TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average ended flat on Monday as weakness in the banking sector offset gains in index-heavy Fast Retailing, while Subaru tumbled after the company cut its annual profit forecasts. The Nikkei ended almost ... ( read original story ...)
Japan’s Nikkei tops 22,750.70 to hit highest level since 1992
TOKYO, Nov 7 (Reuters) - Japan’s Nikkei jumped to a level not seen since 1992 on Tuesday morning as foreign investors chased the market higher on hopes for strong earnings from Japan Inc. The Nikkei share average opened lower but later gained as much as ... ( read original story ...)
CORRECTED-Nikkei at 21-year high; Fast Retailing jumps on sales
TOKYO, Nov 6 (Reuters) - Japan’s Nikkei share average touched a 21-year high on Monday as strong gains in the mining sector and shares such as clothing company Fast Retailing Co offset banking sector weakness. The Nikkei was up 0.01 percent at the end of ... ( read original story ...)
Sagawa Express’ parent to go public in possibly biggest IPO of year
TOKYO (Kyodo) -- The Tokyo Stock Exchange gave approval Monday ... in what could be the largest initial public offering in the country this year. The IPO is expected to value SG Holdings Co. at around 500 billion yen ($4.4 billion), with an assumed ... ( read original story ...)
Trump Is Leaving Japan Empty-Handed on Trade
They shared an intimate dinner and repeatedly showered each other with praise. But for all the apparent chumminess between President Donald Trump and Japan’s Shinzo Abe, it hasn’t resulted in much concrete action to address Trump’s main complaint ... ( read original story ...)
Nissan to resume domestic production of cars for Japan on Tuesday
TOKYO (Reuters) - Nissan plans to resume production of vehicles for its home market at five of its domestic plants from Tuesday after Japan's transport ministry approved changes to the improper final-inspection procedures that forced a major ... ( read original story ...)
Japanese logistics firm SG Holdings IPO to raise up to $1.1 billion
TOKYO (Reuters) - Japanese logistics company SG Holdings Co said on Monday its initial public offering would raise up to 124.5 billion yen ($1.1 billion), valuing the company at about 500 billion yen. The company, its employee shareholding association and ... ( read original story ...)
IPO Market Stumbles in Denmark as $1 Billion Deal In Doubt
The world’s largest cleaning service provider had to pull its IPO in the last minute in March 2011 as stock markets plunged amid Japan’s nuclear disaster. ISS eventually listed three years later, and has performed well on the Danish exchange with the ... ( read original story ...)
Trump tells Japan to build more cars in the US ‘instead of shipping them over,’ but they already build millions of vehicles in the states
Trump said Japan's manufacturers should build more cars in the US "instead of shipping them over." Japanese car makers like Toyota, Honda, and Nissan already build millions of their best-selling vehicles in the US. The US president made similar comments ... ( read original story ...)
Trump Complains of Unfair Trade With Japan, Defends TPP Pullout
President Donald Trump told a gathering of business leaders in Tokyo that Japan has an unfair advantage on trade and that he intends to fix that imbalance by making it easier to do business in the U.S. "For the last many decades, Japan has been winning. ( read original story ...)
Japan is firing its financial arrows at the wrong target
The yen is down 32%, corporate profits are thriving and the Nikkei Stock Average is breaking records again. Abe's fiscal dart fell way short of its target, thanks to counterproductive increases in Japan's sales tax in 2014 and 2015. The third and most ... ( read original story ...)
Japan’s Smaller Banks, Desperate for New Revenue, Turn to Dealmaking
In Japan's traditional banking culture, advising a client to sell a firm was considered unseemly, even rude - implying that the business had failed. Yet more small business owners in rural areas are struggling to find successors because their children ... ( read original story ...)
Cool Japan Fund’s big ambitions mostly fall flat
Ota acknowledged the Malaysian store's struggles and told The Nikkei that the fund is working to turn it around. The four-year-old Cool Japan Fund is the centerpiece of the government's "Cool Japan" strategy to promote cultural exports such as anime and food. ( read original story ...)
Japan’s Abe rolls out red carpet for Trump
TOKYO -- Prime Minister Shinzo Abe is lavishing U.S. President Donald Trump with a welcome reserved for formal state guests during his visit to Japan, looking to use hospitality to highlight close ties with its powerful ally. Trump kicked off his visit ... ( read original story ...)
Five things to see at the Tokyo Motor Show
Tokyo (AFP) - From a car that wants to be your friend to another that burns off the fat: here are five hot vehicles on display at the Tokyo Motor Show. The biennial event opens for a media preview on Wednesday, before throwing its doors open to the public ... ( read original story ...)
Trump in Japan on 1st leg of Asia trip, regional security a focus
TOKYO (Kyodo) -- U.S. President Donald Trump arrived in Japan, the first leg of his Asian trip, on Sunday for a three-day visit in which he will look to put on show with Prime Minister Shinzo Abe the strength of their countries' defense alliance in the ... ( read original story ...)