TOKYO -- Japan Post is closing the gap with the country's leading parcel shippers thanks to a surge of cost-conscious customers, as the e-commerce explosion pushes its understaffed rivals to raise rates and limit package volumes. In absolute terms ... ( read original story ...)
Nikkei hits 3-month high on solid earnings, Wall Street surge; Suzuki, Panasonic shine
The broader Topix rose 0.98 per cent to 1,794.96. TOKYO: Japan's Nikkei share average rose to a three-month high on Friday, buoyed by tepid US inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for ... ( read original story ...)
Xiaomi’s Hong Kong IPO Is Expected to Be World’s Biggest This Year
HONG KONG—Xiaomi Corp., one of China’s top smartphone makers, said it would launch its initial public offering in Hong Kong—bringing to the city what is expected to be the world’s biggest IPO this year ... Display 2014, Tokyo $3.1 First Data ... ( read original story ...)
Nikkei hits 3-mth high on solid earnings, Wall St surge; Suzuki, Panasonic shine
TOKYO, May 11 (Reuters) - Japan’s Nikkei share average rose to a three-month high on Friday, buoyed by tepid U.S. inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for several companies posting ... ( read original story ...)
Nikkei rises as risk appetite recovers; Toyota drives higher again
Toyota Motor rose 2.3 per cent to 7,592 yen, a fresh three-month high, and was the most traded stock by turnover. TOKYO: Japan's Nikkei share average rose on Thursday as gains on Wall Street and a steady yen boosted investors' risk appetite, while Toyota ... ( read original story ...)
Nikkei hits 3-month highs after Wall St rally; Suzuki, Panasonic shine
TOKYO, May 11 (Reuters) - Japan’s Nikkei share average rose to three-month highs on Friday, buoyed by a surge on Wall Street after weaker-than-expected U.S. inflation data eased concerns over the Federal Reserve hiking interest rates at an accelerated pace. ( read original story ...)
Asia stocks slip, Nikkei 225 back into ¥22,400
Asian stocks tripped over the US' Iran accord pullout but recovered quickly. Japan's Nikkei index is the loser of the bunch for now, struggling to pare off the day's early losses. Asia equities started Wednesday on a rough note, but most indexes have ... ( read original story ...)
Nikkei edges up as risk appetite recovers on Wall St gains; Toyota extends rally
TOKYO, May 10 (Reuters) - Japan’s Nikkei share average edged up on Thursday morning with risk sentiment supported by gains on Wall Street and steady dollar-yen levels, while Toyota extended its gains the day after publishing full-year results. ( read original story ...)
Outside director at Japan auto parts maker faces insider trading probe
TOKYO -- A former outside director with a Japanese automotive electronic parts maker is under ... screening for people who meet the required standards and qualifications. Nikkei submitted a written request for an interview with the person under ... ( read original story ...)
Nikkei rises as banks rally; Takeda up ahead of acquisition news
The broader Topix gained 0.4 per cent to 1,779.82. TOKYO: Japan's Nikkei share average rose on Tuesday as banking stocks rallied while Takeda Pharmaceutical climbed ahead of news the drugmaker had agreed to buy London-listed Shire for $62.42 billion. ( read original story ...)
Deep challenges loom for Japan’s mobile carriers despite profits
The Japanese mobile services market is saturating, and competition is to intensify further when e-commerce giant Rakuten enters the market as the fourth major player in the country next year. And in the newer operations, the three face rivals from other ... ( read original story ...)
Nikkei drops after Trump quits Iran nuclear deal; Toyota’s results eyed
The Nikkei fell 0.5 percent to 22,399.00 in midmorning trade ... The news lifted mining stocks such as Inpex Corp and Japan Drilling by 2.3 percent and 1.6 percent, respectively. “The short-term impact on the stock market may be limited, but worries ... ( read original story ...)
Japan’s BitFlyer Raids Banking Talent in Bid For Global Crypto Exchange
Yuzo Kano, chief executive of major Japanese exchange bitFlyer is trying to build a global cryptocurrency powerhouse, one former financier at a time. The Goldman Sachs Group alumnus who made bitFlyer Japan’s largest bitcoin exchange has doubled his staff ... ( read original story ...)
Japan’s largest bank makes PH its global services operations hub
Japan’s top bank has established its Global Services Operations Center in Manila. MUFG Bank, a member of global financial group MUFG of Japan opened a facility in the capital to further improve the productivity of its operations in overseas units and to ... ( read original story ...)
Forbes Emergent 25: The Women Making Their Mark In Asia’s Enterprises
Since its IPO the stock has more than doubled ... who studied to become a chef and worked at two Italian restaurants before opening her own in Osaka, joined the century-old firm founded by her great-grandfather in 2012, taking the top job in 2015. ( read original story ...)
Goldman Sachs-backed Renew Power files for IPO
The IPO will see the company raise Rs2,600 ... Canadian pension fund Canada Pension Plan Investment Board, Japan’s Jera Inc. and Global Environment Fund among its investors. These investors, over several tranches, have invested a total of Rs6,696.5 ... ( read original story ...)