The bank is a unit of Mitsubishi UFJ Financial Group ... That is in addition to suits from 15 groups and individuals in Japan that total 15.3 billion yen. The Tokyo Stock Exchange has placed Toshiba on its watch list since September 2015, following ... ( read original story ...)
The Bank of Japan has a ‘Toyota problem’
For Bank of Japan Gov. Haruhiko Kuroda, this week’s BOJ meeting is a go-through-the-motions exercise. He’ll look across the table and get his colleagues’ assessments of inflation and growth before standing pat on the BOJ’s ultra-loose policies. ( read original story ...)
Japan’s Cheap Money Era May Be Ending
The Bank of Japan’s (BOJ’s) war against deflation is far from over, but analysts are hopeful that 2017 may mark a turning point for the world’s third-largest economy. Evidence that two decades of deflation have yet to be fully expunged came Friday ... ( read original story ...)
UPDATE 1-Japan Post not planning to coordinate unit stake sales with gov't -CEO
The holding company would instead wait for the appropriate timing to sell shares in Japan Post Bank Co Ltd and Japan Post Insurance Co Ltd, Nagato said at a news conference. "We would like to sell our holdings in the two subsidiaries down to 50 percent as ... ( read original story ...)
Japan PM says next BOJ head should carry on Kuroda's policy stance
TOKYO Japanese Prime Minister Shinzo Abe said the next central bank governor should be someone who would carry on the policy stance taken by incumbent Haruhiko Kuroda, signaling its ultra-easy monetary policy could be sustained for years to come. ( read original story ...)
Milos Degenek confirms move from TSV 1860 Munich to Yokohama Marinos
SOCCEROO Milos Degenek has confirmed he is leaving TSV 1860 Munich to join J-League club Yokohama Marinos. The 22-year-old posted a photo on Instagram with a caption saying he “can’t wait to get started tomorrow and prove everyone it’s the right ... ( read original story ...)
Japan December retail sales come in below expectations as BOJ meets
TOKYO Japanese retail sales rose less than expected in December, government data showed on Monday, unwelcome news as the Bank of Japan meets to set monetary policy. Retail sales rose 0.6 percent in December from a year earlier, below the median market ... ( read original story ...)
Nikkei, other Pacific markets slide as dollar loses ground
Japan's Nikkei slid almost 1% in early trading Monday. President Donald Trump’s executive order on immigration and muted American GDP data have put traders in Asia back into risk-off positions, though many markets in the region are on a holiday break. ( read original story ...)
Japanese founder of Namco, which brought Pac-Man to the masses, dead at 91
The Japanese games company Bandai Namco says Masaya Nakamura, the "Father of Pac-Man" who founded the Japanese video game company behind the hit creature-gobbling game, has died at age 91. Nakamura, who died on Jan. 22, held an honorary position at Bandai ... ( read original story ...)
Tokyo Stock Exchange Selects Juniper Networks for Extensive Trading Platform Upgrade
In addition to having connectivity to the Tokyo Financial Exchange (TFX), the Japan Securities Depository Center (JASDEC) and the Tokyo Commodity Exchange (TOCOM), TSE placed priority on increasing network speed, reliability and scalability, while also ... ( read original story ...)
‘Unpopular’ Nagoya on hunt for catchphrase, logo to pitch its appeal to tourists
In an effort to become a travel destination instead of a mere transit point, Nagoya is asking the public to help create a slogan or catchphrase the city can use for tourism posters and websites to improve its appeal. The Nagoya Municipal Government is ... ( read original story ...)
Bank of Japan seen bullish on GDP after eventful 2016
TOKYO -- The Bank of Japan is poised to upgrade its three-year economic growth outlook in the final days of January in light of strong recent indicators, though stronger inflation forecasts will be a harder sell. The central bank will compile its quarterly ... ( read original story ...)
‘Unpopular’ Nagoya on hunt for catchphrase and logo to pitch its appeal to tourists
In an effort to become a travel destination instead of a mere transit point, Nagoya is asking the public to help create a slogan or catchphrase the city can use for tourism posters and websites to improve its appeal. The Nagoya Municipal Government is ... ( read original story ...)
Stocks in Asia drop after U.S. immigration flap
TOKYO - Most financial markets were closed in Asia on Monday for lunar new year holidays, but shares fell in Japan and Australia on uncertainty over the potential impact of President Donald Trump's travel ban on seven Muslim-majority countries and other ... ( read original story ...)
Toyota loses title of world's biggest automaker to VW
TOKYO -- Toyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million. General Motors reports its tally next week. If GM's number falls ... ( read original story ...)
Tokyo stocks open down as investors opt to lock in profits
TOKYO, Jan. 30 (Xinhua) -- Tokyo stocks dropped from the bell on Monday as investors opted to secure profits made after the market's recent run of closing highs. As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 97.79 points, or 0.50 percent, from ... ( read original story ...)