Japan Headlines

Mon, Sep 22 2014

Japan will not restart nuclear power plants unless safety is restored: Abe


NEW YORK - Japan will not restart closed-down nuclear plants “unless safety is restored 100 percent,” Prime Minister Shinzo Abe said on Monday.

World, Japan, United Nations 22 Sep 2014

U.S. asset manager Fortress seeks more Japan hotel investments amid tourism boom


TOKYO - Fortress Investment Group is prioritizing investments in hotels in Japan, a senior executive said on Monday, as the U.S. asset manager seeks to cash in on a government drive to boost tourism ahead of the 2020 Tokyo Olympics.

Deals, Japan 22 Sep 2014

Naver says no 2014 float for Line, clouding deal outlook


SEOUL - Japanese messaging app operator Line Corp [IPO-LINE.T] will not list this year, its parent Naver Corp said on Monday, having been readying a much-anticipated flotation that a source said could value it at up to $20 billion.

Tech, Deals, Japan, Media 22 Sep 2014

Sun, Sep 21 2014

Japan's SoftBank shares down over 2 percent after Alibaba listing


TOKYO - Shares of SoftBank Corp were down more than 2 percent in early trade on Monday following the listing on Friday of Alibaba Group Holding Ltd , in which the Japanese telecommunications company holds a 32 percent stake.

21 Sep 2014

SoftBank estimates $4.6 billion gain from Alibaba listing


TOKYO - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade.

Tech, Japan 21 Sep 2014

Sat, Sep 20 2014

Japan tells G20 its economy continues to recover: Aso


CAIRNS Australia - Japanese Finance Minister Taro Aso said on Saturday he told his Group of 20 counterparts that the world's third-largest economy continues to recover moderately despite the temporary pain from a sales tax hike in April.

20 Sep 2014

Fri, Sep 19 2014

Exclusive: Asian buyers of U.S. LNG dial back as exuberance dims


MILAN - A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signaling tempered enthusiasm for U.S. energy.

19 Sep 2014

Japan PM Abe seeks summit with South Korea's Park amid frosty ties


SEOUL/TOKYO - Japanese Prime Minister Shinzo Abe asked South Korean President Park Geun-hye for a summit meeting in a letter handed over on Friday, seeking a breakthrough in the two countries' frosty ties over Japan's wartime past, including running military brothels.

World, Japan, South Korea 19 Sep 2014

Japan's Skylark to offer up to $1.1 billion in shares in Tokyo IPO

(This Aug. 28 story was corrected to show that Skylark was bought, not taken private, by Bain Capital in the first paragraph.)

Deals, Japan 19 Sep 2014

U.S. Treasury's Lew calls for euro zone, Japan to do more on growth


CAIRNS Australia - U.S. Treasury Secretary Jack Lew on Friday called on the euro zone and Japan to do more to spur growth as the global economy continues to disappoint, highlighting what is sure to be a bone of contention as Group of 20 ministers gather in Australia.

19 Sep 2014

Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.