Nikko Asset Management New Zealand, the local subsidiary of the Japanese investment firm, said funds under management topped $4 billion for the first time as the country’s relatively high yields on offer in a low-interest-rate world attracted foreign investors. The local fund manager has increased its assets under management by 14 percent in the past 12 months, aided by the lure of …
Read More »Tag Archives: Japan
Pacific Edge awarded Japanese patent for colorectal cancer, shares rise
Pacific Edge, the medical biotech company, has been awarded a Japanese patent for its colorectal cancer screening technology, as the company looks to expand its range of diagnostic tests internationally. The shares rose on open. The Dunedin-based biotech is looking to commercialise its Cxcolorectal test in Japan, where colorectal is the nation’s most prevalent cancer, it said in a statement. The …
Read More »MARKET CLOSE Late rally as Bank of Japan acts
New Zealand stocks eased slightly until a late rally, in line with cautious sentiment across the Asian region ahead of a crucial Bank of Japan decision to loosen monetary policy, announced just before 5pm local time. The NZX50 Index rose 1.90 points, or 0.45 percent, to 4,187.082. Within the index, 27 stocks rose, 16 fell and seven were unchanged. Turnover …
Read More »NZ dollar up on most currencies as Japan announces stimulus
The New Zealand dollar rose during the local trading day as market-watchers across Asia waited for a crucial Japanese monetary policy decision. That decision came just after 5pm and saw the Bank of Japan announce a doubling in the country’s inflation target to 2 percent and adoption of a US Federal Reserve-style quantitative easing programme of bond-buying. Bloomberg reported the …
Read More »Apple iPhone Helps Japan’s Factories Produce More
Weekend Video Japan’s factory output unexpectedly rose the most since December on production of parts for devices including Apple Inc.’s iPhone, providing a bright spot in an economy poised to shrink for a second straight quarter.
Read More »Japanese car sales slump in China
Breakfast Video Japanese car brands at the Guangzhou auto show admit to difficult sales in China in a year which has seen violent protests over territorial disputes with Japan in the South and East China seas. Other foreign brands report growing sales in the world’s biggest car market
Read More »Missu Peace a catalyst for closer film relations with Japan
Updated Missu Peace – an upcoming film co-produced between New Zealand and Japan – was recently selected for the Tokyo International Film Festival project market. Selection allows the team responsible for Missu Peace to pitch to the market in the hope of securing investment Whilst this is a huge opportunity for all of the Missu Peace team, it sends a …
Read More »Is Fumiaki Tanaka a game-changer for relations between NZ and Japan?
Comment New Zealand and Japan are two countries that most people would not usually consider as having the potential for strong sporting relations, but it’s time to think again. With the 2019 Rugby World Cup being held in Japan and the exchanges of top level athletes, the opportunities for sporting ties between our two nations has never been higher. The …
Read More »Japan New Zealand Business Council celebrated 60 years of trade
The Japan New Zealand Business Council celebrated a 60-year diplomatic and trade relationship at a conference in Auckland on November 6-8. The council has played a key role in developing the relationship between the two long-term trading partners with New Zealand now exporting $3.4 billion annually to fourth-ranked trade partner Japan, while imports to New Zealand are around $2.9 billion …
Read More »Japan’s relationship with NZ one of our most important – PM
Despite the lack of publicity New Zealand’s relationship with Japan has received of late, Japan remains a crucial partner for our country within Asia. This was the message from the Prime Minister yesterday in his address to the Japan New Zealand Business Council at their annual conference. “At all levels, New Zealand’s relationship with Japan is one of our …
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