HANYU, Japan --They’re kooky, cuddly – and for some – a little creepy. In Japan, mascots aren’t warm-up acts. They’re the main event, reports CBS News correspondent Adriana Diaz. It’s been dubbed the capital of cute, and at the World Character ... ( read original story ...)
Nikkei Rises on Weak Yen but Other Asian Indexes Mixed
Other indexes lost some gains from earlier this week. KEEPING SCORE: Japan's benchmark Nikkei 225 added 2.2 percent to 19,536.72, while Australia's S&P/ASX 200 was little changed at 5,734.80. South Korea's Kospi edged up nearly 0.1 percent to 2,045.13. ( read original story ...)
Final Japan Nikkei Manufacturing PMI Hits 12-Month High in December
Japan’s manufacturing sector expanded for a fourth consecutive month in December, a sign factory output was stabilizing amid uneven international demand. The Markit/Nikkei final manufacturing purchasing managers’ index (PMI) came in at 52.4 in December ... ( read original story ...)
Japan December manufacturing activity expands at fastest pace in a year – PMI
The Final Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) rose to 52.4 in December on a seasonally adjusted basis, higher than a preliminary reading of 51.9 and a final 51.3 in November. The index remained above the 50 threshold that ... ( read original story ...)
Strong dollar lifts Japan shares, crimps commodities
The strength of the U.S. currency pressured commodity prices and helped drag oil off an 18-month top, but gave Japan's exporter-heavy stock market a fillip. The Nikkei climbed 2.1 percent, recovering from two sessions of losses as domestic data ... ( read original story ...)
Japan Takes On Its Workaholics
Noah Smith is a Bloomberg View columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion. The same problems come up again and again in discussions of what Japan needs to do to revive its economy. The first is ... ( read original story ...)
Japan fund faces big downside trades
The WisdomTree Japan Hedged Equity Fund, which tracks the Nikkei index while adjusting for fluctuations in the yen, has been falling since hitting a 52-week high of $51.82 on Dec. 15. Our monitoring program found three strikes with large bearish trades in ... ( read original story ...)
NHK WORLD TV, Japan’s Sole Public English Language Channel, Moves Channels in Washington, DC and Adds Maryland
NHK WORLD TV, Japan’s sole public English language channel, is proud to announce its partnership with Maryland Public Television (MPT) based in Owings Mills, Maryland. MPT covers Maryland plus portions of contiguous states and Washington, DC. It joins ... ( read original story ...)
Japan to stay vigilant on forex risks: chief cabinet secretary
One crucial area in which I am charged to manage risks involves foreign exchange. I am making the Finance Ministry, the Financial Services Agency and the Bank of Japan have joint meetings. About forex, many say we had to do nothing [to produce the weaker ... ( read original story ...)
Silicon Valley's obscure unicorns could boost 2017 IPO market
Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. But more than a dozen expected stock offerings of relatively obscure software firms targeting business customers - little-known names ... ( read original story ...)
Toshiba shares fall on media report of profit padding
TOKYO (Reuters) - Toshiba shares fell more than five percent on Wednesday after media reported that Japan's security watchdog suspects it of padding profits by 40 billion yen ($339.59 million) over three years. Asahi Shimbun newspaper reported on Tuesday ... ( read original story ...)
Tokyo shares start 2017 on higher note
Tokyo shares opened higher Wednesday on the first trading day of 2017, following rises seen overnight on Wall Street driven by optimism about the US economy. The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 0.96 percent or 184.31 points to ... ( read original story ...)
Dollar strength lifts Japan shares, crimps commodities
The strength of the U.S. currency pressured commodity prices and helped knock oil off an 18-month top, but gave Japan's exporter-heavy stock market a fillip. The Nikkei climbed 1.2 percent in early trade, recovering from two sessions of losses. ( read original story ...)
On this day: Japan overthrows its last shogun and enters the modern era full steam ahead
On this day in 1868, the samurai of Japan ousted the last shōgun, setting Japan on a course of radical modernisation. In 1192, Minamoto Yoritomo became the first shōgun of feudal Japan. The appointment evolved into a hereditary military dictatorship ... ( read original story ...)
Xoom Expands Reach in Asia with Fast Bank Deposit Service to Japan
SAN FRANCISCO--(BUSINESS WIRE)-- Xoom, a leading digital money transfer provider, today announced it will be expanding its service in Asia, making it easier for people in the United States to quickly and securely send money to Japan. With Xoom, people get ... ( read original story ...)
Small Japanese banks offered lending lifeline
The Japanese export credit agency, the Japan Bank for International Co-operation (JBIC), has kick-started a programme that will help smaller banks finance power projects overseas. Through the scheme, JBIC will place loans (the volume or value of which are ... ( read original story ...)