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Global Markets
Japan core machinery orders fall as demand uncertainty sets in
TOKYO (Jan 16): Japan's core machinery orders fell in November at the fastest pace in seven months in a sign that some companies may be turning cautious about capital expenditure because of uncertainty over domestic and overseas demand for goods and s
January 16, 2017
Broker's Calls
Hold your bets on Genting
SINGAPORE (Jan 13): Genting Singapore may be preparing for a potential casino bid in Japan by selling its stake in Resorts World Jeju for US$411 million ($587 million) and recognising a gain of $93 million, but CIMB is not placing its bets on the casino o
January 13, 2017
Crude Oil
Saudis curb oil to China, Southern Asia as others spared
SINGAPORE (Jan 12): Saudi Arabia was said to cut February crude sales to China and southern Asian nations while largely sparing countries including Japan and South Korea, as it curbs supply as part of a deal between OPEC and other producers.
January 12, 2017
Global Markets
Trump hits Toyota in latest broadside against carmakers and Mexico
WASHINGTON (Jan 6): US President-elect Donald Trump targeted Toyota Motor Corp on Thursday, threatening to impose a hefty fee on the world's largest automaker if it builds its Corolla cars for the US market at a plant in Mexico.
January 06, 2017
Parkway Life REIT sells 4 nursing homes in Japan for $48 mil
SINGAPORE (Dec 23): The managers of Parkway Life REIT has sold four nursing homes in Japan for a total sale consideration of ¥3.72 billion ($48.9 million) to Fortress Japan Investment.
December 23, 2016
Japan's government approves record military spending
TOKYO (Dec 22): Japanese Prime Minister Shinzo Abe's government on Thursday approved an increase in defense spending to record levels to counter growing Chinese military power in the East China Sea and an escalating North Korean ballistic missile thre
December 22, 2016
Tech
Apple's search for better iPhone screens leads to Japan's rice fields
TOKYO (Dec 22): Apple Inc.'s quest to adopt advanced displays for its next-generation iPhone hinges on a single supplier in the Japanese countryside.
December 22, 2016
Fukushima’s US$70 bil cleanup leaves foreign firms in the cold
TOKYO (Dec 21): Cleaning up the Fukushima nuclear plant -- a task predicted to cost 86 times the amount earmarked for decommissioning Japan’s first commercial reactor -- is the mother of all salvage jobs. Still, foreign firms with decades of experienc
December 21, 2016
Global Markets
Japan’s annus volatilitis: negative rates, Brexit and then Trump
SYDNEY (Dec 19): For investors in Japan’s markets this year, it’s been a case of one shock after the next in a pattern that might have prepared them well for the era of Donald Trump and his reputation for the unexpected.
December 19, 2016
Japan overtakes China as largest holder of US Treasuries
(Dec 16): China’s holdings of US Treasuries declined to the lowest in more than six years as the world’s second-largest economy uses its currency reserves to support the yuan. Japan overtook China as America’s top foreign creditor, as its holdings e
December 16, 2016