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Giappone
IPOs in Japan seen hitting eight-year high in 2015
The number of companies making initial public offerings on Japanese stock exchanges this year is seen totaling 99, up from 80 in 2014 and hitting the highest level since 2007, when 121 firms went public. This is because the Japanese stock market generally performed well in 2015, making it easier ...
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Giappone
Toshiba claims ignorance in Westinghouse scandal
Scandal-hit Toshiba Corp. apologized Friday for not disclosing the massive impairment loss of U.S. nuclear power plant maker Westinghouse Electric Co. and vowed to be committed to more proactive information disclosure. Earlier this month, weekly magazine Nikkei Business reported that Toshiba did not disclose the write-downs of Westinghouse’s nuclear business ...
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Cina Giappone
Dollar falls to ¥122.40 in Tokyo amid Shanghai stock jitters
The dollar eased to levels around ¥122.40 in late Tokyo trading on Friday, dragged down by sharp losses on the Shanghai stock market, while currency traders refrained from active trading ahead of next week’s key economic events. At 5 p.m., the greenback stood at ¥122.39-40, down from ¥122.63-65 at the ...
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Giappone
Nikkei slips as U.S. investors rest
Stocks turned lower Friday as profit-taking took over amid a sense of market overheating. The Nikkei lost 60.47 points, or 0.30 percent, on the Tokyo Stock Exchange to close at 19,883.94. On Thursday, it climbed 96.83 points. The Topix fell 7.87 points, or 0.49 percent, to close at 1,594.45, after ...
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Giappone
Abe orders extra budget drafted to boost welfare, agriculture
Prime Minister Shinzo Abe on Friday instructed his Cabinet to compile an extra budget for fiscal 2015 to bolster welfare services and improve the competitiveness of the farm sector. The supplementary budget for fiscal 2015 ending March 31 is likely to be worth more than ¥3 trillion, government sources said. ...
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Giappone
Stock market fallout from Murakami probe seen limited
Japan stock watchers say the fallout from an investigation of Yoshiaki Murakami for market manipulation will be limited. The Securities and Exchange Surveillance Commission started a probe into the famous investor this week, according to an official at the market watchdog. While companies that Murakami has stakes in have tumbled, ...
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Giappone
Japan’s farming crisis worsens as one in five workers abandoned roots in past five years
The number of workers in farming and forestry falls 19.8 percent over five years to 2.09 million this year, according to the Ministry of Agriculture, Forestry and Fisheries. The post Japan’s farming crisis worsens as one in five workers abandoned roots in past five years appeared first on The Japan Times.
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Giappone
Nippon Paper to invest in nanofiber to head off challenges to print
Nippon Paper Industries Co. plans to build a factory to mass produce a high-strength, low-weight material known as nanofiber as soon as next year, part of a push to bolster revenue as Japan’s shrinking population and the shift to online content threatens sales of newspapers and books. “We are pinning ...
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Giappone
Nippon Life reclaims title as Japan’s top premium revenue earner in first half
Nippon Life Insurance Co. regained its title as the top premium revenue earner in the Japanese life insurance industry in the April-September half, according to earnings reports released by Thursday. Nippon Life’s premium revenue in the first half of the business year ending March 31 grew 17.3 percent from the ...
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Giappone
BOJ posts ¥628.8 billion net profit in first half, thanks to JGB income
The Bank of Japan posted a net profit of ¥628.8 billion ($5.13 billion) in the April-September first half, thanks mainly to interest from its massive purchases of Japanese government bonds, it said. The profit, up 7 percent from a year ago, marks the central bank’s highest half-year figure since 2001. ...