TOKYO, April 10 (Reuters) - Japan’s Nikkei share average surged in late morning trade on Tuesday, as automakers rose after Chinese President Xi Jinping promised to lower import tariffs on products including cars this year. The comments come amid rising ... ( read original story ...)
Japan opens door to power companies buying into overseas projects
TOKYO -- Japan will make it easier for domestic power companies to invest in overseas power plant projects as part of an effort to boost the country's infrastructure exports to Southeast Asia. Letting trading houses and other businesses that spearhead such ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 0.51%
Investing.com – Japan equities were higher at the close on Monday, as gains in the Chemical, Petroleum & Plastic, Mining and Construction sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.51%. Advancing stocks outnumbered ... ( read original story ...)
Japan Display’s fundraising plan backfires as shares tank
TOKYO -- Japan Display will likely sell new shares for roughly one-fifth less than hoped for after investors cast doubt on the flat-screen manufacturer's growth prospects. Japan Display announced on March 30 that it would raise a total of 35 billion yen ($ ... ( read original story ...)
Bank of Japan Chief Warns of Trade-War Fallout
TOKYO—Bank of Japan Gov. Haruhiko Kuroda opened his new five-year term with a warning about the impact of a U.S.-China trade fight, saying the world has become more connected and many countries could be affected. “As the world is becoming more ... ( read original story ...)
Chinese tourists’ driver’s licenses raise red flags in Japan
TOKYO -- Japanese police are looking into reports of Chinese tourists renting cars with fake international driver's licenses. In early February, a traveler from Shanghai showed up at a car rental office near Naha Airport in Okinawa, his family in tow. ( read original story ...)
Japan’s current account surplus shrinks to 2.08 trillion yen in February
TOKYO (Kyodo) -- Japan reported a current account surplus of 2.08 trillion yen ($19 billion) in February, though it shrank from a year ago due to a smaller trade surplus and a stronger yen, government data showed Monday. Despite a 28.7 percent drop in the ... ( read original story ...)
Japan will be caught in the crossfire of US-China trade war
With Japan enjoying its second-longest postwar expansion and corporate ... The most obvious warning sign is a sliding Nikkei Stock Average. After rallying 19% in 2017, the Nikkei is following U.S. shares into the red, falling 5% so far this year. ( read original story ...)
Japan’s finance ministry had proposed a cover story for land sale scandal: Official
Japan's Finance Ministry had proposed a cover story for a land sale scandal involving the sale of state-owned land to school operator Moritomo Gakuen, which had ties to Prime Minister Shinzo Abe's wife, an official said on Monday. The admission is likely ... ( read original story ...)
Powerful incentives led to Japan’s Finance Ministry document tampering
TOKYO -- The ongoing document-tampering scandal at Japan's Ministry of Finance has taken a new turn. The ministry has admitted that its staff members altered 14 documents related to the controversial sale of state-owned land to a nationalist school ... ( read original story ...)
Powerful incentives led to Finance Ministry document tampering
TOKYO -- The ongoing document-tampering scandal at Japan's Ministry of Finance has taken a new turn. The ministry has admitted that its staff members altered 14 documents related to the controversial sale of state-owned land to a nationalist school ... ( read original story ...)
Japan’s ruling party rocks bureaucracy with prelude to reshuffle
Support for Japanese Abe's cabinet tumbled to 42% in the latest Nikkei/TV Tokyo poll, taken late last month before a key Ministry of Finance figure in the land scale scandal testified in parliament. That was down 14 percentage points from February. ( read original story ...)
Japan’s ruling party mulls ministry restructure plan
TOKYO -- Japan's ruling party is mulling a plan to restructure governmental ... sent out letters to ministries in late March, Nikkei has learned. The letter notified the ministries of the party's intention to hold a hearing on the current administrative ... ( read original story ...)
Japan’s Monex to buy Coincheck for $34 million, eyes future IPO
TOKYO (Reuters) - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $530 million digital money heist, for 3.6 billion yen ($33.6 million), the latest move by a mainstream finance firm into the ... ( read original story ...)
Japan’s Monex to buy Coincheck for $34 mln, eyes future IPO
TOKYO, April 6 (Reuters) - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the centre of a $530 million digital money heist, for 3.6 billion yen ($33.6 million), the latest move by a mainstream finance firm into the ... ( read original story ...)
Tokyo leads Asian stocks lower in light holiday trade
Tokyo stocks drifted lower on Monday in thin holiday trade ... Volumes in Asian trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. The outlook for equities will be determined by US ... ( read original story ...)