Tokyo stocks closed higher on Tuesday on relief that North Korea had not yet taken any provocative action to mark an anniversary, but Kobe Steel dived after it admitted falsifying quality data for products shipped to hundreds of clients. The benchmark ... ( read original story ...)
Japan launches fourth satellite for high-precision GPS
TOKYO (Reuters) - Japan on Tuesday launched a fourth satellite for a new high-precision global positioning system (GPS) it hopes will encourage new businesses and help spur economic growth. The fourth Michibiki satellite lifted off from Japan's southern ... ( read original story ...)
China’s Top Anime Streaming Site Is Said to Plan IPO in U.S.
Animation streaming site plans to seek at least $200 million Bilibili, China’s top online platform for streaming Japanese animation ... including last month’s IPO from Zai Lab Ltd., which has risen 71 percent, the data show. Baidu Inc.’s iQiyi ... ( read original story ...)
Chinese Animation Platform Bilibili Eyeing U.S. IPO (Report)
Bilibili, the leading Chinese website for streaming of Japanese anime, is planning a share listing on a U.S. stock exchange. According to a report from Bloomberg News, citing unnamed sources, the listing could come as early as next year and raise $200 million. ( read original story ...)
China’s top online anime platform plans US IPO
Bilibili, China’s top online platform for streaming Japanese animation, is planning a U.S. initial ... including last month’s IPO from Zai Lab Ltd., which has risen 71 percent, the data show. Baidu Inc.’s iQiyi unit is targeting a U.S. offering ... ( read original story ...)
Japan: A giant piggy bank ready to be cracked
TOKYO -- It was late September when Toronto-Dominion Bank, one of Canada's largest financial institutions, held a lavish party at a hotel overlooking Tokyo's Imperial Palace. The event, which drew some 200 of the city's financial insiders, celebrated the ... ( read original story ...)
Japan’s economy expanding, on track to 2% inflation: BOJ chief
Japan's economy continues to expand moderately, putting inflation on track to rise toward the Bank of Japan's 2 percent target, BOJ Governor Haruhiko Kuroda said Tuesday. Speaking at a quarterly meeting of the central bank's regional branch managers ... ( read original story ...)
Growth, policy normalisation in focus at G-20 finance chiefs’ meeting
Finance Minister Taro Aso will skip the meeting, although he is scheduled to visit Washington for the second round of US-Japan economic dialogue on October 16. Since US President Donald Trump took office with his "America First" agenda, the G-20 has ... ( read original story ...)
Credit Suisse’s Woods Is Overweight Japan
Oct.09 -- Credit Suisse Private Banking APAC CIO John Woods weighs in on the markets and talks about the Japanese national election. He speaks on "Bloomberg Markets." ( read original story ...)
The International University of Japan (IUJ) Reunites Over 100 Indonesian Alumni in Jakarta to Celebrate its 35th Anniversary
The first-ever inter-batches alumni reunion outside of Japan - IUJ unveils the Indonesia's Alumni Advisory ... such as the National Planning Agency (Bappenas), Ministry of Finance, and the national universities as University of Indonesia, Padjajaran ... ( read original story ...)
€3 billion German finance on its way to Iran
"There have also been talks for more than a year about a $10 billion foreign finance deal with Japan." The deputy minister noted that the Japanese have shown interest in a $9 billion Iranian project to build two railroads that connect the northeastern and ... ( read original story ...)
Japan election starts with 1,100 candidates vying for seats
TOKYO -- Japan's election campaign for the lower house of parliament officially got underway Tuesday, with more than 1,100 candidates, filing applications to contest 465 seats. The election has become a showdown between Prime Minister Shinzo Abe and Tokyo Gov. ( read original story ...)
Nikkei edges up in choppy trade; Kobe Steel poised to plunge
TOKYO, Oct 10 (Reuters) - Japan’s Nikkei share average edged up in choppy trade on Tuesday after a three-day weekend as the weak yen supported sentiment, but Kobe Steel’s shares were set to plunge after it said it had fabricated data. The Nikkei was up ... ( read original story ...)
Japan’s current account surplus expands to record 2.38tn yen in August
TOKYO (Kyodo) -- Japan's current account surplus expanded to 2.38 trillion yen ($21 billion) in August, the highest on record for the month, lifted by income from foreign investments and a bigger trade surplus, government data showed Tuesday. The surplus ... ( read original story ...)
SoftBank’s Long Goodbye
In a 2012 filing, Yahoo set out the procedure for converting these securities into ADRs: After the New York IPO, Alibaba "shall use its reasonable ... Banks could be persuaded to provide a lot more. Tokyo Muscle SoftBank's net debt is equivalent to ... ( read original story ...)
Is Japan’s long slump finally ending?
Few economists give much for his chances of success. Almost 30 years after the bursting of Japan’s bubble economy, and nearly five years after the government and central bank doubled down on their stimulus efforts, overall activity remains sluggish ... ( read original story ...)