Japan's economy is forecast to contract in July to September, and a recent slump in machinery orders suggests any rebound in the following quarters is likely to be weak if exports and business ... ( read original story ...)
Japan’s SoftBank steps closer to transformation with mammoth mobile IPO
SoftBank Group Corp has won approval to conduct a 2.4 trillion yen ($21.04-billion) initial public offering (IPO) of its domestic telecoms business, in a deal that will seal the group’s transformation ... ( read original story ...)
Nikkei edges up in choppy trade, defensive shares outperform
TOKYO, Nov 12 (Reuters) - Japan’s Nikkei edged up in choppy trade on Monday as buying of cheapened stocks was largely offset by cautious sentiment driven by weakness on Wall Street and falling U.S. te... ( read original story ...)
Japan’s SoftBank steps closer to transformation with $21 billion mobile IPO
TOKYO (Reuters) - SoftBank Group Corp's domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange through one of the biggest-ever initial public offerings (IPO) a... ( read original story ...)
Tokyo 2020 Olympics Implicated In Sourcing Tainted Wood: Activists Claim
“BNI has committed to be a pioneer in sustainable finance,” said Edi Sutrisno from TuK-Indonesia ... and supplying plywood from those mills for the construction of Tokyo 2020 Olympics venues. Photogra... ( read original story ...)
SoftBank’s mobile unit launches $21 billion IPO: filing
domestic telecoms unit on Monday received approval to list on the Tokyo Stock Exchange in an initial public offering (IPO) worth 2.4 trillion yen ($21.04 billion), a regulatory filing showed, one of t... ( read original story ...)
SoftBank Unveils $21 Billion IPO of Japan Mobile Business
(Bloomberg) -- SoftBank Group Corp. is seeking to raise 2.4 trillion yen ($21.1 billion) in the initial public offering of its domestic telecom operations scheduled for Dec. 19. The Japanese technolog... ( read original story ...)
Activist funds jump 50% to hit record levels in Japan
IR Japan, one of the country's leading investor ... rock star," Oasis Chief Operating Officer Phillip Meyer told the Nikkei Asian Review. Not counting Kumagai's shares, company data shows that ... ( read original story ...)
Is Shinzo Abe offering Japan’s Samurai bonds as a foil against China’s debt diplomacy?
Now, whether by intention or otherwise, Abe’s agreement to give a government guarantee via the official Japan Bank for International Cooperation to Malaysian borrowing through the Samurai market - whe... ( read original story ...)
Russian state bank secretly financed Rosneft sale after foreign buyers baulked
Japan’s Ministry of Economy ... In the past, Rosneft had gone to major Western banks, such as Deutsche Bank and JP Morgan, to finance transactions, but the big international lenders have announced no ... ( read original story ...)
Japan’s millennials lap up ‘3rd wave’ Korean boom despite political tension
TOKYO -- Japan's youth marketing startup AMF is catching the "third wave" Korean boom that is currently trending among Japanese millennials. This time it's appealing not just to fans of pop idols ... ( read original story ...)
SoftBank charges ahead with investment as mobile IPO nears
"Next year, we will far exceed the scale we are seeing this year, and maybe a scale never experienced before in Japan," he said. Another important purpose of the IPO is to strengthen group finances. ( read original story ...)
Japan corporate earnings teeter on China trade fears
TOKYO -- Earnings at Japan's listed companies look set to drop ... Aggregate net profit at 1,346 large companies tracked by Nikkei is forecast to fall to about 12.9 trillion yen ($113 billion ... ( read original story ...)
Japan to keep deposit cap at state-backed postal bank
TOKYO -- The Japanese government has decided not to scrap the cap on deposits at Japan Post Bank for now, heeding concerns that doing so would give the state-backed bank an unfair advantage over ... ( read original story ...)
Taiwan envoy to ask Japan to back island’s bid for TPP membership
"Even Japan might not want to ruin its relationship ... planning to relocate manufacturing to Indonesia, Vietnam and India. Nikkei staff writers Chien Chia-hung and Wu Li-ling contributed to ... ( read original story ...)
Nikkei ends lower, China-focused shares slip
TOKYO, Nov 9 (Reuters) - Japan’s Nikkei ended the week on a sour note, tracking broader losses in global equities markets, and as worries about further Sino-U.S. trade tensions weighed on some China-f... ( read original story ...)