Business confidence at big Japanese manufacturers worsened in March from three months ago, the Bank of Japan's closely watched "tankan" survey showed on Monday. This underscored concerns that slumping ... ( read original story ...)
Japanese Manufacturer Sentiment Sinks Most in Six Years
Sentiment dropped to 12 in March from 19 in December, according to a quarterly Tankan survey released by the Bank of Japan, an indication of dented confidence among Japan’s biggest exporters. That was ... ( read original story ...)
BOJ Tankan shows Japan business sentiment in retreat
TOKYO -- Sentiment among Japan's large manufacturers slumped in ... Economists had expected a reading of 14, according to a poll conducted by Nikkei group company QUICK. The decline marks the ... ( read original story ...)
ESR Acquires Tokyo Bay Site for $1B Shed Project in Run-Up to IPO
Asia logistics real estate platform ESR announced on March 29 that it has acquired a parcel of land on Japan’s Tokyo Bay for development of a $1 billion warehouse facility. The Warburg Pincus-backed ... ( read original story ...)
Japan’s banks can’t blame BOJ for their problems, new head of lobby says
TOKYO (Reuters) - Japanese lenders should not blame the Bank of Japan’s ultra-loose monetary policy for their inability to boost trading revenue or for poor returns borne of lax risk management, the ... ( read original story ...)
Small businesses see savior in Japan’s blue-collar labor influx
TOKYO -- As Japan prepares to accept foreign blue-collar workers in greater numbers than ever, small and midsize businesses are looking to the new visa rules taking effect Monday for relief from a ... ( read original story ...)
Ancient tradition carries forward with Japan’s new era
TOKYO -- After 30 years on the throne, Japanese Emperor Akihito will abdicate in about one month. That will mean the end of the current Heisei era, and the country is waiting with bated breath to ... ( read original story ...)
Japan’s Online-Shopping King Gets Lift From IPO — WSJ
TOKYO -- The debut of Lyft Inc. shares at a valuation of $24 billion marks the arrival of Japanese billionaire Hiroshi Mikitani to the list of Silicon Valley's venture-capital heavyweights. Mr. ... ( read original story ...)
Osaka panel urges prosecutors to reopen probe into government’s murky Moritomo Gakuen land deal
OSAKA - A judicial panel is urging prosecutors to reinvestigate a case against a former senior Finance Ministry official who was involved in the state land sale that sparked allegations of cronyism ... ( read original story ...)
Japan: 13 Banks Invest in SBI’s Ripple-Powered Blockchain Payment App
The project was initially joined by three Japanese banks – SBI Sumishin Net Bank, Suruga Bank and Resona Bank. However, the announcement stated that MoneyTap will eventually see a consortium of ... ( read original story ...)
Japan’s Government Bonds Have a Cute Sales Mascot, But Only One Buyer Matters
Why bother to encourage private investors to buy JGBs when the BOJ has been devouring enough of them to finance the bulk of the government budget deficit since Prime Minister Shinzo Abe took office in ... ( read original story ...)
As IPO flood recedes, Asia bankers bet on follow-on capital raising
The data make for a sobering read after 2018 when Asia’s red-hot markets hosted many multi-billion dollar IPOs, including SoftBank Corp’s $23.6 billion Tokyo float and Xiaomi ... such issue within a ... ( read original story ...)
Japan construction industry watchdog to keep foreign workers safe
TOKYO -- Japan's government is setting up a supervisory body to keep the country's construction industry from underpaying or otherwise mistreating foreign workers. A law takes affect on Monday ... ( read original story ...)
Nikkei up on U.S.-China trade talk optimism; Daiichi Sankyo jumps
TOKYO, March 29 (Reuters) - Japan’s Nikkei rose on Friday on optimism about the latest round of U.S.-China trade talks, with cyclical sectors such as shipping and machinery advancing on the last day ... ( read original story ...)
REFILE-Nikkei rises on optimism over U.S.-China trade talks; Daiichi Sankyo jumps
TOKYO, March 29 (Reuters) - Japan’s Nikkei rose on Friday on optimism about the latest round of U.S.-China trade talks, with cyclical sectors such as shipping and machinery advancing on the last day ... ( read original story ...)
Tokyo bourse to take over Japan’s once-mighty commodities exchange
TOKYO (Reuters) - Japan Exchange Group (JPX), owner of the Tokyo Stock Exchange, said on Thursday it would take over the Tokyo Commodity Exchange (TOCOM) to create an all-in-one bourse that would ... ( read original story ...)