Topics

Aug 4, 2015

BOJ likely to maintain current easing policy, attention on China

The Bank of Japan is likely to keep intact its ultra-easy monetary policy at its two-day policy meeting starting Thursday, with focus on production and consumer spending amid the slowing Chinese economy, sources said Monday. Despite Japan’s low inflation rate, which was 0.1 percent ...

Aug 3, 2015

Dollar moves tightly around ¥124 in Tokyo trade

The dollar fluctuated narrowly around ¥124 in Tokyo trading on Monday, with a wait-and-see mood growing due to a lack of fresh trading pegs. At 5 p.m., the dollar stood at ¥124.17-19, down slightly from ¥124.21-21 at the same time Friday. The euro was ...

Aug 3, 2015

Nikkei drops on Wall St. fall, lack of TPP deal

The Nikkei lost ground on Monday, pressured by profit-taking following a U.S. stock fall late last week and the failure of negotiators to reach a broad agreement in Trans-Pacific Partnership free trade talks. The Nikkei lost 37.13 points, or 0.18 percent, to end at ...

Retty plans IPO to fund global expansion of restaurant review app

Aug 3, 2015

Retty plans IPO to fund global expansion of restaurant review app

Retty Inc., the Japanese restaurant-review app backed by an arm of Fidelity Worldwide Investment, plans a domestic initial public offering by mid-2017 to fund expansion into global cities, from San Francisco to Hong Kong. Retty aims to start offering an English-language smartphone app and ...

IBM Watson computing technology learns Japanese

Aug 3, 2015

IBM Watson computing technology learns Japanese

by

The IBM Watson computing technology, which has helped organize massive data and has beaten champions on the “Jeopardy” TV show, is now learning Japanese. IBM Watson, a unit of the U.S. technology and consulting company, said Thursday it was working with telecommunications and robotics ...