Ben Williams, investment director at GAM, says Japanese companies will see "record-high" earnings in 2014, with strong dividend repayments.» Read More
*Tokyo court rules' difficult' for bitcoin exchange to revive. Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court-appointed administrator said on Wednesday.
SHANGHAI, April 16- BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.
Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application.
LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying by its giant state pension fund of Tokyo stocks.
TOKYO, April 15- Some Japanese Internet companies are getting a boost from foreign investors as Prime Minister Shinzo Abe pushes for an elusive strength his country's firms are not known for- high returns.
*Shares in Alibaba shareholders Yahoo, Softbank jump. SAN FRANCISCO, April 15- Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering.
Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, the Wall Street Journal reported, citing people familiar with the situation.
*Tokyo shares extend gains on Japan finmin comments on GPIF. SINGAPORE, April 16- The Australian dollar pared losses on Wednesday after China's first-quarter economic growth slightly exceeded expectations and helped underpin risk sentiment.
*Nikkei leads the way encouraged by late rally on Wall St. SYDNEY, April 16- Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
TOKYO, April 16- Japan's Nikkei share average rose on Wednesday after a better performance on Wall Street overnight, with index heavyweight SoftBank soaring after a strong earnings report from its Chinese e-commerce affiliate Alibaba Group Holding Ltd. The Nikkei share average rose 1.8 percent to 14,246.65, extending its rebound from a six-month low around 13,885 hit earlier this month.
TOKYO- Bank of Japan Governor Haruhiko Kuroda speaks at the Japan Trust Banks Association- 0615 GMT. LJUBLJANA- Slovenia Finance Minister Uros Cufer speaks at a business conference on the European and Slovenian banking sector- 0700 GMT.
TOYOTA CITY, Japan/ TOKYO, April 16- Toyota Motor Corp is set to post record growth for the year just ended- with a likely $10 billion surge in operating profit- but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ahead.
Data from industry tracker Eurekahedge showed hedge funds in Europe managed a record $476.2 billion by the end of March, surpassing the previous high of $473 billion hit in October 2007, as investors look to tap into the region's gradual recovery.
Hayman Capital's Kyle Bass believes Wall Street's recent declines in the biotech and social media sector shows cracks in the Japanese economy.
LONDON, April 15- Three former brokers at ICAP, the world's largest interdealer broker, appeared in a London court on Tuesday charged with running a four-year scheme to manipulate Libor benchmark interest rates.
CNBC's David Faber speaks with Kyle Bass, Hayman Capital Management managing partner, about his stake in General Motors and why he is still bullish on the beleaguered automaker. The public policy aspect is so difficult to contextualize and understand, Bass says.
Europe's banks prepare for ECB tests with new provisions. LONDON- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.
Agriculture, Forestry and Fisheries Minister Yoshimasa Hayashi told the meeting that Japan must protect its whale-eating culture and secure sources of whale meat. The International Court of Justice ordered Japan on March 31 to stop granting permits for its Antarctic whaling program, which allowed an annual catch of about 1,000 whales.
*Governor supports casino plan; Tokyo officials yet to voice support. OSAKA, Japan, April 15- The Japanese city of Osaka plans to invite operators to build a casino on a plot of reclaimed land on Osaka Bay, its governor told Reuters, pipping Tokyo in the race to attract global gaming firms to set up the country's first gambling resort.
TOKYO— World stock markets were mostly lower Tuesday as Ukraine tensions continued to bubble and jitters about China's economy resurfaced. Hong Kong's Hang Seng was down 1.6 percent at 22,671.26 as a drop in China's money supply unnerved investors ahead of first quarter economic growth figures due Wednesday.