Japan's Nikkei falls to lowest level since mid-January

TOKYO, April 6 Japan's Nikkei share average fell to the lowest level since mid-January in early trade on Thursday as weak Wall Street performances soured sentiment, while a stronger yen pressured the overall market. The Nikkei dropped 1.0 percent to 18,668 ... ( read original story ...)

Japan's Nikkei edges up as yen rally loses steam

TOKYO, April 5 Japan's Nikkei share average gained on Wednesday as the yen rally paused, although investor caution ahead of an upcoming U.S.-China summit limited the gains. The Nikkei rose 0.3 percent to end at 18,861.27. Banks and insurers, which seek ... ( read original story ...)

Japan's economy marks third-longest postwar recovery

TOKYO -- Japan's economic recovery has become its third-longest since World War II, driven by higher corporate profits and public works spending. Yet weak wage growth has made improvements tepid and hard to detect. The recovery likely continued through ... ( read original story ...)

Japan's services PMI hits 19-month high in March

TOKYO -- The Nikkei Japan Services Purchasing Managers' Index, or PMI, edged up to a 19-month high of 52.9 in March from February's 51.3. A reading above 50 indicates economic expansion, while one below 50 points toward a contraction. In March, the growth ... ( read original story ...)

Nikkei drops to 4-month low as Asian markets pull back

That means there is “no short term catalyst for U.S. equity to go up,” said Kyoya Okazawa, head of global markets for BNP Paribas in Japan, and less support for equities elsewhere. The Nikkei Stock Average NIK, -1.40% hit a four-month low Thursday ... ( read original story ...)

China comes roaring back in the global IPO market

Japan, the runner-up in Asia's IPO race for the quarter, hosted two of the five largest flotations in the region: a $611 million share issue by Sushiro Global Holdings, an Osaka-based conveyor-belt sushi chain backed by European private equity firm Permira ... ( read original story ...)

Nikkei rises as yen takes breather; financials fall

TOKYO, April 5 Japan's Nikkei share average rose on Wednesday morning after the yen rally paused, but financial stocks slipped on falling U.S. yields, while North Korea's launch of a ballistic missile hurt the overall market sentiment. Investors kept to ... ( read original story ...)

Obstacles litter Tokyo's path to becoming a global financial hub

TOKYO -- Deeply ingrained industry practices that turn off foreign asset managers could hamper the Japanese capital's transformation into an international financial hub as envisioned by Tokyo Gov. Yuriko Koike. The Tokyo Metropolitan Government has been ... ( read original story ...)

Japan manufacturing PMI down to 52.4 in March

TOKYO -- The Nikkei Japan Manufacturing Purchasing Managers' Index, or PMI, dropped to 52.4 in March from 53.3 in February. A reading above 50 signals an improvement, while one below 50 points to a contraction in activity. March's PMI recorded the above-50 ... ( read original story ...)