Lower credit costs helped Mitsubishi UFJ and Mizuho post better than expected earnings. Thank government stimulus, not least for slowing bankruptcies. With the central bank able to offer just token ... ( read original story ...)
Dems to Meet Biden; Post-Coup Myanmar Vaccinations: Virus Update
Top Democrats from the U.S. House of Representatives will meet with President Joe Biden on Friday after the Senate backed a non-binding call to oppose stimulus checks for upper-income taxpayers. ( read original story ...)
Japan Households Cut Spending in December Before Emergency
Japan’s household spending edged down in December, falling for the first time in three months, before the spread of coronavirus forced the government to call another state of emergency early this year ... ( read original story ...)
Japan’s Kirin Cuts Ties With Myanmar Military-owned Firm
Japanese beer giant Kirin said Friday it is ending its joint venture with a military-owned conglomerate in Myanmar after a coup in the country. The arrest of democratic leaders including Aung San Suu ... ( read original story ...)
Boutique Waikiki hotel sells for $8M to Japan investors
The buyer, Pineland Co. Ltd. is a real estate investment organization in Osaka, Japan, and the Waikiki property is its first investment in Hawaii, according to Steve Sombrero, president and owner of ... ( read original story ...)
PREVIEW-SoftBank Q3 earnings recovery seen driven by IPO boom
SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer ... ( read original story ...)
Nikon to close two lens factories in Japan
Shrinkage of the camera market has led Nikon to suspend operations next month at two Japanese factories that produce interchangeable lenses for digital cameras. ( read original story ...)
Japan’s Households Cut Spending in December Before Emergency
Japan’s household spending edged down in December, falling for the first time in three months, before the spread of coronavirus forced the government to call another state of emergency early this year ... ( read original story ...)
Japan stocks poised to trade higher; video sharing app Kuaishou set to make Hong Kong debut
China's Kuaishou Technology is set to make its debut in Hong Kong on Friday, with shares priced at 115 Hong Kong dollars (about $14.83) apiece. ( read original story ...)
Junket accuses former boss of using company like a piggy bank
He reportedly used the company’s bank account to cover gambling trips to Macau between 2014 and 2016 and apparently wasn’t a very good gambler, as he lost everything. Not only did he waste $1.4 ... ( read original story ...)
Japan’s top lender MUFG swings to Q3 profit of $1.96 bln
Credit-related costs Y343.6 bln for nine months through Dec TOKYO, Feb 4 (Reuters) - Japan's top lender Mitsubishi UFJ Financial Group Inc 8306.T on Thursday posted a third-quarter net profit of 206.2 ... ( read original story ...)
Japan December Household Spending Falls 0.6% Year-On-Year
Japanese household spending fell 0.6% in December from a year earlier, government data showed on Friday, compared with economists' median estimate of a 2.4% decrease. To view the data on the website ... ( read original story ...)
Osaka governor’s loose benchmarks for demanding end to state of emergency spark outcry
Osaka Gov. Hirofumi Yoshimura is facing resistance from some of his own top bureaucrats over the prefecture's new benchmarks for demanding th ... ( read original story ...)
Tokyo Olympics chief urged to resign following sexist comments
He talked too much’ ... ( read original story ...)
Olympic torch unveiled 1 year before Beijing Winter Olympics as concerns linger over summer Tokyo Games
The torch for the 2022 Winter Olympics in Beijing has been unveiled -- one year before the opening ceremony and as Tokyo continues to prepare to host summer games postponed because of the pandemic. ( read original story ...)
How I created Japan-inspired zen in my seaside home
The interiors equivalent of a black-and-white ball, this monochrome living room could easily be found in a cool warehouse apartment in New York or London. In fact, it is the showpiece of an ... ( read original story ...)