In an initiative to enhance clinical development in Japan, PAREXEL International Corporation PRXL, a global biopharmaceutical services company and provider of clinical research and logistics has formed an alliance with Osaka International Cancer Institute ... ( read original story ...)
Japan exports surge at fastest in nearly four years on global demand
The rise in Japan's exports to the United States in August was the fastest since December 2014, finance ministry data showed. China-bound exports rose 25.8 percent year-on-year in August, faster than a 17.6 percent annual increase in July as Japan shipped ... ( read original story ...)
Nikkei flat after sharp rally; investors await Fed
TOKYO, Sept 20 (Reuters) - Japan’s Nikkei share average was nearly flat on Wednesday morning after scaling more than two-year highs on the previous day, while investors stayed cautious before the U.S. Federal Reserve’s policy meeting which ends later ... ( read original story ...)
Japan Post pushes the envelope with share sale
says an international fund manager based in Tokyo. But with the bookbuilding process officially under way ahead of the shares’ pricing on September 27, sales efforts are frenetic. And once again, like its IPO two years ago, retail investors are the main ... ( read original story ...)
Nikkei surges to 2-year high, but other Asian markets sag
But Japanese stocks wasted no time matching the broad stock gains seen in other Asian markets Monday. Opening above 20,000, a level not seen in six weeks, the benchmark Nikkei index NIK, +1.96% closed up 1.96% at 20,299.38, the best finish since Aug. 15 ... ( read original story ...)
Global shares mixed but Nikkei rises on yen, muted elsewhere
S&P 500 futures were virtually unchanged at 2,502.40. ASIA'S DAY: Japan's benchmark Nikkei 225 added nearly 2.0 percent to finish at 20,299.38, coming off a national holiday on Monday. Australia's S&P/ASX 200 edged down 0.1 percent to 5,713.60. South Korea ... ( read original story ...)
DIARY-Top Economic Events to Nov 29
FRANKFURT - ECB Governing Council meeting. No interest rate announcements scheduled. TOKYO - Bank of Japan monetary policy meeting (to September 21). THURSDAY, SEPTEMBER 21 FRANKFURT - ECB Board member Peter Praet chairing the policy panel at the ECB ... ( read original story ...)
Shizuoka Bank Ltd (8355) Moves Up 3.22% on Sep 19
When the Global Financial Crisis of 2008 broke out; the Japanese equity market is one of those that had taken a great hit. In October 2008, the Nikkei 225 had sunk below the 7,000 mark, down by about 80% from its all-time high. Shizuoka Bank Ltd is a stock ... ( read original story ...)
Japanese bank executive alarmed by N Korea’s missile launch
North Korea’s recent missile launch over Japan did not elicit much reaction from the markets, though executives did express concern. The chairman of Japan’s largest bank warned that North Korea’s missile launch on Friday must be a cause for worry. ( read original story ...)
As Japanese banks shed ATMs, convenience stores take up the slack
TOKYO -- With convenience stores almost everywhere in Japan -- many with automated teller machines -- there is less reason than ever for customers to seek out bank-operated ATMs. In a country where many people still prefer to use cash, Japanese banks for ... ( read original story ...)
Global Economy Week Ahead: Fed and Bank of Japan Meetings, Eurozone PMI
Central banks will be in the spotlight this week, with the Federal Reserve and Bank of Japan releasing policy statements. The U.S. also will see existing-home sales data and jobless claims figures that could reflect hurricane damage. WEDNESDAY: The ... ( read original story ...)
Japan exports seen rising anew in August
TOKYO: Japan’s exports were expected to rise for a ninth straight month in August, a Reuters poll showed on Friday, underscoring the important role of foreign demand in driving economic recovery. Analysts also expect the Bank of Japan to keep policy ... ( read original story ...)
MUFG CEO on Dimon Remarks: Bank Cryptocurrencies Have ‘Nothing to Do With Bitcoin’
The chief executive of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is seeking to differentiate a blockchain project his bank is involved with from bitcoin following notable comments last week from JPMorgan's Jamie Dimon. "In short the ... ( read original story ...)
Asian shares mixed as Nikkei rises on yen, muted elsewhere
KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.5 percent to 20,197.56 in early trading, coming off a national holiday Monday. Australia's S&P/ASX 200 edged up nearly 0.1 percent to 5,724.70. South Korea's Kospi lost 0.2 percent to 2,413.48. ( read original story ...)
Nikkei rises to 2-1/2 month high on weak yen, snap election hope
TOKYO, Sept 19 (Reuters) - Japan’s Nikkei share average rose to 2-1/2 month highs on Tuesday as investor confidence was boosted by a weakening yen and strong U.S. shares, lifting cyclical stocks such as exporters and financial companies. The Nikkei ... ( read original story ...)
Japan’s Undervalued Companies Offer Opportunities
Despite the recent uptick in domestic economic activity in Japan, we doubt that domestically driven growth opportunities are sustainable. Given our view that structural reform in Japan will be slow, we still prefer companies with global expansion ... ( read original story ...)