Yen Ticks Up as Tokyo Stock Opens Lower

Tokyo stocks opened lower Tuesday after three days of gains (Photo: AFP). Tokyo: Tokyo stocks opened lower Tuesday after three days of gains, weighed down by a firm yen and a cronyism scandal dogging Japan's premier. The benchmark Nikkei 225 index fell 0 ... ( read original story ...)

SC Global unveils first luxury resort residence in Japan

Luxury property developer SC Global Developments has unveiled its first luxury residence in Japan called Setsu Niseko. Located in the popular ski resort town of Niseko in Hokkaido, the condo hotel will feature 150 luxury apartments that range from studio ... ( read original story ...)

UK activist fund demands Tokyo broadcaster sells crossholdings

TOKYO -- London-based activist fund Asset Value Investors says ... Bauernfreund said that TBS behaved more like an amateur fund with a small broadcasting business. He pointed to the fact that roughly 40% of TBS' over 700 billion yen ($6.6 billion) of ... ( read original story ...)

Tokyo cops make 8th arrest in largest ‘dangerous drugs’ bust

TOKYO (TR) – Police have made an eighth arrest in the bust of a large operation that trafficked so-called “dangerous drugs,” reports Fuji News Network (Mar. 10). On June 8, 2016, an anti-organized crime division of the police seized 185 kilograms of ... ( read original story ...)

Tokyo shares gain for third straight session

Tokyo shares climbed Monday for a third straight session as global investors cheered healthy US jobs data, while the impact of a cronyism scandal dogging Japan’s premier appeared limited. The benchmark Nikkei 225 index rose 1.65 percent, or 354.83 points ... ( read original story ...)

Japan Bank Consortium looks to Ripple app mobile payments

The cryptocurrency has been attracting considerable financial sector attention and is set to explode. The Ripple app is taking the spotlight in front of the massive Japan Bank Consortium. The cryptocurrency has been drawing considerable global financial ... ( read original story ...)

Long-only Japanese investors scoop up Japan shares

TOKYO (Reuters) - Japanese retail investors bought about 1 trillion yen ($9.37 billion) of domestic stocks over the past six weeks as they saw bargain hunting opportunities after the recent sharp slide, helping to put a rough floor under the market. ( read original story ...)