Toronto Stock Exchange (TSX) continue with its efforts to win a part of the massive Saudi Aramco public listing with the country’s deep experience in natural resources as part of a broader offer to help Saudi Arabia with its shift away from oil dependence. ( read original story ...)
Yokohama Rubber : Chelsea FC Concludes Successful Season that included the Premier League Title
London's Chelsea Football Club, for which Yokohama Rubber is an official shirt partner, has concluded its highly successful 2016-17 season, which included capturing the league title of the English Premier League for the second time in three years and the ... ( read original story ...)
OECD says IPO underwriting fees ‘akin to tacit collusion’
It quoted data showing the median underwriting fee for IPOs in the United States is 7 percent of total proceeds from the IPO and has risen to 8 percent in Japan and China, doubling in the case of China within a couple of years. At the same time ... ( read original story ...)
Goldman-Backed Games Startup Aims for Vietnam’s First IPO Abroad
Minh did not disclose the timing or size of VNG’s IPO. Prime Minister Nguyen Xuan Phuc ... Its chat app Zalo has more than 70 million users in Vietnam and countries including Myanmar, Japan, South Korea, Malaysia and Taiwan. “It’s a very good ... ( read original story ...)
Ex-Osaka mayor Hashimoto to retire as policy adviser for Nippon Ishin
OSAKA – Former Osaka Mayor Toru Hashimoto will step down Wednesday as a policy adviser for the opposition Nippon Ishin no Kai as he seeks to maintain political neutrality, sources said Tuesday. Hashimoto, who ended his career as a politician in 2015, has ... ( read original story ...)
Tokyo’s female governor takes on Japan’s old-boy network, but denies run for PM
For now, the former defense minister says her sights are set firmly on a July 2 Tokyo metropolitan assembly poll, where she's targeting a majority for her fledgling "Tokyo Citizens First" party and its allies. Koike, in an interview with Reuters ... ( read original story ...)
DBS, Nishi-Nippon City Bank collaborate to support Japanese SMEs
They will offer discounting of exports bills. Japanese bank Nishi-Nippon City Bank (NCB) recently signed a memorandum of understanding with DBS, Southeast Asia’s largest bank. This memorandum fosters the greater collaboration and support for Japanese ... ( read original story ...)
Japan’s April Jobless Rate at 2.8 Percent
May.29 -- Japan's jobless rate remained at the lowest in more than two decades last month, but household spending remained mired in a long slump. Bloomberg's Rosalind Chin reports on "Bloomberg Daybreak: Asia." ( read original story ...)
HRnetGroup readies for $175m IPO
It now operates in 10 Asian cities: Singapore, Kuala Lumpur, Bangkok, Hong Kong, Taipei, Guangzhou, Shanghai, Beijing, Tokyo and Seoul ... group has turned a profit every year except in 1998. IPO proceeds will be used for business expansion and potential ... ( read original story ...)
CORRECTED-Japan’s Nikkei slips as yen gains on Italy’s political uncertainties
TOKYO May 30 Japan's Nikkei share average slipped on Tuesday, with the equity market feeling downward pressure from a stronger yen, which hurts big manufacturers' export revenues. The Nikkei lost 0.5 percent to 19,487.71. The yen advanced to a 12-day high ... ( read original story ...)
Is China’s economy turning Japanese?
But for Mr Xi another historical event from the same era may warrant more immediate attention. It is just over 30 years since Japan began inflating a property and stock market bubble whose implosion ravaged public confidence, cowed corporations and scarred ... ( read original story ...)
Japan puts free early education, drug reform on wish list
TOKYO -- Free nursery school and kindergarten for families nationwide as well as tighter control of ballooning medical costs highlight Japan's newest strategies to achieve growth, The Nikkei learned Monday. The government's policy and reform draft ... ( read original story ...)
Japan’s Banks Could Benefit From Riskier Lending
That would help Japan’s banks unleash trapped regulatory capital, improving their Tier 1 capital ratios by an estimated net 0.8 percentage point. Previous bank strategies like ramping up overseas lending and buying assets with dollar deposits to fund ... ( read original story ...)
Japan vows to take action with US after North Korea missile test
The missile flew for six minutes until it landed in the Sea of Japan. US officials told Fox News a North Korean MiG fighter jet crashed near the launch site of the latest surface-to-air missile test. Japanese Chief Cabinet Secretary Yoshihide Suga said the ... ( read original story ...)
Favoring Osaka, Macau billionaire says Tokyo doesn’t need a casino
Lawrence Ho, the billionaire owner of Melco Resorts & Entertainment, said he favors building a casino in Osaka rather than Tokyo because there are more opportunities to develop the smaller city as an entertainment destination. Ho is among industry ... ( read original story ...)
Tokyo bath house offering naked lectures to increase clientele
A public bath house in Tokyo is offering classes to its naked customers, hoping the experience of learning in the nude will not only be liberating but also bring back a young audience to the dying tradition of communal baths. ( read original story ...)