Osaka police arrested a 53-year-old woman after four buckets ... “I thought that I could not afford to raise children because of financial difficulties,” the suspect was quoted by police Police believe Saito encased the bodies in concrete between ... ( read original story ...)
Japanese banking official warns on extended low interest rates
Where will Japan’s large-scale monetary easing campaign take the banking industry? For the head of the nation’s banking sector, the extremely low interest levels in Japan may disrupt the financial system if they remain in effect for a protracted period ... ( read original story ...)
Japan shares at crucial point of possible uptrend: Japan Post Bank CIO
TOKYO (Reuters) - Japanese shares are at an important make-or-break point and a decisive rise above current levels will usher in a long-term uptrend in the market, Katsunori Sago, chief investment officer at Japan Post Bank, said on Thursday. The bank ... ( read original story ...)
BOJ should consider selling put options on Japan stocks: Japan Post Bank CIO
TOKYO (Reuters) - The Bank of Japan should consider using derivatives, rather than buying Japanese stock funds directly as it does now, to affect risk premium on stocks, because that would be a better tool, said the chief investment officer of Japan Post Bank. ( read original story ...)
A strong correlation is breaking down during the Nikkei’s epic rally
REUTERS/Lucas Jackson Japan's Nikkei has rallied 22% since the end of August. For many years the Nikkei and the yen have been strongly correlated, but that has changed. Over the last couple months as a Japanese investor, the moves have been nothing less of ... ( read original story ...)
NIKKEI : Japanese regulators raid Airbnb over suspected antitrust practices
Japanese fair trade regulators raided last month the offices of Airbnb Inc over suspected violations of antitrust laws, the home rental site said on Friday, denying any wrongdoing. The Japan Fair Trade Commission (JFTC) carried out an on-site inspection of ... ( read original story ...)
Japan to step up price cuts for off-patent drugs
TOKYO -- Japan will slash in increments its government-set prices of originator drugs whose patents have expired, part of efforts of stem the country's rapidly increasing health costs. The Ministry of Health, Labor and Welfare has drawn up a proposal for ... ( read original story ...)
Saudi Aramco’s $100 billion IPO could become an outright buy by China
TOKYO Plans to list shares of Saudi Aramco ... This would make it the largest IPO in history, dwarfing the current record of $25 billion raised by China's Alibaba Group Holding. The stock exchanges of New York and London, which could offer the two biggest ... ( read original story ...)
S. Korea’s Hanatour to seek IPO of Japanese unit in Japan in Dec
Hanatour Service Inc., South Korea’s largest travel agency, is seeking to list its Japanese subsidiary on Tokyo Stock Exchange later this year. Once its stocks are listed, its market capitalization would reach 278.8 billion won ($248.7 million). ( read original story ...)
Governor plugs for Tokyo as financial hub
A vision for sustainability and establishing Tokyo as an international financial hub took centre stage in Tokyo governor Yuriko Koike's three-day visit to Singapore, which ends today. Speaking at a public lecture in the Lee Kuan Yew School of Public Policy ... ( read original story ...)
IPO Watch: Aramco Poised For 2018 Debut
Meanwhile, Reuters reported that although preparation for the IPO is proceeding, no decision has been taken ... As for other markets, a complete study was made," he said naming New York, London, Tokyo and Hong Kong. ( read original story ...)
UPDATE 1-Banking body head warns about impact of BOJ negative rate policy
TOKYO, Nov 16 (Reuters) - The head of Japan’s banking industry said on Thursday the Bank of Japan’s massive monetary easing could cause disruption for the country’s financial system if it remains in place too long. Nobuyuki Hirano, chairman of ... ( read original story ...)
Bank of Japan should consider selling put options on Japan stocks: Japan Post Bank CIO
TOKYO (Reuters) - The Bank of Japan should consider using derivatives, rather than buying Japanese stock funds directly as it does now, to affect risk premium on stocks, because that would be a better tool, said the chief investment officer of Japan Post Bank. ( read original story ...)
Tokyo governor Yuriko Koike promotes city’s global financial hub vision on Singapore visit
SINGAPORE - A vision for sustainability and establishing Tokyo as an international financial hub took centre stage in Tokyo governor Yuriko Koike's three-day visit to Singapore, which ends on Friday (Nov 17). Speaking at a public lecture in the Lee Kuan ... ( read original story ...)
BRIEF-Hanatour Japan announces IPO on TSE Mothers on Dec. 15
* Says its stock will begin trading on the Tokyo Stock Exchange (TSE) Mothers on Dec. 15, 2017, under the symbol “6561” * In its initial public offering, the company will offer a total of 2,550,000 common shares, comprised of newly issued 1,000,000 ... ( read original story ...)
Japan’s GDP growth seen speeding to 1.6% for fiscal 2017
The Nikkei Stock Average leapt into the 23,000 range at one point last Thursday. Profit-taking set in thereafter, but the index still sits about 8% above its score of 20,356 at September's end. The five mainstay Japanese department stores each reported ... ( read original story ...)