The Japanese group is also aiming to raise about $20bn from the ... One Zurich-based banker said conditions were ripe for an IPO of Landis+Gyr because Swiss investors were “sitting on piles of cash” after the delistings of Syngenta, the agribusiness ... ( read original story ...)
Tokyo votes in high-stakes city election
Tokyo residents were voting for the city's assembly in an election Sunday that could alter national politics as a populist governor aims to strengthen her base and challenge Prime Minister Shinzo Abe's scandal-laden ruling party. At stake are 127 assembly ... ( read original story ...)
Tokyo utility heads plead innocent
TOKYO -- Three former executives of Tokyo Electric Power Co. apologized in court Friday for the 2011 Fukushima nuclear disaster, but pleaded innocent to charges of professional negligence. Tsunehisa Katsumata, the 77-year-old ex-chairman of the utility ... ( read original story ...)
Japan reports factory output, unemployment rose in May
People walk on a pedestrian crossing in Tokyo, Friday, June 30, 2017. Japan's factory output rose in May from a year earlier and the number of jobs per job seekers climbed to a 43-year high, reflecting labor shortages as the economy gains momentum thanks ... ( read original story ...)
Japan’s SMFG, preparing for Brexit, to make Frankfurt EU base: Nikkei
TOKYO Japanese lender Sumitomo Mitsui Financial Group Inc (8316.T) will make Frankfurt its new European headquarters as it prepares for Britain's exit from the European Union in 2019, the Nikkei business daily reported on Saturday. SMFG, Japan's third ... ( read original story ...)
Nikkei tumbles to 2-wk lows as central banks signal cheap money era may end
TOKYO, June 30 Japan's Nikkei share average stumbled to two-week lows on Friday on worries cheap funding from European central banks may be soon coming to an end. While 30 of the Topix's 33 subsectors were in negative territory, tech names in particular ... ( read original story ...)
Tokyo Workshops: Are Media and the Business Community Doing Enough on Sustainable Development ?
ROME/TOKYO, Jun 29 2017 (IPS) - Why and how should the media report on the Sustainable Development Goals (SDGs) in an engaging way? Can the SDGs deliver global development? And what are the role and challenges of business leadership in advancing these goals? ( read original story ...)
Markets bet Abe will ‘pull stimulus from a hat’ if Tokyo election stings
Investors believe a setback for Abe's Liberal Democratic Party (LDP) in Sunday's Tokyo Metropolitan Assembly election, seen as a bellwether for national politics, would spur him to act to boost the economy. Japanese shares .MIJP00000PUS have risen more ... ( read original story ...)
Blackstone makes S$1.17 offer per unit for Croesus Retail Trust, valuing it at $900.6m
In its outlook update in May, Croesus noted that commercial land prices in Tokyo, Nagoya and Osaka have continued to appreciate. "Property prices in Osaka, in particular, have risen significantly due to an increase of foreign visitors, driving cap rate ... ( read original story ...)
BRIEF-Ashimori Industry to sell building property
June 29 (Reuters) - Ashimori Industry Co Ltd: * Says it will sell headquarters building located in Osaka, Japan, on Sep. 26 Source text in Japanese: https://goo.gl/4q8ymC Further company coverage: (Beijing Headline News) ( read original story ...)
Cocoroom: This guesthouse uses art to help Homeless Talent in Osaka
We were in the Kamagasaki district of Osaka, an area which has a reputation amongst the ... As I first arrived, I thought a tour of the property would take a few minutes. Instead, we talked for hours as we poured over each room (each of the guest rooms ... ( read original story ...)
AirAsia X inaugural flight marks successful maiden entry into US
The four times weekly route departed from Kuala Lumpur, Malaysia for Honolulu, Hawaii via Osaka, Japan. The successful inaugural flight was followed by a celebration and press conference event at the Royal Hawaiian Hotel. AirAsia X is the long-haul ... ( read original story ...)
Japan central bank issues rare apology over remark about Hitler
Japan's central bank issued a rare apology on Friday over a board member's praise for Adolf Hitler's economic policies. Yutaka Harada, a member of the board of the Bank of Japan, told a seminar on Thursday Hitler's economic policies had been "appropriate ... ( read original story ...)
Tokyo 2020 will attract youth, offer gender equality: IOC VP
TOKYO -- IOC Vice-President John Coates says the addition of new sports at the 2020 Tokyo Olympics will attract youth and create gender equality without driving up costs. In an effort to give the games a more youthful and urban appeal, the IOC has added 3 ... ( read original story ...)
Third fire ant infestation confirmed at Nagoya port
NAGOYA – A third fire ant infestation has emerged at Nagoya port, following two similar discoveries last month in Kobe, the Aichi Prefectural Government said Friday. The aggressive reddish-brown ants, highly invasive and native to South America, are ... ( read original story ...)
Japan factory output tumbles, flashes warning signs on growth
A downturn in output would be bad news for Japanese policymakers, who have pinned their hopes on strong overseas demand boosting corporate profits, wages and eventually consumption. INFLATION REMAINS SUBDUED Core consumer prices, which includes oil ... ( read original story ...)