Tokyo Electric Power Co. Holdings Inc., an old guard in the ... and intensified competition from a liberalized power retail market have put the nuclear power business at a disadvantage. Tomoaki Kobayakawa, 54, who became TEPCO president in June last ... ( read original story ...)
Japan business mood improves, signals return to growth – Reuters Tankan
TOKYO (Reuters) - Confidence among Japanese manufacturers improved in May for the first time in four months while service-sector sentiment hit a record high, the Reuters Tankan poll showed, suggesting the economy may return to growth after a first-quarter ... ( read original story ...)
Conrad Osaka Marks its 1st Anniversary and Invites Guests to “Celebrate with Us”
All guests will receive a limited edition Conrad Bear collectible in celebration of the special occasion OSAKA, Japan, May 24, 2018 /PRNewswire/ -- Conrad Osaka (3-2-4 Nakanoshima, Kita Ward, Osaka City; GM: Karan Singh) is proud to announce the ... ( read original story ...)
Tokyo lures in overseas hedge funds and fintech
TOKYO -- Hedge funds and financial technology groups are busy expanding to Japan, lured in recent months by the vast wealth waiting to be unlocked and a landscape more welcoming to fund managers and innovators. Hong Kong hedge fund Argyle Street Management ... ( read original story ...)
SMBC is the first Japanese bank to rethink coal financing policy
Japanese bank SMBC is to reconsider its prolific funding of coal-fired plants, the first of the nation’s major banks to do so. Speaking on an earnings briefing this week, the president of Sumitomo Mitsui Financial Group, SMBC’s parent company, said ... ( read original story ...)
1 Million Transactions/Sec: Japan’s Largest Bank Plans Blockchain Payments in 2020
MUFG, Japan’s biggest bank, has announced plans to launch a ‘hyper-scale’ blockchain payments network to be co-developed with cloud delivery giant Akamai for faster, cheaper payments. In an announcement [PDF] on Monday, the Mitsubishi UFJ Financial ... ( read original story ...)
How the BOJ Crushed Trading in Japan’s $10 Trillion Bond Market
When Tadashi Kikugawa arrived on the Japanese bond desk at Fuji Bank in 1988 after finishing a college degree in physics, he had to get to grips with a market with “huge” fluctuations. Trades worth $1 billion in one shot weren’t unusual, he says ... ( read original story ...)
Japan’s Biggest Bank to Roll out Blockchain Payment System by 2020
The banking arm of Japanese financial institution Mitsubishi UFJ Financial Group MUFG and cloud service provider Akamai Technologies are developing a new blockchain service to create what they claim will be the world’s most scalable and fastest payment ... ( read original story ...)
AP Explains: American football’s niche following in Japan
TOKYO – Japan has been absorbed for several weeks by a late hit during ... by many who know almost nothing about the American sport. In a nationally televised news conference on Tuesday, linebacker Taisuke Miyagawa bowed deeply and apologized for the ... ( read original story ...)
AP Explains: American football with niche following in Japan
TOKYO (AP) -- Japan has been absorbed for several weeks by a late hit ... by many who know almost nothing about the American sport. In a nationally televised news conference on Tuesday, linebacker Taisuke Miyagawa bowed deeply and apologized for the ... ( read original story ...)
Earthquake, Tsunami, Dead Schoolchildren: A Lesson for BC
Richard Lloyd Parry’s exploration of Japan’s 2011 earthquake and tsunami — and the aftermath — offers a warning for British Columbians. Photo from DVIDSHUB, Creative Commons licensed. Ghosts of the Tsunami Richard Lloyd Parry Jonathan Cape (2017 ... ( read original story ...)
Tennis: Osaka on the climb, aiming high in Paris
LONDON (Reuters) - Naomi Osaka was ‘freaking out’ when she bumped into Spider-Man actor Tom Holland in a Tokyo hotel gym recently but while still admittedly starstruck off the court, the 20-year-old is no shrinking violet on it. The Florida-based ... ( read original story ...)
Bust reflects Tokyo’s boom in ‘granny hookers’
TOKYO (TR) – Last week, Tokyo police announced the bust of a so-called “delivery health” out-call business in the Uguisudani area of Taito Ward. On April 16, Yumiko Ono, the 70-year-old manager of Teiai Tsukutsuku, allegedly dispatched a prostitute ... ( read original story ...)
Turning Japan’s cultural barriers into a startup gold mine
TOKYO -- Where many see insurmountable hurdles in Japan's falling population, rigid business practices and language barrier, some see opportunity. The number of Japan-based tech startups has been on the rise since 2010, shadowing the advance of ... ( read original story ...)
The Tragic Case Of Bank Of Japan’s Aborted Anti-Deflation Policy
In this post I want to talk about one of the real tragedies of monetary policy and inflation: Japan. The tragedy is that the mystery of the deflation in Japan is no mystery at all. The cure also was no mystery. So the tragedy is that these were both ... ( read original story ...)
Central Banking Tragedy: The Case Of Japan
Today I want to talk about one of the real tragedies of monetary policy and inflation: Japan. The tragedy is that the mystery of the deflation in Japan is no mystery at all. The cure also was no mystery. So the tragedy is that these were both treated as ... ( read original story ...)