OSAKA – The debate over statues memorializing “comfort women,” who were forced to work in Japanese military brothels before and during World War II, is threatening to upend a six-decade sister city relationship between Osaka and San Francisco. In an ... ( read original story ...)
Amazon Is Opening a Pop-Up Liquor Bar in Tokyo
Amazon.com Inc. is opening a bar. For 10 days, the web retailer is going to sell beer, wine, sake and cocktails in Tokyo’s glitzy Ginza district to promote alcoholic products sold on its website in Japan. While Amazon has opened physical bookstores ... ( read original story ...)
Japan, Hong Kong shares follow Wall St higher in quiet trade
KEEPING SCORE: Japan's benchmark Nikkei 225 index edged up 0.3 percent to 20,675.44 a day after closing at its highest in two years. Hong Kong's Hang Seng advanced 0.7 percent to 28,392.77 but Australia's S&P/ASX 200 lost 0.7 percent to 5,660.40. ( read original story ...)
Tokyo, Hong Kong stock markets hit two-year highs; Europe mixed
HONG KONG — World stock markets were mixed on Wednesday as momentum from Wall Street’s rally faded. Investors were watching for economic data and remarks from the Fed chief to provide direction. KEEPING SCORE: European indexes were mixed in early ... ( read original story ...)
Emirates marks 15th year of operations to Japan
Emirates offers special Japanese cuisine, including the Kaiseki course meal and the premier selection of Sushi in First Class as well as a specially arranged Bento box and Sushi platter in Business Class, along with Japanese sake available in all classes. ( read original story ...)
Nippon Life to acquire MassMutual’s Japan unit
has entered into final negotiations over acquiring U.S. life insurer MassMutual Life's subsidiary in Japan, Nikkei has learned. Nippon Life will spend 100 billion to 200 billion yen ($886 million to $1.77 billion) to purchase a majority stake in the company. ( read original story ...)
Nikkei ends flat, hovers around 2-year highs as caution sets in
TOKYO, Oct 5 (Reuters) - Japan’s Nikkei share average ended little changed on Thursday after hitting a two-year high in the previous session, as investors grew cautious ahead of major economic data such as the U.S. jobs report later this week. ( read original story ...)
Asia Markets Mostly Higher; Japan Stocks Lack Direction
TOKYO—Asian equity markets were broadly higher Thursday, led by a rebound in Singapore’s banking and real-estate stocks, though Japan’s benchmark index struggled for direction. The Nikkei Stock Average was nearly unchanged in afternoon trade at 20626 ... ( read original story ...)
Saxo Bank Securities in Japan warms to Torstone’s Inferno for regulatory reporting
Japan-based Saxo Bank Securities has selected Torstone Technology’s Inferno to replace its legal ledger and comply with regulatory reporting requirements. It will initially use Inferno to improve its post-trade reporting processes and is looking to add ... ( read original story ...)
Cracks appearing in BOJ’s glass ceiling as more women take lead roles at Japan’s central bank
Some long-closed doors are opening at the Bank of Japan as it seeks to hire and promote more women in career-track positions. In a little more than a year, at least five women have taken over as chiefs of major branches or divisions of the central bank ... ( read original story ...)
Saxo Bank in Japan selects Torstone’s Inferno for legal ledger and regulatory reporting
Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that Saxo Bank Securities Ltd. (“Saxo Bank Japan”), the investment and trading specialist, has selected Inferno to replace the bank's ... ( read original story ...)
China’s Currency: Safer Than Japan’s Yen?
the renminbi’s recent strength is less about investors viewing the currency as a stalwart in troubled times and more about policy changes from the People’s Bank of China (PBOC ... long period of low growth, as in Japan ..." The Japanese yen is ... ( read original story ...)
Time to Buy Japan ETFs as Recovery Gains Momentum?
Japan's Q2 GDP Revised Down: ETFs in Focus). Although Bank of Japan (BOJ) governor Haruhiko Kuroda kept the interest rates at negative 0.1% and maintained the asset buying program in the recent policy meeting, it still has not helped Japan reach anywhere ... ( read original story ...)
US casino giant Sands eyes $10bn resort in Japan
Casinos themselves account for less than 3% of Las Vegas Sands' overall business. The rest consists of hotels, exhibit halls, theaters and commercial facilities. The Japanese public is generally resistant to the idea of casinos. So other facilities like a ... ( read original story ...)
Veteran Japan shipbuilder tries its luck with Chinese cruise ships
With Mitsubishi Heavy Industries' de facto withdrawal from building cruise ships, the Japanese have all but ceded this business to European names such as Italy's Fincantieri and Germany's Meyer Werft. In bulkers and other commercial vessels, meanwhile ... ( read original story ...)
3M Drives Global Design Scale with Announcement of 3M Design Center in Japan
ST. PAUL, Minn.--(BUSINESS WIRE)--3M, the global innovation company long recognized for diversified technology and collaboration, announced the opening of a new 3M Design Center in Japan, a hub to accelerate the growth of design across the global enterprise. ( read original story ...)