Japan pushes for March signing of TPP 11

TOKYO -- The Japanese government is working to have a retooled version of the Trans-Pacific Partnership, the multilateral trade and investment agreement abandoned by the U.S, signed by early March. But labor rights and other issues remain sticking points ... ( read original story ...)

Nikkei edges up, helped by hopes for c.bank purchases of ETFs

TOKYO: Japan's Nikkei share average erased early losses and scraped out gains on Monday as expectations that the Bank of Japan would buy more exchange-traded funds (ETFs) offset drops by financial stocks. The central bank periodically buys ETFs as part of ... ( read original story ...)

BoJ says low rates hurting Japanese banks

TOKYO: Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan ... ( read original story ...)

Can Japan produce a tech unicorn in 2018?

But not in Japan. While the U.S has 112 of the 222 such businesses in the world today, Japan has just one, according to CB Insights, a research group. That is far fewer than China with 59 or even India with three. Why this yawning gap between Japan and ... ( read original story ...)

Tokyo Cuts Costs for 2020 Summer Olympics

“We want to deliver fantastic games but at the same time we don’t want to use any public funds if we can help it,” said Hidemasa Nakamura, the chief financial officer of Tokyo 2020. “We will continue to try to reduce (costs) further.” The Tokyo ... ( read original story ...)

Tokyo Cuts Costs for 2022 Summer Olympics

“We want to deliver fantastic games but at the same time we don’t want to use any public funds if we can help it,” said Hidemasa Nakamura, the chief financial officer of Tokyo 2020. “We will continue to try to reduce (costs) further.” The Tokyo ... ( read original story ...)

Xiaomi IPO could plug into Internet of Things hype

Muji's Tokyo-listed parent Ryohin Keikaku trades at 28 times forward ... The company has asked banks to pitch for a 2018 IPO, Reuters has previously reported. One source told Reuters expectations of continued sharp growth into 2019 would make an IPO ... ( read original story ...)

China, Japan to enhance fiscal, monetary cooperation

Senior finance officials from China and Japan agreed to step up cooperation in fiscal and monetary areas, according to the Ministry of Finance. Vice finance minister of China Shi Yaobin and Japan's State Minister of Cabinet Office Takao Ochi met in Beijing ... ( read original story ...)

Japan’s births to plumb a record low in 2017

It is seen widening to 403,000 in 2017 to hit 400,000 for the first time as Japan's population decline becomes more severe than ever. The gift of life More babies have been born in hospitals on Dec. 25 than on any other day over the last decade, a Nikkei ... ( read original story ...)

Japan’s per capita GDP ranking rebounded slightly in 2016

TOKYO -- Japan ranked 18th among 35 developed economies in per capita nominal gross domestic product in 2016, two spots above where it placed the year before, largely due to a strong yen inflating the figure in dollar terms. Japan's per capita GDP rose 12 ... ( read original story ...)

Japan’s retail stock traders begin tapping power of AI

TOKYO -- Japan's brokerages are bringing the power of predictive stock ... users personalized advice on trading futures and options based on how they believe the Nikkei Stock Average will move. Clients will also be able to simulate how their positions ... ( read original story ...)

Sharp Corp to appoint co-chief executives starting Jan. 1: Nikkei

(Reuters) - Japan’s Sharp Corp may appoint co-chief executives starting from Jan. 1, the Nikkei newspaper reported on Friday. The Nikkei said the appointments were intended to enable a smooth transition from President Tai Jeng-wu, who was appointed after ... ( read original story ...)