World stocks are mostly higher Friday after Japan's central bank kept its ultra-lax monetary stance intact, lifting Asian sentiment and propping up the dollar. News of another Greek bailout shored up European shares. KEEPING SCORE: European shares rose in ... ( read original story ...)
Nikkei rises for 1st time this week on weak yen; Takata trade suspended
TOKYO, June 16 Japan's Nikkei share average rebounded on Friday morning, rising for the first time in the week as the dollar bounced against the yen after solid U.S. data, while financial stocks attracted strong gains. Trading in Takata Corp stock was ... ( read original story ...)
Bank of Japan keeps policy steady, upgrades economic outlook
The Bank of Japan has opted to keep its lax monetary policy intact, while noting signs of improvement in the world's third largest economy. A BOJ statement issued Friday said it expects demand to accelerate, supporting a "moderate expansion." The central ... ( read original story ...)
Japan’s ruling bloc rams through conspiracy bill
but there is a clear trajectory" toward making pacifist Japan a more normal country. Still, the bill has sharply divided the public, with a recent Nikkei poll showing 44% in favor and 37% against. Lately, hundreds of protesters have been gathering outside ... ( read original story ...)
Japan readies whaling law to counter activists
TOKYO -- A bill promoting Japan's research whaling program moved closer to enactment this week, potentially giving the government new tools to fend off conservationists and increase the consumption of whale meat. A committee in the upper house of the Diet ... ( read original story ...)
Japan Exporters, Banks Slide Before BOJ Meeting; Defensives Gain
Shares in Tokyo slipped as the yen held gains against the dollar before the Bank of Japan’s monetary policy meeting on Friday. Financial shares and exporters slid, weighing most on the benchmark Topix index. Defensive stocks including builders ... ( read original story ...)
Shhh…The Bank of Japan Is Buying Fewer Bonds
Don’t look now, but Japan’s central bank is slowing its vast bond-buying exercise. The Bank of Japan bought just ¥7.89 trillion ($71.6 billion) worth of Japanese government debt last month, according to J.P. Morgan. While that sounds like a lot, it is ... ( read original story ...)
Robotics startup ZMP partners with Tokyo taxi firm for 2020 self-driving car plans
It hopes to test autonomous cars without a driver this year. Taniguchi declined to comment on ZMP's IPO plans. He had said in February that ZMP hoped to list in Tokyo in the coming months, after a delay last year due to client information being leaked on ... ( read original story ...)
500 Startups closes $35M Japan fund with the backing of the Japanese government
“[Cool Japan’s involvement] is symbolic in a way because there ... who in the past would push for an exit via IPO as a risk-averse way to ensure a return on investment. “Historically if you wanted to do a $20 million-$30 million round you didn ... ( read original story ...)
Italy’s state railways picks Nomura as adviser for listing -sources
MILAN, June 14 Italian state railways Ferrovie dello Stato (IPO-FERRO.MI) has picked Japan's Nomura as adviser to help it prepare for a possible listing on the Milan stock exchange, two sources close to the matter said. The rail operator, wholly owned by ... ( read original story ...)
Nikkei edges up tracking Wall Street; activity subdued ahead of Fed
TOKYO, June 14 Japan's Nikkei share average rose on Wednesday morning tracking overnight gains on Wall Street, but activity was subdued ahead of the Federal Reserve's monetary policy decision. The Nikkei rose 0.3 percent to 19,953.33 in midmorning trade. ( read original story ...)
Japan Motors and Stanbic launch Auto Finance promo
Ghana’s automobile Industry has been boosted with the launch of an Auto financing promo by Japan Motors Trading Company Limited (JMTC) in collaboration with Stanbic bank. Christened, O percent deposit, the new Promo will now allow customers to purchase ... ( read original story ...)
Japan aims to boost yen-to-baht exchanges with direct currency trading
The ministry will also call on the Japanese Bankers Association to extend its yen-clearing system, now only available at home, to Japanese bank operations in Asia. This could speed up yen-denominated transfers. ( read original story ...)
Japan won’t set uniform restrictions on regional bank bond holdings-Aso
TOKYO, June 13 Japan has no plan to set a one-size-fits-all rule restricting regional banks from holding government bonds, Taro Aso, minister in charge of financial regulation, said on Tuesday. A new regulatory framework under consideration by the ... ( read original story ...)
Japan aims to boost yen’s status with direct currency trading
TOKYO -- To encourage more businesses to use the yen and other Asian currencies, Japan's Finance Ministry announced a comprehensive plan Monday to launch direct currency trading with other regional players. The ministry will first enter talks with Thailand. ( read original story ...)
Japan’s financial watchdog to ease up on banks
TOKYO -- Japan's financial watchdog is preparing to ease its stringent ... had gathered in Tokyo in May for the annual meeting of the Institute of International Finance. "From now on, however, we need to look at the overall performance of the vehicle." ( read original story ...)