Sadayuki Sakakibara, chairman of Keidanren (the Japan Business Federation), welcomed Abe’s resolve to go through with the tax hike as planned and showed his understanding of Abe’s envisaged change in the use of the additional revenue expected from the ... ( read original story ...)
Toshiba Reaches Deal With Bain-Apple Group to Sell Chip Business
TOKYO — Toshiba, the huge but struggling Japanese conglomerate, traded some of its size for financial security on Thursday by selling off most of its profitable microchip business. It was not the way the company, which has long been accused of being ... ( read original story ...)
Japanese inflation hits a multi-year high on the back of higher energy prices
Japanese inflationary continue to build. According to data released by Japan’s statistics bureau, headline consumer price inflation (CPI) rose by 0.7% in the year to August, leaving it at the highest level seen since March 2015. Core CPI, that which ... ( read original story ...)
Troubled Toshiba, Bain finalize sale of memory-chip business
TOKYO — Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital. ( read original story ...)
Japan consumer prices rise for eighth month, welcome sign for BOJ’s goal
TOKYO (Reuters) - Japan’s core consumer prices rose 0.7 percent in August from a year earlier, marking the eighth straight month of annual gains, in an encouraging sign for a central bank struggling to meet its 2 percent inflation target. The rise in the ... ( read original story ...)
The Japanese juggernaut rolls on beyond Maruti too
The 407 had it in plenty while the Japanese quarter fell hugely short on this score. In a price-sensitive business such as cargo carriers, affordable spare parts are crucial for viability. Fast forward to the present and it is interesting to see how some ... ( read original story ...)
Japan’s flops turning bond market stars amid hunt for higher yields
Japan’s yield-hungry investors are helping turn companies ... Its endoscopes have about a 70 percent global market share, and it’s a “very competitive” business, said Yuta Ishinoda, a senior analyst at R&I. Olympus’s net income in the quarter ... ( read original story ...)
Japan shares higher at close of trade; Nikkei 225 up 0.47%
Investing.com – Japan equities were higher at the close on Thursday, as gains in the Shipbuilding, Mining and Transportation Equipment sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.47%. Advancing stocks outnumbered ... ( read original story ...)
Japan’s Sushiro merging with smaller conveyor sushi player
TOKYO -- Japan's top conveyor-belt sushi chain Akindo Sushiro and fifth-ranked peer Genki Sushi are to integrate their operations in a deal that would create a behemoth controlling 30% of the market, The Nikkei learned Thursday. Under the planned deal ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.47%
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Shipbuilding, Mining and Transportation Equipment sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.47%. Rising stocks outnumbered declining ... ( read original story ...)
Japan’s jobless rate in August unchanged at 2.8%
TOKYO (Kyodo) -- Japan's jobless rate in August remained unchanged at 2.8 percent, the Ministry of Internal Affairs and Communications said Friday. The country's job availability, meanwhile, remained unchanged from July at 1.52, according to the Ministry ... ( read original story ...)
Osaka court rules tattoo artist’s work violated medical law, was not art or expression
OSAKA – An Osaka tattoo artist was found guilty Wednesday of violating the Medical Practitioners’ Law in a case that drew international attention to Japan’s tattoo culture. Osaka District Court Judge Takaaki Nagase ruled that tattoo artist Taiki ... ( read original story ...)
Japan stimulus sends shivers through its bond market
Japan’s Ministry of Finance reported the ratio of the country’s government debt to its annual GDP stood at around 250% in 2016, making the Japanese government one of the most indebted in the world, in part due to its aging population. Ratings agencies ... ( read original story ...)
BRIEF-Willis Lease Finance Corp says entered into a stock purchase agreement with Development Bank of Japan on Sept 22 – SEC Filing
* Willis Lease Finance Corp says entered into a stock purchase agreement with Development Bank of Japan Inc. on Sept 22, 2017 - SEC Filing * Willis Lease Finance Corp - Agreement relating to sale and issuance of 1.5 million shares of co's 6.5% series A ... ( read original story ...)
BRIEF-Willis Lease Finance Corp says entered into a stock purchase agreement with Development Bank of Japan on Sept 22 – SEC Filing (WLFC)
* Willis Lease Finance Corp says entered into a stock purchase agreement with Development Bank of Japan Inc. on Sept 22, 2017 - SEC Filing * Willis Lease Finance Corp - Agreement relating to sale and issuance of 1.5 million shares of co's 6.5% series A ... ( read original story ...)
Japan should spend a little less on its well-off elderly
Japan has one of the cheapest and most cost-effective health ... BLOOMBERG VIEW Noah Smith is an assistant professor of finance at Stony Brook University and a freelance writer for a number of finance and business publications. ( read original story ...)