Slow crisis stalks Japan’s overstuffed banking industry

The history of the ATM includes a footnote in Asia: a Japanese company supposedly developed the first cash machine in the mid-1960s. Japan’s record of remarkable innovation is not apparent, however, when you enter its high street banks. Most have hardly ... ( read original story ...)

Man flees after fatal knife attack at Yokohama housing complex

YOKOHAMA – One man is dead and two others, his wife and son, are injured after a knife attack early Thursday at a housing complex in Yokohama, police said. The male suspect fled the scene after attacking Koji Endo, 61, his wife, Kyoko, 61, and their son ... ( read original story ...)

Japan: Nikkei closes higher on bottom fishing

Japan share market finished higher in volatile trade on Wednesday, 20 June 2018, paring some of their plunge a day earlier, as investors chased for bottom fishing and a broader recovery in regional sentiment. However, market gain was limited as investors ... ( read original story ...)

Japan’s consumption tax should be raised to 15%: IMF official

TOKYO -- Japan needs to lift the consumption tax rate to 15% and reform its health care and pension systems to restore fiscal health as the nation's aging population spurs more social security spending, an International Monetary Fund official told Nikkei. ( read original story ...)

Nikkei rises in volatile trade helped by China stock gains

TOKYO (Reuters) - Japan’s Nikkei share average rose in volatile trade on Wednesday, helped by late short-covering following an earlier selloff and a broader recovery in regional sentiment as Chinese shares recovered from a rout in the previous session. ( read original story ...)

Japan JVs on track for B53 bn in condo launches

JAPANESE developers are increasingly drawn to the Thai property market, seeking out joint ventures with local real estate companies that could see at least Bt53.1 billion worth of condominium launches in the second half of this year, a survey by The Nation ... ( read original story ...)