TOKYO, May 26 (Xinhua) -- Tokyo stocks closed lower Friday as investors initially opted to take profits while a firm yen later on saw exporters offloaded, with the market mood soured by OPEC agreeing to extend supply cuts which saw energy-related issues ... ( read original story ...)
Tokyo stocks lose ground in morning as investors secure gains
TOKYO, May 26 (Xinhua) -- Tokyo stocks declined Friday morning as investors opted to secure gains following the market's recent rise, with the overall mood lackluster after OPEC's agreement to extend production cuts sent energy-linked stocks lower. The 225 ... ( read original story ...)
China warns Tokyo to ‘act cautiously’ amid reports of US-Japan missile defense collaboration
Tokyo has expressed its concern in recent weeks over North ... after Prime Minister Shinzo Abe met with US President Donald Trump at a summit in the US, Kyodo news agency reported at the time. North Korea has conducted dozens of missile launches and ... ( read original story ...)
Vietnam Festival 2017 hits Tokyo next month
The Vietnam Festival 2017 will take place at Yoyogi Park in Tokyo on June 10 and 11, according to the Vietnam News Agency. The festival aims to strengthen mutual understanding between the two nations and bring Vietnamese people living in Japan closer ... ( read original story ...)
AirAsia makes first landing in Bali from Tokyo Narita airport
Low cost carrier AirAsia has opened a new route from Narita International Airport in Tokyo, Japan, to Ngurah Rai International Airport in Bali. On Thursday, AirAsia X’s maiden flight, with the flight number XT402, landed for the first time in Bali from ... ( read original story ...)
Tokyo cops raid illegal pachinko parlor in Kabukicho
TOKYO (TR) – Tokyo Metropolitan Police have raided a pachinko parlor operating illegally in the Kabukicho red-light district of Shinjuku Ward, reports TBS News (May 25). On Tuesday, police busted parlor Panic Gold, located in a multi-tenant building ... ( read original story ...)
U.S. inflation path since 2012 is worrisome, policymaker says
In slides prepared for delivery in Tokyo on Friday, the U.S. central banker said U.S. prices are now 4.6 percent below the price level path established from 1995 to 2012, when inflation was growing near the Fed's target of 2 percent each year. "This is not ... ( read original story ...)
Nagoya University researchers break down plastic waste
Nagoya, Japan - What to do proteins and Kevlar have in common? Both feature long chain molecules that are strung together by amide bonds. These strong chemical bonds are also common to many other naturally occurring molecules as well as man-made ... ( read original story ...)
Deceased donor leaves ¥40 million, property in Osaka to 3/11 orphans
SENDAI – An anonymous person has willed roughly ¥40 million in savings and about ¥17 million in property to Iwate, Miyagi and Fukushima prefectures on the condition the funds be used to support those orphaned by the 2011 earthquake and tsunami. ( read original story ...)
BDO ties up with Japan’s Seven Bank
MANILA, Philippines - Sy-led BDO Unibank Inc. has partnered with another Japanese bank to further cement its dominance in the international money transfer business. The listed bank owned by retail and banking magnate Henry Sy has partnered with Seven Bank ... ( read original story ...)
Japan’s megabanks dip toes in cryptocurrency waters
TOKYO -- Japanese banks have typically shied away from adopting virtual currencies, but not anymore. Now they are looking to leverage their huge customer bases to jump into the world of cryptocurrencies by offering quick and inexpensive services. ( read original story ...)
Mizuho ventures deeper into fintech
Japan’s Mizuho Financial Group will start a venture next month to create new fintech businesses and catch up with its rivals, according to Reuters. As Banking Technology reported last month, Mizuho Financial Group, Mizuho Bank and IBM Japan teamed up to ... ( read original story ...)
M&A lifts Japan’s 2016 net external assets to second largest on record
TOKYO Japan's net external assets rose to their second-highest amount on record at end-2016 driven by rising mergers and acquisitions overseas by Japanese firms and portfolio investment, the Ministry of Finance (MOF) said on Friday. The net value of assets ... ( read original story ...)
Japan’s 2016 net external assets rose to second-largest on record
Japan’s net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday. The net value of assets held by ... ( read original story ...)
Domino’s to take full control of Japan pizza business
Pizza giant Domino's will take full control of its rapidly expanding Japanese operations, after its minority partner, private equity firm Bain Capital, announced it would pull the plug on its 25 per cent stake in August. The Japanese arm of Domino's ... ( read original story ...)
Japan inflation edges up in April as oil prices rebound
TOKYO — Japan's core consumer price index climbed to a two-year high in April of 0.3 per cent, as costs for energy rose. Economists said the increase reported Friday was not likely to persist and that prices for imported consumer goods actually fell. ( read original story ...)