In commemoration of the sixth anniversary of the Great East Japan Earthquake and Tsunami of 2011, the Osaka Committee of Chicago Sister Cities International, the Consulate-General of Japan in Chicago, the Japan America Society of Chicago, Japanese Chamber ... ( read original story ...)
Yokohama Is Celebrating 100 Years in Business in 2017
Yokohama Rubber Co., Ltd. (YRC) opened for business with one facility and began producing rubber-based products such as belts, hoses and tires in 1917. One hundred years later, Yokohama has evolved into a major $6 billion global brand, manufacturing ... ( read original story ...)
Tokyo 2020 seen having $284 bn economic impact
The 2020 Tokyo Olympics are expected to give an overall 32.3 trillion yen ($284 billion) boost to the Japanese economy, according to the Tokyo city government. Euphoria surrounded the award of the Games to Tokyo in 2013 but scandals and cost overruns have ... ( read original story ...)
Nikkei edges down, N.Korea tensions deter investors
TOKYO, March 7 Japan's Nikkei share average edged down on Tuesday morning, following Wall Street's lead, with investors deterred by geopolitical tensions after the North Korean missile tests, though the dollar-yen stayed in a well-worn range. The Nikkei ... ( read original story ...)
Calls For The Bank Of Japan To Reverse Course Will Kill The Carry Trade
Bank of Japan is holding 10-year government bonds near zero. Current calls are for that program to stop. The JPY would sail through the roof if that happened, killing company competitiveness. The Bank of Japan has not been able to prop up its economy nor ... ( read original story ...)
Japanese, Singaporean banks finance controversial Indonesian coal plant
The financial close for the Tanjung Jati B coal-fired power plant expansion was announced on Feb. 27 by the Japan Bank for International Cooperation. Funding will be provided by eight Japanese and Singaporean banks. The $3.36 billion loan will finance the ... ( read original story ...)
BOJ's Masai: Big yen swings cause of concern for Japan
TOKYO Bank of Japan board member Takako Masai said large swings in exchange rates can be a concern for Japan's economy as it could hurt business sentiment, according to a text of her speech released by the central bank on Tuesday. The yen's volatility seen ... ( read original story ...)
Japanese funds call for higher yields as central bank stifles returns
Men walk towards the Bank of Japan building in Tokyo. The Japanese central bank’s policy of capping borrowing costs has come under increasing pressure as stronger US economic growth and signs of inflation globally have pushed up bond yields around the world. ( read original story ...)
Tokyo shares open lower on global political uncertainties
Tokyo shares opened lower on Tuesday with investors spooked ... Toyota shares fell 0.25 percent to 6,431 yen while bank Sumitomo Mitsui Financial Group was off 0.60 percent at 4,431 yen. Nintendo shares rose 1.36 percent to 24,570 yen after reports of ... ( read original story ...)
Japan's REITs Market Losing Steam
Mar.06 -- Neil Slater, Japan chief executive officer at Standard Life Investments, discusses the Japanese REIT market, the impact of the BOJ's REIT purchases on markets and his outlook for the economy. He speaks to Bloomberg's Shery Ahn on "Bloomberg ... ( read original story ...)
Astro Japan Property : Response to commentary on Lone Star proposal
The Board of Astro Japan Property Group (AJA) refers to press commentary in relation to a proposal to acquire all of the Japanese real estate assets of AJA. The Board and its asset manager regularly assess Astro's portfolio and value maximization ... ( read original story ...)
Astro Japan owners wait for an explanation
What's wrong with an all-cash takeover offer at a near 30 per cent premium to the last close? That's the question on Astro Japan Property Group securityholders' minds on Tuesday morning, as they digest news that their company had rejected a $970 million ... ( read original story ...)
Astro Japan pushes off Lone Star, again
Locally listed Astro Japan Property Group has fended off a second approach from private equity player Lone Star Funds to buy out its near $1 billion real estate portfolio. Astro refused to allow an affiliate of Lone Star Fund V access to due diligence ... ( read original story ...)
BRIEF-Astro Japan Property Group response to Lone Star proposal
* Refers to press commentary in relation to a proposal to acquire all of japanese real estate assets of aja * Board did not consider that initial proposal would deliver acceptable value for aja securityholders * Board determined not to grant due diligence ... ( read original story ...)
Japan’s shortage of hotel rooms offers US$100m window of opportunity for Hong Kong asset manager
“Japan has a large number of repeat travellers from greater ... double the size of a normal hotel room. Property prices in Tokyo largely haven’t changed in 30 years, even though they have rebounded over the past two years. The market is still much ... ( read original story ...)
The main feature of the Japan Content Catalog is that it
In addition to providing general information on a wide range of Japanese intellectual property across various genres of creative content, it also provides users with information on which copyright holders contact to obtain commercial usage rights. ( read original story ...)