Tag - stocks

 
 

STOCKS

Thanks to a rally in Japanese stocks, even some "bad governance” companies have been unfairly benefiting from the wave, a fund manager has said.
BUSINESS / Markets
Oct 16, 2023
Time to short Japan’s ‘bad governance’ stocks, hedge fund says
A rally in Japanese stocks has unfairly benefited companies that are flouting the bourse’s campaign to boost valuations, according to a fund manager.
Trade minister Yasutoshi Nishimura speaks at a ceremony at the Tokyo Stock Exchange on Wednesday to launch a new platform for the trade of carbon credits.
BUSINESS
Oct 11, 2023
Carbon pricing platform kicks off at Tokyo Stock Exchange
More than 180 organizations, including oil firms and regional banks, have decided to participate in the platform.
Fundamentals bode well for financial firms amid speculation the Bank of Japan will move toward ending negative rates, with banks and insurers among the best performers on the Topix, climbing more than 30% since the start of April.
BUSINESS / Markets
Oct 11, 2023
Buffett watchers tout Japan financial firms as next value play
The famed U.S. investor is known for taking long-term stakes in companies with low valuations, which many Japanese insurers and banks have.
Ozempic is a drug for treating Type 2 diabetes that is now being used widely as an appetite-suppressing weight loss aid.
BUSINESS / Markets
Oct 9, 2023
Ozempic threat is spurring a slump in snack and beer stocks
Snack and beverage producers are most at risk, as well as purveyors of weight-management food products such as shakes and frozen meals.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
With the aim of bolstering its customer base, SBI Holdings introduced a commission-free service starting Saturday amid growing interest in investing thanks to government efforts to persuade people to shift household assets from cash and savings to investments.
BUSINESS / Markets
Oct 2, 2023
Zero-commission services intensify brokerage competition in Japan
SBI Holding's decision to scrap commission fees for domestic stock trading threatens to undercut the brokerage industry's profitability.
The Nasdaq market site in New York. Dozens of Japanese startups are preparing to list on the Nasdaq in the next few years.
BUSINESS / Markets
Oct 2, 2023
Nasdaq helps Japan startups escape risk-averse home market
An unprecedented number of entrepreneurs turn away from an aging, risk-averse home market.
There were 73 Japan initial public offerings during the first nine months of this year that raised a combined $3.3 billion, nearly four times as much as the same period a year earlier.
BUSINESS / Markets
Sep 29, 2023
Tokyo equity offerings surge amid shift toward capital efficiency
Investors were encouraged by a surge in the 225-issue Nikkei stock index and signs that firms have begun to manage their capital more efficiently.
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
BUSINESS / Markets
Sep 26, 2023
Japan’s stock boom to drive equity sales through 2024, BofA says
A weak yen, ultraeasy monetary policy and hopes for stable inflation have helped push the Topix to its highest level since 1990.
SoftBank is targeting ¥120 billion in sales of the so-called bond-type class shares that will be listed on the Tokyo Stock Exchange.
BUSINESS / Companies
Sep 25, 2023
SoftBank to sell more than ¥120 billion of bond-type stock
The firm has tentatively offered a dividend rate from 2.5% to 3% for the first five years.
The Nikkei stock index on June 1. Japan equity has gained 95% since 2020, the highest rate among G7 nations.
COMMENTARY / Japan
Sep 25, 2023
Japan shows how to defeat secular stagnation
Outperforming other G7 countries on several economic indicators, Japan is demonstrating how prosperity can grow despite a shrinking population.
Prime Minister Fumio Kishida speaks at the Economic Club of New York, a group of top business executives and bankers, in New York on Thursday.
BUSINESS
Sep 22, 2023
Kishida seeks to shake up to $5 trillion asset management industry
The Japanese government is reviving its decades-old policy pledge to move ¥2 quadrillion of household financial assets into investment.
Studio Ghibli President Toshio Suzuki (left) and Nippon TV Chairman Yoshikuni Sugiyama shake hands during a news conference in Tokyo on Thursday afternoon.
BUSINESS / Companies
Sep 21, 2023
Studio Ghibli set to become subsidiary of Nippon TV
Studio Ghibli President Toshio Suzuki will assume the position of chairman while Hayao Miyazaki will be its honorary chairman.
Many of the wealthy in Japan are becoming more keen to park their cash in private assets like equity, credit and real estate that aren't traded in public markets.
BUSINESS
Sep 20, 2023
Brokers tap demand for private assets among Japan's wealthy
Private assets are booming globally after decades-high inflation and rapid interest-rate hikes weighed on both shares and bonds.
More companies are using employee share incentives as a tool to retain talent and comply with a request by the regulator to pay more attention to share price performance.
BUSINESS
Sep 20, 2023
Japanese companies warm up to employee stock incentives
More companies are using employee share incentives as a tool to retain talent.
Banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings, some Southeast Asian companies are considering listing in the U.S.
BUSINESS / Companies
Sep 19, 2023
More Southeast Asian firms consider U.S. IPOs
Senior executives at some firms have said they were looking into New York as one of their initial public offering venues.
Traders work on the floor of the New York Stock Exchange.
BUSINESS / Economy
Sep 18, 2023
Wall Street comes to grips with how wrong it’s been in 2023
Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake.
Arm executives gather outside the Nasdaq Market site, as the chip design firm held an initial public offering in New York on Thursday.
BUSINESS / Tech
Sep 16, 2023
SoftBank's Arm ends down, a day after $65 billion Nasdaq debut
Some strategists said trading volatility in the stock may be tied to the limited number of publicly traded shares.
Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023
Chip designer Arm soars 25% in IPO win for owner SoftBank
Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.
Banks have surged more than 50% over the past year on speculation gains in prices and wages will become sustainable enough for the Bank of Japan to end years of rock bottom rates.
BUSINESS / Economy
Sep 12, 2023
Top fund managers pile into Japanese banks on BOJ tightening bets
Fund managers are piling into Japanese banks on the possibility the Bank of Japan is preparing to end its ultraeasy monetary policy.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?