Nissin Foods was reported to be in advanced discussions with India's Capital Foods for a possible buyout, said sources familiar with the matter.
Tags: Japan
Biggest US creditors show concern on government stalemate
Japan and China, two of the biggest US foreign creditors, had expressed their concerns regarding the partial US shutdown, said a Bloomberg report.
Sharp to offer stocks at a discount- filing
A regulatory filing showed Sharp would be selling stocks at a discount to raise JPY 137 billion. Japan-based company Sharp Corp would be selling stocks at a discounted price to gather JPY 137 billion or USD 1.
Many hurdles face Tokyo Electron-Applied Materials merger
As share values jumped, the bigger issues for the Applied Materials-Tokyo Electron merger would be the regulatory approvals from three countries and the length of time for those approvals to be obtained.
Ho plans to build a casino in Japan valued at USD5 billion
Lawrence Ho planned to invest more than USD5 billion in Japan once Melco Crown Entertainment obtains permission to establish a casino in the country.
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Japan was said to be studying the possibility of giving a USD 50 billion economic stimulus package to cushion the possible drag of its planned tax hike, sources told Reuters.
Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.
The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.
The award to Tokyo as the 2020 Summer Olympics host leveraged to pass gambling casino legislation. Two major gaming firms, Las Vegas Sands Corp and MGM Resorts International are searching for sites to build casinos in Japan.
Singapore is the listing index for Xyec Holdings instead of Japan. The first Japanese firm to debut exclusively in Singapore, Xyec Holdings Co, plans to expand its information technology expertise to Southeast Asia through local purchases and engagement of local talent.
The government of Japan proposed today its JPY47 billion or USD473 million 'ice wall' project in the hopes of stopping the leakage of radioactive water from the Fukushima nuclear plant.
The Japanese government said it would use public funds to deal with the radioactive water emanating from the Fukushima nuclear plant as Tepco appeared overwhelmed by the problem.
The Japanese government got the approval of a special panel to raise the national sales tax by 2014.
Trina Solar reported increase in sales as high demand for products developed in China and Japan. China's Trina Solar Ltd increased its forecast for panel shipments this year as sales in its own country increased.
