TOKYO -- Corporate Japan has seen a rapid increase in unrealized gains on their shareholdings as the stock market has rallied, with big banks' paper profits reaching a 22-year high. For banks ... ( read original story ...)
Scandal-hit Suruga Bank ordered to halt new property loans for 6 months
a midsized bank mired in a lending scandal, to stop making new loans for property investments for six months. The scandal has sent ripples through Japan’s banking industry where Suruga was a darling o... ( read original story ...)
Major Crypto Exchange Bitfinex Obtains Banking Partner in HSBC, Will it Last?
Already, most exchanges in major markets like Japan and South Korea have obtained banking services by large financial institutions and commercial banks in their respective countries. If Bitfinex ... ( read original story ...)
Japan’s new language test designed to ease labor immigration
TOKYO -- Foreigners who want to work in Japan will be able to take a new test of Japanese language proficiency as soon as next April, one with a greater emphasis on practical expressions used in ... ( read original story ...)
Sayonara Tsukiji! Relocation of Tokyo’s famed fish market begins
Hundreds of fishmongers on forklifts and trucks rose before dawn in Tokyo to join a mammoth exodus of vendors as the world-famous Tsukiji market relocates to a new site. In small vehicles and the mark... ( read original story ...)
Nikkei drops to 2-week lows as U.S. bond yields soar, but bank stocks rise
TOKYO, Oct 5 (Reuters) - Japan’s Nikkei fell to its lowest close in two-weeks on Friday, tracking weakness on Wall Street as rising U.S. Treasury yields have dimmed the allure of most stocks except fi... ( read original story ...)
Japanese IPO fundraising more than triples in 2018
TOKYO -- Money raised from this year's initial public offerings in Japan reached 175.8 billion yen ($1.54 billion) at the end of September, increasing more than threefold on the year as big names ... ( read original story ...)
Japan joins race to develop Arctic resources
TOKYO -- With both Russia and China expanding their presence in the Arctic, Japan looks to ensure it also has a voice in the development of the resource-rich but environmentally sensitive region. ( read original story ...)
Japan orders scandal-hit Suruga Bank to halt new property loans for 6 months
TOKYO (Reuters) - Japan’s Financial Services Agency (FSA) said on Friday it had ordered Suruga Bank, a midsized bank mired in a lending scandal, to stop making new loans for property investments for s... ( read original story ...)
Japan’s next-generation Shinkansen is its coolest bullet train yet
Japan’s bullet trains feature some of the coolest train designs in the world, those sleek front cars maximizing their efficiency as they hurtle between the nation’s major cities. Each new ... ( read original story ...)
Tokyo’s legendary Tsukiji fish market closes
The rasp of tuna saws, the whirr of electric carts and the patter of the fishmongers — on Saturday they will all fall silent, as Tokyo’s legendary Tsukiji fish market closes for the final time. Frozen ... ( read original story ...)
SoftBank-Backed Guardant Soars in Trading Debut After U.S. IPO
The company raised $360 million last year from investors led by Japan’s SoftBank ... will hold 9 percent after the IPO. JPMorgan Chase & Co. and Bank of America Corp. led the offering. ( read original story ...)
Tokyo Century, All Nippon Airways Trading to acquire stake in GA Telesis
Japan-based financial services company Tokyo Century Corp., in partnership with Japanese multinational service and solution provider All Nippon Airways Trading Company (ANATC) have entered an agreemen... ( read original story ...)
Japanese Yen Stymied as Bank of Japan Stimulus Ploughs On, and On
Financial markets, economics, journalism and fundamental analysis. I’d like to receive information from Daily FX and IG about trading opportunities and their products and services via email. But don't ... ( read original story ...)
Nikkei index runs ahead of Abenomics
Might this latest rally, one driving the Nikkei Stock Average to its highest levels since 1991, end badly too? Only time will tell. Yet Japan's bull market has arguably entered the euphoria stage ... ( read original story ...)
Nikkei, Hang Seng about flat after making up early losses
Japan’s Nikkei NIK, -0.06% was last about flat, after suffering early losses from the auto, energy and insurance sectors. Major automakers tumbled, with Toyota 7203, -2.02% and Honda 7267, -3.10% each ... ( read original story ...)