Tag: ipo

TOKYO -- Four of Japan's listed delivery companies, including the biggest, Yamato Holdings, expect to see their combined labor costs, including payments for outsourced deliveries, increase 27 billion yen ($243 million) during the current fiscal year. ( read original story ...)

Corporate Japan cut capex by 3.8% during the previous fiscal year ended in March, a survey of business plans conducted by The Nikkei found. The U-turn in fiscal 2017 is driven by a 13.7% rise in domestic investment, the sharpest increase since the global ... ( read original story ...)

TOKYO -- Japan Airlines will launch additional flights serving Australia and Hawaii as early as September, revamping its international routes for the first time since undergoing bankruptcy reorganization in 2010. In addition to an existing route between ... ( read original story ...)

TOKYO -- Japan's government is working to wrap up a revised strategy for promoting infrastructure exports. The focus is on comprehensive support for urban development projects -- from initial planning to regulatory development to fundraising. The ... ( read original story ...)

TOKYO May 26 Japan's Nikkei share average extended losses as the yen's gains against the dollar accelerated on Friday, though the benchmark index still managed to cap off a winning week. The Nikkei ended down 0.6 percent at 19,686.84, and yet stayed 0.5 ... ( read original story ...)

Underperformance has become the norm of late, with Japan’s Nikkei Stock Average stalling just below 20,000, a level it hasn’t reached since December 2015, and Australian equities hit by concerns about banks in the wake of a planned new tax on the ... ( read original story ...)

The yield on the benchmark 10-year Japanese government bond ended lower Friday as investors bought the safe-haven debt in the wake of lower Tokyo equities and the firm results of a Bank of Japan bond purchase operation. The yield on the No. 346, 0.1 ... ( read original story ...)

Investments from Japan are getting diverse and sectors that have received FDI during 2016-17 period include retail, textile, consumer durables, food & beverages and banking (credit card services), persons familiar with the Indo-Japan economic ties told ET. ( read original story ...)

Taipan Henry Sy’s BDO Unibank partnered with Japan’s Seven Bank Ltd., making it easier for Filipinos in Japan to send money back home using a mobile app. BDO, the country’s biggest bank, said in a statement the tie-up covered the upcoming launch of ... ( read original story ...)

But its best chance of winning a part of the biggest IPO ever, expected to raise about $100 billion ... in a race that has also excited larger exchanges in London, New York, Tokyo, Hong Kong and Singapore, its case could be bolstered by a recent change ... ( read original story ...)

MANILA, Philippines - Sy-led BDO Unibank Inc. has partnered with another Japanese bank to further cement its dominance in the international money transfer business. The listed bank owned by retail and banking magnate Henry Sy has partnered with Seven Bank ... ( read original story ...)

TOKYO -- Japanese banks have typically shied away from adopting virtual currencies, but not anymore. Now they are looking to leverage their huge customer bases to jump into the world of cryptocurrencies by offering quick and inexpensive services. ( read original story ...)

Japan’s Mizuho Financial Group will start a venture next month to create new fintech businesses and catch up with its rivals, according to Reuters. As Banking Technology reported last month, Mizuho Financial Group, Mizuho Bank and IBM Japan teamed up to ... ( read original story ...)

TOKYO Japan's net external assets rose to their second-highest amount on record at end-2016 driven by rising mergers and acquisitions overseas by Japanese firms and portfolio investment, the Ministry of Finance (MOF) said on Friday. The net value of assets ... ( read original story ...)

Japan’s net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by ... ( read original story ...)

Stronger yen offsets effect of record closes on Wall Street * Nikkei heavy ahead of 20,000-point level - strategist TOKYO May 26 Japan's Nikkei share average remained solidly on track for a winning week on Friday, underpinned by record closing highs on ... ( read original story ...)