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Thu, 17 May 2012
(Photo: WN / Arturo Ubaub)Why A Japanese E-Commerce Giant Is The Lead Investor In Pinterest
Rakuten Website...Full Story

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(Photo: AP / Martin Oeser)Europe's banks on the brink
President of the European Central Bank Jean-Claude Trichet looks on during a news conference in Frankfurt, on Thursday, June 10, 2010. T...Full Story

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GLOBAL MARKETS-Asia shares fall steeply on worries over Spain banks, growth
| * MSCI Asia ex-Japan falls 0.6 pct, Nikkei opens down sharply | * Euro hits fresh four-month low vs dollar | * Euro, dollar off lows vs yen | By Chikako Mogi | TOKYO, May 18 (Reuters) - Asian shares fell steeply on Friday after more signs emerged of growing instabilit...Full Story
Nikkei drops sharply, pressured by Spanish bank concerns
| TOKYO, May 18 (Reuters) - Japan's Nikkei share average dropped sharply on Friday morning, breaking through the 8,800 support level, as concerns about the health of Spain's banking system and a stronger yen worsen already bearish investor sentiment. The Nikkei fell 2.1...Full Story
Tokyo stocks set to languish as Europe crisis brews anew
| As risk-aversion spawned by fresh concern over the eurozone sovereign debt crisis dominates equity markets, Tokyo stocks are expected to stay in the doldrums as markets abroad deteriorate. | In March, the Nikkei index climbed back above the 10,000 line for the first t...Full Story
Changes key as HK step up bid to halt mighty Japan
Hong Kong have made five changes to the starting lineup that figured in the narrow loss to South Korea as they attempt to stop the Japan juggernaut at the HSBC Asian Five Nations Top 5 competition in Tokyo tomorrow. | //--> Friday, May 18, 2012 | Hong Kong have made fiv...Full Story
Sizzling Japan bonanza
Teppanyaki restaurants Kaika (Tel: 2972-2888) and Kaiko (Tel: 2895- 0885) are offering buy-three-get-one-free lunch sets on weekdays. | //--> Ivy Ong-Wood | Friday, May 18, 2012 | ADVERTISEMENT | Teppanyaki restaurants Kaika (Tel: 2972-2888) and Kaiko (Tel: 2895- 0885) ...Full Story
Good brain food
In such warm and humid conditions, we all yearn for something simple and refreshing. Rice and pasta are so last season - given how sluggish they make you. So, how about some sashimi? | //--> Mercy Lo | Friday, May 18, 2012 | In such warm and humid conditions, we all yea...Full Story
Facebook set for record IPO
| Facebook priced its stock at $38 per share Thursday, officially giving the social networking giant the largest Internet initial public offering in history. | The IPO could generate as much as $18.4 billion for the Menlo Park, Calif., company and its early private inve...Full Story
Nikkei Set to Fall on Spanish Bank Concerns
| Japan's Nikkei share average is set to fall on Friday, breaking through the next support level | as concerns about the health of Spain's banking system and a stronger yen compound an already bearish climate. | Market players said the Nikkei was likely to trade between...Full Story
Nikkei set to fall, pressured by Spanish bank concerns
| TOKYO, May 18 (Reuters) - Japan's Nikkei share average is set to fall on Friday, breaking through the next support level as concerns about the health of Spain's banking system and a stronger yen compound an already bearish climate. Market players said the Nikkei was l...Full Story
Japan Stock Futures Drop on Europe Turmoil, U.S. Data
| Japanese and Australian stock futures fell, indicating benchmark gauges will extend this week’s losses, amid increasing concern that Greece will exit the euro and after disappointing economic data in the U.S. | American depositary receipts of BHP Billiton Ltd. (BHP)...Full Story
Afghanistan, economy top the agenda as Obama hosts world leaders
| President Barack Obama on Friday kicks off a frenetic four days of guns-and-butter diplomacy, including a pair of high-stakes international summits focused on reviving the sputtering global economy and winding down the unpopular war in Afghanistan. | Both issues will ...Full Story
All Japan Tours offers special Japanese festival tours
| All Japan Tours offers special Japanese festival tours and unlimited possibilities to explore and experience an unforgettable trip to Japan. Whether tourists are interested in cherry blossom tours, festival tours or cultural tours, their Japan vacation packages will b...Full Story
Facebook prices shares at $38 in record Web IPO
| Facebook priced its stock at $38 per share Thursday, officially giving the social networking giant the largest Internet initial public offering in history. | The IPO could generate as much as $18.4 billion for the Menlo Park, Calif. company and its early private inves...Full Story
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Thu 17 May 2012
Japanese pension fund switching to gold? Best of the Boards/Blogs
Stockhouse | Stockhouse members have their say as we feature today’s Top Poster, Bullboard, and Blog, and recognize noteworthy contributions from our community | Top Bullboards post: | “Firstly, suspending a well until testing can be done is a regular p...
FOREX-Yen advances; Greece, Spain woes slam euro
Reuters | * Worries about Greece euro exit, banking sector hurt euro | * Euro hits 4-month low vs firmer dollar, 3-month low vs yen | * Spain's Bankia shares tumble, talk of possible downgrades | By Gertrude Chavez-Dreyfuss | NEW YORK, May 17 (Reuters) - The...
Facebook prices shares at $38 in record Web IPO
San Francisco Chronicle | (05-17) 13:35 PDT -- | Facebook priced its stock at $38 per share Thursday, officially giving the social networking giant the largest Internet initial public offering in history. | The IPO could generate as much as $18.4 billion for the Menlo Park ...
Micron stock jumps after chip order reports
Business Journal Mark Anderson Staff Writer- Sacramento Business Journal Email | Twitter | Reports that Apple Inc. is making large chip orders with Elpida Memory Inc. have spiked interest in Micron Technology Inc.'s stock. | Micron was one of the most actively traded...
Pinterest raises $100 million to bolster growth
CNN By Laurie Segall @CNNMoneyTech May 17, 2012: 3:05 PM ET | NEW YORK (CNNMoney) -- Hot social network Pinterest just landed a sizable cash infusion: The company raised $100 million in a financing round by e-commerce giant Rakuten. Existing investors An...
Kobo investor Rakuten invests US$100 million in social media site Pinterest
Stockhouse | TORONTO - The Japanese e-commerce firm that bought e-reader company Kobo Inc. is now picking up a major stake in social media site Pinterest. | Tokyo-based Rakuten Inc. will invest US$100 million into the website, which launched in 2010 but has exp...
USD Remains Overbought, JPY At Risk As Intervention Threats Resurface
The Street | Index | Last | High | Low | Daily Change (%) | Daily Range (% of ATR) | DJ-FXCM Dollar Index | 10098.47 | 10141.6 | 10088.66 | -0.21 | 117.63% | Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar ) remains 0.24 percent lower from the o...
Obama likely to tap Strategic Petroleum Reserve
CNN By Steve Hargreaves @CNNMoneyInvest May 17, 2012: 2:59 PM ET | A release of oil from the world's strategic petroleum reserves is still likely despite the recent fall in crude prices as up to 1 million barrels a day could soon be lost from Iran. | NEW...
CURRENCIES & BONDS / Dollar moves little above 80 yen in Tokyo amid deepening Greek debt crisis
Daily Yomiuri | The dollar was almost flat at levels moderately above 80 yen in Tokyo trading Thursday, as traders retreated to the sidelines following sell-offs of the euro on the back of the deepening Greek debt crisis. | At 5 p.m., the dollar stood at 80.32-34 ...
TPP talks end with no progress on Japan's entry
Daily Yomiuri | DALLAS (Jiji Press)--The 12th round of Trans-Pacific Partnership multilateral trade talks concluded Wednesday in Dallas with an agreement on support measures for small and midsize firms, but no progress was made on the possibility of Japan entering...
TOKYO EXCHANGE / Nikkei rebounds on stock buybacks
Daily Yomiuri | Stocks on the Tokyo Stock Exchange bounced back Thursday, as mainstay issues of the benchmark Nikkei average attracted buybacks. | The 225-issue Nikkei Stock Average closed up 75.42 points, or 0.86 percent, at 8,876.59. On Wednesday, the key market...
Luxury Hotel Seiyo Ginza to close doors
Daily Yomiuri | Hotel Seiyo Ginza, a luxury hotel in the Ginza district of Chuo Ward, Tokyo, will close its doors next year after about 26 years in business, Tokyo Theatres Co., the hotel operator's parent firm, has said. | The major movie promotion company will c...
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Full StoryGLOBAL MARKETS-Asia shares fall steeply on worries over Spain banks, growth
Full StoryNikkei drops sharply, pressured by Spanish bank concerns
Full StoryTokyo stocks set to languish as Europe crisis brews anew
Full StoryChanges key as HK step up bid to halt mighty Japan
Full StoryGLOBAL MARKETS-Asia shares fall steeply on worries over Spain banks, growth
Full StoryTokyo stocks set to languish as Europe crisis brews anew
Full StoryNikkei Set to Fall on Spanish Bank Concerns
Full StoryJapan Stock Futures Drop on Europe Turmoil, U.S. Data