New evidence reveals source of 1586 Sanriku, Japan tsunami

A team of researchers re-examined historical evidence around the Pacific and discovered the origin of the tsunami that hit Sanriku, Japan in 1586 -- a mega-earthquake from the Aleutian Islands that broadly impacted the north Pacific. Until now, this was ... ( read original story ...)

Japan Arrests Longest-Sought Fugitive After Nearly 46 Years

The authorities this week confirmed the identity of the fugitive, Masaaki Osaka, 67, who was arrested last month in Hiroshima on a separate charge and refused to give his name, according to Kyodo, the Japanese news agency. The police said they identified ... ( read original story ...)

DIARY-Top Economic Events to Aug 10

TOKYO - Bank of Japan starts its two-day monetary policy meeting (to June 16). BERN - Swiss National Bank to publish its Financial Stability Report 2017 – 0430 GMT. BRUSSELS - Eurozone Finance Ministers meet in Brussels. FRIDAY, JUNE 16 DALLAS ... ( read original story ...)

Maynilad inks P10.8-B loan deal with JICA, 3 Japan banks

Joining JICA in the loan agreement are three private Japanese banks: The Bank of Tokyo-Mitsubishi UFJ (BTMU), Mizuho Bank Ltd. (Mizuho), and Sumitomo Mitsui Banking Corporation (SMBC). The loan will be comprised of three facilities: (1) JPY facility and (2 ... ( read original story ...)

Kiwis prefer smartphone over bank branch

The Netherlands came in second at 79 per cent, while in the US and Japan, online banking was comparatively lower at 58 per cent and 57 per cent respectively. Visiting a branch was the third most preferred way to bank in Australia, Brazil, the Netherlands ... ( read original story ...)

Bank of Japan updates on bond buying

The Bank of Japan plans to keep its bond buying activity at unchanged levels in June. The central bank is expected to accumulate ¥7.85T of notes next month based on the purchase ranges of various maturity dates. The BOJ lowered its projection for Treasury ... ( read original story ...)

Tokyo plots course to become global financial hub

TOKYO -- Tokyo Gov. Yuriko Koike is determined to make the Japanese capital a "global financial city." According to a blueprint obtained by the Nikkei, the plan is to slash taxes and dismantle regulatory hurdles, aiming to draw in 40 foreign fintech or ... ( read original story ...)