TOKYO, Aug 18 (Reuters) - The Tokyo Stock Exchange's (TSE ... while Ichigo Green is trading 0.5 percent above the IPO price as of Friday. Many investors like solar projects because they offer stable long-term returns and benefit from government subsidies ... ( read original story ...)
Populism fails to catch fire in Japan
Japan is unfavorable terrain for populists ... That sounds like a leader who could be popular, if not a populist. Shotaro Tani, is a Nikkei staff writer in Tokyo. ( read original story ...)
Blurred photos poke holes in defense of land sale to Moritomo
The Finance Ministry has argued that it reduced the price of the plot in Toyonaka, Osaka Prefecture, because of the large amount of waste that had to be removed from the land. It shared photos of the site with the Ministry of Land, Infrastructure ... ( read original story ...)
Mitsui Sumitomo to buy Singapore insurer for $1.6B in SEAsia growth push
SINGAPORE/TOKYO — Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous Southeast Asia – a key ... ( read original story ...)
BOJ’s negative interest rate to promote banking consolidation and diversification
It remains to be seen if the Bank of Japan’s move will pay off, but results elsewhere have been encouraging The Bank of Japan’s unprecedented cut of interest rate down to negative territory aims at ending Japan’s chronic deflationary pressure. ( read original story ...)
BANK OF JAPAN : Japan’s key bond yield falls after BOJ buying operation
The yield on the benchmark 10-year Japanese government bond finished lower Wednesday as investors bought the debt after a Bank of Japan bond-buying operation saw solid demand. The yield on the No. 347, 0.1 percent issue, the main barometer of long-term ... ( read original story ...)
Nikkei snaps 5-day losing streak, but Trump comments jangle nerves
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 ...)