Osaka-based Nissin has earmarked Greater China as being central ... cup noodle recently announced plans to spin off its China and Hong Kong businesses in an IPO expected to raise some US$200m to fund more partnerships and acquisitions. ( read original story ...)
Impinj’s (PI) CEO Chris Diorio on Q1 2017 Results – Earnings Call Transcript
In Japan, 7-11 and four other convenience stores, which together sell 100 billion items a year plan to introduce self-checkout registers to read RAIN-tagged items in a basket with Lawson [ph] already piloting the registers in Osaka. H&M, in their full-year ... ( read original story ...)
Reliance Nippon Life Asset Management says plans IPO in 2017/18
The company's two owners, Reliance Capital Ltd and Japan's Nippon Life Insurance, will participate in the IPO, he added. Sikka declined to give further details but said the company would immediately start the process of hiring banks to manage the IPO. ( read original story ...)
India’s Reliance Nippon Life Asset Management says plans IPO in 2017/18
The company's two owners, Reliance Capital Ltd and Japan's Nippon Life Insurance, will participate in the IPO, he added. Sikka declined to give further details but said the company would immediately start the process of hiring banks to manage the IPO. ( read original story ...)
SGX-IMDA tie-up is important first step, but will not fix tech-IPO drought
Tokyo and Hong Kong. Last week, the SGX and Infocomm Infocomm Media Development Authority inked a Memorandum of Intent (MOI) to try to fix this problem. The agreement aims to lower the barrier-to-entry for tech companies, facilitate pre-IPO funding and ... ( read original story ...)
Vietnamese banks drawing closer to Japanese partners
One of the first Japanese companies investing in the Vietnamese banking industry was Mizuho Financial Group, which entered in the domestic market in 2012. Currently, Mizuho’s initial investment of $570 million has doubled in value. At a recent meeting ... ( read original story ...)
Japan Display considers deeper restructuring, seeks more funding: Nikkei
TOKYO Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily reported. Shares in the ... ( read original story ...)
Nikkei falls as British election, ECB put markets on edge, financials weak
TOKYO, June 7 Japan's Nikkei share average fell on Wednesday morning as investors continued to shun riskier assets ahead of potentially market moving global events this week. The Nikkei dropped 0.2 percent to 19,931.43 points by midmorning. It hit a near ... ( read original story ...)
Japan, China take uneasy step toward warmer ties
TOKYO -- Relations between Japan and China are finally showing signs of thawing after a long winter, with talk of possible summits next year and Japanese Prime Minister Shinzo Abe offering cooperation on Beijing's Belt and Road Initiative. "When State ... ( read original story ...)
Japan to promote direct Asian currency exchanges
TOKYO -- Japan's Ministry of Finance seeks to create a market enabling direct exchanges of the yen and other Asian currencies without using the dollar as an intermediary, an idea that could reduce funding costs for financial institutions and businesses. ( read original story ...)
BRIEF-Japan’s Ministry of Finance seeks to create market enabling direct exchanges of yen and other asian currencies – Nikkei
* Japan's ministry of finance seeks to create market enabling direct exchanges of yen and other asian currencies without using dollar as intermediary- Nikkei Source text for Eikon: ( read original story ...)
Japanese banks expand investments in Vietnam
Mizuho was one of the first Japanese banks to invest in Vietnam in 2012. Its initial investment capital of US$570 million has doubled. At a recent working session with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), President ... ( read original story ...)
Nikkei falls 1 pct, pressured by stronger yen and Wall St losses
TOKYO, June 6 Japan's Nikkei share average slumped on Tuesday, surrendering the 20,000 level after losses on Wall Street and a stronger yen sapped sentiment. The Nikkei ended down 1 percent at 19,979.90, moving away from Friday's high of 20,239.81 ... ( read original story ...)
Divine Wind: Japan Gets a Lift from Explosive Rally
Japanese Prime Minister Shinzo Abe suddenly seems to have a ... expansion and economic reforms has delivered mixed results in recent years. The benchmark Nikkei 225 Stock Average has spiked up 11 percent from an April 14 low, and it broke through the ... ( read original story ...)
Nikkei drops, pressured by stronger yen, Wall St losses
TOKYO, June 6 Japan's Nikkei share average slumped on Tuesday as losses on Wall Street and a stronger yen sapped sentiment. The Nikkei was down 0.7 percent at midday at 20,026.45, moving away from Friday's high of 20,239.81, which was its loftiest level ... ( read original story ...)
Japan reaches out to devout travelers with religious accommodations
TOKYO -- A prayer room opened in Tokyo Station on Monday, the latest effort by Japan to attract more Muslims, Buddhists and other religiously observant tourists from Asia. The 8-sq.-meter space is located in the station's travel service center. The space ... ( read original story ...)