TOKYO (Reuters) - Flea market app operator Mercari Inc has received approval for an initial public offering in Tokyo that will raise up to $1.1 billion, a regulatory filing showed on Monday, giving investors a rare chance to buy into a Japanese unicorn ... ( read original story ...)
Japan tightens border controls against smuggled gold and drugs
TOKYO -- At a Tokyo customs inspection site in late April, airfreight from China to Japan's main international gateway, Narita Airport, is being carefully examined. Gloved officials pull wallets from packed boxes, checking each one closely, running through ... ( read original story ...)
Turn the Post Office into a bank? First check Japan
The greatest public speaker I've ever seen was former Japanese Prime Minister Junichiro Koizumi. I watched him in 2005 as he gave a speech to a crowd outside a train station. He thundered, cajoled and generally mesmerized the assembled throng. This was all ... ( read original story ...)
Tokyo stocks rise for third straight session
Tokyo stocks rose for the third consecutive session Monday on a weak yen, as market sentiment stayed positive on sound corporate earnings and expectations that US inflation will stay low. The benchmark Nikkei 225 index gained 0.47 percent or 107.38 points ... ( read original story ...)
Paktor heads towards IPO through M17, eyes Japan and South Korea expansion
Paktor is headed towards an IPO through M17 Entertainment. M17 Entertainment includes 17 Media, a Taiwanese live streaming service and Singaporean dating app Paktor, and is eyeing a raise of US$115 million public on the New York Stock Exchange. According ... ( read original story ...)
Nikkei edges up in choppy trade; Shiseido hits record high on strong Q1
TOKYO, May 14 (Reuters) - Japan’s Nikkei share average edged up in choppy trade on Monday morning following sharp gains in cosmetics maker Shiseido after better-than-expected earnings offset weak tech shares, which tracked declines in their U.S ... ( read original story ...)
Finance Ministry to unveil huge pile of ‘discarded’ Moritomo land deal docs
TOKYO -- The Finance Ministry is set to submit to the Diet several hundred pages of documents recording its negotiations over the heavily discounted sale of state land to school operator Moritomo Gakuen -- after a ministry official told the Diet that such ... ( read original story ...)
Japan and China agree on mechanism to avoid armed skirmishes
TOKYO -- In a move aimed at preventing accidental military clashes, Japan and China have agreed to implement a bilateral communication mechanism starting on June 8. The agreement, which ends 11 years of negotiations to establish the Maritime and Aerial ... ( read original story ...)
Bank of Japan Weighs Policy Response as Economy Faces Recession Again
Japan’s central bank might review its unconventional policies in the face of a looming recession, as a likely economic contraction in 1Q18 – if confirmed – would snap the nation’s longest period of GDP growth since the 1980s bubble economy. ( read original story ...)
Japan Post gains ground as parcel delivery stalwarts struggle
TOKYO -- Japan Post is closing the gap with the country's leading parcel shippers thanks to a surge of cost-conscious customers, as the e-commerce explosion pushes its understaffed rivals to raise rates and limit package volumes. In absolute terms ... ( read original story ...)
Nikkei hits 3-month high on solid earnings, Wall Street surge; Suzuki, Panasonic shine
The broader Topix rose 0.98 per cent to 1,794.96. TOKYO: Japan's Nikkei share average rose to a three-month high on Friday, buoyed by tepid US inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for ... ( read original story ...)
Xiaomi’s Hong Kong IPO Is Expected to Be World’s Biggest This Year
HONG KONG—Xiaomi Corp., one of China’s top smartphone makers, said it would launch its initial public offering in Hong Kong—bringing to the city what is expected to be the world’s biggest IPO this year ... Display 2014, Tokyo $3.1 First Data ... ( read original story ...)
Nikkei hits 3-mth high on solid earnings, Wall St surge; Suzuki, Panasonic shine
TOKYO, May 11 (Reuters) - Japan’s Nikkei share average rose to a three-month high on Friday, buoyed by tepid U.S. inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for several companies posting ... ( read original story ...)
Nikkei rises as risk appetite recovers; Toyota drives higher again
Toyota Motor rose 2.3 per cent to 7,592 yen, a fresh three-month high, and was the most traded stock by turnover. TOKYO: Japan's Nikkei share average rose on Thursday as gains on Wall Street and a steady yen boosted investors' risk appetite, while Toyota ... ( read original story ...)
Nikkei hits 3-month highs after Wall St rally; Suzuki, Panasonic shine
TOKYO, May 11 (Reuters) - Japan’s Nikkei share average rose to three-month highs on Friday, buoyed by a surge on Wall Street after weaker-than-expected U.S. inflation data eased concerns over the Federal Reserve hiking interest rates at an accelerated pace. ( read original story ...)
Asia stocks slip, Nikkei 225 back into ¥22,400
Asian stocks tripped over the US' Iran accord pullout but recovered quickly. Japan's Nikkei index is the loser of the bunch for now, struggling to pare off the day's early losses. Asia equities started Wednesday on a rough note, but most indexes have ... ( read original story ...)