Stocks in Japan rose strongly on Friday dragging mainland China and the Australian markets to positive closes but Hong Kong Hang Seng languished ... ( read original story ...)
Tokyo’s Nikkei closes up more than 1.7%
Tokyo's benchmark Nikkei index jumped more than 1.7 percent Friday, closing up for a fourth straight session, as investors cheered a new US economic package and the ECB's stimulus bond-buying. The ... ( read original story ...)
Japan’ ethics code for officials in focus as dining scandal rumbles on
The National Public Service Ethics Code sets clear expectations for ministry life in hope of preventing the kind of conflicts of interest in which Suga's eldest son has been implicated. ( read original story ...)
Asian shares mixed after stimulus lifts Dow, S&P to records
Tokyo’s benchmark rose 1% while Chinese indexes slipped as ... “With higher growth you get higher interest rates.” The biggest IPO in years rolled out Thursday on the New York Stock Exchange where ... ( read original story ...)
Japan January machinery orders seen down for first time in four months – Reuters poll
Japan's core machinery orders likely dropped in January from December's level, a Reuters poll found on Friday, predicting the first monthly decline in four months as renewed emergency curbs to slow ... ( read original story ...)
Japanese bank repositions Aussie lender’s owners
Latitude Financial fetched a A$3 bln valuation from a Shinsei Bank investment. That’s about what KKR, Deutsche Bank and Varde were aiming for in previously aborted IPOs. The sums imply a decent return ... ( read original story ...)
Tokyo area COVID numbers showing signs of rising, health min says: Kyodo
TOKYO (Reuters) - Coronavirus cases in the Greater Tokyo area are showing signs of creeping up, Japanese Health Minister Norihisa Tamura said on Friday, according to Kyodo News, raising questions ... ( read original story ...)
Big businesses’ sentiment turns negative under Japan’s second virus emergency
Business sentiment among large Japanese companies in the January-March period turned negative for the first time in three quarters under the government's l ... ( read original story ...)
Paypal’s Entry to Crypto Followed Long Buildup in Expertise
Last year’s launch of crypto market was the culmination of finding the right talent and working with Paxos Trust, a regulatory technology provider, the CTO of PayPal’s blockchain unit says. ( read original story ...)
Daily Briefing: GIC partners RPT Realty, others to set up retail assets platform; SG’s Swat Mobility considers IPO in Japan
Singapore’s sovereign wealth fund GIC has teamed up with RPT Realty, a US-based real estate investment trust, and other partners to form a new core net lease retail real estate platform, according to ... ( read original story ...)
NTT DATA Offers Digital Platform To Help Banks Compete With FinTechs
NTT DATA, based in Tokyo, is offering a new digital banking platform that ... In today’s top news, Coupang raised $4.6 billion in its IPO, and LendingClub reported that loan volumes were up 56 percent ... ( read original story ...)
SoftBank-Backed Coupang Gets Debut Gain in Top 2021 U.S. IPO
South Korean e-commerce giant Coupang Inc. rose 41% in its trading debut after delivering the biggest U.S. initial public offering since Uber Technologies Inc. ( read original story ...)
Coupang shares soar 41% in trading debut after biggest US IPO since Uber
NEW YORK (BLOOMBERG) - South Korean e-commerce giant Coupang surged 41 per cent in its trading debut after delivering the biggest US initial public offering (IPO) since Uber Technologies. Coupang, ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.26 pct
Japan's benchmark Nikkei average opened up 0.26 percent at 29,287.74 on Friday, while the broader Topix gained 0.23 percent at 1,929.33. TOKYO, March 12 (Reuters) - Japan's benchmark Nikkei average ... ( read original story ...)
SoftBank-Backed Coupang Gains After 2021’s Biggest U.S. IPO
Coupang, whose biggest backer is Japanese conglomerate SoftBank Group Corp., opened trading in New York Thursday at $63.50 a share, an 81% jump from the price in its upsized $4.6 billion IPO Wednesday ... ( read original story ...)
Tokyo Olympics chief denies decision made to ban foreign fans
Japan wouldn't be allowed amid concerns over COVID-19, the new Olympics boss says it's still being considered. ( read original story ...)