINESS WIRE)–TB-6S-LX150T-GB-R facilitates the design of more compact products by allowing the connection of PoCL-capable cameras via a single cable and supporting the wide-band data transmission for video data. (read the story…) Related items TOKYO ELECTRON DEVICE Announces Release of TB-6V-LX760-LSI LSI Development Test Platform With Virtex-6 FPGA BioJapan 2010 announces ‘Renaissance of Bioindustry’ as main theme BioJapan...
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Japan’s Surging Bond Yields May Strengthen Yen, JPMorgan Says

September 7, 2010

Japan’s surging 10-year government bond yields could accelerate gains in the yen by encouraging the nation’s investors to bring back overseas earnings, according to JPMorgan Chase & Co. in Tokyo. (read the story…) Related items Crash of 2015 Wont Wait for Regulators to Rein in Wall Street Business : Japan worries as yen rises towards 15-year high Japan banks...
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Japan’s central bank keeps 0.1% rate

September 7, 2010

Japan’s central bank keeps 0.1% rate (read the story…) Related items Japan Machinery Orders Rise 8.8% In July Japan Noda warns on yen, suggests joint steps difficult Japan imposes additional sanctions on Iran Japan utilities Aug power output up 13.8 pct y/y Business Bullet: Japan, Jackson Hole, Rolls Royce, Minis
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Panasonic losing in 3-D TV battle

September 7, 2010

Panasonic Corp., the world’s largest maker of plasma televisions, said it might fail to meet its sales target for 3-D sets after Samsung Electronics Co. unleashed an “unexpected” price war in the United States. “No one can keep up” with price cuts by Samsung in the world’s biggest TV market, said Yoshiiku Miyata, the...
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