TOKYO (Reuters) - Honda Motor Co said on Wednesday it plans to stop production at one of its domestic plants within the next five years, cutting capacity by around 24 percent in Japan amid stagnant sales at home, as the automaker focuses on making ... ( read original story ...)
Japan Display said to seek $900 million for new OLED production method, shares soar
TOKYO (Reuters) - The Japan Display Inc group is seeking to raise $900 million to mass produce OLED panels using new technology that will slash costs, the Nikkei business daily reported, sending shares in the Apple Inc supplier surging 25 percent. ( read original story ...)
Uber will IPO by 2019 and let Softbank buy a huge stake, following a big board meeting
settling a fractious internal battle that has hamstrung the ride-hailing company for months and paving the way to a giant IPO in two years. The board also agreed to move forward with a multi-billion deal that would give Japan's Softbank as much as a 17% ... ( read original story ...)
Seasoned Japanese startup puts fintech on the map with $500m IPO
Money Forward, a well-established financial tech startup, has launched its IPO, marking a watershed moment for Japan’s burgeoning fintech scene. The firm, started in 2012, is now worth US$505 million after listing on the Mothers Index Futures section of ... ( read original story ...)
NORINCHUKIN ZENKYO NZAM ETF TOPIX EX-FINANCIAL (1596) Is Yet to See Trading Action on Oct 4
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 ...)
Japan Display puts OLED panels at center of comeback plan
TOKYO -- Japan Display is counting on OLED panels to help it regain its financial footing, planning a big investment in the field with outside support as part of a drastic turnaround plan due out this coming spring. The Japanese company intends to begin ... ( read original story ...)
CORRECTED-Nikkei extends 2-year highs on upbeat global outlook, Japan Display rallies
TOKYO, Oct 4 (Reuters) - Japan’s Nikkei share average rose to two-year highs on Wednesday, supported by an upbeat outlook for the global economy, while Japan Display rallied on a report that it had developed methods to mass-produce OLED panels at a low cost. ( read original story ...)
Tokyo, Hong Kong lead Asia gains but dollar retreats
Tokyo and Hong Kong led gains on most markets in Asia Wednesday following a record close on Wall Street but the dollar eased slightly as attention begins to focus on the likely make-up of the new Federal Reserve board. Investors are broadly upbeat about ... ( read original story ...)
Tokyo stocks open higher on optimism over US economy
Tokyo stocks opened higher on Wednesday after fresh records on Wall Street as optimism over the US economy lifted Japanese carmakers. The benchmark Nikkei 225 index rose 0.22 percent, or 45.82 points, to 20,659.89 in early trade while the broader Topix ... ( read original story ...)
Japan Display shares soar on report it will mass-produce OLED panels
TOKYO (Reuters) - Shares of Japan Display Inc jumped as much as 24 percent on Wednesday after the Nikkei business daily reported the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and would start as early ... ( read original story ...)
Japan transport ministry says raided two Nissan plants over improper checks
TOKYO (Reuters) - Japan's Transport Ministry said on Wednesday it had conducted raids at two plants producing Nissan Motor Co cars, in addition to four checks performed last week as part of a probe into unauthorised vehicle inspections. ( read original story ...)
Hairline Cracks Appearing in Bank of Japan’s Glass Ceiling
Hiring of women for career-track positions is on the rise Some long-closed doors are opening for women at the Bank of Japan as it seeks to hire and promote more of them in career-track positions. In a little more than a year, at least five women have taken ... ( read original story ...)
Aytu BioScience Announces International Distribution Agreement for Fiera® in Japan
"We are very pleased to have partnered with Mitsuboshi in Japan to make Fiera available for the many women that experience low sexual desire and may benefit from an innovative, non-drug product like Fiera," commented Josh Disbrow, Chief Executive Officer ... ( read original story ...)
Dollar’s advance vs yen slows on caution before Japan vote, euro steadies
TOKYO (Reuters) - The dollar was steady against the yen on Tuesday with its advance as traders considered the implications of Japan's snap general election later in the month, while the euro steadied after sliding in response to a violence-marred Catalonia ... ( read original story ...)
Northern Trust Names New Head of Japan Office
Northern Trust (NTRS) has appointed Keishi Yamamoto to lead its asset management business in Japan. Yamamoto replaces Hidehiro Nakayama who retires later this year as current president and representative director. Reporting to John McCareins, managing ... ( read original story ...)
Shares in Japan, Australia rise, as market digests improved Tankan
Asia stocks traded higher on Monday, but several major markets were set to be shuttered for much of the week. In Japan, the benchmark Nikkei 225 (Nihon Keizai Shinbun: .N225) climbed 44.50 points, or 0.22 percent, to 20,400.78. The Topix (Exchange ... ( read original story ...)