Nikkei falls further amid lack of trading incentives

The key Nikkei average lost further ground on the Tokyo Stock Exchange ... The Tokyo market lacked new factors to trade on after Japan’s “earnings reporting season was over,” said Yoshihiko Tabei, chief analyst at Naito Securities. ( read original story ...)

Japan first-quarter corporate capex up 4.5 percent – MOF

TOKYO Japanese companies raised spending on plant and equipment in January-March by 4.5 percent from the same period last year, Ministry of Finance (MOF ... reading followed a preliminary estimate that Japan's economy grew an annualised 2.2 percent ... ( read original story ...)

Nikkei slips as yen gains on Italy’s political uncertainties

The yen advanced to a 12-day high, as investors sought safe havens due to fresh political uncertainty in Europe Tokyo, May 30: Japan's Nikkei share average slipped on Tuesday, with the equity market feeling downward pressure from a stronger yen ... ( read original story ...)

Nikkei eases as nervous investors push yen higher

A stronger yen weighed on Japanese shares Tuesday, setting a cautious tone for trading in the Asia-Pacific region, though markets pared early declines by late morning. The Nikkei Stock Average NIK, +0.04% had been down as much as 0.6% after the yen ... ( read original story ...)

Japan’s draft growth strategy forgoes far-reaching reform

TOKYO -- Japan's new strategy to stoke growth in key industries includes case-by-case regulatory exemptions to spur innovation, but the government's piecemeal proposals lack the fundamental changes needed to re-energize the overall economy. Prime Minister ... ( read original story ...)

Japan Inc. steps up hunt for full-time workers

TOKYO -- Japanese companies are increasing hiring of full-time employees as they scramble to secure workers amid a labor shortage, raising hopes that the tight demand will translate to higher wages. Japan's seasonally adjusted ratio of job openings to ... ( read original story ...)

APAC Closing Prices: #ASX 5717.88 +0.19% #NIKKEI 19677.85 -0.02%

06:41a USD/JPY recovers in tandem with Nikkei, but still below 111.00 05:21a Japan's #Nikkei slips as yen gains on Italy's political uncertainties 04:44a CORRECTED-Japan's Nikkei slips as yen gains on Italy's political uncertaintie.. 04:23a TRADE SETUP ... ( read original story ...)

OECD says IPO underwriting fees ‘akin to tacit collusion’

It quoted data showing the median underwriting fee for IPOs in the United States is 7 percent of total proceeds from the IPO and has risen to 8 percent in Japan and China, doubling in the case of China within a couple of years. At the same time ... ( read original story ...)

DBS, Nishi-Nippon City Bank collaborate to support Japanese SMEs

They will offer discounting of exports bills. Japanese bank Nishi-Nippon City Bank (NCB) recently signed a memorandum of understanding with DBS, Southeast Asia’s largest bank. This memorandum fosters the greater collaboration and support for Japanese ... ( read original story ...)