Japan
Google investing US$1 billion to boost connectivity to Japan via two subsea cables
GOOGLE will invest US$1 billion to improve digital connectivity between the United States and Japan through two new subsea cables, the Alphabet-owned firm said on Wednesday (Apr 10) amid...
China’s EV makers bet they can dethrone Japan brands in Thailand
STANDING in front of a large crowd at last month’s Bangkok International Motor Show, an executive from Hozon New Energy Automobile promised to double sales in Thailand to 30,000...
Citi upgrades Japan to overweight, downgrades emerging markets to neutral
CITIGROUP on Monday (Apr 8) upgraded Japanese shares on expectations they will continue to benefit from a favourable macro environment, while downgrading emerging market stocks.
The brokerage now has an...
UBS SuMi to acquire Credit Suisse’s wealth business in Japan
UBS’ joint venture (JV) company in Japan will acquire Credit Suisse’s wealth management business in the country, according to people familiar with the matter, following the lender’s takeover of...
A year into his job, Bank of Japan chief Ueda gets one mission accomplished
A YEAR into his job, Bank of Japan (BOJ) governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank’s complex monetary...
Japan warns against excessive yen moves, repeats verbal intervention
JAPANESE Prime Minister Fumio Kishida said on Friday (Apr 5) authorities will use “all available means” to deal with excessive yen falls, stressing Tokyo’s readiness to intervene in the...
Bank of Japan hints at near-term rate hike, pushing yields higher
BANK of Japan (BOJ) governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn” as bumper pay hikes push up prices, the Asahi newspaper reported, his strongest...
Japan warns against excessive yen moves, repeats verbal intervention
JAPANESE Finance Minister Shunichi Suzuki said on Friday (Apr 5) that excessive exchange-rate moves were undesirable, reiterating the government’s resolve to take appropriate actions against sharp yen falls.“It is...
