TOKYO (Reuters) - Japan's core consumer prices were expected to show their seventh straight month of annual increases in July, a Reuters poll found, offering the central bank some hope a strengthening economic recovery will gradually lift inflation toward ... ( read original story ...)
Bank of Japan keeps monetary policy on hold
The Bank of Japan kept interest rates on hold and tweaked its view of the economy upwards in a steady-as-she-goes decision on monetary policy. Overnight interest rates stay at minus 0.1 per cent, 10-year bond yields are capped at about zero per cent, and ... ( read original story ...)
IPO: Rel Nippon Life AMC files IPO Papers
The IPO size aggregates to 10 per cent of the post issue paid up ... A 10 per cent stake sale could fetch Rs 1,800 crore, bankers said. RNAM, jointly owned by Japan's Nippon Life and Reliance Capital, is the asset manager of Reliance Mutual Fund with ... ( read original story ...)
Reliance Nippon to file for IPO
RNAM is a subsidiary of Reliance Capital, with Japan’s Nippon Life Insurance Company as its strategic partner. “The company is close to filing the Draft Red Herring Prospectus (DRHP) for the IPO, and it’s most likely to be filed next week,” one of ... ( read original story ...)
Kagoike soon to receive second arrest warrant over subsidy fraud
meter plot in June last year for ¥134 million, roughly 14 percent of its appraised value, following negotiations with the Finance Ministry’s regional bureau in Osaka. Prosecutors are looking into whether officials at the bureau committed breach of trust ... ( read original story ...)
Nikkei dragged to 3-month low by weaker Wall St, stronger yen
TOKYO, Aug 18 (Reuters) - Japan's Nikkei share average skidded to three-month lows on Friday, pressured by losses on Wall Street and a weaker dollar as doubts grow over whether President Donald Trump will be able to push through policies to boost U.S ... ( read original story ...)
Nikkei dragged to 3-month low by weaker Wall Street, stronger yen
Nikkei joins global sell-off, falls 1 percent. * Wall Street logs losses as U.S. political woes rattle investors * Insurance, banks, securities shares lead losses Japan’s Nikkei share average skidded to three-month lows on Friday, pressured by losses on ... ( read original story ...)
Japan finance minister to visit U.S. in September to prepare for economic talks: sources
TOKYO (Reuters) - Japanese Deputy Prime Minister Taro Aso will visit the United States in September to hold an informal meeting with his counterpart to prepare for a second round of economic talks later this year, government sources told Reuters on Friday. ( read original story ...)
Nikkei stock index falls more than 1 pct to three-month low
TOKYO, Aug 18 (Reuters) - Japan's Nikkei stock index skidded to its lowest in three months in early trade on Friday, after a selloff on Wall Street. The Nikkei was last down 1.2 percent, after falling to its lowest since May 18. On Thursday, the S&P 500 ... ( read original story ...)
Japan’s exports rise in July, underpin strengthening economy
Japan's exports rose for an eighth straight month in July on ... Total exports increased 13.4 per cent in July from a year earlier, Ministry of Finance data showed on Thursday, roughly in line with a median market forecast for a 13.6 per cent gain. ( read original story ...)
Global shares meander after upbeat Japan trade report
Shares were mixed in narrow trading Thursday, with European benchmarks falling back after recent gains. Japan's Nikkei 225 index slipped as the yen strengthened against the U.S. dollar, despite the release of upbeat trade data for July. KEEPING SCORE ... ( read original story ...)
Japan July exports rise 13.4 percent year-on-year: MOF
TOKYO (Reuters) - Japan's exports rose 13.4 percent in July from a year earlier, Ministry of Finance data showed on Thursday, in a sign external demand rebounded from a lull in the previous quarter to underpin a steady economic recovery. The result ... ( read original story ...)
Nikkei ends flat, NAFTA renegotiations dampen automakers
TOKYO, Aug 16 (Reuters) - Japan's Nikkei share average was nearly flat on Wednesday with the previous day's rally running out of steam as the yen's weakening slowed, while Japan Airlines bucked the trend helped by a brokerage's bullish view. The Nikkei ... ( read original story ...)
Japan’s Aso: second-quarter GDP mainly driven by brisk housing investment
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that strong housing investment was the main driver of economic growth in the second quarter, while capital spending also contributed to growth. Speaking after a cabinet meeting ... ( read original story ...)
BRIEF-Techpoint files for IPO of Japanese depositary shares of up to $11 mln
* Techpoint Inc - intend to apply for the listing of the JDSS on the mothers market of the Tokyo Stock Exchange * Techpoint Inc - the Japanese depositary shares will be offered in Japan and to investors located in jurisdictions other than the ... ( read original story ...)
SoftBank emerges as new IPO for tech cos
The Japanese internet group's frenetic deal-making pace over the past few months, along with its big secondary purchases in internet companies, have made it the new IPO for many hugely funded tech startups and provided partial cash exits to their early ... ( read original story ...)