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Posted on 21/04/2023

Rakuten Bank surges in debut after raising US$625mil in Japan’s biggest IPO in years

TOKYO: Shares of Rakuten Bank Ltd surged by more than a third in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering (IPO) in more than ...

Posted on 21/04/2023

Japan finmin: 140 bln yen of Credit Suisse AT1 bonds sold in Japan

Japan's financial watchdog has confirmed that about 140 billion yen of Credit Suisse's Additional Tier-1 bonds were sold to mainly wealthy domestic investors in Japan, Finance Minister Shunichi Suzuki ...

Posted on 21/04/2023

Ex-chair of Tokyo Olympics sponsor handed suspended jail sentence

The former chairman of a Tokyo 2020 Olympics sponsor was handed a suspended two-and-a-half-year prison sentence Friday, the first verdict in a spiralling bribery scandal surrounding the ... ( read original story ...)

Posted on 21/04/2023

Aoki ex-chairman receives suspended sentence over Tokyo Games bribery scandal

The Tokyo District Court has handed down suspended sentences to three former officials of a business suit retailer for their involvement in a bribery scandal related to the Tokyo Olympic and ... ( read original story ...)

Posted on 21/04/2023

Beloved Umeya factory in Little Tokyo to be transformed into affordable housing

An empty factory in Little Tokyo, which is just steps from Los Angeles' Skid Row, is set to be transformed into 175 affordable apartments — half of which will be permanent supportive housing. ( read original story ...)

Posted on 21/04/2023

Japan’s broadening inflationary pressures test BOJ’s dovish stance

Japan's consumer inflation held steady above the central bank's target in March and an index excluding fuel costs rose at the fastest annual pace in four decades, data showed, indicating broadening ... ( read original story ...)

Posted on 21/04/2023

Japan wants ‘constructive, stable’ ties with China: PM

Japan wants "constructive and stable" ties with China and calls on Beijing to behave "responsibly", the country's Prime Minister Fumio Kishida said in an interview Thursday."We're facing the most ... ( read original story ...)

Posted on 21/04/2023

Japan’s factory activity shrinks at slowest pace in six months, data shows

The PMI remained below the 50-level that separates contraction from expansion for a sixth straight month April, pointing to persistent struggles for factories. ( read original story ...)

Posted on 21/04/2023

Japan Emissions Rise for First Time in 8 Years in Blow to Climate Goal

The increase was driven by a post-pandemic economic recovery and mirrors rises across the G-7, the nation’s Ministry of Environment said. ( read original story ...)

Posted on 21/04/2023

Japan’s Factory Activity Shrinks at Slowest Pace in Six Months – PMI

Japan's manufacturing activity shrank at the slowest pace in six months in April on a softer decline in sales, while the service-sector stayed solid, a preliminary survey showed on Friday, suggesting ... ( read original story ...)

Posted on 21/04/2023

Investors Dumping Altcoins As Crypto Rally Pauses

Cryptocurrency prices extended their slide to 7% for the week, with declines across the board but concentrated on tokens other than market leaders bitcoin and ether as investors appear to be adopting ...

Posted on 21/04/2023

Japan’s Nikkei gains as retailers surge on tourism boost, chip stocks rebound

Japan's Nikkei share average rose on Thursday, clawing back losses from the previous day as retailers surged from an increase in foreign visitors and semiconductor shares rebounded from early declines ...

Posted on 21/04/2023

Little Tokyo factory to be turned into 175 units of affordable housing

An empty factory in Little Tokyo, which is just steps from Los Angeles' Skid Row, is set to be transformed into affordable housing. Jeff Nguyen reports. ( read original story ...)

Posted on 21/04/2023

Rakuten Bank shares face glut of buy orders in Tokyo debut after $625 million IPO

Shares of Rakuten Bank Ltd were untraded with a glut of buy orders in their market debut on Friday, after the internet bank raised $625 million in Japan's largest initial public offering (IPO) in more ... ( read original story ...)

Posted on 21/04/2023

Inside Tokyo’s New Tokyu Kabukicho Tower: Packed With Fun & Entertainment!

In recent years, redevelopment projects have been underway in various parts of Tokyo and its suburbs, resulting in the opening of new, large-scale facilities. Tokyu Kabukicho Tower is one such ... ( read original story ...)

Posted on 21/04/2023

Japan’s inflation stays above BOJ goal, key index hits four-decade high

Japan's consumer inflation held steady above the central bank's target in March and an index excluding fuel costs rose at the fastest annual pace in four decades, data showed, indicating broadening ... ( read original story ...)

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