Japan

What to watch in the day ahead

Friday is the first day of sales for Sony's PlayStation 4 interactive gaming console. GE holds an meeting for investors and analysts focused on its GE Capital business. The Federal Reserve releases its report on U.S. industrial production.


Google, KKR invests USD400 million in solar plant project

Search engine giant Google and private equity company KKR & Co. will be financing a solar power plant project for USD400 million. Six solar power plants were being built by Recurrent Energy LLC in California and Arizona.

Japanese app maker Moneytree receives USD1.6 million in seed funding

Moneytree obtained USD1.6 million in a seed investment round participated by private investors including high-level executives from companies that include PayPal, MasterCard and Morgan Stanley.

Lone Star wins bid to acquire Osaka prefecture-owned assets - sources

The government of Osaka prefecture's exit from the OTK Group was its strategy to privatize the latter.


Latest News

This is a summary of key economic events and central bank speeches, likely to affect the global economy through the foreign exchange, equity and debt markets.
Despite continued speculations that it would go public, Japan-based messaging app Line said it did not see the need to hold an initial public offering.
Panasonic Corp said it could now afford deals worth JPY 100 billion as the company moves towards profits.
Zendesk and Tokyo-based Cybozu's new partnership agreement would have both firms embarking on a joint product integration and marketing efforts to boost each other's product in Japan and the US.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.
Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Global stocks went down slightly after the US Federal Reserve provided a dim US economy Global stocks took a small hit on Thursday after the US Federal Reserve wagered an outlook of the state of the U.
Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.
Sony Corp cuts yearly forecast amid losses incurred. Giant Japanese electronic exporter Sony Corp. cut its annual profit forecast, according to a report by Bloomberg.
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