Japan's jobless rate held steady at 2.8 percent in October ... faster than a 1.5 percent gain in April-June, another report from the finance ministry showed. The capex data, which the government uses to calculate revised gross domestic product (GDP ... ( read original story ...)
Japan’s Biggest IPO of 2017 May Deliver Almost 30% in a Year
Shares of SG Holdings, the operator of Japan’s second-largest parcel delivery company by volume Sagawa Express, could rise as much as 27 percent by a year after its debut this month as investors bet on solid earnings helped by logistics services home and ... ( read original story ...)
South Korea’s Hyosung eyes Japan market by way of Vietnam
Japanese automakers are increasingly adopting plastics in auto ... tariffs in the region will be largely eliminated. Additional reporting by Nikkei staff writers Atsushi Tomiyama in Hanoi and Yuta Koyanagi in Tokyo. ( read original story ...)
Japan to set emperor’s abdication date next week
TOKYO -- Japan is expected to schedule Emperor Akihito's abdication for April 30, 2019, when the cabinet meets next week, aiming to give citizens time to reflect on the reign change without a divisive political event. The Imperial House Council ... ( read original story ...)
Modest Bank of Japan move could spark major market flows
LONDON: The era of super-cheap money is ending, and stocks’ remarkable run to new highs and bond yields’ refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride. Yet while attention is fixed on the US ... ( read original story ...)
Fujita Kanko Will Open Hotel Gracery Namba in Osaka, Japan, in 2019
TOKYO, Nov. 30, 2017 /PRNewswire/ -- Leading Japanese hotelier Fujita Kanko Inc. announced its plan to open Hotel Gracery Namba in Osaka, Japan. Construction is expected to begin in January 2018, with an opening scheduled for summer 2019. Hotel Gracery ... ( read original story ...)
Japan’s leading digital coin exchange arrives in Korea
Japan has the largest digital token trading volume in the world ... are categorized as online vendors, thus not regulated by finance-related rules. Calls have been growing that investments in such tokens should be done within the rules of finance as ... ( read original story ...)
Nikkei rises, led by banks, financials; shrugs off North Korean missile launch
TOKYO: Japanese stocks rose on Wednesday as banks and financial shares tracked their US counterparts higher, shrugging off another North Korean missile launch. The Nikkei share average ended 0.5 per cent higher at 22,597.20, while the broader Topix ... ( read original story ...)
Demographics to stress Japan regional banks: BoJ official
Japan’s declining population could eventually pose a risk to its regional banks and financial system, Bank of Japan deputy governor Hiroshi Nakaso said in the last of three key speeches that may serve as his swan song after nearly four decades at the ... ( read original story ...)
Commentary: Modest Bank of Japan move could spark major market flows
(Reuters) - The era of super-cheap money is ending, and stocks’ remarkable run to new highs and bond yields’ refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride. Yet while attention is fixed on ... ( read original story ...)
Physical Money Is Here To Stay – For Now, Says Bank Of Japan
Digital currencies are growing in popularity but, in terms of replacing physical money, that isn’t going to happen anytime soon. That’s according to Hiromi Yamaoka, head of the Bank of Japan’s payment and settlement systems department, who made those ... ( read original story ...)
Tokyo Disney Resort operator shares jumps after expansion plan report
TOKYO (Reuters) - Shares of Oriental Land Co Ltd (:4661.T ... In a statement, Oriental Land said it has been planning a major development from its financial year beginning April 2021 and later but that nothing specific has been decided. ( read original story ...)
Japan ETFs in Focus as Retail Sales Fall
Japan’s retail sales fell short of expectations in October, after a weak GDP reading in the third quarter. Retail sales declined 0.2% year-over-year in October compared with expectations of 0.2% increase, per the Ministry of Economy, Trade, and Industry ... ( read original story ...)
Hong Kong listing would help Aramco with huge Chinese demand for IPO: HKEX CEO
Saudi Aramco's CEO said in October that exchanges such as New York, London, Tokyo, and Hong Kong have been looked at for a partial listing of the state company's planned $100 billion IPO. "It will become a great platform for the two major sovereigns to use ... ( read original story ...)
Modest Bank of Japan move could spark major market flows: McGeever
LONDON, Nov 29 (Reuters) - The era of super-cheap money is ending, and stocks' remarkable run to new highs and bond yields' refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride. Yet while attention is ... ( read original story ...)
Nikkei rises, led by banks, financials
TOKYO, Nov 29 (Reuters) - Japan's Nikkei share average rose on Wednesday as banks and financial shares tracked their U.S. counterparts higher, shrugging off another North Korean missile launch. The Nikkei was up 0.4 percent at 22,576.86 points at the end ... ( read original story ...)