TOKYO -- The U.S.-North Korea summit in Singapore could set an important foundation of peace for Asia to pursue further growth, Japanese Prime Minister Shinzo ... which is hosted by Nikkei. Abe told the audience that he had received a telephone call ... ( read original story ...)
How to see Tokyo for less than $1,820
Note that Tokyo has two international airports ... Costs exclude ‘splurge’ option Barry Choi is a personal finance and budget travel expert at Moneywehave.com. He makes regular media appearances where he talks about all things related to money and ... ( read original story ...)
Japanese start-up Mercari’s IPO to mint a new billionaire
Japanese online marketplace Mercari priced its initial public offering at the top of the range to sell ¥130.5 billion (Dh4.4bn) worth of shares, a valuation that’s set to make its 40-year-old founder a billionaire. The firm plans to sell 43.5 million ... ( read original story ...)
Mercari’s Top-of-Range IPO Mints a New Japanese Billionaire
Mercari Inc. priced its initial public offering at the top of the range to sell 130.5 billion yen ($1.2 billion) worth of shares, a valuation that’s set to make its 40-year-old founder a billionaire. The online marketplace plans to sell 43.5 million ... ( read original story ...)
Japan Mercari’s IPO to raise $1.2 billion after top-of-range pricing
TOKYO (Reuters) - Flea market app operator Mercari Inc (4385.T) priced its initial public offering (IPO) at the top of an indicative range on Monday, in Japan’s biggest IPO so far this year that is raising up to 130.7 billion yen (0.89 billion pounds). ( read original story ...)
Japan’s Mercari prices IPO at top of range that will raise $1.2 billion
TOKYO (Reuters) - Flea market app operator Mercari Inc (4385.T) priced its initial public offering (IPO) at the top of an indicative range on Monday, a regulatory filing showed, in Japan’s biggest IPO so far this year that is raising 130.7 billion yen ($ ... ( read original story ...)
Japan’s Airbnb refugees are desperate for alternatives
TOKYO -- Some tourists on their way to Japan have begun looking for alternative lodgings now that their Airbnb bookings have been canceled. Last week, the home-sharing pioneer pulled the listings of its Japan hosts who have yet to complete a registration ... ( read original story ...)
Profits and pitfalls — taking over a Japanese company
Starting around 2000, many Japanese companies have adopted meritocracy-based promotion over traditional seniority-based. Combined, it means that life time employment increasingly loses its allure for workers. In fact, a recent Nikkei survey finds that a ... ( read original story ...)
Nikkei rises but gains limited before U.S.: North Korea summit
Japanese stocks rose on Monday but gains were limited as investors focused on the U.S.-North Korea summit, while Tokyo Electric soared as the outcome of a local election was seen to be positive for one of the utility’s nuclear power plants. The Nikkei ... ( read original story ...)
Foxconn leverages Xi’s hopes to raise $4.2bn
TAIPEI/SHANGHAI/OSAKA -- Taiwan's Hon Hai Precision Industry ... The company plans to put some IPO funds toward addressing the cost issue by mechanizing production lines, including by applying artificial intelligence. Investors include Chinese e-commerce ... ( read original story ...)
European banks are flirting with each other again. Here’s why
where there are 170,000 people per bank, and in Japan, where the number of citizens per bank rises to nearly 900,000. "You do have a very divided market across the continent of Europe," Barclays CEO Jes Staley said this week during an interview on CNBC. ( read original story ...)
Days are numbered for ATMs in Japan’s banking system
On May 2, Shinsei Bank announced that starting from October it will impose fees for automatic teller machine (ATM) transactions. Shinsei’s main sales point has always been its lack of ATM fees, but the bank will start charging ¥108 per ATM withdrawal ... ( read original story ...)
Nikkei drops for the first time in five days; market awaits Fed, ECB
TOKYO (Reuters) - Japan’s Nikkei share average snapped a four-day winning streak in choppy trade on Friday morning, with many investors on the sidelines as they await major economic events. Large-cap stocks such as SoftBank and Fanuc underperformed. ( read original story ...)
Japan Banks Fixated on Archaic Trading, 35-Year Veteran Says
“You buy when you think it is timely and sell to lock-in capital gains.” The Bank of Japan’s negative interest-rate policy is pressuring domestic lenders to take too much risk, Takahide Kiuchi, a former BOJ board member, said in an interview last mont ( read original story ...)
JGBs hug tight ranges ahead of central bank, G7 meetings
Most market players expect the Bank of Japan to stay with its ultra-loose monetary policy stance in the near future even as the world’s other major central banks gradually shift towards tightening. Still, many investors are looking to whether that ... ( read original story ...)
Japanese Market Modestly Lower
In the banking sector, Mitsubishi UFJ Financial is down 0.2 percent and Sumitomo Mitsui Financial is lower by almost 1 percent. Among oil stocks, Inpex is rising 0.7 percent and Japan Petroleum Exploration is down 0.3 percent despite crude oil prices ... ( read original story ...)