TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average posted modest gains on Wednesday, snapping five straight days of losses that marked its longest losing streak since April 2016. The market was helped by a rebound in Wall Street shares overnight ... ( read original story ...)
Toshiba prioritizes talks with Western Digital on chips business sale: Nikkei
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. Shares in the conglomerate ... ( read original story ...)
Nikkei rebounds after Wall Street rises; Toshiba jumps
TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average rebounded on Wednesday morning after Wall Street gained as U.S. lawmakers' comments on tax reform and the debt ceiling boosted investor appetite. The Nikkei rose 0.7 percent to 19,509.48 in midmorning ... ( read original story ...)
Mobike, Ofo wheel into Japan
TOKYO -- China's two biggest bicycle-sharing startups are en route to Japan, with Mobike kicking off service Wednesday in the northern city of Sapporo while rival Ofo readies to roll in Tokyo and Osaka next month. Chinese internet powerhouses have backed ... ( read original story ...)
BRIEF-Mitsubishi Estate Logistics REIT Investment announces IPO on Tokyo Stock Exchange on Sept. 14
Aug 16 (Reuters) - Mitsubishi Estate Logistics REIT Investment Corp: * Says its stock will begin trading on the Tokyo Stock Exchange on Sept. 14, 2017, under the symbol "3481" * The company will offer a total of 198,000 shares, with total offering price of ... ( read original story ...)
Japan to pump funding into AI chip development
TOKYO -- Wary of allowing the country's industry fall behind, the Japanese government is set to fund the development of semiconductors for artificial intelligence and other new technologies. The country's Ministry of Economy, Trade and Industry sees it as ... ( read original story ...)
Japan’s Topix Outshines Nikkei 225 Thanks to BOJ’s ETF Buying
Smaller gauge lags behind Topix by most since October 2015 The Bank of Japan’s reduction of the amount it invests in the Nikkei 225 Stock Average is leaving the blue-chip gauge lagging behind the broader Topix index by the most in nearly two years. ( read original story ...)
As The Bank Of Japan Struggles, Investors Profit
The Bank of Japan continues to pump extraordinary levels of liquidity into the Japanese financial system, highlighted by last week's $2 billion foray into equity ETFs. The trading strategy in the face of such an onslaught is surprisingly simple: trade in ... ( read original story ...)
Conference promotes Japan’s financial investment in Vietnam
Tokyo (VNA) – Vietnam’s Finance Ministry and Daiwa Corporation of Japan co-hosted a conference in Tokyo on August 21 to promote financial investment in Vietnam with the attendance of more than 200 Japanese firms. Speaking at the event, Vietnamese ... ( read original story ...)
In Japan’s remote areas, banks may soon pay visits to customers with mobile ATM vans
An increasing number of regional banks in Japan are introducing automated teller machines mounted on vehicles to cater mainly to elderly people living in remote areas with no bank-run ATMs. Shimane Shinkin Bank in Shimane Prefecture plans to introduce an ... ( read original story ...)
Ex-head of Osaka school operator faces another fraud-related arrest
meter plot in Toyonaka, Osaka Prefecture, in June last year for ¥134 million, roughly 14 percent of its appraised value, following negotiations with the Finance Ministry’s regional bureau in Osaka. The prosecutors are looking into whether officials at ... ( read original story ...)
PAREXEL and Osaka International Cancer Institute Form Alliance to Advance Clinical Research in Japan
PAREXEL International Corporation (NASDAQ: PRXL), a leading global biopharmaceutical services provider, and Osaka International Cancer Institute today announced that they have formed an alliance to advance clinical development in Japan. The partnership ... ( read original story ...)
Nikkei skids to 3-1/2-month low as US political woes weigh
TOKYO, Aug 21 (Reuters) - Japan's Nikkei share average fell to a fresh 3-1/2-month low on Monday as global investors remained cautious amid worries over whether the Trump administration will be able to implement growth boosting measures. The Nikkei fell 0 ... ( read original story ...)
Japan’s small-cap shares resilient despite fall in Nikkei
TOKYO, Aug 21 (Reuters) - Japan's small-cap shares have outshone the overall market as investors saw them as better placed to dodge the geopolitical concerns and the stronger yen that have plagued the Nikkei share average, now languishing at more than ... ( read original story ...)
Japan’s ‘womenomics’ finally gets a face
Abe's womenomics has suffered from tokenism. Just as no Nikkei 225 company is run by a Japanese woman, Abe has yet to entrust truly global portfolios to women -- not foreign affairs, finance or chief cabinet secretary. At the moment, Abe's cabinet features ... ( read original story ...)
Japan faces obstacles to deploying new missile defenses
"It is extremely problematic for the government to inform the U.S. without first providing any explanation to the people and the Diet," Akira Koike of the Japanese Communist Party told The Nikkei. Gaining public understanding is crucial, since the system's ... ( read original story ...)