SoftBank shares fell as much as 3.3 percent in afternoon trading in Tokyo. The IPO is fully subscribed, but SoftBank and its bankers are taking extra precautions in order to make sure that investors w... ( read original story ...)
Melco counts on Japan’s immigration bill to meet casino plans
“As part of Prime Minister [Shinzo] Abe’s reform packages, labor immigration is a key one,” he told the Nikkei Asian Review ... bulk of employees will be Japanese [eventually],” Ho added ... ( read original story ...)
Softbank mobile service disrupted ahead of mobile unit IPO
Osaka, Nagoya and other major cities. In a message on its website, Softbank apologised to customers and said that it was "examining the cause" of the problem. The outage struck less than two weeks ahe... ( read original story ...)
SoftBank Sells All Shares for $23 Billion Telecom IPO
The shares of SoftBank fell 4.9 percent in Tokyo on Thursday, after reversing a steeper decline following the news that the IPO was fully subscribed. A mobile service outage in the afternoon didn’t ap... ( read original story ...)
Nikkei loses 1.9 pct as SoftBank weighs, Huawei arrest jolts chips
TOKYO, Dec 6 (Reuters) - Japan’s Nikkei closed at more than a five-week low on Thursday as chip-related stocks were hit after Canada arrested a top executive of Chinese tech giant Huawei at the reques... ( read original story ...)
Japan must ‘respond’ when US-China trade truce ends, Abe says
Speaking at an annual gathering of economists hosted by Nikkei in Tokyo, Abe said, "The [U.S.-China] trade war is in a ceasefire for 90 days, but it will end next year." He also said that Japan ... ( read original story ...)
Japan: Further Tweaks to Monetary Policy?
In July of this year, the Bank of Japan (BoJ) introduced modest adjustments to its monetary policy framework, allowing for a wider trading range for yields on Japanese government bonds (JGB’s). While ... ( read original story ...)
Japan bids for top climate finance job, citing $1.5bn contribution
Japan is making a play for one of the most politically critical jobs in international climate finance. The executive director vacancy at the Green Climate Fund has been openly advertised, with a 12 De... ( read original story ...)
Troubled Japanese Firm to Abandon Indonesian Banking Unit
The troubled Japanese financial concern J Trust Co Ltd appears about to abandon its four-year-old campaign to turn around its notorious Indonesia unit, J Trust Bank Indonesia, according to the company ... ( read original story ...)
Japan’s Abe says to work with BOJ to achieve price stability target
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Wednesday that he would work with the Bank of Japan (BOJ) to achieve its 2 percent inflation target. Speaking at a year-end party of econom... ( read original story ...)
BOJ’s Wakatabe warns Japan faces risk of falling back into deflation
NIIGATA, Japan, Dec 5 (Reuters) - Bank of Japan Deputy Governor Masazumi Wakatabe said on Wednesday the country could slide back into deflation if the economy comes under downward pressure again, high... ( read original story ...)
Deputy governor says Bank of Japan has room to boost stimulus
NIIGATA – Bank of Japan Deputy Gov. Masazumi Wakatabe said Wednesday the central bank should not hesitate to ramp up stimulus if risks to the economy threaten the achievement of its inflation target. ... ( read original story ...)
MetLife Names New Leaders for Japan and EMEA
He will oversee all of MetLifes businesses in Japan, the companys second largest market globally ... He began his career in 1989 at Citi where he spent 16 years in financial services in retail banking ... ( read original story ...)
Japan’s Line Corp to establish bank in tie-up with Mizuho: source
TOKYO (Reuters) - Japanese mobile chat app operator Line Corp will tie up with Mizuho Financial Group Inc to establish a bank, a source with direct knowledge told Reuters on Tuesday, declining to ... ( read original story ...)
Japan’s economy has a $5 trillion problem
An epic bond-buying spree by Japan's central bank means it's now sitting on assets worth more than the country's entire economy. Data released by the Bank of Japan on Tuesday show that its total ... ( read original story ...)
BOJ deputy governor warns of risk Japan may slide back to deflation
NIIGATA, Japan (Reuters) - Bank of Japan Deputy Governor Masazumi Wakatabe said on Wednesday the country could slide back into deflation if its economy faced downward pressure again, warning of variou... ( read original story ...)