CashNews.co By Makiko Yamazaki TOKYO (Reuters) -Japanese retail giant Seven & i Holdings has been classified as “core” to national security, according to an updated finance ministry list released on Friday. The classification has raised questions as to whether it is a defensive manoeuvre by the owner of 7-Eleven convenience stores which last week rejected […]
CashNews.co (Bloomberg) — The nine candidates vying to become Japan’s next leader differed over the urgency of restoring the nation’s fiscal health in a leadership press conference Friday that focused heavily on internal party matters. Most Read from Bloomberg While many of the contenders emphasized the need for targeted spending to help low-income households deal […]
CashNews.co As the world’s biggest convenience store chain, 7-Eleven operates more than 85,000 outlets globally (Richard A. Brooks) The Japanese finance ministry on Friday designated the parent company of 7-Eleven a “core” industry, a move that could make a takeover by Canadian rival Couche-Tard more difficult. Other entities rated the same in Japan include manufacturers […]
CashNews.co TOKYO (Reuters) – Japanese retail giant Seven & i Holdings has been classified as “core” to national security, according to the latest update of the finance ministry’s list for security reviews released on Friday. The regular update for the classifications, under the Foreign Exchange and Foreign Trade Act (FEFTA), comes a week after Seven […]
CashNews.co HONG KONG (AP) — Asian stocks were mixed Friday after stocks in the United States pulled closer to their records following a couple of economic reports that came in close to expectations. U.S. futures were little changed and oil prices rose. Japan’s benchmark Nikkei 225 slipped 0.9% in morning trading to 36,491.80 after a […]
CashNews.co (Bloomberg) — For people outside of Japan who want to get into the country’s buoyant property market, one tiny local bank is helping to make that possible. Most Read from Bloomberg Tokyo Star Bank Ltd. is offering accounts and loans for non-residents to buy real estate in Japan, a service that it says has […]
CashNews.co Japan’s power utility JERA is considering an investment in a natural gas-fired power plant in Vietnam, Reuters has reported. The initiative is part of a broader trend in Asia, as countries transition from coal to cleaner fuels such as liquefied natural gas (LNG). JERA Asia’s investment decisions in LNG or gas power projects are […]
CashNews.co Asian Banking & FinanceJapan, Korea financial authorities hold in-person bilateral meetingIto and Kim exchanged views about the Corporate Value-up Program of South Korea, and Japan’s policy plan to promote itself as a leading….13 minutes ago Read More #cashnews #Japan #finance
CashNews.co By Leika Kihara TOKYO (Reuters) -Japan’s annual wholesale inflation slowed in August as the yen’s rebound weighed on import costs, data showed on Thursday, taking some pressure off the central bank to address upward price risks with near-term interest rate hikes. The corporate goods price index (CGPI), which measures the price companies charge each […]
CashNews.co (Bloomberg) — Inflation as measured by Japan’s producer prices slowed for the first time in eight months as the cost of energy-related items fell. Most Read from Bloomberg The measure of input prices for Japanese firms gained 2.5% from a year earlier in August, the Bank of Japan reported Thursday. The result missed economists’ […]