TOKYO -- Obayashi is under investigation for allegedly trying to rig bidding for contracts related to Japan's first commercial high-speed maglev train line, a megaproject that the country's construction companies hope will keep earnings healthy after the ... ( read original story ...)
Bitcoin latest: Japan pushing cryptocurrency’s HUGE growth claims exchange chief
I think Japan is leading the market higher. Yuzo Kano, chief executive of bitFlyer Yuzo Kano, chief executive of bitFlyer a Japanese trading platform for bitcoin said his Tokyo-based exchange was big enough to handle even the biggest market movements. ( read original story ...)
Newly listed firms fail to make gains
Nissin Foods, which is based in Osaka and is a spinoff of Tokyo-listed Nissin Foods Holdings, raised HK$951 million from its Hong Kong offering. The retail tranche of its IPO was oversubscribed 32 times. Meanwhile, Solis Holdings (2227) opened trading ... ( read original story ...)
With IPO, Nissin prepped to push premium noodles in China
The Monday IPO brought in some 950 million Hong Kong dollars ($121.7 ... letting managers track local demand and make decisions quickly at the local level. "We hope to unite Japanese craftsmanship and Chinese salesmanship to power growth," said Ando's ... ( read original story ...)
Japan to establish new counterterrorism center ahead of 2020 Olympics
TOKYO (Kyodo) -- The Japanese government decided Monday to establish a counterterrorism information center next summer to strengthen anti-terrorism steps ahead of the 2020 Olympics and Paralympics. The organization will bring together officials from 11 ... ( read original story ...)
Japanese noodles maker drops 4.8pc in Hong Kong debut
The Osaka-based comp... Japanese noodles maker Nissin Foods (1475) tumbled on its debut today. At close, the spin-off of Tokyo-listed Nissin Foods Holdings dropped to HK$3.37, slipped 4.80 percent, compared with the HK$3.54 IPO price. The stock opened at ... ( read original story ...)
Japan’s competition watchdog at odds with financial sector over mergers
TOKYO -- The rift is widening between Japan's regional banks and the Japan Fair Trade Commission, even as the competition watchdog continues to deny it is hindering integration deals. The JFTC does not approve deals that would negatively impact customers ... ( read original story ...)
Japan woos Russia for its own security
Valery Gerasimov, chief of the general staff of Russia's armed forces, is visiting Japan this week, in a trip that will raise eyebrows in the U.S. and western European capitals. For Gerasimov is none other than the controversial creator of the "Gerasimov ... ( read original story ...)
Once a ‘scientist’s paradise,’ Japan’s Riken seeks new vitality
TOKYO -- Riken, Japan's national research institute, celebrated its 100th anniversary this year. The organization was once called a "scientist's paradise," but those days seem to be over, as its research has been mostly determined by the government in ... ( read original story ...)
Bank of Japan’s $150 Billion ETF Binge Looks Likely to Slow Next Year
As stocks surge and consumer prices inch higher, investors say it’s time for the Bank of Japan to reduce equity purchases that have been criticized for distorting the market. Sometime next year, the BOJ will cut its annual buying target for domestic ... ( read original story ...)
Japan, US, EU to join in pressuring China on fair trade
TOKYO -- Japan, the U.S. and the European Union will join together to call for fairer trade practices at the ministerial meeting of the World Trade Organization to be held in Buenos Aires from Sunday. They are expected to announce a joint policy to develop ... ( read original story ...)
Japan Inc. heads for record dividends topping $100bn
Most Japanese companies' payout ratios cluster around the same level, showing little individuality in spending strategies. Paying more, but not proportionally The Nikkei calculated completed and planned payouts by listed Japanese companies that close their ... ( read original story ...)
The Bank Of Japan May Not Reach 2% Inflation Target, But That’s No Reason To Change Monetary Policy
Several observers have noticed recent changes in tone in monetary policy in Japan. First, as the media reports, the BOJ governor Haruhiko Kuroda gave a speech at Zurich on November 13. In the lecture, he suggested the possibility of the “reversal rate ... ( read original story ...)
Japan could still join China Infrastructure Bank, says Shinzo Abe ally
Tokyo: Japan could consider joining China’s Asian Infrastructure Investment Bank if it makes some changes, a ruling coalition party executive said in an interview in Tokyo on Wednesday. Yoshihisa Inoue, secretary general of Japanese Prime Minister Shinzo ... ( read original story ...)
Japan Bank Lending Rises 2.7% On Year In November
Overall bank lending in Japan was up 2.7 percent on year in November, the Bank of Japan said on Friday - coming in at 518.099 trillion yen. That was below expectations for a gain of 2.8 percent, which would have been unchanged from the previous month. ( read original story ...)
Nikkei leads the way as Asian shares rally; bitcoin shoots for the moon
Japan's Nikkei led the way again with an early gain of 0.9 per cent, adding to Thursday's 1.45 per cent bounce. Australian stocks put on 0.4 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent. Bidders were ... ( read original story ...)