The Japanese technology and investment group plans to list a roughly 30% stake in its namesake mobile subsidiary, which would raise an estimated 2 trillion yen ($18.2 billion). An initial public offering would "bring out the value of the domestic wireless ... ( read original story ...)
Japan’s top reflationist sees his central banking career as over
TOKYO -- Bank of Japan Deputy Gov. Kikuo Iwata has expressed doubt that he will be kept on after his term ends March 19, with the measures he pushed for having failed to fully deliver. "I am sure I will not be reappointed," Iwata said in a speech Jan. 31 ... ( read original story ...
BOJ Suzuki-Must Be Vigilant to Impact of Easing on Bank Profits
WAKAYAMA, Japan — Bank of Japan board member Hitoshi Suzuki said on Thursday the central bank must be vigilant to the potential damage that prolonged monetary easing could have on financial institutions' profits and the country's banking system. ( read original story ...)
SoftBank prepares Japanese mobile IPO
SoftBank will aim for an initial public offering of its Japanese telecoms business in the next 12 months in a move that will allow the acquisitive group to focus more on investing its $93bn tech-focused war chest. A Tokyo listing of SoftBank’s mobile ... ( read original story ...)
Softbank confirms preparations for domestic mobile business IPO
It’s official. SoftBank has confirmed that it has launched preparations for a Tokyo listing of its domestic mobile phone business in a bid to increase the technology group’s investment clout. Its billionaire founder Masayoshi Son says the initial ... ( read original story ...)
Japan’s SoftBank prepares listing of mobile unit
There was no confirmation of those details in SoftBank’s statement. “With the IPO of SoftBank’s Japan operations, the various parts of the company can continue to grow independently,” company head Masayoshi Son said. “This way I can also spend ... ( read original story ...)
SoftBank prepares for telecoms IPO, CEO aims for this year
TOKYO (Reuters) - SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year, a move towards completing its transformation from a domestic telecoms upstart into one of the world’s biggest technology investors. ( read original story ...)
The Bank of Japan Is Missing a Big Opportunity: Daniel Moss
(Bloomberg View) -- It’s almost as though there’s too much good news in Japan. So much that some investors are starting to expect the Bank of Japan to lay groundwork for easing off its stimulus – and the central bank is falling over itself to ... ( read original story ...)
Japan Net Bank tests blockchain with mijin and Hyperledger
Japan Net Bank, the country's first online bank, is using the mijin and Hyperledger blockchains to streamline its processes and make them more resilient. Fintech and cryptocurrency company Tech Bureau, which developed mijin blockchain announced the pilot ... ( read original story ...)
Japan’s Nikkei stock index falls more than 1,000 points
Japan's benchmark Nikkei 225 index fell more than 1,500 points at its lows on Tuesday, but the benchmark pared some of those losses ahead of its close. On Tuesday, the Nikkei tumbled 4.73 percent, or 1,071.84 points, to close at 21,610.24 as stocks across ... ( read original story ...)
Asia Markets LIVE: Nikkei 225 PLUNGES nearly 1,500 points – BIGGEST drop since 1990 crash
Japan's Nikkei share average dived on Tuesday morning to a level not seen since late October after Wall Street plunged overnight on concerns about rising bond yields and potentially rising inflation. The Nikkei fell to as low as 21,698.52 and was down 4 ... ( read original story ...)
Abe turns ire on Asahi for story on planned Moritomo school
Osaka Prefecture, included a document explaining that a planned elementary school on the site would be named 'Shinzo Abe commemorative elementary school.' " Six months after that Kagoike interview, the Finance Ministry responded to a request from the CDP ... ( read original story ...)
Japan’s Nikkei stock index falls more than 1,500 points — worst point drop since 1990
Japan's benchmark Nikkei 225 index fell more than 1,500 points on Tuesday, tracking steep losses seen overnight on Wall Street. On Tuesday, the Nikkei tumbled 6.89 percent, or 1,563.21 points, at 12:48 p.m. HK/SIN. The losses followed a massive U.S. sell ... ( read original story ...)
Markets Right Now: Asian shares tumble, Nikkei drops 7.1 pct
Top Japanese officials are seeking to downplay concerns about plunging share prices, pointing to strong growth and corporate earnings as reasons for calm. The comments came as the benchmark Nikkei 225 index dipped 7.1 per cent in Tuesday afternoon trading ... ( read original story ...)
Markets Right Now: Nikkei trims losses, ends down 4.7 pct
Japan's Nikkei 225 index plunged as much as 7.1 percent but recovered some of those losses to close down 4.7 percent at 21,610.24 on Tuesday. Hong Kong's Hang Seng index fell 4.1 percent to 30,938.85 and the Kospi in South Korea lost 1.4 percent to 2,458.06. ( read original story ...)
Nikkei tumbles 5 percent to near four-month low on Wall Street selloff
TOKYO (Reuters) - Japan’s Nikkei share average tumbled 5 percent to hit a near four-month low on Tuesday morning after Wall Street posted its worst decline in four years on fears about rising U.S. bond yields and potentially rising inflation. The Nikkei ... ( read original story ...)