TOKYO, April 27 Japan's Nikkei share average slipped on Thursday, giving back some of this week's gains as sentiment soured on Wall Street losses and wary investors awaited the Bank of Japan's policy decision. The Nikkei was down 0.2 percent at 19,243.76 ... ( read original story ...)
UPDATE 1-Japan finmin to meet Japan Post CEO over Toll writedown – source
TOKYO, April 27 Japan's finance minister will meet the chief executive of Japan Post Holdings Co in the coming days over the state-controlled company's shock $3.6 billion writedown on its Australian logistics arm, Toll Holdings Ltd, a source said. ( read original story ...)
Nikkei nears one-month highs as yen slips
TOKYO, April 26 Japan's Nikkei share average rose to near one-month highs on Wednesday, buoyed by a weaker yen and record high for the Nasdaq Composite. The Nikkei was up 0.8 percent at midday at 19,231.92 points, after touching its highest intraday levels ... ( read original story ...)
Japan keeps making inroads into global Islamic finance
Private sukuk issuances by Japanese financial companies up to 2014. Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank joined with multimillion murabaha facilities in cooperation with the Islamic Development Bank in 2014 and 2017, respectively. Source ... ( read original story ...)
Mizuho Financial Group Partners with Cognizant to Develop a Distributed Ledger Solution for More Efficient and Secure Trade Finance
TOKYO, April 25, 2017 /CNW/ -- Cognizant (NASDAQ: CTSH) today announced that it has been selected by Mizuho Financial Group (NYSE: MFG, TYO: 8411), one of the largest financial institutions in the world, to develop a distributed ledger solution to make ... ( read original story ...)
Japan central bank governor says G20, IMF accept BOJ's monetary policy
TOKYO Bank of Japan Governor Haruhiko Kuroda said on Tuesday that Group of 20 and International Monetary Fund officials accept the view that the central bank's quantitative easing policy is to achieve its inflation target. Kuroda, speaking in the lower ... ( read original story ...)
Nikkei extends gains, gets lift from Wall Street rally
Investors relieved as North Korea takes no new missile steps * Securities shares jump in line with market gains TOKYO, April 25 Japan's Nikkei share average retook the 19,000 level on Tuesday for the first time in three weeks, buoyed by Wall Street gains ... ( read original story ...)
Japan central bank seen upbeat on growth, gloomy on prices; policy on hold
TOKYO Brightening global growth prospects will allow Japan's central bank to keep monetary policy steady this week and invest time solving the puzzle of why inflation remains stubbornly low despite a tightening job market and robust economic recovery. ( read original story ...)
Japan Post risks becoming the 'next NTT'
The company is perilously close to becoming another Nippon Telegraph and Telephone -- a symbol of a privatization IPO gone wrong. Japan Post shares ended Monday's trading little moved. The stock rose 0.74% to 1,345 yen, as investors remained wary of an ... ( read original story ...)
Japan's solar panel makers cut output as clouds gather
TOKYO -- Japanese solar panel makers are slashing domestic production, looking to reduce costs and rethink sales strategies in the face of shrinking demand and price competition from foreign rivals. Kyocera halted production at a solar panel assembly plant ... ( read original story ...)
Japan's labor shortage imperils economic growth
TOKYO -- Construction companies in Japan are scrambling to hire site managers as the industry is gearing up for a surge in building projects ahead of the 2020 Tokyo Olympics. A website operated by C4, a specialized job placement service for construction ... ( read original story ...)
Japan grapples with evacuation plans for nationals in South Korea
TOKYO -- Japan's government is reckoning with the challenge of ensuring that its nearly 60,000 citizens in South Korea can escape in the event of a crisis on the Korean Peninsula. Tokyo is "preparing various responses" and seeking mutual understanding with ... ( read original story ...)
Japan won't resort to 'helicopter money': Finance Minister Aso
NEW YORK Japanese Finance Minister Taro Aso said there was no quick fix for the country's tattered finances, shrugging off the chance the central bank would resort to "helicopter money" - or direct underwriting of public debt to fund government spending. ( read original story ...)
TSE chief makes pilgrimage for massive Aramco IPO
The selection process has likely already gotten into full swing. This month, Aramco's IPO team visited Japan, where it apparently heard such pro-TSE arguments as the depth of the market's retail investor base. Meanwhile, in China, government funds and ... ( read original story ...)
Japan Post considers multi-billion dollar Toll Group writedown
Those failings, say brokers, have been reflected in Japan Post Holdings’ share price — trading 6 per cent below its IPO price of ¥1,400 per share. The 2015 IPO was the first of an estimated three tranches of government sales of shares in Japan Post ... ( read original story ...)
Ghostly Tokyo: the vengeful spirits who haunt the city, and where to go to feel their wrath
Central Tokyo’s Otemachi financial district is a forest of towers that sits on some of the world’s most valuable real estate, so it’s a surprise to come across a plot inhabited by no more than a few maples, some neat topiary and a small stele atop a ... ( read original story ...)