Share sales in Asia ex-Japan are set to rebound in 2017 from three-year lows this year, driven by listings of financial firms in Greater China, including the world's biggest fintech IPO, and a further revival of offerings in India, bankers and investors said. ( read original story ...)
Japan Is Finally Embracing Startups
Japan has been dry ground for start-ups ... Of the current crop, only one in 10 will survive, Yurimoto predicts, and only one in 1,000 will make it to IPO, like Line and Mixi. ($1 = 117.3700 yen) ( read original story ...)
Tokyo slumps as yen strengthens, Toshiba plunges again
Tokyo slumped Thursday as the yen strengthened against the dollar while Toshiba's stock plunged for the third straight day. The troubled conglomerate's shares ended another torrid day 17 percent down, following the company's warning of a possible one-time ... ( read original story ...)
Tokyo follows Wall Street down as Toshiba stocks plunge again
Tokyo followed Wall Street lower Thursday and US crude oil edged down from recent highs as Toshiba's stock plunged for the third straight day. The troubled conglomerate's stock ended another torrid day 17 percent down, following the company's warning of a ... ( read original story ...)
Japan defence minister visits Yasukuni war shrine
Japan's hawkish defence minister prayed Thursday at a controversial war shrine in Tokyo the day after accompanying Prime Minister Shinzo Abe on a symbolic visit of reconciliation to Pearl Harbor, drawing condemnation from China and South Korea. Yasukuni ... ( read original story ...)
Japan's Nomura sees opportunities from Trump's pro-business agenda
TOKYO Nomura Holdings Inc (8604.T) sees opportunities in the pro-business stance of U.S. president-elect Donald Trump, though his protectionist tilt brings uncertainty to the global economy, said the chief of Japan's biggest brokerage and investment bank. ( read original story ...)
Tokyo follows Wall Street fall as Toshiba stocks plunge again
Tokyo followed Wall Street lower Thursday and oil edged down from recent highs as Toshiba's stock plunged for the third straight day. The Dow receded after nearing the historic 20,000 benchmark with shares of some banks falling more than one percent after ... ( read original story ...)
Head of Japan's largest ad agency resigns over 'death by overwork'
TOKYO (Reuters) - The president of Dentsu Inc , Japan's largest advertising agency, will step down over the "death by overwork" of a young employee, a suicide which has prompted official probes and fresh hand-wringing over Japan's overtime culture. ( read original story ...)
BOJ Kuroda sees steady Japan recovery next year – Nikkei
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said he expects Japan's economy to enjoy a steady recovery throughout next year as global headwinds die down, according to the Nikkei newspaper, reinforcing market expectations that the central bank ... ( read original story ...)
Nikkei drops to near 3-week low hit by weak Wall St, strong yen
TOKYO Dec 29 Japan's Nikkei share average fell to a near three-week low on Thursday as weakness on Wall Street and a stronger yen hurt sentiment, but Takata Corp surged 16 percent on news that it could settle U.S. criminal charges over defective air bags. ( read original story ...)
Japan Inc. taking responsibility for work reform
TOKYO -- The resignation of Dentsu's president over an employee's overwork-related suicide shows that Japanese corporate management is taking the issue of work conditions seriously, acknowledging the need to revise practices and prioritize the well-being ... ( read original story ...)
Dollar dips, Nikkei slugged by Toshiba selloff
Japan's Nikkei shed 1.3 percent as the yen firmed and Toshiba Corp dived 16 percent after news of potential massive writedowns led to a downgrade of its credit ratings. S&P said it expected shareholder equity to "drastically shrink", eroding the ... ( read original story ...)
Top 3 ETFs to Track the Nikkei in 2017 (JPNH, HJPX)
Among exchange-traded funds (ETFs) that seek to provide exposure to Japanese markets, ETFs that track the Nikkei are fairly rare. Many ETFs that track the Japanese market track the MSCI Japan Index, the Nasdaq AlphaDEX Japan Index, or the FTSE Japan 100% ... ( read original story ...)
Hong Kong and New York battle for IPO dominance
Tokyo and Copenhagen rounded out the top with $9.6bn and $ ... Hopes for improvement rest heavily on the tech sector. Heading the 2017 IPO list is Snap, the messaging app readying for a New York listing as soon as March. Bankers will be seeking a repeat ... ( read original story ...)
Tokyo ends flat as Toshiba shares plunge again
Tokyo shares ended flat Wednesday despite Toshiba's second straight double-digit plunge, in quiet Asian trading before the New Year, while US crude oil finally ended a winning streak. Stock in the troubled Japanese conglomerate plummeted more than 20 ... ( read original story ...)
Nikkei flat in thin trade; Toshiba dives as Hitachi soars
TOKYO, Dec 28 Japan's Nikkei share average was flat on Wednesday morning in thin end-of-year trade, while Toshiba Corp tumbled 20 percent on continued concerns about posting a big special loss. The Nikkei was barely changed at 19,401.70 in midmorning trade ... ( read original story ...)