Japan's Nikkei share average scaled its loftiest peak in more than two decades on Thursday, hoisted by records on Wall Street and underpinned by media forecasts that the ruling party bloc was headed for a win in elections later this month. The Nikkei ended ... ( read original story ...)
Nikkei notches 21-yr high as Fast Retailing adds momentum, Kobe Steel dives
TOKYO, Oct 13 (Reuters) - Japan’s Nikkei share average edged up and hit a fresh a 21-year high on Friday helped by index heavyweight Fast Retailing, while selling of Kobe Steel continued as worries from its data fabrication scandal extended overseas. ( read original story ...)
Corporate Scandals Say More About Japan Than the Nikkei
Japan Inc. is reeling from a string of corporate scandals. Meantime, the Nikkei is at a two-decade high. What are investors missing? The latest misdeed involves Kobe Steel which, despite its name, is one of Japan’s biggest aluminum producers. The company ... ( read original story ...)
Nikkei spikes above 21,000 for first time since 1996
Stocks showed little movement Friday as markets opened in the Asia Pacific region, but more new highs could be in store with Japan topping 21,000 for the first time since 1996. The Nikkei NIK, +0.23% rose 0.3% early, touching 21,032, even as the yen ... ( read original story ...)
Reliance Nippon IPO to open on 25 October
It will be the first IPO by an Indian mutual fund manager ... and Nippon Life Insurance Co., a leading private life insurer in Japan, which holds 49%. Reliance Nippon Life Asset Management is involved in managing mutual funds (including exchange-traded ... ( read original story ...)
Japan has almost completely eliminated gun deaths — here’s how
Japan is a country of more than 127 million people, but it rarely sees more than 10 gun deaths a year. Culture is one reason for the low rate, but gun control is a major one, too. Japan has a long list of tests that applicants must pass before gaining ... ( read original story ...
Reliance Nippon Life AMC IPO to mop up Rs 1,542 crore; issue opens October 25-27
The company "plans to open its IPO on Wednesday, October 25, and close on Friday, October 27 with a price band of Rs 247-252 per equity share," the filing noted. Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to ... ( read original story ...)
Reliance Nippon IPO: Know More About It
The company "plans to open its IPO on Wednesday, October 25, and close on Friday, October 27 with a price band of Rs 247-252 per equity share," the filing noted. Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to ... ( read original story ...)
Reliance Nippon Life AMC IPO to mop up Rs 1,542-cr
The company "plans to open its IPO on Wednesday, October 25, and close on Friday, October 27 with a price band of Rs 247-252 per equity share," the filing noted. Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to ... ( read original story ...)
Japan’s stock market has hit a 21-year high: Has Abenomics recreated the economy or will political uncertainty and North Korea end the party?
The latest of which came this week as upbeat sentiment sent Japan's best known stock index the Nikkei 225 up to a 21 year peak of 20,881 on Wednesday. Following an extensive stimulus effort by the central bank, deflation has been fended off and economic ... ( read original story ...)
Unloved Japanese Bank Shares Could See a Fourth-Quarter Bounce
As earnings results at some of the biggest U.S. banks steal the limelight on Thursday, it may be worth keeping an eye on lenders on the other side of the world. Japanese bank stocks, this year’s laggards, are due a decent run into the end of the year, if ... ( read original story ...)
Japan’s wholesale prices rise at fastest in nine years, bank lending up
TOKYO (Reuters) - Japanese wholesale prices rose in September at the fastest annual pace in almost nine years due to rising prices for gasoline, metals, and agricultural products, but the gains won’t necessarily boost the country’s notoriously weak ... ( read original story ...)
Markets Tread Water Ahead of U.S. Bank Earnings
Dollar softens after Fed minutes Stocks in Japan, South Korea touch records Big banks set to ... flat in morning trading as a fall in government bond yields weighed down the banking sector. Futures... ( read original story ...)
Japan’s wholesale prices rise at fastest in 9 yrs, bank lending up
* Aug wholesale prices rise 3.0 pct yr/yr, matching forecast * Wholesale prices rise for 9th straight month * Analysts still cautious on consumer prices By Stanley White TOKYO, Oct 12 (Reuters) - Japanese wholesale prices rose in September at the fastest ... ( read original story ...)
Japan Overall Bank Lending Gains 3.0% In September
TOKYO (Alliance News) - Overall bank lending in Japan was up 3.0% on year in September, the Bank of Japan said on Thursday - coming in at 516.810 trillion yen. That was shy of expectations for an increase of 3.2%, which would have been unchanged from the ... ( read original story ...)
Citi will set up a private banking hub in Luxembourg to mitigate ‘hard Brexit’ risks
LONDON — US bank Citi will open a European private banking hub in ... when it comes to Britain's impending exit from the European Union. Most lenders from Japan and the USA currently have their European bases in London, but are expected to shift ... ( read original story ...)