Mercari Jumps 77% in Tokyo Debut After $1.2 Billion IPO

Mercari Inc. soared on its first day of trading on the Tokyo Stock Exchange, underscoring investor optimism in its prospects. Shares of the Japanese online marketplace traded at around 5,300 yen as of 11:25 a.m. in Tokyo on Tuesday, rallying from the 3,000 ... ( read original story ...)

World’s casino giants bet big on the golden Japanese market

MGM has stressed its commitment to partnering with local communities. MGM CEO James Murren, who has been traveling to Japan every two months, told the Nikkei Asian Review in Tokyo at the end of May that he has been in contact with "hundreds of Japanese ... ( read original story ...)

Nikkei falls after Trump threatens new tariffs against China

TOKYO (Reuters) - Japanese stocks slid on Tuesday after U.S. President Donald Trump’s new threat to impose a 10 percent tariff on $200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing. The Nikkei share average fell 0.9 percent ... ( read original story ...)

Centrica, Tokyo Gas break mould in Mozambique LNG deal

LONDON/TOKYO (Reuters) - Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion (£15 billion) project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers ... ( read original story ...)

Japanese banks open to extending yen credit to Malaysia

PUTRAJAYA: Several Japanese banking institutions are receptive towards extending yen credit in the form of soft loans to Malaysia, said Japanese ambassador to Malaysia Dr Makio Miyagawa. He said the Japanese prime minister sent a “clear-cut” message ... ( read original story ...)

North Korea talks deepen Japan’s dilemma

Japan was clearly marginalized in the run-up to and during the June 12 summit between the U.S. and North Korean leaders in Singapore. The dynamics suggest that Tokyo will not play any significant role in the follow-up negotiations. There is no way to ... ( read original story ...)

Osaka earthquake causes damage and widespread disruption

The Japanese city of Osaka has been struck by a magnitude 6.1 earthquake causing fatalities, damage and widespread disruption to transport. There were three reported deaths according to broadcaster NHK, including a nine year-old girl who was killed by a ... ( read original story ...)

Bank of Japan has an even gloomier view of inflation

Tokyo — The Bank of Japan (BoJ) downgraded its view on inflation on Friday, in a fresh blow to its long-held 2% price goal, giving the central bank barely any room to manoeuvre as it tries to map a path to roll back its crisis-era stimulus. As widely ... ( read original story ...)