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Giappone
Tokyo stocks climb on firmer U.S. equities, yen’s fall
Stocks advanced on the Tokyo Stock Exchange Friday as investors took heart from Wall Street’s overnight rise and the yen’s drop. The 225-issue Nikkei average gained 190.26 points, or 1.03 percent, to end at 18,620.75. On Thursday, the key market gauge lost 1.71 points. The Topix index of all first-section ...
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Giappone
Dollar cuts gains to move around ¥109.20
The dollar gave up some early gains to fluctuate around ¥109.20 in Tokyo trading late Friday, with a wait-and-see mood growing ahead of the first round of France’s presidential election on Sunday. At 5 p.m., the dollar stood at ¥109.19-24, up from ¥109.00-00 at the same time Thursday. The euro ...
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USA Giappone
Aso says G-20 reaffirms its commitment on orderly currency movements
Finance chiefs from the Group of 20 major economies on Thursday reaffirmed a G-20 commitment to orderly currency movements as a way to promote world economic growth and ensure stability in financial markets, according to Finance Minister Taro Aso. Speaking to reporters after the first day of a two-day meeting ...
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USA Giappone
Western Digital makes case for taking over Toshiba chip unit
Western Digital Corp. is making a forceful case for its bid to take control of Toshiba Corp.’s memory-chip business amid a fierce bidding war. The San Jose, California-based company is in talks with state-backed investment funds Innovation Network Corp. of Japan and Development Bank of Japan Inc. about options for ...
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Giappone
Sony’s above-forecast profit underscores turnaround, preliminary report shows
Sony Corp. Chief Executive Officer Kazuo Hirai is showing the turnaround at the multinational conglomerate was no fluke. The company reported a preliminary operating profit of ¥285 billion for the fiscal year through March 31, 19 percent higher than its previous forecast, according to a statement Friday. It also said ...
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USA Giappone
Aso and Mnuchin agree currency should be handled by finance chiefs
The finance chiefs of Japan and the United States agreed Thursday that currency issues should be handled at their level, downplaying comments from U.S. President Donald Trump that the dollar was getting “too strong.” Finance Minister Taro Aso, after meeting with U.S. Treasury Secretary Steven Mnuchin on the sidelines of ...
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USA Giappone
Amazon Japan launches fresh food delivery service
Amazon Japan G.K. started a fresh food delivery service Friday, allowing customers to receive products they buy in as little as four hours after order placements in some cases. Japan is the third country after the United States and Britain where the “Amazon Fresh” service has been launched. The move ...
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USA Giappone
Kuroda says BOJ purchase pace to continue for some time
The Bank of Japan will continue with very accommodative monetary policy and maintain the current pace of asset purchases for some time, Gov. Haruhiko Kuroda said in an interview. While Japan’s economy is doing better than expected a few months ago, the inflation rate is still quite sluggish, Kuroda said ...
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Giappone
Fujifilm to delay earnings release amid accounting probe into transactions by overseas unit
Fujifilm Holdings Corp. said Thursday it will postpone the release of earnings reports for the business year ended in March after it discovered about ¥22 billion ($201.7 million) in net profits may have been incorrectly declared over the past several years. The camera, cosmetics and medical equipment maker said it ...
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USA
Rwanda: U.S. Investors Seek Joint Ventures With Local SMEs
[New Times] Local small and medium enterprises (SMEs) have an opportunity to secure funding, as well as network and form partnerships and joint ventures with investors from the US at the ongoing annual Rwanda Investment Conference in Kigali.