The yen is down 32%, corporate profits are thriving and the Nikkei Stock Average is breaking records again. Abe's fiscal dart fell way short of its target, thanks to counterproductive increases in Japan's sales tax in 2014 and 2015. The third and most ... ( read original story ...)
Japan’s Smaller Banks, Desperate for New Revenue, Turn to Dealmaking
In Japan's traditional banking culture, advising a client to sell a firm was considered unseemly, even rude - implying that the business had failed. Yet more small business owners in rural areas are struggling to find successors because their children ... ( read original story ...)
Cool Japan Fund’s big ambitions mostly fall flat
Ota acknowledged the Malaysian store's struggles and told The Nikkei that the fund is working to turn it around. The four-year-old Cool Japan Fund is the centerpiece of the government's "Cool Japan" strategy to promote cultural exports such as anime and food. ( read original story ...)
Japan’s Abe rolls out red carpet for Trump
TOKYO -- Prime Minister Shinzo Abe is lavishing U.S. President Donald Trump with a welcome reserved for formal state guests during his visit to Japan, looking to use hospitality to highlight close ties with its powerful ally. Trump kicked off his visit ... ( read original story ...)
Five things to see at the Tokyo Motor Show
Tokyo (AFP) - From a car that wants to be your friend to another that burns off the fat: here are five hot vehicles on display at the Tokyo Motor Show. The biennial event opens for a media preview on Wednesday, before throwing its doors open to the public ... ( read original story ...)
Trump in Japan on 1st leg of Asia trip, regional security a focus
TOKYO (Kyodo) -- U.S. President Donald Trump arrived in Japan, the first leg of his Asian trip, on Sunday for a three-day visit in which he will look to put on show with Prime Minister Shinzo Abe the strength of their countries' defense alliance in the ... ( read original story ...)
Trump to Saudi Arabia: Bring Aramco IPO to America
When asked recently about the details of the IPO, Aramco CEO Amin Nasser told CNNMoney that no firm decisions have been made. "We looked at the different venues, which are New York, London, Hong Kong, Tokyo," he said. "We are taking time for the ... ( read original story ...)
Trump pitches NYSE for Saudi Aramco IPO listing
Mr Trump appears to have tweeted from aboard a plane on his way from Honolulu, Hawaii, to Tokyo, Japan. NY is vying with London, Tokyo and other locations to attract the much-anticipated listing, which could be the biggest in history. Saudi leaders have ... ( read original story ...)
Japan Can’t Get Enough of Ivanka Trump
In recent months there’s been a litany of news stories about how big Ivanka Trump is in Asia. “Why Japan loves Ivanka Trump,” The Independent wrote in January. “Donald, Who? Ivanka Trump Is the Star in Japan,” read a Toronto Star story in February. ( read original story ...)
Melco Resorts 3Q profit up 87 pct, firm gives dividend
Melco Resorts’ executives did not comment on the IPO process or rationale in Thursday’s conference ... Last month, Melco Resorts announced it had become an official partner of Osaka-Kansai Japan Expo 2025. A number of investment analysts covering ... ( read original story ...)
Nikkei at centre of global stock bubble
Japan is enjoying its longest run of growth in 11 years, unemployment is at 23-year lows and Prime Minister Abe’s big 22 October election win frees him to toss more stimulus at Asia’s No. 2 economy. But a 30% surge in the Nikkei 225 Stock Average over ... ( read original story ...)
Saudi Aramco IPO on track for 2018: crown prince
Tokyo and Hong Kong have been looked at for a partial listing of the state-run firm. A decision on which exchange would secure the offering has still not been made, fuelling market speculation that the IPO could be delayed beyond 2018 or even shelved ... ( read original story ...)
Nikkei climbs to new 21-year peak; Honda, Sony shine
TOKYO, Nov 2 (Reuters) - Japan's Nikkei share average extended its strong rally to top a new 21-year peak on Thursday, ahead of a long weekend, with investors piling into miners and companies such as Honda Motor and Sony on robust earnings prospects. ( read original story ...)
Nikkei at 21-year high; Honda, Sony up on earnings boost
TOKYO: Japan's Nikkei share average extended its strong rally to top a new 21-year peak on Thursday, ahead of a long weekend, with investors piling into miners and companies such as Honda Motor and Sony on robust earnings prospects. The Nikkei ended up 0.5 ... ( read original story ...)
Nikkei hits fresh 21-year high; Honda, Sony up on earnings boost
Japan's Nikkei share average extended its strong rally to top a new 21-year peak on Thursday morning, with the mining sector getting a boost while buyers continued to pile into companies such as Honda Motor and Sony on robust earnings prospects. ( read original story ...)
‘Sony surprise’ gives Japan stock rally fresh legs
TOKYO -- Japanese shares continue their advance as profit upgrades draw investors' attention away from the prospect of more monetary and fiscal stimulus to surprisingly robust corporate earnings. The benchmark Nikkei Stock Average soared 408 points ... ( read original story ...)