TOKYO: The consumption tax should remain at the heart of revenue reform in Japan, but the pacing of rate increases is crucial, the International Monetary Fund said Monday. Citing the need for fiscal consolidation to address risks from Japan’s high level ... ( read original story ...)
USD/JPY: Points to watch in sluggish summer markets – Deutsche Bank
Risk takers are less active in the vacation season, and the dollar can come under selling pressure from export hedging prior to Japan's mid-month long holidays ... the heart of his administration, including Finance Minister Taro Aso, Foreign Minister ... ( read original story ...)
Japan NIKKEI 225 Midday Price Higher Tuesday August 1
The Nikkei 225 Stock Average Index is a major stock market index which tracks the performance of 225 top rated companies listed in the First Section of the Tokyo Stock Exchange. It is a price-weighted index. The Nikkei 225 has a base value of 176.21 as of ... ( read original story ...)
Japan NIKKEI 225 Price Opened Declined Tuesday August 1
NIKKEI 225 Price Opened decreased 35 points or 0.17% to 19925 on Monday July 31 from 19960 in the previous trading session. Historically, the Japan NIKKEI 225 Stock Market Index reached an all time high of 38915.87 in December of 1989 and a record low of ... ( read original story ...)
Koike’s plans for Tokyo need collaboration from Abe
Koike sat down with The Nikkei on Tuesday, a day before marking one year as governor ... Both figures are set to climb as time goes on: The last of Japan's baby boomers will turn 75 in 2025. Tokyo will tackle issues such as the emergence of empty housing ... ( read original story ...)
Japan’s marketplace app Mercari goes for IPO
At present, the initial public offering (IPO) is anticipated to be listed by the end of 2017, with an expectation to possibly generate over 100 bn yen (€765 mn). At this amount, Mercari has the potential to be the largest IPO, the Nikkei business daily ... ( read original story ...)
Brisk earnings boost Nikkei; but strong yen caps gains
TOKYO, Aug 1 (Reuters) - Japan's Nikkei share average rose on Tuesday, buoyed by companies such as Nitto Denko and Mitsui Sumitomo Financial Group reporting strong earnings, though gains were tempered by a stronger yen. The Nikkei ended 0.3 percent higher ... ( read original story ...)
Japan’s Aso says Tokyo to discuss frozen beef import tariffs in talks with U.S.
TOKYO (Reuters) - Japan's finance minister said on Tuesday Tokyo would raise the issue of tariffs on frozen beef imports from the United States and other countries in bilateral economic talks with Washington later this year. Minister Taro Aso's comments ... ( read original story ...)
Japan’s Leading MCN, Uuum, Files For IPO
Japan’s leading YouTube multi-channel network, Uuum, is slated to go public on the Tokyo Stock Exchange (TSE) on Aug. 30. Uuum’s TSE application has been approved, reports The Bridge, and the company will be listed on the Mothers market, which is ... ( read original story ...)
Japan’s biggest bank ‘set to move investment operations from London to Amsterdam’ because of Brexit
Japan’s biggest bank is reportedly set to move its European investment operations from London to Amsterdam because of the uncertainty posed by Brexit. MUFG could move hundreds of its 2,100 London employees to the Dutch capital, sources told the Financial ... ( read original story ...)
Saudi Aramco advisers favour London for mega IPO
Reuters reported in April that China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, to act as a “cornerstone” IPO investor. As well as New York and London, Hong Kong, Singapore, Tokyo, Hong Kong and ... ( read original story ...)
Oil surges as dollar continues slippery slide
On equity markets, Tokyo slipped as the yen hardened against the dollar while ... Saudi Arabia seems intent on playing its role as the world’s swing producer ahead of the Aramco IPO, impending sanctions on Venezuela by the US will almost certainly ... ( read original story ...)
Oil surges as dollar claws back losses
"Inventories are showing massive drawdowns, Saudi Arabia seems intent on playing its role as the world’s swing producer ahead of the Aramco IPO, impending sanctions ... senior economist at Nomura Securities in Tokyo. "The economy itself is stronger ... ( read original story ...)
Japan shares lower at close of trade; Nikkei 225 down 0.17%
Investing.com – Japan equities were lower at the close on Monday, as losses in the Finance & Investment, Steel and Automobiles & Parts sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 lost 0.17% to hit a new 1-month low. Declining ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 0.17%
Investing.com – Japan stocks were lower after the close on Monday, as losses in the Finance & Investment, Steel and Automobiles & Parts sectors led shares lower. At the close in Tokyo, the Nikkei 225 lost 0.17% to hit a new 1-month low. Falling stocks ... ( read original story ...)
REPORT: Japan’s biggest bank chooses Amsterdam ahead of Frankfurt for post-Brexit EU hub
LONDON – Japan's biggest bank, Mitsubishi UFJ Financial Group, has chosen the Dutch capital Amsterdam as the location of its post-Brexit EU headquarters, according to a report from the Financial Times on Sunday. Citing "two people briefed on the ... ( read original story ...)