Japan bore the brunt of the declines, with Nikkei 225 Stock Average erasing this year’s gain, while a measure of its volatility surged to the highest since November. U.S. equity futures sank as much as 1.1 percent in Asia today but by 7:35 a.m. in London ... ( read original story ...)
Nikkei futures are down 8%
It all points to an ugly open for Japanese markets in just under two hours time. Nikkei 225 futures were down by around 8% at 8.30am AEDT. Nikkei 225 Futures 4-Hour Chart. Source: Investing.com Just a few days ago all the chat was about the index hitting a ... ( read original story ...)
Bank of Japan reports first drop in monetary base under Kuroda
TOKYO -- The Bank of Japan's pivot toward rate controls as the centerpiece of its ultraloose monetary policy has led the monetary base to decrease for the first time during Gov. Haruhiko Kuroda's tenure. January saw the seasonally adjusted monetary base ... ( read original story ...)
Bitcoin world CAPITAL – Japan’s SECRET billion dollar plan for cryptocurrency price BOOM
Ken Kawai, partner at law firm Anderson Mori & Tomotsune and adviser to finance-tech start-ups, said: “Regulators in Japan are usually conservative and not first movers. “The Government wants to facilitate fintech through cryptocurrency and blockchain ... ( read original story ...)
Toshiba considering IPO for memory chip unit
REUTERS TOKYO: Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale to a Bain Capital-led consortium fails to gain antitrust approval by the end of March, the Financial Times reported on Monday. The IPO is one ... ( read original story ...)
Ministry admits existence of more records on land sale to Moritomo
The ministry had previously said all pertinent documents about the sale of the land to Osaka-based Moritomo Gakuen were discarded. However, Mitsuru Ota, director-general of the Finance Ministry’s Financial Bureau, acknowledged at an Upper House Budget ... ( read original story ...)
Bank of Japan offers ‘unlimited’ bond buying to curb rising yields
Heavy buying of JGBs raises the price of bonds to force down their yield, an essential element of the BOJ's ultra-loose yield curve control (YCC) policy. It was the first time in more than six months that the BOJ has conducted special operations to buy ... ( read original story ...)
Bank of Japan’s big gun makes little dent in yen
TOKYO -- A double-barreled blast of bond buying by the Bank of Japan did little to weaken the yen on Friday, as the test of wills continues between the central bank and the investors who suspect it is readying to retreat on massive monetary easing. ( read original story ...)
Nikkei falls as banks slide, Kyocera posts 1.5 pct weekly drop
Bucking the weakness, Kobe Steel jumped 5.8 per cent after it reinstated its annual profit forecast. TOKYO: Japan's Nikkei share average fell on Friday on weakness in most sectors, with banking stocks down on worries that domestic bond yields would be kept ... ( read original story ...)
Nikkei falls as banks slide; Kyocera posts 1.5% weekly drop
Japan's Nikkei share average fell on Friday on weakness in most sectors, with banking stocks down on worries that domestic bond yields would be kept low after the central bank conducted a special bond purchase operation to curb rising yields. Kyocera Corp ... ( read original story ...)
‘Let’s do an FTA based on jobs,’ key Moon aide tells Japan
It seems a good way to satisfy Japan Inc.'s thirst for quality workers ... "Let's do a free trade agreement based on jobs," Kim said in an interview with the Nikkei Asian Review at the presidential Blue House on Wednesday. "Let's offer more working ... ( read original story ...)
Bank of Japan Is Missing a Big Opportunity
It’s almost as though there’s too much good news in Japan. So much that some investors are starting to expect the Bank of Japan to lay groundwork for easing off its stimulus – and the central bank is falling over itself to convince them that policy ... ( read original story ...)
Western banks make push into Japanese dealmaking as fee pool hits record
HONG KONG/SINGAPORE/TOKYO (Reuters) - Western banks are bulking up in Japan, attracted by record investment banking fees and expectations of a rise in dealmaking as cashed-up companies in the world’s third-largest economy step up their hunt for overseas ... ( read original story ...)
Airbnb CFO departs, leaving IPO timeline unclear
A man walks past a logo of Airbnb after a news conference in Tokyo, Japan, November 26 ... “I know people will ask what these changes mean for a potential IPO. Let me address this directly. We are not going public in 2018,” Chesky said in the statement. ( read original story ...)
Tokyo stocks open higher with focus on earnings
Tokyo stocks opened higher on Thursday, supported by modest gains on Wall Street with investor focus shifting to a number of upcoming corporate earnings announcements. The benchmark Nikkei 225 index, which fell for the sixth straight day on Wednesday ... ( read original story ...)
In Aramco IPO, China talks crucial for choice of listing venue: Sources
Japan and South Korea before deciding where to list shares in state oil company Saudi Aramco, three sources familiar with the discussions said. Continue Reading Below The decision shows the initial public offering (IPO), which could be the biggest in ... ( read original story ...)