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 ...)

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 ...)

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 ...)

Toshiba considers IPO of $18bn memory chip business

The IPO proposal, which some analysts and Toshiba shareholders ... The equity issuance, which followed an upgrade of Toshiba’s status by the Tokyo Stock Exchange, has dramatically improved the company’s finances — to the point, argue some of its ... ( read original story ...)

Submarine detection a rude awakening for Sino-Japan relations

China, it seems, intends to tail any Japanese vessels entering the zone. In response to The Nikkei's inquiry, the ministry, which usually sends written answers, replied over the phone that it took the position already announced by China. It has released an ... ( read original story ...)

Negative rate policy sapping Japanese banks’ stamina

TOKYO -- In the nearly two years since the Bank of Japan embarked on its negative interest rate policy, the country's major banks have seen their lending operations deteriorate as their average lending rate remains stuck at under 1%. The troubles are ... ( read original story ...)

Tokyo Smoke goes public as cannabis companies eye retail

What company becomes the Starbucks of the industry, however, remains to be seen. Tokyo Smoke, owned by TS Brandco Holdings Inc., has been trying to manoeuvre into this position since 2015, carefully cultivating a hip, cannabis-centred lifestyle brand in ... ( read original story ...)

Nikkei drops for 6th day as mining companies, steelmakers fall

Inpex Corp dropped 2.4 per cent and Nippon Steel & Sumitomo Metal shed 2.1 per cent. TOKYO: Japan's Nikkei share average fell for a sixth straight day on Wednesday in choppy trade, with most sectors in negative territory, while large-cap stock Advantest ... ( read original story ...)