The stock value has continued to improve in recent days after overseas media reported on Kakao Japan's plan to go public on the Tokyo Stock Exchange in 2020. Kakao did not confirm the reports, but said the IPO is one option to boost the Japanese branch's ... ( read original story ...)
Western Digital seeks Y50 billion from Apple to help finance Toshiba chip bid: Kyodo
TOKYO (Reuters) - A group including Western Digital (:WDC.O) is seeking around 50 billion yen ($464 million) from Apple Inc (:AAPL.O) to help finance a bid for Toshiba Corp's (:6502.T) memory chip unit, Kyodo news agency reported on Friday. Western Digital ... ( read original story ...)
Nikkei down, Topix flat as investors brace for N. Korea holiday
TOKYO, Sept 8 (Reuters) - Japan’s Nikkei share average dipped near four-month lows on Friday while the broader Topix was almost flat as investors held off buying on concerns North Korea could launch another missile test on its important national holiday ... ( read original story ...)
Ready, Set, Go West: Chicago-to-Tokyo Trading Is Revving Up
Those include Jump Trading LLC, Virtu Financial Inc. and DRW Holdings LLC’s Vigilant ... futures contracts on Japan’s Nikkei 225 stock index trade on both CME’s exchange and Tokyo-based Japan Exchange Group Inc.’s market. Read more about Go West ... ( read original story ...)
Nikkei rebounds as U.S. debt ceiling deal helps risk appetites recover
TOKYO, Sept 7 (Reuters) - Japan’s Nikkei share average rose on Thursday, pulling away from the previous session’s four-month intraday lows after news of an agreement in Washington to raise the U.S. debt limit helped restore investors’ risk appetites. ( read original story ...)
In Japan, investors can’t make money from foreseeing central bank decisions
If investors could predict a central bank’s actions to a tee, they would make hay, and money, without a second thought. But in Japan, where analysts say the monetary policy-setting body will undoubtedly nudge the 10-year government bond yield TMBMKJP-10Y ... ( read original story ...)
Nikkei takes cues from Wall Street rebound on debt ceiling deal
TOKYO, Sept 7 (Reuters) - Japan’s Nikkei share average rose on Thursday, pulling away from the previous session’s four-month intraday lows after news of an agreement to extend the U.S. debt limit cheered Wall Street. The Nikkei was up 0.4 percent at ... ( read original story ...)
Western Digital in talks for stake in Toshiba chip unit after an IPO: Kyodo
TOKYO (Reuters) - Western Digital Corp (WDC.O) is in talks to gain voting rights of just under 16 percent in Toshiba Corp’s (6502.T) memory chip unit on the assumption that it will be listed in the future, Kyodo news agency reported on Thursday. Kyodo ... ( read original story ...)
Nikkei falls as foreigners sell stocks on North Korea fears
TOKYO, Sept 6 (Reuters) - Japan’s Nikkei share average fell to its lowest in more than four months on Wednesday, slipping below a key technical support as risk appetite was sapped by North Korea tensions and the strengthening yen. The Nikkei was down 0.3 ... ( read original story ...)
Chinese investors’ access to Hong Kong’s IPO market gets added boost by the Aramco factor
Hong Kong is one of several global equity bourses including New York, London, Tokyo, Toronto and Singapore contending to be the staging ground for Aramco’s IPO, estimated to be US$100 billion in size. The proposal, known as the “Primary Equity Connect ... ( read original story ...)
Nikkei falls to 1-week lows as North Korea tensions persist
TOKYO, Sept 5 (Reuters) - Japan’s Nikkei share average brushed one-week lows in choppy trade on Tuesday as tensions on the Korean peninsula sapped risk appetite. The Nikkei shed 0.6 percent to end at 19,385.81 after initially opening slightly higher. ( read original story ...)
Nikkei falls to 1-week low as North Korea fears linger
TOKYO, Sept 5 (Reuters) - Japan’s Nikkei share average fell to a one-week low in choppy trade on Tuesday morning as geopolitical tensions over North Korea sapped risk appetite, while index-heavyweight Fast Retailing Co dropped on weak sales. The Nikkei ... ( read original story ...)
North Korea threat prompts Japan evacuation preparations
TOKYO -- As tensions on the Korean Peninsula reach new heights with Pyongyang's latest nuclear test, Japan is planning for a possible mass evacuation of the nearly 60,000 Japanese citizens currently living in or visiting South Korea. "There is a ... ( read original story ...)
Asian stocks mixed amid Korea jitters
BEIJING — Stocks in Tokyo and South Korea declined for a second day Tuesday while Chinese shares advanced as South Korean warships carried out military exercises amid jitters over North Korea’s weekend nuclear test explosion. KEEPING SCORE: Tokyo’s ... ( read original story ...)
Japan Post to Announce Trillion-Yen Share Sale Sept. 11
First divestment by government since postal giant’s 2015 IPO Sale plans were complicated by writedown, scrapped deal Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Japan Post Holdings Co. will announce plans ... ( read original story ...)
Japan Post lines up $12bn share sale
Japan Post Holdings, which announced a loss in its first full year as a listed company, is poised to announce details of an estimated $12bn share sale, say people close to the process. It is the first equity offer from group since its record-breaking IPO ... ( read original story ...)