Nikkei Asian Review (Aug 9,2019) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Aug 9,2019)

8 AUGUST 2019

Japan allows first exports of materials to South Korea since curbs
Month after tightening controls, Tokyo says it will not stop legitimate trade

Japan logs current account surplus of 1.21tn yen in June

Japan’s northern island rolls out ‘green’ carpet for vegetarians
Hokkaido wants restaurants to increase options to accommodate tourists

Trump ups security demands on Japan and South Korea
US president blends security and trade demands to extract concessions

Tepco taps peer, Toshiba and Hitachi to resume nuclear project
Cooperation on new Higashidori plant will spread costs and risks

Japanese drugmaker Santen forays into India
Ophthalmology specialist plans to roll out five drugs in five years

Japan and South Korea will be biggest losers in US-China currency war
ASEAN countries will also be collateral damage as demand falls and exports are hit

Apple supplier Japan Display inks bailout with Chinese rescuers
Uncertainty remains as timing of $760m payment faces delays

Japan’s GDP grows 1.1% in June: JCER
Gain is first in two months on the back of external demand

SoftBank flags first Vision Fund 2 investments within three months
Tech investor plans to sell off stakes to raise cash despite $10.5bn profit

7 AUGUST 2019

Investors remain upbeat on Asian IPOs
Region provides safe haven as global uncertainties dampen volume

China’s No. 2 player to launch 5G chip in 2020 to rival Qualcomm
UNISOC pushes up timetable amid efforts to cut reliance on US tech

Toshiba posts $1.31bn net loss for April-June quarter
Toshiba Memory’s poor performance and sale of LNG business were big contributors

Japanese political up-and-comer Shinjiro Koizumi to marry TV host
Son of ex-PM, seen as future leader, expecting baby with fiance Christel Takigawa

JPX-Nikkei stock indexes to be reshuffled
Component changes to take effect on Aug. 30

How the WTO will address the Japan-South Korea trade row
Are national security concerns a ‘sacred cause’ under international law?

‘Workations’ offer overworked Japanese a way out of the office
Companies dangle resort stays and telework options to meet vacation mandate

Sharp readies 3 bonuses a year to energize staff
Company wants to reflect quarterly earnings quicker, based on performance

Saturday mail delivery faces chopping block in Japan
Lack of demand and labor shortage spur service reductions

SoftBank to offer $3.8bn in Japan retail bonds to cover redemptions
Telecom group to again tap strong demand for high yields

Kirin taps health food market with 30% stake in Fancl
Japan brewer pushes further into wellness industry with $1.2bn purchase

SoftBank cuts Japan tax bill to zero with Arm transfer to Vision Fund
Benefits on transfer of UK chip maker holdings sparked probe by authorities

6 AUGUST 2019

Japan and South Korea must prevent trade feud from spreading
North Korea’s missile tests highlight importance of Tokyo-Seoul partnership

Modern Monetary Theory threatens revolution in economic thinking
Proponents advise printing money until inflation hits and approve of Abenomics

South Korea’s internal rift deepens as feud with Japan escalates
Media on left and right attack each other over how to deal with Tokyo

Hiroshima marks 74th anniversary of atomic bombing
Mayor pushes Japan to join UN treaty that bans nuclear weapons

Japan’s real wages drop for 6th straight month in June
Concerns raised over strength of consumption ahead of planned October tax hike

Japan’s June household spending rises for 7th straight month
Consumers remain resilient despite 6th consecutive monthly fall in real wages

Japan stocks tumble as US and China rumble into currency war
As Nikkei loses 2.9%, yen strengthens to mid-105 against dollar

Mitsui expands LNG processing fleet with eye on Southeast Asia
Floating units offer cheaper alternative to onshore facilities

Nomura overtakes Goldman to be Japan’s No. 2 M&A adviser
Mitsubishi Morgan Stanley leads the pack in first half as appetite grows for global deals

A year out, top Tokyo hotels hang no vacancy signs for Olympics
Capital and nearby cities scramble to host 10 million visitors amid 14,000-room shortfall

South Korea and Japan should bury the historical hatchet
Countries are natural allies against assertive China

Suntory pours $56m into whisky-aging cellar to meet demand
Storehouse for 40,000 barrels will be added to Shiga, Japan facility

South Korea intends to end reliance on Japan for 20 products
Seoul to spend $6.42bn to support industry’s research and development efforts