Life could get choppy for Sea after $1 bln IPO

He declined to comment on the IPO. Throwing around the kind of money needed to keep pace can be tricky for a smallish public company. Japan's Rakuten closed online marketplaces in Singapore, Malaysia, and Indonesia last year because it was wary of ... ( read original story ...)

The Bank of Japan Adds a New Dove to the Dole – CPI on Deck

The Japanese Yen posted a string of losses against most major currencies this week, with a trough-to-peak move of approximately 200 pips in USD/JPY. The pair gapped-higher on the Sunday open for the second consecutive week and continued to run-higher. ( read original story ...)

Why Japan is Becoming the World’s FinTech Leader

The Japanese banking regulators are, at least in this sense, far less conservative than you think, and they are setting up a finical ecosystem in Japan that will lead to far more innovative finTech startups than we are seeing coming out of Europe of America. ( read original story ...)

Japan bank industry risks rise on profit concerns, says S&P

Pedestrians walk past the Bank of Japan headquarters in Tokyo on September 13. With the Bank of Japan leaving its unprecedented monetary easing programme intact on Thursday, S&P said pressure on lending margins may intensify. S&P Global Ratings warned of ... ( read original story ...)

Last Week in Numbers: Japan’s Exports at 4-Year High

The Bank of Japan kept interest rates unchanged at 0.1%. After the two-day policy meeting, it also kept its yield target for 10-year government bonds at around 0%. It said that the optimistic view on the economy should accelerate inflation to its 2% target. ( read original story ...)

Wells Fargo CEO to testify before Senate banking panel on Oct. 3

Praxair Inc Cm (NYSE:PX) was reduced too. Axelsen claims men's singles crown at BWF Japan Open Datuk Lee Chong Wei (pic) is slated to meet newly-crowned world champion Viktor Axelsen of Denmark in the Japan Open final. Moreover, Marin has taken a 2-0 lead ... ( read original story ...)

Japan’s ruling party far ahead of opposition as election nears

TOKYO -- Japan's ruling Liberal Democratic Party is supported by just 44% of voters as the country heads toward a lower house election expected late next month, but the opposition trails far behind, according to a Nikkei/TV Tokyo survey conducted Friday ... ( read original story ...)

Nearly 20% of Japan’s quake recovery funds still sit idle

TOKYO -- Almost $5 billion in funds earmarked for rebuilding Japan's disaster-stricken northeast remain unused, with projects entangled in local debates and nuts-and-bolts complications, a Nikkei study has found. The Nikkei compiled government survey data ... ( read original story ...)

It’s official: Sea files for IPO on NYSE

Japan’s Mistletoe fund of Taizo Son (the younger brother of SoftBank CEO Masayoshi Son), Canada’s Ontario Teachers’ Pension Plan, and US private equity firm General Atlantic LLC. The IPO is great news for all of them as large exits from Asia are rare. ( read original story ...)

It’s official: Singapore unicorn Sea files for IPO on NYSE

Japan’s Mistletoe fund of Taizo Son (the younger brother of SoftBank CEO Masayoshi Son), Canada’s Ontario Teachers’ Pension Plan, and US private equity firm General Atlantic LLC. The IPO is great news for all of them as large exits from Asia are rare. ( read original story ...)

Nikkei gains steam, outpacing other Asian markets

Japan was again a standout, with equities building on this week’s two-year highs as the yen continued to retreat. Meanwhile, Australia underperformed as metal prices fell and utilities stocks slid. The Nikkei NIK, -0.25% was recently up 0.7% ... ( read original story ...)

Finance Ministry delays plan to destroy data on school scandal

The Finance Ministry has decided for the time being not to destroy ... unable to restore data on the negotiations over the sale of land at a sharp discount to Osaka-based Moritomo Gakuen in light of an investigation mounted by the Board of Audit and ... ( read original story ...)