TOKYO (AP) — Japan and the EU could forge a trade agreement later this week, Cecilia Malmstrom, the European Commissioner for Trade, said Monday. Malmstrom told reporters in Madrid she was hopeful the two sides would resolve remaining differences and ... ( read original story ...)
Tech newcomers help keep Japanese IPOs brisk
Many of these companies list on the Tokyo Stock Exchange's Mothers market. Many in the new IPO crop put a unique tech spin on services. Tsunagu Solutions, which listed last Friday, builds websites to recruit part-time workers. Tabikobo, which debuted in ... ( read original story ...)
Gov’t to buy back land sold to scandal-hit Moritomo Gakuen
A special investigation unit of the Osaka District Public Prosecutors Office is currently probing the shady land deal on suspicion of breach of trust, alleging that employees at the Finance Ministry's Kinki Local Finance Bureau sold the then state-owned ... ( read original story ...)
Can Tokyo become a truly global financial center?
Japan has endeavored to develop its capital, Tokyo, as one of the major global financial centers — circulating domestic capital and capital from abroad and invite foreign financial institutions and firms to establish businesses in Tokyo — for many decades. ( read original story ...)
Toshiba eyes IPO for Swiss power meter unit Landis+Gyr
TOKYO -- Toshiba is thinking about taking Swiss smart meter unit Landis+Gyr public, as the embattled Japanese conglomerate rushes to generate cash for its turnaround. Toshiba on Monday said it may list the unit on the SIX Swiss Exchange by the end of ... ( read original story ...)
Smart meter maker Landis+Gyr plans IPO, sale still an option
ZURICH Swiss smart meter maker Landis+Gyr plans an initial public offering (IPO) in the third quarter as its owner, Japanese conglomerate Toshiba, scrambles to raise funds to cover losses at bankrupt U.S. nuclear unit Westinghouse. Under the plan ... ( read original story ...)
Toshiba Mulls a Swiss IPO for Landis+Gyr by September
Toshiba, slated for demotion to the second board of the Tokyo stock exchange, now has until the end of March 2018 to shore up its balance sheet or face delisting. Why Toshiba Needs Cash Fast and What May Delay It: QuickTake Q&A It bought Landis+Gyr in 2011 ... ( read original story ...)
Toshiba looks to raise money with Landis+Gyr IPO
The Japanese group is also aiming to raise about $20bn from the ... One Zurich-based banker said conditions were ripe for an IPO of Landis+Gyr because Swiss investors were “sitting on piles of cash” after the delistings of Syngenta, the agribusiness ... ( read original story ...)
Japan reports factory output, unemployment rose in May
People walk on a pedestrian crossing in Tokyo, Friday, June 30, 2017. Japan's factory output rose in May from a year earlier and the number of jobs per job seekers climbed to a 43-year high, reflecting labor shortages as the economy gains momentum thanks ... ( read original story ...)
Japan’s SMFG, preparing for Brexit, to make Frankfurt EU base: Nikkei
TOKYO Japanese lender Sumitomo Mitsui Financial Group Inc (8316.T) will make Frankfurt its new European headquarters as it prepares for Britain's exit from the European Union in 2019, the Nikkei business daily reported on Saturday. SMFG, Japan's third ... ( read original story ...)
Nikkei tumbles to 2-wk lows as central banks signal cheap money era may end
TOKYO, June 30 Japan's Nikkei share average stumbled to two-week lows on Friday on worries cheap funding from European central banks may be soon coming to an end. While 30 of the Topix's 33 subsectors were in negative territory, tech names in particular ... ( read original story ...)
AirAsia X inaugural flight marks successful maiden entry into US
The four times weekly route departed from Kuala Lumpur, Malaysia for Honolulu, Hawaii via Osaka, Japan. The successful inaugural flight was followed by a celebration and press conference event at the Royal Hawaiian Hotel. AirAsia X is the long-haul ... ( read original story ...)
Japan central bank issues rare apology over remark about Hitler
Japan's central bank issued a rare apology on Friday over a board member's praise for Adolf Hitler's economic policies. Yutaka Harada, a member of the board of the Bank of Japan, told a seminar on Thursday Hitler's economic policies had been "appropriate ... ( read original story ...)
The Latest: Defence, prosecution face off in Fukushima trial
TOKYO — The Latest on the trial of three Japanese utility executives for the Fukushima nuclear plant disaster (all times local): 3:45 p.m. Defence attorneys for three former Tokyo Electric Power Co. executives say that experts were divided about a ... ( read original story ...)
The Latest: Japan execs plead not guilty in nuclear case
TOKYO — The Latest on the trial of three Japanese utility executives for the Fukushima nuclear plant disaster (all times local): 12:30 p.m. Three former executives of Tokyo Electric Power Co. have pleaded not guilty to charges of negligence for the 2011 ... ( read original story ...)
Tokai Tokyo Financial : Announcement of the New Management Team
Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct ... ( read original story ...)