The ERP solution is deployed across all business units of Tokyo Cement including the main cement manufacturing plant located in Trincomalee, the ready-mix concrete manufacturing plant network, bulk cement import operations terminal and biomass power ... ( read original story ...)
Light earthquake: M4.6 quake has struck near Hasaki in Japan
A light earthquake magnitude 4.6 (ml/mb) strikes 7 kilometers (4 miles) from Hasaki in Japan on Tuesday. A tsunami warning has not been issued (Does not indicate if a tsunami actually did or will exist). The temblor was picked up at 21:55:38 / 9:55 pm ... ( read original story ...)
TOKYO | As summit looms, North Korean media return to angry tone
TOKYO — North Korean media stepped up their rhetorical attacks ... of the U.S. and ‘result of sustained pressure,'” said another, by the official KCNA news agency. “It seriously chills the atmosphere of the DPRK-U.S. dialogue and is of no help ... ( read original story ...)
Tokyo stocks close slightly lower as investors secure profits
TOKYO, May 22 (Xinhua) -- Tokyo stocks closed marginally lower Tuesday as investors opted to secure profits following the benchmark Nikkei stock index's three-day winning streak. The 225-issue Nikkei Stock Average lost 42.03 points, or 0.18 percent, from ... ( read original story ...)
College football player in Japan bows in shame over tackle
TOKYO -- A college football player in Japan has apologized for intentionally injuring the quarterback of an opposing team with a late tackle , an incident that has riveted the country for several weeks. In a news conference shown live on television across ... ( read original story ...)
Japan’s Biggest Bank to Carry Large-Scale Trial of Cryptocurrency ‘MUFG Coin’
The banking arm of the Mitsubishi UFJ Financial Group’s (MUFG), the Bank of Tokyo-Mitsubishi UFJ, is reportedly planning to trial its in-house cryptocurrency in 2019 following years of development. As Japan’s largest bank, MUFG could become the world ... ( read original story ...)
Japan Post Bank picks up stocks as yen risks seen subdued: CIO
TOKYO (Reuters) - Japan Post Bank has been buying local stocks since February’s major correction in global share prices, its chief investment officer said on Tuesday, as the risk of a spike in the yen, which would hurt stock valuations, is seen as limited. ( read original story ...)
Bank of Japan signals rethink on buying ETFs
"The BOJ could have started stealth tapering. Or it could be just slowing down the pace after it bought too much in February and March," said Shingo Ide, a strategist at NLI Research Institute. Noriko Hayashi The question of when the Bank of Japan should ... ( read original story ...)
Japan Post Bank buying Japanese stocks since market correction in Feb
TOKYO, May 22 (Reuters) - Japan Post Bank has been buying Japanese stocks since a major correction in global share prices in February, starting “in-house” active management, Katsunori Sago, the bank’s chief investment officer said on Tuesday. ( read original story ...)
Japan’s Largest Bank and Cloud Delivery Giant Akamai Announce Blockchain Payment Network
The Mitsubishi UFJ Financial Group (MUFG) has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21. Akamai, a Massachusetts-based firm ... ( read original story ...)
Bank of Japan wins approval for dropping its inflation target time frame
TOKYO (Reuters) - The Bank of Japan on Monday won approval from influential members of the government's leading advisory panel for its decision to abandon the time frame it had set for meeting its inflation target. Prime Minister Shinzo Abe also expressed ... ( read original story ...)
Banks in Japan aim to hold on to savings of dead clients
a manager at Mie Bank in western Japan. It plans to start selling such trusts in July in partnership with Mizuho Financial Group Inc., the nation’s third-largest banking group. Banks began offering such trusts about a decade ago, and more than 150,000 ... ( read original story ...)
Bank of Japan : Accounts (May 20)
Pecuniary trusts (index-linked exchange-traded funds held as trust property) 5 19,657,773,241 Pecuniary trusts (Japan real estate investment trusts held as trust property) 6 473,442,530 ( read original story ...)
Uber pulls up in Japan with taxi-hailing service
Earlier this year, Uber CEO Dara Khosrowshahi told investors that Uber must change the way it does business in Japan, adding that it would focus on partnerships with taxi companies. Amid the global rise of ride-hailing services and other next-generation ... ( read original story ...)
Japan Airlines to enter agricultural business with farms aimed at tourists
NARITA, CHIBA PREF. – Japan Airlines Corp. says it will launch an agricultural business. The airline plans to run farms offering experience-based programs near Narita International Airport in Chiba Prefecture and sell agricultural products under the JAL ... ( read original story ...)
TOKYO | Sony invests in image sensors, acquires more of EMI Music
TOKYO — Electronics and entertainment company Sony Corp. said Tuesday it plans to invest 1 trillion yen ($9 billion) mostly in image sensors over the next three years, under a revamped strategy to strengthen both hardware and creative content. Sony also ... ( read original story ...)