Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21 billion yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Tag
Yen
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
News
Dollar holds gains against yen, steadies ahead of Trump inauguration
THE dollar held gains against the yen on Friday (Jan 17), but ended the week lower after a six-week winning streak, as investors await…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Hyundai launches 2.85 million yen EV in Japan to penetrate EV-wary market
SOUTH Korea’s Hyundai Motor said on Friday (Jan 10) it will introduce the cheapest compact electric car in Japan, to penetrate a market…
News
Firm dollar keeps pound, euro and yen under pressure
The US dollar charged ahead on Thursday (Jan 9), underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure…
Business
Yen gains as some BOJ policymakers see rate hike soon
THE Japanese yen rose off a five-month low against the dollar on Friday (Dec 27) after a summary of opinions from the Bank of Japan’s…
Business
Asia: Japanese shares gain on weaker yen after Christmas break
JAPANESE stocks rose on Friday (Dec 27) on a weaker yen after a muted day on Wall Street following the Christmas holiday. Japan’s key…
Business
Nidec announces 257 billion yen unsolicited bid for Makino Milling
JAPANESE manufacturing giant Nidec said on Friday (Dec 27) that it planned to launch a tender offer for Makino Milling Machine at a 42 per…
Business
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll
TOKYO (Reuters) - Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the…
Business
Blackstone to buy Tokyo complex from Seibu for 400 billion yen
BLACKSTONE Inc is buying a mixed-use complex in Tokyo from Seibu Holdings in the largest real-estate acquisition by a foreign fund in…
Business
Nomura CEO to seek 28 billion yen in extra cost reductions
NOMURA Holdings will seek 28 billion yen (S$250 million) in additional cost reductions, as chief executive officer Kentaro Okuda persists…
Business
Yen hits 6-week high after faster-than-expected inflation support bets for a Dec BOJ rate hike
THE Japanese yen jumped to a six-week high against the dollar on Friday (Nov 29) after faster-than-expected inflation in Tokyo supported…
Business
MUFG offers to buy WealthNavi for 99.7b yen in fintech push
Japan’s biggest bank is seeking to purchase robo-adviser through a tender offer at 1,950 yen a share and make it a wholly owned unit…
News
US dollar drops as markets weigh Trump tariff vow, yen hits 5-week high
THE US dollar fell to a one-week low against its major peers on Wednesday (Nov 27) as investors grew cautious about President-elect Donald…
Business
CapitaLand Ascott Trust sells Japan rental housing asset to Goldman Sachs for 12.7 billion yen: report
CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate…
Business
Kioxia market value set at 750 billion yen, Japan chipmaker to receive listing approval: sources
BAIN-BACKED Kioxia will have a market value of about 750 billion yen (S$6.5 billion) based on the indicative price for its initial public…
Business
Seven & i founding family aims to raise 8 trillion yen for buyout this year: NHK
THE founding Ito family behind Japanese retailer Seven & i aims to raise more than 8 trillion yen (S$70 billion) to take it private by the…
Culture
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead…
Business
KKR raises offer for Fuji Soft to 1 yen above Bain’s rival bid
KKR & Co raised its offer price for Fuji Soft above a rival bid by Bain Capital, winning the backing of the Japanese software developer’s…
Business
SoftBank books 1.18 trillion yen quarterly gain as Vision Fund finds its feet again
JAPAN’S SoftBank Group swung to a 1.18 trillion yen (S$8.7 billion) net profit in the three months to September, as the tech giant…
Business
SoftBank expected to book 287 billion yen profit on IPOs
JAPANESE technology investor SoftBank Group is expected to report a 287 billion yen (S$2.5 billion) quarterly profit on Tuesday (Nov 12),…
Fashion
Yen is first of many Japanese assets set to pivot on US election
A VICTORY for Kamala Harris in the US presidential election has the potential to support Japan’s ailing currency while a win for Donald…