Tokyo follows Wall Street fall as Toshiba stocks plunge again

Tokyo followed Wall Street lower Thursday and oil edged down from recent highs as Toshiba's stock plunged for the third straight day. The Dow receded after nearing the historic 20,000 benchmark with shares of some banks falling more than one percent after ... ( read original story ...)

BOJ Kuroda sees steady Japan recovery next year – Nikkei

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said he expects Japan's economy to enjoy a steady recovery throughout next year as global headwinds die down, according to the Nikkei newspaper, reinforcing market expectations that the central bank ... ( read original story ...)

Nikkei drops to near 3-week low hit by weak Wall St, strong yen

TOKYO Dec 29 Japan's Nikkei share average fell to a near three-week low on Thursday as weakness on Wall Street and a stronger yen hurt sentiment, but Takata Corp surged 16 percent on news that it could settle U.S. criminal charges over defective air bags. ( read original story ...)

Japan Inc. taking responsibility for work reform

TOKYO -- The resignation of Dentsu's president over an employee's overwork-related suicide shows that Japanese corporate management is taking the issue of work conditions seriously, acknowledging the need to revise practices and prioritize the well-being ... ( read original story ...)

Dollar dips, Nikkei slugged by Toshiba selloff

Japan's Nikkei shed 1.3 percent as the yen firmed and Toshiba Corp dived 16 percent after news of potential massive writedowns led to a downgrade of its credit ratings. S&P said it expected shareholder equity to "drastically shrink", eroding the ... ( read original story ...)

Top 3 ETFs to Track the Nikkei in 2017 (JPNH, HJPX)

Among exchange-traded funds (ETFs) that seek to provide exposure to Japanese markets, ETFs that track the Nikkei are fairly rare. Many ETFs that track the Japanese market track the MSCI Japan Index, the Nasdaq AlphaDEX Japan Index, or the FTSE Japan 100% ... ( read original story ...)

Hong Kong and New York battle for IPO dominance

Tokyo and Copenhagen rounded out the top with $9.6bn and $ ... Hopes for improvement rest heavily on the tech sector. Heading the 2017 IPO list is Snap, the messaging app readying for a New York listing as soon as March. Bankers will be seeking a repeat ... ( read original story ...)

Tokyo ends flat as Toshiba shares plunge again

Tokyo shares ended flat Wednesday despite Toshiba's second straight double-digit plunge, in quiet Asian trading before the New Year, while US crude oil finally ended a winning streak. Stock in the troubled Japanese conglomerate plummeted more than 20 ... ( read original story ...)

Nikkei flat in thin trade; Toshiba dives as Hitachi soars

TOKYO, Dec 28 Japan's Nikkei share average was flat on Wednesday morning in thin end-of-year trade, while Toshiba Corp tumbled 20 percent on continued concerns about posting a big special loss. The Nikkei was barely changed at 19,401.70 in midmorning trade ... ( read original story ...)

Japan firms ramp up output, signs economy brightening

Japan’s factory output rose in November and manufacturers expect to ramp up production in coming months, data showed on Wednesday, underscoring the central bank’s view that a pick-up in global demand will underpin a steady economic recovery. ( read original story ...)

Tokyo shrugs off plunging Toshiba shares as traders look ahead

Tokyo shrugged off nosediving Toshiba shares to trade flat Wednesday morning, but US crude finally ended a winning streak as trading volumes remained light ahead of the New Year. The troubled Japanese conglomerate's stock plunged 20 percent after it ... ( read original story ...)

Tokyo stocks snap three-day decline in thin holiday trade

"The financial markets seem to have already priced in expectations toward a Trump presidency, and are shifting toward a market that’s waiting to gauge his actual policies," Hideyuki Ishiguro, a senior strategist at Daiwa Securities in Tokyo, told ... ( read original story ...)