One of few surviving “radio towers” that were built before and during World War II has been gaining local attention in Nagoya, prompting residents to push for the important legacy to be preserved. The radio tower in Shiga Park in Kita Ward is one of ... ( read original story ...)
One Indonesian woman's road to a successful business In Japan
It was only when by chance she met with representatives from Globis, a business school based in Tokyo, at an MBA forum in Singapore that the road ahead started getting clearer. “The Globis MBA program fitted my lifestyle well — it was only for a year ... ( read original story ...)
Nikkei drops on strong yen, N.Korea missile launches; defense stocks rise
three of which landed in Japan's exclusive economic zone. The Nikkei share average fell 0.5 percent to 19,379.14 points. Defense-related stocks outperformed on speculation that North Korea's latest launch will spur more Japanese spending on arms. ( read original story ...)
Japanese, Vietnamese cooperation in finance, banking a successful marriage
Recently, Sumitomo Mitsui Trust Bank (SMTB)—the largest trust bank in Japan with total assets of $585.4 billion—has bought 49 per cent of BIDV Financial Leasing Company and renamed it BIDV-SuMi TRUST Leasing Limited Company. The joint venture took ... ( read original story ...)
What worries Japanese investors about India
A survey, carried out by the Japan Bank for International Cooperation recently, shows India occupies the number one position as the preferred Asian foreign market for Japanese investors. It has pipped both China and Thailand to occupy this position by 2016 ... ( read original story ...)
Chinese M&A to slow in 2017, says top banker, but the Japanese will pick up the slack
As the scale of Chinese outbound merger and acquisition activity declines this year, Japanese companies are likely to take up the slack, Hernan Cristerna, JP Morgan’s global co-head of M&A, told the South China Morning Post. Cristerna said tighter ... ( read original story ...)
Japanese Fintech Sector to See a Significant Boost in Revenues by 2021
The number of investments made by Japanese banking and investment firms in blockchain related startups is well known. SBI Holdings, MUFJ, Mizuho Financial Group and others have invested in some of the leading cryptocurrency technology companies in the country. ( read original story ...)
Japan’s Deflation Problem despite a Low Interest Rate Environment
In the last two decades, Japan’s central bank has revisited its economic policies in an effort to revive its sagging economy (EWJ) (DXJ). The country’s central bank had been using the unconventional strategy of implementing negative interest rates to ... ( read original story ...)
DIARY-Top Economic Events to April 27
TOKYO - Bank of Japan starts its two-day monetary policy meeting (to March 16). THURSDAY, MARCH 16 LONDON - Bank of England rate decision and publication of its meeting minutes. BERN - Swiss National Bank monetary policy assessment. OSLO - Norway Central ... ( read original story ...)
Man suspected in murder of elderly Nagoya couple surrenders to police
AICHI (TR) – Aichi Prefectural Police have arrested a 42-year-old man in the killing of an elderly couple in their residence in Nagoya last week, reports TBS News (Mar. 6). On Saturday evening, Hiroshi Matsui surrendered to police over the killing of ... ( read original story ...)
2011 Japan Earthquake – Tsunami Fast Facts
(CNN) -- Here's a look at the earthquake and tsunami that struck Japan in March of 2011. March 11, 2011 - At 2:46 p.m., a 9.1 magnitude earthquake takes place 231 miles northeast of Tokyo at a depth of 15.2 miles. The earthquake causes a tsunami with 30 ... ( read original story ...)
Earthquake Smarts
We’re practicing disaster vocabulary midway through an English-language workshop on earthquake preparedness. After some repetition and a lively game of karuta (a Japanese card game) to reinforce the vocab, even the non-Japanese speakers among us are able ... ( read original story ...)
China trims 2017 growth target, warns against trade controls
“We must be fully alert to the buildup of risks related to non-performing assets, bond defaults, shadow banking and Internet finance,” said Li. Banking and securities regulators already have said their priority this year is reducing risk and watching ... ( read original story ...)
BoJ: Blockchain Could Come Under Dark Cloud Amid DAO Hack
The Bank of Japan’s director has said that it’s important to constantly engage in taking measures against threats made to the blockchain or else it could impact the technology’s credibility and hinder its development. Speaking at the third meeting of ... ( read original story ...)
Kasikorn Bank becomes first to handle transactions in all ASEAN+3 currencies
Kasikorn Bank Vice President Silawat Santiwisad pointed out that trade between Thailand and the ASEAN+3 group, which includes China, Japan and South Korea totaled up to 66 trillion baht last year. The figure has prompted the bank to develop a system ... ( read original story ...)
Yellen provides cover for Draghi and Kuroda to reduce monetary stimulus
Mario Draghi, head of the European Central Bank, is facing huge pressure from Germany's powerful Bundesbank, to start raising its key deposit rate – which sits at an emergency low of minus 0.4 per cent. Similarly, Japanese banks and insurance companies ... ( read original story ...)