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Category: BUSINESS

Posted on 23/06/2023

Japan regulator punishes two regional banks for ‘problematic’ risky bond sales

JAPAN’S Financial Services Agency (FSA) on Friday (Jun 23) said it had imposed business improvement orders on two regional banks for selling high-risk structured bonds without providing sufficient ... ( read original story ...)

Posted on 23/06/2023

Japan factory activity shrinks in June amid fall in output and new orders

The au Jibun Bank Japan Manufacturing PMI declined to 49.8 in June 2023 from a final 50.6 in May, which was the highest reading in seven months, a flash reading showed. It was the fifth contraction in ... ( read original story ...)

Posted on 23/06/2023

Japan’s Factory Activity Hampered by Weak Demand – PMI

TOKYO - Japan's manufacturing activity fell back into contraction in June and service sector growth slowed for the first time in seven months, surveys showed on Friday, as business confidence and ... ( read original story ...)

Posted on 23/06/2023

Asia markets set for mixed open; Japan inflation eases but stays above BOJ target

Asian markets are set for a mixed open after a Wall Street tech rally and investors are monitoring inflation data out of Japan and Singapore. ( read original story ...)

Posted on 23/06/2023

Japan’s Perspective on Command and Control Issues in the Japan-U.S. Alliance

Japan and the United States are strengthening security cooperation to manage multiple challenges in Asia. Isobe Koichi recommends ways to strengthen command and control structures, bilateral exercises ... ( read original story ...)

Posted on 22/06/2023

Japan raises view on employment in June for first time in 11 months

Japan's employment trends showed "improvement recently", the government said in its latest monthly assessment of the economy, noting a decline in the jobless rate and the positive impact of bigger ... ( read original story ...)

Posted on 22/06/2023

Japan’s Cosmo Wins Shareholder Nod for ‘Poison Pill’ Against Activist

Cosmo, Japan's third-biggest oil refiner and 20% owned by a group ... The group, which called for a spin-off of Cosmo's renewable energy business and a consolidation of refineries, has argued that ... ( read original story ...)

Posted on 22/06/2023

Japan will support Ukraine recovery with cumulative knowhow, FM Hayashi says

Japanese Foreign Minister Hayashi Yoshimasa says Japan will support Ukraine's reconstruction by using accumulated experience and knowledge following the devastation from World War Two and natural ... ( read original story ...)

Posted on 22/06/2023

Japan sees 1.9 mln visitors in May, down from cherry blossom rush

The number of foreign visitors for business and leisure came in just below 1.9 million last month from a post-pandemic high of 1.95 million in April, the Japan National Tourism Organisation (JNTO) ... ( read original story ...)

Posted on 21/06/2023

Money Mind – 5 reasons to look at investing in Japan again

Japanese stocks are trading at levels not seen in over three decades. So is it time to be bullish on Japan, and how can you invest in the world’s third biggest economy? Sona Remesh is joined by Edward ... ( read original story ...)

Posted on 21/06/2023

Jiro Ushio, former head of Japan’s major business lobby, dies at 92

TOKYO (Kyodo) -- Jiro Ushio, a former head of Japan's major business lobby and the founder of lighting equipment maker Ushio Inc., has died, the company said Wednesday. He was 92. Ushio, a former ... ( read original story ...)

Posted on 21/06/2023

Japan sees 1.9 million visitors in May, down from cherry blossom rush

Japan saw a slight decline in visitors in May from the previous month, when a rush of tourists came to see the nation's famous cherry blossoms without COVID-19 restrictions, official data showed on ... ( read original story ...)

Posted on 21/06/2023

Japan big manufacturers’ sentiment positive for 3rd consecutive month -Reuters tankan poll

Business morale at big Japanese manufacturers edged up in June, staying in positive territory for a second straight month and reflecting a post-COVID economic recovery though uncertainty remains high ... ( read original story ...)

Posted on 21/06/2023

Warren Buffett’s firm raises stakes in Japanese trading houses as Nikkei hot streak continues

Billionaire Warren Buffett's company increased its investments in five major Japanese trading houses for the second time this year to give Berkshire Hathaway control of 8.5% of each of those ... ( read original story ...)

Posted on 21/06/2023

Berkshire Hathaway’s holdings in five Japanese companies could go beyond 10%, Jefferies says

Jefferies said Berkshire's holdings in the five Japanese trading companies could go even beyond 10% in the future. ( read original story ...)

Posted on 21/06/2023

Warren Buffett’s firm ups stakes in Japanese trading houses as Nikkei hot streak continues

- Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb., May 7, 2018. Buffett's company has increased its investments in five major Japanese trading houses to ... ( read original story ...)

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