The government sold about $12 billion worth of shares in Japan Post, Japan Post Bank Co (7182.T), and Japan Post Insurance Co (7181.T) in the IPO, which was the largest privatization of a Japanese state-owned firm since that of Nippon Telegraph and ... ( read original story ...)
Japan to extend $850 million bailout loan to Mongolia: finance ministry
ULAANBAATAR Japan has committed $850 million in loans to Mongolia as part of a bailout to help rescue the country's struggling economy, Mongolia's finance ministry said on Wednesday. Mongolia, landlocked between China and Russia, agreed to a $5.5 billion ... ( read original story ...)
Sapporo could be first major Japan city to recognize LGBT couples
A major turning point is about to unfold as the municipal government of Sapporo has announced plans to officially recognize same-sex partnerships between lesbian, gay, bisexual and transgender couples. The program will officially take into effect starting ... ( read original story ...)
Bank of Japan's Sato says labour reform must accompany monetary easing
TOKYO Bank of Japan board member Takehiro Sato said labour market reform and other measures to boost Japan's growth potential must accompany monetary easing to raise the country's low long-term inflation expectations. Prolonged economic stagnation has ... ( read original story ...)
BDO, Japanese bank forge deal to help SMEs
BDO Unibank has teamed up with Shinkin Central Bank (SCB), the central financial institution in Japan for the cooperative regional financial institutions known as “shinkin” banks, to assist Japanese small and medium enterprises (SMEs) seeking business ... ( read original story ...)
Why Mizuho Believes Bitcoin Still Has a Future in Banking
Japanese banking giant Mizuho Financial Group is nearing completion of a pilot project that utilizes the bitcoin blockchain for securities transfer. First announced last year as a proof-of-concept (PoC) built with bitcoin's open asset protocol ... ( read original story ...)
WORLDREMIT LAUNCHES ONLINE MONEY TRANSFERS IN JAPAN
Customers in Japan will now be able to send money to family and friends worldwide, using a mobile phone, tablet or computer – cutting out the need to travel to agent locations or bank branches during business hours. Bringing the offline remittance ... ( read original story ...)
China, Japan island fight reignites with population push
“This is a very emotional issue for both sides,” Frances Rosenbluth, a political science professor at Yale University, told Fox News. “Japan right now is trying to send strong signals to ward off any other advances by Chinese in regards to their ... ( read original story ...)
Japan turns to Basil Fawlty in race for Olympic English
You can join the debate at the BBC's Family & Education News Facebook page. Japan is 40th out of 48 countries on the Test of English for International Communication (TOEIC), and last year it fell from "moderate proficiency" to "low proficiency" on EF's ... ( read original story ...)
European and Japanese business groups warn of Brexit impact
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business ... ( read original story ...)
Saudi Aramco IPO Under Pressure, As 9/11 Lawsuits And Oil Prices Hit
Saudi Aramco’s IPO future looks a bit more bleak than was expected ... decide not to list it on NYSE but choose major listings in London (LSE), Hong Kong or Tokyo. Such a decision could be another major slap in the face to Trump, as part of his ongoing ... ( read original story ...)
Nikkei edges down in choppy trade as ex-dividend adjustment weighs
TOKYO, March 29 Japan's Nikkei share average edged down in choppy trade on Wednesday morning as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. The Nikkei dropped 0.2 percent to ... ( read original story ...)
Osaka to privatize subway, bus operations in 2018, achieving Hashimoto goal
According to the ordinance, the subway operations will be transferred to a new company of which the city will take full control while the bus business will be handed over to Osaka City Bus Co., a city-affiliated firm. The privatization of the two transport ... ( read original story ...)
Japan’s business lobby issues Brexit warning to Theresa May
Japan’s powerful Keidanren business lobby is stepping up its challenge to Theresa May’s handling of Brexit, with a communique demanding that the UK prime minister give “deeper consideration” to the effects on the British economy, according to ... ( read original story ...)
BRIEF-Aucnet announces IPO on Tokyo Stock Exchange on March 29
* Says its stock will begin trading on the Tokyo Stock Exchange on March 29, 2017, under the symbol "3964" * In its initial public offering, the company will offer a total of 4,820,000 common shares, comprised of newly issued 2,200,000 shares and privately ... ( read original story ...)
Government to help finance building of hotels amid tourism boom
only provides financial support for the construction of facilities such as schools, libraries, hospitals and nursing homes, and only in areas outside Tokyo, Osaka and Nagoya. The government will revise the rules to enable it to finance — from next month ... ( read original story ...)