Japan's top brokerage and investment bank, Nomura Holdings , on Wednesday reported a 101% increase in net profit as its wholesale business segment grew income on strong demand for equity offerings and ...
Nissan shares plunge as report says Honda merger talks off
Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.But the smaller automaker's chief said this week it ...
Chanel to Host Craftsmanship Exhibitions and Events in Tokyo
Curated by La Galerie du 19M with local guests, the event will include a retrospective marking the centenary of embroiderer Lesage. ( read original story ...)
Japan’s SKY Perfect JSAT to invest $230 mln in observation satellites
Japan's SKY Perfect JSAT will invest about $230 million to build a constellation of low-Earth orbit satellites using U.S. company Planet Labs' Pelican satellite, the company said on Wednesday. ( read original story ...)
Tokyo’s first listing of the year soars in trading debut
Next Generation Technology Group, the first listing on the Tokyo Stock Exchange this year, jumped on its trading debut. The shares climbed as much as 58% to ¥3,165 in early trading in Tokyo on ... ( read original story ...)
Tokyo high school rescinds expulsion of student who filed police complaint against chairman
A Tokyo high school has withdrawn its expulsion of a third-year student who filed a criminal complaint against the chairman of the school's o･･･ ... ( read original story ...)
Tokyo’s First IPO This Year Bets on Succession in Manufacturing
Tokyo’s first initial public offering this year is by a company that seeks to solve the nagging problems of an aging population: many of Japan’s manufacturers make first-rate products but they have ...
Tokyo residential market to continue its positive momentum in 2025
Thanks to the strong demand and supply fundamentals. Tokyo's residential market demonstrated consistent strong performance in 2024, and Savills noted in a report that this positive momentum looks to ... ( read original story ...)
Tokyo’s 2025 new office supply to exceed 2023 levels
Most of the new stock will be focused in Minato. According to a Savills report, recovery continues in earnest in the Tokyo Grade A and Grade B office markets in Q4/2024, and observers should have a ... ( read original story ...)
S.E.C. Moves to Scale Back Its Crypto Enforcement Efforts
Some in a special unit of 50 lawyers and staff members that had been assigned to regulate cryptocurrency are being reassigned in the agency.
U.S. Crypto And Digital Assets Top David Sacks’ First Press Conference
Sacks first Press Conference focused on crypto, US Innovation, and Stablecoins. This AI and Crypto czar started the conversation that has been anticipated for some time.
Bank of Japan’s rate likely to go higher than consensus, ex-official says
THE Bank of Japan (BOJ) is likely to keep raising its benchmark rate to a level exceeding the current market consensus, and there’s a chance two more moves could come this year on top of last month’s ...
Japan’s service activity grows thanks to Asian demand, PMI shows
Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
Japan will loosen its grip on the country’s fiercely guarded rice stockpile as prices soar to their highest levels ever
Much like the U.S.’s strategic petroleum reserve, Japan stockpiles up to 1 million tons (equal to the weight of 5,000 blue whales) of the country’s national staple crop. The reserve equates to about ...
Nissan Is Likely to Reject Honda Offer in Blow to Tie-Up Plan
Nissan Motor Co. is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor Co., according to a person familiar with the matter, a move that could jeopardize talks ... ( read original story ...)
Japan inflation-adjusted wages rise in December on jump in bonuses
Japan's December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials expressing optimism ... ( read original story ...)