Every year, Tokyo and Osaka draw millions of visitors with their incredible food ... It aims to be the first Vietnamese company to conduct an overseas IPO. Zalo faced significant challenges early on. Khai explains: “It was an uphill battle because ... ( read original story ...)
Nikkei inches up, crude rally lifts oil-related shares
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei ended 0.08 percent higher at 22,911.21. With crude prices reaching 2-1/2-year highs, Inpex Corp , an oil ... ( read original story ...)
Japan takes up Jerusalem issue, proposes 4-party talks
ANMAN -- Japanese Foreign Minister Taro Kono, currently touring the Middle East, has proposed four-party talks in Tokyo, a senior official of the Israeli Prime Minister's Office told The Nikkei. The proposal is aimed at easing the tensions that U.S ... ( read original story ...)
Nikkei inches higher; crude rally supports oil-related shares
Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei was 0.09 percent higher at 22,912.43. Ship builder Kawasaki Heavy Industries advanced 7.5 per cent after announcing that it will ... ( read original story ...)
Nikkei inches higher; crude rise supports oil-related shares
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei was 0.09 percent higher at 22,912.43. With crude prices reaching 2-1/2-year highs, Inpex Corp , an oil and ... ( read original story ...)
Japan wraps up second-busiest IPO year in a decade
TOKYO -- Japan's initial public offerings in 2017 featured a large number of small players across a broad range of sectors, supported by an influx of capital from bullish retail investors. The Tuesday debut of Optimus Group on the second section of the ... ( read original story ...)
Japan’s Biggest Bank to Introduce Safety Net for Bitcoin Investors
The largest Japanese financial enterprise Mitsubishi says it will offer a regulatory framework for bitcoin trading, aimed at reducing the risks and suppressing market volatility, whilst extracting a substantial profit from the scheme. Kristian Rouz ... ( read original story ...)
Japan’s MUFG seeks majority of Indonesia’s Bank Danamon
TOKYO (Reuters) - Mitsubishi UFJ Financial Group (MUFG) (8306.T) said on Tuesday it agreed to buy 73.8 percent of Bank Danamon Indonesia (BDMN.JK), as it looks to build a foothold in Southeast Asia’s biggest economy. MUFG said it aimed to buy up to 100 ... ( read original story ...)
The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Japan’s Largest Financial Group MUFG to Make a Strategic Investment in Indonesia’s Bank Danamon
Mitsubishi UFJ Financial Group, Inc.’s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”) announced today that it has entered into conditional share purchase agreements with Asia Financial (Indonesia) Pte. Ltd. (“AFI”) and ... ( read original story ...)
Mitsubishi UFJ Financial : Japan’s largest financial group MUFG to make a strategic investment in Indonesia’s Bank Danamon
MUFG seeks to take a 73.8% majority stake in Bank Danamon, reaffirming Indonesia's importance in its regional strategy Japan, 26 December 2017 - Mitsubishi UFJ Financial Group, Inc.'s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. ("MUFG ... ( read original story ...)
Government-backed lender taps ex-Finance Ministry official as chief in ‘amakudari’ appointment
Former Vice Finance Minister Kazuho Tanaka has been tapped as the next governor and chief executive of Japan Finance Corp. to succeed Koichi Hosokawa, 70, one of Tanaka’s predecessors at the ministry. The transfer of the top post of a government ... ( read original story ...)
Japan, South Korea Stocks Fall, While China Rebounds
Because of Samsung’s fourth-quarter pullback, the index had fallen five of the past seven weeks. Japan’s Nikkei Stock Average declined 0.2% after setting its latest 26-year closing high Monday. But department stores rose solidly Tuesday after ... ( read original story ...)
Tokyo 2020 Olympics could deploy facial recognition tech on a huge scale
Now the organizing committee of the Tokyo 2020 Olympics and Paralympics is taking notice of the technology, and wants to use it on a huge scale at the global sporting extravaganza, sources told the Japan Times recently. Developed by NEC Corp., the ... ( read original story ...)
Nikkei lifted by retail names, China stocks struggle
Japan’s Nikkei Stock Average NIK, -0.20% was down 0.2% in early afternoon trading, after setting its latest 26-year closing high Monday. But department stores rose solidly Tuesday after Takashimaya posted solid fiscal third-quarter earnings ... ( read original story ...)
Japan’s November consumer prices rise for 11th straight month
Japan’s core consumer prices rose for the eleventh straight month and household spending jumped in November, offering the central bank some hope a steady economic recovery will gradually drive up inflation to its 2 per cent target. But the increase in ... ( read original story ...)
Ultra-easy monetary policy weighs heavily on Japanese bank profits
Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan (BoJ ... ( read original story ...)