Japan's banks are in a difficult place. While the rest of the G-10 countries are moving toward higher borrowing costs, the Bank of Japan is spinning its wheels, with little sign of improved lending rates. A happy unintended consequence of that stasis ... ( read original story ...)
Japan Inc. Might Have to Pay Up
In its most recent minutes, the Bank of Japan used an Orwellian phrase to describe the trend: "securing the labor force." The unemployment rate is 2.8 percent and declining steadily as Japan goes through something of a growth streak. At the same time ... ( read original story ...)
There are precious few neighborhoods in New York City where renters can afford a two-bedroom apartment
New York was rated No. 9 after Singapore (No. 1), Hong Kong, Zurich, Tokyo, Osaka, Seoul, Geneva and Paris ... according to a separate ranking from personal-finance website GoBankingRates.com. San Jose followed at $87,153 per year, with New York close ... ( read original story ...)
BidaskClub upgraded Cohu, Inc. (NASDAQ:COHU) to Hold in a report released today.
Its manufacturing operations are located in Malacca, Malaysia (handlers); Poway, California (thermal subsystems); Laguna, the Philippines (kits and contactors); Kolbermoor, Germany (handlers), and Osaka, Japan (contactors). Receive News & Ratings Via Email ... ( read original story ...)
Several Akhilesh projects under Yogi scanner
When Yadav was the chief minister, the then state irrigation and public works department minister, Shivpal Singh Yadav, and irrigation department principal secretary, Deepak Singhal, visited Japan to study riverfront developments in Tokyo and Osaka. ( read original story ...)
Kagoike arrest isn’t end of story
The special investigation squad of the Osaka District Public Prosecutor’s Office, which interrogated and arrested the Kagoikes, has received a criminal complaint filed by a group of some 240 lawyers and researchers against officials of the Finance ... ( read original story ...)
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) Files An 8-K Results of Operations and Financial Condition
Results of Operations and Financial Condition. On August 2 ... Sucampo Pharma, LLC, based in Tokyo and Osaka, Japan and R-Tech Ueno, Ltd., based in Kobe, Japan, through which the Company conducts its Asian operations; Sucampo Pharma Americas LLC, based ... ( read original story ...)
Saudi Aramco IPO Pits London Against New York
The IPO would give a welcome boost to London’s reputation as ... Still, Hong Kong’s exchange, like those in Tokyo and Singapore, is smaller than markets in New York or London. This raises the question of whether the Asian bourses could provide enough ... ( read original story ...)
Singapore exchange pitches for Saudi Aramco IPO
That choice pits the top global financial centers, London and New York, against each other, while Hong Kong, Tokyo, Singapore and Toronto are also on the top contender list. The initial public offering (IPO) would make the company the largest publicly ... ( read original story ...)
London, New York vie for Saudi Aramco IPO
could take part in an Aramco IPO, people with knowledge of the matter said in March. Two of China’s state oil companies also may buy shares in Aramco, according to their senior executives. Tokyo and Singapore Exchanges in both Asian cities made ... ( read original story ...)
BOJ’s Funo says bank no longer setting deadline for inflation target
SAPPORO, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo said the central bank no longer has a binding timeframe for meeting its ambitious inflation target, conceding the bank has essentially abandoned an earlier pledge to meet the goal in ... ( read original story ...)
As LNG projects stall, AltaGas signs propane export deal with Japanese firm
AltaGas inked a deal with Tokyo’s Astomos Energy Corp. to buy half of the 1.2 million tonnes of liquefied propane gas per annum the company will produce at its $500-million Ridley Island Propane Export Terminal ( read original story ...)
Nikkei rises to 1-1/2-week high on strong earnings; Apple suppliers shine
TOKYO, Aug 2 (Reuters) - Japan's Nikkei share average rose to a 1-1/2-week high on Wednesday, supported by strong domestic earnings as well as a rally among Apple's suppliers after the iPhone maker reported robust profits. The Nikkei ended 0.5 percent ... ( read original story ...)
ANALYSIS/ Kagoike arrest leaves question of land scandal unanswered
As prosecutors arrested the former head of an educational institution on suspicion of defrauding the central and Osaka prefectural governments on ... The Kinki Local Finance Bureau did not publicize the price of the land transaction until The Asahi Shimbun ... ( read original story ...)
EDITORIAL: Kagoikes’ arrests should not obscure state land discount
The Finance Ministry sold a tract of land in Toyonaka, Osaka Prefecture, to the school operator for 134 million yen, far below its appraised value of 956 million yen, for the planned school. But the developments that led to the discount remain a mystery. ( read original story ...)
Blackstone takes on $1.1 Billion Property Portfolio
The Australian Financial Review said the bid was the second approach ... amassing 27 assets that were mostly located in central and greater Tokyo and some in regional cities such as Osaka and Fukuoka. Blackstone and Spring Investment will now enter ... ( read original story ...)