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 ...)
Nikkei plunges to 4-month intraday low on Fed minutes – https://t.co/pFLhs6aSEM
04/05 $NKD_F #Nikkei may see sellers at 19034 - 19181 area for at least a 3 waves p.. 04/05 Heads Up: JPY Nikkei Japan PMI Composite (MAR) due at 00:30:00 GMT (15min) .. 04/05 Heads Up: JPY Nikkei Japan PMI Services (MAR) due at 00:30:00 GMT (15min ... ( 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 ...)
Japanese finance bureau charged over Moritomo Gakuen land deal, nationalist school operator sued
According to local media reports, Municipal Assembly member Makoto Kimura from Toyonaka City, Osaka, where the land is located, and local residents, filed the charges against the finance bureau. The bureau was in charge of negotiating the contentious deal. ( read original story ...)
Adtech company AdAsia Holdings raises US$12M, has eyes set toward IPO
AdAsia has been planning to IPO from day one, and plans to list in either Hong Kong or Tokyo by 2019 AdAsia Holdings, a Singaporean advertising technology startup announced today it has raised a US$12 million Series A from JAFCO Asia. The deal is one of ... ( read original story ...)
Japan's service sector expands at strongest pace in 19 months in March – PMI
TOKYO, April 5 (Reuters) - Activity in Japan's services sector expanded at the fastest pace in 19 months in March as oustanding business improved, allowing companies to charge more for their goods, a private survey showed on Wednesday. The Markit/Nikkei ... ( 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 ...)
Nikkei drops to 10-week lows; automakers tumble on weaker than expected U.S. sales
TOKYO, April 4 Japan's Nikkei share average fell on Tuesday to 10-week lows as the safe-haven yen rose and as automakers tumbled on weaker-than-expected U.S. sales. Financial stocks such as banks and insurers, which seek to boost returns from higher ... ( read original story ...)
Nikkei edges up but upbeat tankan fails to brighten exporters' sentiment
with an upbeat Bank Of Japan survey failing to overcome lingering worries about the outlook for exporters. The Nikkei's gained 0.4 percent to 18,983.23, not so far from a seven-week closing low of 18,909.26 hit last Friday. A closely watched central bank ... ( read original story ...)
Nikkei drops on strong yen; automakers tumble on weaker than expected US sales
TOKYO, April 4 Japan's Nikkei share average fell on Tuesday as the safe-haven yen rose and as automakers tumbled on weaker-than-expected U.S. sales. Financial stocks such as banks and insurers, which seek to boost returns from higher yielding U.S. bonds ... ( 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 ...)