TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion ... ( read original story ...)
Big data turns failed experiments into potential gold mines – Nikkei Asian Review
Often, data from unsuccessful research is shelved and forgotten, if not discarded altogether. But a couple of Japanese chemical companies — Sumitomo Chemical and Mitsubishi Chemical Holdings — have come to the realization that there is value hidden in ... ( read original story ...)
Toyota, Suzuki near technology partnership agreement, report says
Toyota Motor Corp. and Suzuki Motor Corp. are nearing a partnership agreement to develop technology for a variety of functions, including for self-driving vehicles, the Nikkei business daily reported. The two Japanese automakers could announce a deal as ... ( read original story ...)
Asian shares slip after Wall Street fall and Samsung arrest
KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.7 percent to 19,220.59.South Korea's Kospi edged down 0.2 percent to2,077.39. Australia's S&P/ASX 200 fell nearly 0.2 percent to 5,805.80. Hong Kong's Hang Seng shed 0.5 percent to 23,979.67, while the ... ( read original story ...)
US: Remembering Japanese internment camps 75 years on
Now, he eats a light sandwich and salad at Mitsuru Sushi & Grill, a restaurant in Los Angeles' Little Tokyo, where he and other Japanese American community leaders often met when they were founding Nikkei Civil Rights and Redress (NCRR). It is an advocacy ... ( read original story ...)
BOJ's Kuroda warns low rates may sow the seeds of a new financial crisis
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan January 31, 2017. REUTERS/Toru Hanai TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions ... ( read original story ...)
Bank Of Japan Warns Low Rates May Sow Seeds Of New Financial Crisis
Tokyo: Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could sow the seeds of a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks. ( read original story ...)
Japan Post Bank returning to U.S. bonds after post-Trump yield spike
Japan Post Bank is slowly returning to the U.S. bond market after yields spiked following the U.S. election, although the bank sees yields rising further later this year, its chief investment officer said. The Japanese bank is starting to rebuild its ... ( read original story ...)
S&P downgrade warning sends Toshiba shares falling
TOKYO — S&P Global Inc said in a report on Friday it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent. S&P rates ... ( read original story ...)
Japan's thoroughly modern MBA monk
TOKYO -- Japan's striking combination of the ancient and modern may be an obvious cliche to old hands. But, to the visitor, its essential truth is undeniable. As one walks around Tokyo, the two most ubiquitous structures are convenience stores and shrines. ( read original story ...)
Canada Goose: Maker of $1,000 parkas files for IPO
Up next: Selling investors on an IPO. The family-run firm announced on Wednesday that ... It sells in 35 other countries and has gained a strong following in the U.K., France, Japan and Korea. It's planning further expansion in markets including Germany ... ( read original story ...)
Nikkei faces negative week with investors wary of strong yen, Fed talk
TOKYO, Feb 17 Japan's Nikkei share average dropped on Friday morning with the market wary of a stronger yen and financials weakened as U.S. bond yields fell after comments by a senior U.S. Federal Reserve official were viewed as relatively dovish. ( read original story ...)
Japan Post Bank returning to U.S. bonds after post-Trump yield spike: CIO
TOKYO Japan Post Bank (7182.T) is slowly returning to the U.S. bond market after yields spiked following the U.S. election, although the bank sees yields rising further later this year, its chief investment officer said on Thursday. The Japanese bank is ... ( read original story ...)
Japan dreams
MANILA/TOKYO Beside a table with a teapot, teacups and chopsticks, Rovie Ebanculla vacuums a tatami mat while another female colleague cleans a high-tech toilet, the kind that can be found in many Japanese homes. The women are in the Philippines ... ( read original story ...)
US, Japan, South Korea foreign ministers to affirm alliance
TOKYO -- The U.S., Japan and South Korea will reaffirm their three-way partnership as a cornerstone of East Asian diplomacy when the three nations' top diplomats meet on the sidelines of a G-20 foreign ministers' meeting this week. The three countries and ... ( read original story ...)
Souring relations with market puts Bank of Japan's bold experiment to test
TOKYO (Reuters) - Japan's attempts to revive anemic consumer spending through unconventional monetary policy have created new problems for the central bank in its daily dealings with financial markets, as rising global yields muddle its efforts to manage ... ( read original story ...)