TOKYO May 16 Japan's Nikkei share average rose to a 17-month high on Tuesday, drawing support from a sagging yen and Wall Street hitting record highs overnight. The Nikkei was up 0.3 percent at 19,925.20, having come off an early high of 19,998.49, its ... ( read original story ...)
Nikkei, TV Tokyo, TBS, others team on video streaming
Nikkei and TV Tokyo will contribute economic news ... The partners also intend to seek content from other media companies in and outside Japan to enrich the lineup. New technologies such as artificial intelligence may be used to analyze viewing data ... ( read original story ...)
Japan’s Kajima, Obayashi branching out beyond construction
TOKYO -- Armed with growing war chests amid a construction boom, Japan's general contractors are expanding their horizons to ensure growth even after building demand slows following the 2020 Olympics here. Kajima is allocating 20 billion yen ($179 million ... ( read original story ...)
NIKKEI : Japan Inc sees better opportunities beyond China’s ‘Belt and Road’
A vast majority of Japanese companies have no interest to participate in China's sweeping "Belt and Road" initiative, seeing greater business opportunities in other international economic co-operation, a Reuters poll shows. Only 5 percent of 220 ... ( read original story ...)
Japan’s TBS and Nikkei Head Video Platform Launch
Six of the biggest media companies in Japan are to launch a new video platform. It will be specifically targeted at smartphone users. Called Premium Platform Japan, the new venture will launch in July and begin pay-streaming services in April of next year. ( read original story ...)
NIKKEI 225 increased 130 points or 0.66%
It is a price-weighted index. The Nikkei 225 has a base value of 176.21 as of May 16, 1949. This page provides – Japan Stock Market (NIKKEI 225) – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan NIKKEI 225 ... ( read original story ...)
SPOTLIGHT ON: KIMONO CULTURE
Kimono Culture: The Beauty of Japanese Culture Viewed Through the Lens of Kimono is an ongoing exhibition at the Nikkei National Museum, running until Sept. 3. The exhibit explores the beauty of Japanese culture through the lens of kimono - the traditional ... ( read original story ...)
Nikkei hits 1-wk closing high; exporters, financials gain
TOKYO May 24 Japan's Nikkei share average rose on Wednesday to a one-week closing high helped by exporters after the dollar gained against the yen, while financials outperformed thanks to a rise in U.S. Treasury yields. The Nikkei ended 0.7 percent higher ... ( read original story ...)
Japan manufacturers’ mood slips despite economic recovery – Reuters Tankan
The Reuters' monthly poll - which tracks the Bank of Japan's key quarterly tankan - showed confidence at service-sector firms hit a four-month high, a tentative sign of a pickup in domestic demand. The Reuters Tankan follows data last week that showed the ... ( read original story ...)
Japan’s upper house of parliament approves two government nominees for BOJ board
TOKYO Japan's upper house of parliament approved on Wednesday the two government nominees for the Bank of Japan's policy board, paving the way for the nominations to sail through the lower chamber where the ruling coalition has a comfortable majority. ( read original story ...)
CEO of Bank of Tokyo-Mitsubishi UFJ to step down for health reasons: sources
TOKYO The head of the Bank of Tokyo-Mitsubishi UFJ (BTMU), the core business of Japan's biggest "megabank," has decided to step down for health reasons barely a year into the job, sources told Reuters on Tuesday. President and CEO Takashi Oyamada's ... ( read original story ...)
Shoko Chukin Bank raided over shady loans
Government officials Wednesday raided the offices of Shoko Chukin Bank, a state-linked lender for small and medium-sized firms, over improper loans issued under a state-backed program to help crisis-hit companies. The Financial Services Agency, the ... ( read original story ...)
Japan’s MUFG says head of its core banking unit will step down
TOKYO, May 24 (Reuters) - Mitsubishi UFJ Financial Group Inc on Wednesday said Takashi Oyamada, chief executive of core banking unit Bank of Tokyo-Mitsubishi UFJ (BTMU), would step down on June 14. Japan's largest lender by assets named BTMU ... ( read original story ...)
Japan manufacturers’ mood slips despite economy recovery: Poll
The Reuters' monthly poll - which tracks the Bank of Japan's key quarterly tankan - showed confidence at service-sector firms hit a four-month high, a tentative sign of a pickup in domestic demand. Confidence among Japanese manufacturers receded in May for ... ( read original story ...)
Paytm launches niche payments bank in India, offers 4% interest rate
The company, which has funding from China's Alibaba and Japan's SoftBank Corp, is third firm after Bharti Airtel and India Posts to have launched payments banks Paytm on Tuesday launched niche payments bank, offering 4% interest rate and cashbacks on ... ( read original story ...)
BOJ may need to coordinate new fiscal plan to lift inflation: Ex-Fed Bernanke
TOKYO Former Federal Reserve Chairman Ben Bernanke said on Wednesday the Bank of Japan may need to coordinate a new fiscal spending plan with the government, allowing for inflation to accelerate above its 2 percent target without worsening the debt burden. ( read original story ...)