Japan’s Mizuho Financial Group will start a venture next month to create new fintech businesses and catch up with its rivals, according to Reuters. As Banking Technology reported last month, Mizuho Financial Group, Mizuho Bank and IBM Japan teamed up to ... ( read original story ...)
M&A lifts Japan’s 2016 net external assets to second largest on record
TOKYO Japan's net external assets rose to their second-highest amount on record at end-2016 driven by rising mergers and acquisitions overseas by Japanese firms and portfolio investment, the Ministry of Finance (MOF) said on Friday. The net value of assets ... ( read original story ...)
Japan’s 2016 net external assets rose to second-largest on record
Japan’s net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by ... ( read original story ...)
Nikkei slips as yen edges up, but poised for weekly gains
Stronger yen offsets effect of record closes on Wall Street * Nikkei heavy ahead of 20,000-point level - strategist TOKYO May 26 Japan's Nikkei share average remained solidly on track for a winning week on Friday, underpinned by record closing highs on ... ( read original story ...)
Japan’s Mizuho diving into fintech
The Japanese megabank's recently installed chief digital innovation officer, Daisuke Yamada, will head the affiliate. Mizuho "is finished studying, and moving on to practical application" of fintech, President Yasuhiro Sato said. The new entity ... ( read original story ...)
Japan panel urges government to impose delayed sales tax hike to balance budget
TOKYO Japan must not delay a sales tax hike scheduled for October 2019 as the revenue is needed to cover bulging social security costs and achieve the target of balancing the budget in four years, an advisory panel to Finance Minister Taro Aso said on ... ( read original story ...)
Japan panel urges governemnt to impose delayed sales tax hike to balance budget
TOKYO Japan must not delay a sales tax hike scheduled for October 2019 as the revenue is needed to cover bulging social security costs and achieve the target of balancing the budget in four years, an advisory panel to Finance Minister Taro Aso said on ... ( read original story ...)
Nikkei edges up after yen softens, SoftBank surges
TOKYO, May 25 Japanese stocks edged up on Thursday as investors bought ... a near two-week high of 8,894 yen and contributed to a hefty 31 positive points to the Nikkei after Bloomberg reported that the company had built a $4 billion stake in Nvidia. ( read original story ...)
Japan’s Nikkei hits 17-mth high on sagging yen, higher Wall Street
TOKYO May 16 Japan's Nikkei share average rose to a 17-month high on Tuesday, drawing support from a sagging yen and Wall Street hitting record highs overnight. The Nikkei was up 0.3 percent at 19,925.20, having come off an early high of 19,998.49, its ... ( read original story ...)
Nikkei, TV Tokyo, TBS, others team on video streaming
Nikkei and TV Tokyo will contribute economic news ... The partners also intend to seek content from other media companies in and outside Japan to enrich the lineup. New technologies such as artificial intelligence may be used to analyze viewing data ... ( read original story ...)
Japan’s Kajima, Obayashi branching out beyond construction
TOKYO -- Armed with growing war chests amid a construction boom, Japan's general contractors are expanding their horizons to ensure growth even after building demand slows following the 2020 Olympics here. Kajima is allocating 20 billion yen ($179 million ... ( read original story ...)
NIKKEI : Japan Inc sees better opportunities beyond China’s ‘Belt and Road’
A vast majority of Japanese companies have no interest to participate in China's sweeping "Belt and Road" initiative, seeing greater business opportunities in other international economic co-operation, a Reuters poll shows. Only 5 percent of 220 ... ( read original story ...)
Japan’s TBS and Nikkei Head Video Platform Launch
Six of the biggest media companies in Japan are to launch a new video platform. It will be specifically targeted at smartphone users. Called Premium Platform Japan, the new venture will launch in July and begin pay-streaming services in April of next year. ( read original story ...)
NIKKEI 225 increased 130 points or 0.66%
It is a price-weighted index. The Nikkei 225 has a base value of 176.21 as of May 16, 1949. This page provides – Japan Stock Market (NIKKEI 225) – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan NIKKEI 225 ... ( read original story ...)
SPOTLIGHT ON: KIMONO CULTURE
Kimono Culture: The Beauty of Japanese Culture Viewed Through the Lens of Kimono is an ongoing exhibition at the Nikkei National Museum, running until Sept. 3. The exhibit explores the beauty of Japanese culture through the lens of kimono - the traditional ... ( read original story ...)
Nikkei hits 1-wk closing high; exporters, financials gain
TOKYO May 24 Japan's Nikkei share average rose on Wednesday to a one-week closing high helped by exporters after the dollar gained against the yen, while financials outperformed thanks to a rise in U.S. Treasury yields. The Nikkei ended 0.7 percent higher ... ( read original story ...)