Foreign hotel chains race to tap tourism boom in Japan

A rendering of the hotel that Marriott International plans to open in Osaka in 2021, its first upmarket W brand property in Japan. As a global hotel brand, Marriott International cannot afford to miss the great opportunity arising from the sharp growth of ... ( read original story ...)

Japan’s journey to budget surplus gets 2 years longer

TOKYO -- Japan's goal of reaching a primary budget surplus, a measure that excludes debt service costs, is new expected to recede to fiscal 2027 as Shinzo Abe's government seeks to divert tax revenue meant to reduce borrowing to social programs. ( read original story ...)

First W Hotel in Japan to Open 2021 in Osaka

W Osaka will bring 337 guestrooms, including 35 Suites, two WOW Suites and one EWOW Suite (the brand’s take on the Presidential Suite) to the city. The hotel will feature multiple dining and craft cocktail concepts including the WOO Bar and a second bar ... ( read original story ...)

Slammed Pandem Ford Raptor Drops at 2018 Tokyo Auto Salon

Save 83% Off the Newstand Price. Get 12 issues for 10 Dollars SUBSCRIBE TO THE MAGAZINE Automobile offers a rich and varied examination of the automotive universe in all its forms - delivered by our stable of first-class editors and freelance contributors ... ( read original story ...)

Saudi bourse ‘taking all measures’ for successful Aramco IPO

The IPO of the world’s largest oil exporter has drawn interest from international stock exchanges in New York, London, Hong Kong, Singapore, Tokyo and Toronto and even spurred US President Donald Trump and UK Prime Minister Theresa May to lobby for the ... ( read original story ...)

Weak earnings push Japanese regional banks toward crisis

TOKYO -- Japan's regional banks are under increasing scrutiny from the country's regulators as their earnings deteriorate due to the Bank of Japan's negative interest-rate policy and a declining population, even while local economic activity starts to pick up. ( read original story ...)

Aramco is said to seek $2bn from Japan’s export agency

Japanese lenders are jostling for position to arrange the loan as a way of getting closer to Aramco and potentially win a role in the IPO, two of the people said. Spokesmen at Aramco and the JBIC declined to comment. The UK government agreed to a $2 ... ( read original story ...)

Nikkei pauses after sharp gains; financial stocks rise

Index-heavy stocks such as chip equipment maker Tokyo Electron tumbled 1.7 per cent. TOKYO: Japan's Nikkei share average took a breather on Wednesday after sharp gains, with some index-heavy stocks losing ground after the index hit a 26-year high in the ... ( read original story ...)