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Search Result for “investment news”

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BUSINESS

SoftBank to acquire 15% Uber stake for $7.7bn

Kyodo News, Published on 29/12/2017

» TOKYO: Japan's SoftBank Group Corp has agreed with Uber Technologies Inc to acquire a 15% stake in the US ride-hailing giant for $7.7 billion, SoftBank officials said Friday.

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BUSINESS

Japan approves 2018 tax reform package

Kyodo News, Published on 14/12/2017

» TOKYO: Japan's ruling coalition Thursday unveiled a tax reform package for fiscal 2018, which would raise income taxes on salaried workers earning over 8.5 million yen ($75,000) and taxes on tobacco products, as well as introduce a new departure tax on anyone leaving Japan.

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NEWS

Japan, Myanmar leaders hold talks in Tokyo

Kyodo News, Published on 14/12/2017

» Japan's Prime Minister Shinzo Abe and Myanmar President Htin Kyaw held a meeting on Thursday in Tokyo, with the Japanese leader expected to announce fresh support for infrastructure projects in the Southeast Asian country.

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NEWS

Japan's Q3 economic growth revised up to 2.5%

Kyodo News, Published on 08/12/2017

» TOKYO: Japan's economy grew an annualised real 2.5% in the July-September period, revised up from preliminary data and marking seven straight quarters of growth, the longest stretch on record, the government said Friday.

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NEWS

Apec pre-summit talks stall on trade

Kyodo News, Published on 09/11/2017

» DANANG: Ministers from 21 Pacific Rim economies who were discussing free trade and regional economic cooperation failed Wednesday to agree on a joint statement and have decided to extend talks to Thursday, the Japanese government said.

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NEWS

1MDB misses deadline to pay Abu Dhabi fund

Kyodo News, Published on 01/08/2017

» KUALA LUMPUR - Scandal-ridden state fund 1Malaysia Development Berhad said Tuesday it missed the Monday deadline to pay $602.73 million as part of a settlement because the money was held up by red tape, but vowed to come up with the money this month.

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BUSINESS

IMF keeps world growth forecast at 3.5%

Kyodo News, Published on 24/07/2017

» WASHINGTON -- The International Monetary Fund maintained its world economic growth forecast at 3.5% this year and 3.6% next year, with upward revisions for Japan, China and other Asian emerging markets offsetting a downward projection for the United States.

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NEWS

Japan, Laos PMs meet in Tokyo to talk development

Kyodo News, Published on 07/06/2017

» Japanese Prime Minister Shinzo Abe and his Lao counterpart Thongloun Sisolith met Wednesday in Tokyo to discuss implementation of a plan to spur development in Laos and other issues.

BUSINESS

Japan to boost support for Eastern Economic Corridor

Kyodo News, Published on 07/06/2017

» Japan and Thailand agreed Wednesday to enhance cooperation for the development of the Eastern Economic Corridor, a flagship technology hub of the Southeast Asian country, by promoting investment by Japanese businesses.

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NEWS

US to Asean: 'We're here for you'

Kyodo News, Published on 05/06/2017

» SINGAPORE - In his talks with defence ministers from the Association of Southeast Asian Nations, US Defence Secretary Jim "Mad Dog" Mattis on Sunday sought to reassure the group of Washington's commitment to the Asia-Pacific region.