The plan was approved by the Senate on Tuesday and its main purpose is to decrease the extreme labor hours which is one of the factors that triggered this Japanese “suicide epidemic”. For years, Japan reported the worst statistics when it came to the ... ( read original story ...)
Lawmakers accuse Japan’s Abe of false testimony in scandal
TOKYO (AP) — Japanese lawmakers questioned Prime Minister Shinzo Abe ... said they were not directly instructed by Abe to approve the school. Click below for the top news from around the Houston area and beyond. Sign up for our newsletters to be the ... ( read original story ...)
Bank of Japan newcomers back 2% price goal
The two new members of the Bank of Japan’s policy board said on Tuesday that the central bank should continue efforts to achieve its 2 per cent inflation goal and it was premature to debate an exit from its massive monetary stimulus. Goushi Kataoka, a 44 ... ( read original story ...)
Japan’s Mizuho chooses Frankfurt for post-Brexit EU hub
TOKYO, July 25 (Reuters) - Japan's Mizuho Financial Group said it would set up a subsidiary in Frankfurt, the latest Japanese bank to choose the German city as its new base in the European Union as Britain prepares to leave the bloc, termed Brexit. ( read original story ...)
For Japan’s Abe, future of eponymous policy hinges on wage growth
Failure on that front has left the Bank of Japan shouldering the burden with unprecedented stimulus and still years away from meeting its 2-per-cent inflation target. “Abe needs to focus on economic policy to win support back,“ said Akihiko Noda ... ( read original story ...)
Japan regulator warns small banks they must change in order to survive
Japan’s more than 100 regional banks are struggling as lending opportunities wane with the shrinking of their local populations – pain that has been exacerbated by a squeeze on lending margins from the Bank of Japan’s negative interest-rate policy. ( read original story ...)
Two new Bank of Japan policymakers join board
Goshi Kataoka, senior economist at Mitsubishi UFJ Research and Consulting Co., and Hitoshi Suzuki, a former Bank of Tokyo-Mitsubishi UFJ deputy president, are now members of the Bank of Japan’s Policy Board. As of Monday, they have replaced Takehiro Sato ... ( read original story ...)
Japan’s Mizuho joins rival banks eyeing Frankfurt as post-Brexit hub
Rivals SMFG and Mitsubishi UFJ Financial Group (MUFG) also have passporting rights through their banking units in the Netherlands. Mizuho shares were up 0.6 per cent, making them the top performer in Japan’s financial sector, which was up by one-third on ... ( read original story ...)
BOJ newcomers back 2 percent price goal, say too early to debate stimulus exit
TOKYO (Reuters) - The two new members of the Bank of Japan's policy board said on Tuesday that the central bank should continue efforts to achieve its 2 percent inflation goal and it was premature to debate an exit from its massive monetary stimulus. ( read original story ...)
Bank of Japan Cuts Inflation Forecast: ETFs in Focus
The Bank of Japan on July 20, 2017 kept its benchmark interest rate steady at -0.1%, while cutting its inflation forecast for the fiscal year-ended March 2018 and March 2019. The Bank of Japan's decision led to a decline in the yen. Moreover, it kept its ... ( read original story ...)
Osaka treasures the colours of autumn
“Osaka shares Japan’s attractions – safe ... envelope symbol to send an email to reserve/register and receive information in English. Longtime News personal finance columnist and travel writer Mike Grenby teaches journalism at Bond University ... ( read original story ...)
Lotte DF Japan expansion ‘includes Fukuoka and Osaka’
“At this point, we are planning to expand our business to many locations including Fukuoka and Osaka, however the exact location and time is not decided yet,” a Lotte source told TRBusiness. “Even though we are planning to expand our business in the ... ( read original story ...)
Japan launches ‘telework’ campaign to ease congestion, reform work culture
TOKYO (Reuters) - Japan on Monday launched a scheme to promote "telework ... president of the Ricoh Institute of Sustainability and Business. "The lifestyles of younger generations are changing, so firms should offer alternative work styles to maintain ... ( read original story ...)
IMF upgrades eurozone, Japan; leaves world outlook unchanged
The International Monetary Fund upgraded the economic outlook for Europe, Japan and China this year. But the fund left its forecast for global growth unchanged from an April forecast, partly because the United States is unlikely to get much help from tax ... ( read original story ...)
Japan kicks off ‘Telework Day’
Japanese commuters are being encouraged to work from home ... president of the Ricoh Institute of Sustainability and Business. But the upcoming Olympics are not the only reason for the experiment. Prime Minister Shinzo Abe recently introduced policies ... ( read original story ...)
Japanese start-ups generate innovation
Many venture capital funds are also getting their financial resources from banks, says Takao Fujiwara, a professor of business administration at Toyohashi University of Technology. In addition, "the Japanese government is eager to support start-ups," Mr ... ( read original story ...)