"There have also been talks for more than a year about a $10 billion foreign finance deal with Japan." The deputy minister noted that the Japanese have shown interest in a $9 billion Iranian project to build two railroads that connect the northeastern and ... ( read original story ...)
Japan election starts with 1,100 candidates vying for seats
TOKYO -- Japan's election campaign for the lower house of parliament officially got underway Tuesday, with more than 1,100 candidates, filing applications to contest 465 seats. The election has become a showdown between Prime Minister Shinzo Abe and Tokyo Gov. ( read original story ...)
Nikkei edges up in choppy trade; Kobe Steel poised to plunge
TOKYO, Oct 10 (Reuters) - Japan’s Nikkei share average edged up in choppy trade on Tuesday after a three-day weekend as the weak yen supported sentiment, but Kobe Steel’s shares were set to plunge after it said it had fabricated data. The Nikkei was up ... ( read original story ...)
Japan’s current account surplus expands to record 2.38tn yen in August
TOKYO (Kyodo) -- Japan's current account surplus expanded to 2.38 trillion yen ($21 billion) in August, the highest on record for the month, lifted by income from foreign investments and a bigger trade surplus, government data showed Tuesday. The surplus ... ( read original story ...)
SoftBank’s Long Goodbye
In a 2012 filing, Yahoo set out the procedure for converting these securities into ADRs: After the New York IPO, Alibaba "shall use its reasonable ... Banks could be persuaded to provide a lot more. Tokyo Muscle SoftBank's net debt is equivalent to ... ( read original story ...)
Is Japan’s long slump finally ending?
Few economists give much for his chances of success. Almost 30 years after the bursting of Japan’s bubble economy, and nearly five years after the government and central bank doubled down on their stimulus efforts, overall activity remains sluggish ... ( read original story ...)
Asian shares to focus on softer US close as the Turkish lira pares some losses
Nikkei futures traded in Chicago were up 0.17 percent at 20,725 while Osaka futures were off 0.2 percent at 20,650. Those compared to the benchmark index's Friday close of 20,690.71. Australia's S&P/ASX 200 rose 0.03 percent in early trade, with gains in ... ( read original story ...)
Concordia Financial Group Ltd (7186) Soars 1.78% on Oct 9
The Nikkei 225 Futures was first introduced on the Singapore Exchange (SGX) in 1986; on the Osaka Securities Exchange (OSE) in 1988; and on the Chicago Mercantile Exchange (CME) in 1990. When the Global Financial Crisis of 2008 broke out; the Japanese ... ( read original story ...)
DAIWA AM TOPIX EX-FINANCIALS ETF (1585) Is Yet to See Trading Action on Oct 9
The Nikkei 225 Futures was first introduced on the Singapore Exchange (SGX) in 1986; on the Osaka Securities Exchange (OSE) in 1988; and on the Chicago Mercantile Exchange (CME) in 1990. When the Global Financial Crisis of 2008 broke out; the Japanese ... ( read original story ...)
Leaders face off on Constitution, tax ahead of lower house race
Deputy Prime Minister Taro Aso, who doubles as finance minister, has recently said the idea floated ... The debate also included Osaka Gov. Ichiro Matsui of the Japan Innovation Party, Tadatomo Yoshida of the Social Democratic Party and Masashi Nakano ... ( read original story ...)
OBUV ROSSII ANNOUNCES IPO PRICE RANGE
"The IPO will give investors an opportunity to take part in and ... is not for distribution in Australia, Canada or Japan. The offer of the Securities has not been and will not be registered under the United States Securities Act of 1933, as amended ... ( read original story ...)
USD/JPY Fundamental Daily Forecast – North Korea an Issue, but Bank Holidays Could Limit Movement
The Dollar/Yen is trading flat after recovering from early session weakness. Volume is light and volatility could be low due to bank holidays in Japan and the United States. With U.S. and Japanese traders celebrating holidays, volume is expected to remain ... ( read original story ...)
A Japanese lesson for Wall Street
Outside Japanese financial circles, the name Katsunobu Onogi is barely known. Among the Tokyo elite, however, “Onogi” evokes considerable emotion; he was the last president of Long-Term Credit Bank (LTCB), an institution which, until it collapsed ... ( read original story ...)
PH-Japan currency swap: Protection vs future risk
Last Friday, the BSP said it signed with the Minister of Finance of Japan, through the Bank of Japan, the Restatement Agreement for the third BSA. In a joint statement, the central banks said the deal “enables the Philippines to swap its local currency ... ( read original story ...)
Japan PMI Signals Slower Growth In The Third Quarter As Services Activity Eases
Signs of rising inflation will be welcome news for the Bank of Japan, but the recent slowdown in economic growth could bolster expectations that the BOJ will maintain its current stimulus scheme for the time being. ( read original story ...)
Tokyo Olympic chief urges Yuriko Koike to focus on day job
“From my perspective what I can say is, I’d like her to devote all of her efforts to making a success of the Tokyo Olympics,” said Toshiro Muto, chief executive of the 2020 organising committee, in an interview with the Financial Times. “I’m ... ( read original story ...)