TOKYO, NNC -- Tokyo stocks opened higher on Friday (5/18/2018), as the weakening yen against the US dollar brightened up market sentiment and helped lift export stocks. At 9:15 am local time, the Nikkei 225 index on the Tokyo Stock Exchange (TSE) added 51 ... ( read original story ...)
Japan tells regional banks to curb investment losses – sources
The Financial Services Agency has asked the banks to ensure the unrealised losses on their securities do not exceed the profits from their core lending business or their equity capital, the sources told Reuters. Japanese banks are currently not required to ... ( read original story ...)
Japan auto association hopes free trade, low tariffs maintained as NAFTA renegotiated
But U.S. restrictions on vehicle and component imports could raise the cost of doing business in the country. Most of Japan’s major automakers operate plants in the United States and its top three locally manufacture the majority of cars and trucks they ... ( read original story ...)
Toyota chief hopes to help Japan automakers keep tech edge
TOKYO (AP) — Toyota Motor Corp. chief Akio Toyoda, tapped to head the Japanese auto industry association, promised Friday to lead a push among manufacturers to keep a competitive edge in emerging technologies such as zero-emission and autonomous driving. ( read original story ...)
Tokyo stocks open down after Wall St drop
Tokyo stocks opened in the red on Wednesday ... While yields on US Treasury bonds rose, the New York Federal Reserve Bank’s survey of business conditions showed a big jump in the price index. That reignited investor concern that inflation will accelerate ... ( read original story ...)
Tokyo 2020 Olympics: Blockchain Could Make Games a Tourist’s Dream
Mitsubishi Estate, which manages 30% of buildings in Tokyo’s business district, is working with Fujitsu to offer blockchain-secure data sharing between restaurants, hotels and other companies. The hope is that the shared data—which will be protected by ... ( read original story ...)
Osaka Vacuum pins growth on flourishing smartphone and electric vehicle market
Aside from its growing semiconductor industry, Osaka Vacuum also looks to serve China’s budding electric vehicles market. Given China’s challenging business landscape, Osaka Vacuum aims to strengthen its presence in the local market by supporting the ... ( read original story ...)
ALBERT EDWARDS: Japan is flashing a major change for the US economy and the market implications could be ‘immense’
Japanese wage inflation has surged in recent months and it could be a big sign of what's in store for the US economy, according to Societe Generale's Albert Edwards. Edwards argues that the US economy often follows Japan's, so a similar surge in wages ... ( read original story ...)
Tokyo stocks close down on profit-taking
Tokyo stocks fell on Tuesday as investors cashed in profits ... US and Chinese officials were working to get Chinese telecom equipment maker ZTE “back into business, fast”, helped soothe some investors’ nerves. Investors will be keeping a close ... ( read original story ...)
TV Tokyo Launches New Licensing Division
Earlier today, TV Tokyo announced that they will establish a “license business division” on June 27. The branch, which is being started as part of a restructuring effort, will aim to handle licensing business for the organization. In addition ... ( read original story ...)
KYOCERA TCL Solar Completes 29.2MW Solar Power Plant on Repurposed Land in Japan
KYOTO, Japan--(BUSINESS WIRE)--May 14, 2018--Kyocera Corporation (herein “Kyocera”) and Tokyo Century Corporation (herein “Tokyo Century”) announced that Kyocera TCL Solar LLC (herein “Kyocera TCL Solar”) has completed construction of a 29.2 ... ( read original story ...)
Japan Airlines to set up low-cost carrier, targeting Asian demand and 2020 Tokyo Olympics
The carrier, will become a subsidiary of JAL, the firm said, adding it may seek other investors to expand its business model. Budget flights have been slow to take off in Japan, which is dominated by full-service carriers JAL and ANA Holdings Inc and has a ... ( read original story ...)
BOOKOFF CORPORATION LIMITED Will Open “Paradise of Preloved” Store ‘Jalan Jalan Japan’ (3rd) in Seremban
SAGAMIHARA, Japan--(BUSINESS WIRE)--May 14, 2018--We, BOK MARKETING SDN.BHD. (call ‘BOK’ below), branch company of BOOKOFF CORPORATION LIMITED, will open 3 rd Pre-loved store named ‘Jalan Jalan Japan’ (call ‘JJJ’ below) in Seremban, city of ... ( read original story ...)
Xerox aborts $6.1bn sale to Japan’s Fujifilm
Technology firm Xerox has ended its controversial sale to Japan's Fujifilm after reaching a deal with activist investors Carl Icahn and Darwin Deason. Together, they own 15% of Xerox and had opposed the $6.1bn (£4.5bn) deal as they said it undervalued the ... ( read original story ...)
Takeda Reports FY2017 Full Year Results and Issues FY2018 Guidance
OSAKA, Japan--(BUSINESS WIRE)--May 14, 2018--Takeda Pharmaceutical Company Limited (TOKYO:4502): Underlying Revenue growth +5.5% led by Takeda's Growth Drivers Underlying Revenue grew +5.5%, with Takeda's Growth Drivers (Gastroenterology, Oncology ... ( read original story ...)
OSAKA GAS CO ORD ORDINARY SHARES (OTCMKTS:OSGSF) Stock Is Shorted More
Osaka Gas Co., Ltd. supplies natural gas to residential ... It operates through four divisions: Gas; LPG, Electricity and Other Energies; International Energies; and Life & Business Solutions. It currently has negative earnings. The Gas segment engages ... ( read original story ...)