IPO ends (started on Sept. 18 ... Dow Jones..... Wall Street report ..... Nikkei 225..... Tokyo report..... FTSE 100..... London report..... Xetra DAX..... Frankfurt market stories CAC ... ( read original story ...)
Nikkei edges down but on track for small quarterly gain
TOKYO, Sept 29 (Reuters) - Japan’s Nikkei share average edged down on Friday but was on track for a solid monthly gain, buoyed by a weaker yen. The Nikkei was down 0.3 percent at 20,305.04 points at the end of morning trading. It was up marginally on the ... ( read original story ...)
Japan sushi major Sushiro merging to fuel foreign growth
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 ...)
Tokyo stocks open lower as yen picks up
Tokyo stocks opened slightly lower on Friday, as exporters slipped due to a gradual pick-up in the yen exchange rate. The benchmark Nikkei 225 index slipped 0.13 percent, or 25.90 points, to 20,337.21 in early trade while the broader Topix index was down 0 ... ( read original story ...)
BlackBerry and Tokyo Electron Device Partner to Provide Japanese Companies Access to the Most Advanced and Secure Embedded Platform on the Market
WATERLOO, ONTARIO and TOKYO, JAPAN--(Marketwired - Sep 28, 2017) - BlackBerry Limited (BBRY)(BB.TO) and Tokyo Electron Device Limited (TED) announced today they have signed a new sales and distribution agreement, which will provide device manufacturers in ... ( read original story ...)
Tokyo Kisen Co., Ltd. (9193) Is Yet to See Trading Action on Sep 29
When the Global Financial Crisis of 2008 broke out; the Japanese equity market is one of those that had taken a great hit. In October 2008, the Nikkei 225 had sunk below the 7,000 mark, down by about 80% from its all-time high. Tokyo Kisen Co., Ltd. is a ... ( read original story ...)
Japan PM dissolves Parliament; snap election expected on Oct 22
Japanese Prime Minister Shinzo Abe on Thursday called a snap ... Her Party of Hope shares policy space with the business-friendly LDP, but Koike has staked out different stances on two issues likely to appeal to voters. She wants to freeze a planned ... ( read original story ...)
Japan’s biz leaders push for raising sales tax beyond 10%
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 ...)