Japan PM Abe announces $17.8 billion economic stimulus package

Japanese Prime Minister Shinzo Abe on Monday ordered his cabinet to compile new economic stimulus measures in a package worth around 2 trillion yen ($17.80 billion) by the end of the year. Speaking at a meeting with his top advisory panel, Abe said the ... ( read original story ...)

Life could get choppy for Sea after $1 bln IPO

He declined to comment on the IPO. Throwing around the kind of money needed to keep pace can be tricky for a smallish public company. Japan's Rakuten closed online marketplaces in Singapore, Malaysia, and Indonesia last year because it was wary of ... ( read original story ...)

The Bank of Japan Adds a New Dove to the Dole – CPI on Deck

The Japanese Yen posted a string of losses against most major currencies this week, with a trough-to-peak move of approximately 200 pips in USD/JPY. The pair gapped-higher on the Sunday open for the second consecutive week and continued to run-higher. ( read original story ...)

Why Japan is Becoming the World’s FinTech Leader

The Japanese banking regulators are, at least in this sense, far less conservative than you think, and they are setting up a finical ecosystem in Japan that will lead to far more innovative finTech startups than we are seeing coming out of Europe of America. ( read original story ...)

Japan bank industry risks rise on profit concerns, says S&P

Pedestrians walk past the Bank of Japan headquarters in Tokyo on September 13. With the Bank of Japan leaving its unprecedented monetary easing programme intact on Thursday, S&P said pressure on lending margins may intensify. S&P Global Ratings warned of ... ( read original story ...)

Last Week in Numbers: Japan’s Exports at 4-Year High

The Bank of Japan kept interest rates unchanged at 0.1%. After the two-day policy meeting, it also kept its yield target for 10-year government bonds at around 0%. It said that the optimistic view on the economy should accelerate inflation to its 2% target. ( read original story ...)

Wells Fargo CEO to testify before Senate banking panel on Oct. 3

Praxair Inc Cm (NYSE:PX) was reduced too. Axelsen claims men's singles crown at BWF Japan Open Datuk Lee Chong Wei (pic) is slated to meet newly-crowned world champion Viktor Axelsen of Denmark in the Japan Open final. Moreover, Marin has taken a 2-0 lead ... ( read original story ...)

Baidu’s newest gadget translates speech in near real-time

The portable gadget, which weighs as much as a smartphone, was revealed Tuesday at the 16th Machine Translation Summit in Nagoya, Japan ... to an all-hands meeting at which the news would be announced. Alipay opens up its mini program to users for beta ... ( read original story ...)

Sumitomo Chemical to take stake in nucleic acid startup

Sumitomo Chemical already holds a roughly 1% interest in Bonac, but the new investment will make it the second-largest shareholder after Hayashi Kasei, the startup's Osaka-based parent. Sumitomo Chemical is looking to gain board representation and send ... ( read original story ...)

NEPA’s Most Wanted Fugitives, 9-24/2017

Wanted for: Theft of movable property, criminal conspiracy with multiple criminal ... Wanted for: Theft of a backpack from Osaka restaurant in downtown Scranton. Description: White man, 37 years old. Contact: Scranton police detectives, 570-348-4139. ( read original story ...)

Hot Property: Portillo’s Hot Dogs in Apple Valley

Pizza Hut and Osaka Seafood Steakhouse. Launch is seeking to change the Ryan property's zoning and to gain site plan approvals for the project. The requests went before the city's planning commission in August but were tabled because of some unaddressed ... ( read original story ...)