The Nikkei 225 opened lower Friday and did not recover, finishing down 1.6% as a stronger yen undercut export issues and the broader exchange. The Japanese yen traded at near 134 to the US dollar, up ... ( read original story ...)
Up, down, up again: Japan’s soccer-related stocks mirror Samurai Blue’s performance
Japanese shares of soccer-related companies had a good day on Friday as they mirrored the national team's roller-coaster performance at the World Cup where the "Samurai Blue" delivered another ... ( read original story ...)
Japan’s SMFG to pour $1.5bn into helping companies turn around
Sumitomo Mitsui Financial Group will pour roughly 200 billion yen ($1.5 billion) within a couple of years into helping struggling companies turn around, Nikkei has learned. SMFG subsidiary SMBC ... ( read original story ...)
Tokyo shares close lower ahead of US jobs data
TOKYO: Tokyo stocks closed lower on Friday, trailing losses on Wall Street as investors awaited the release of US employment data. The benchmark Nikkei 225 index fell 1.59 percent, or 448.18 points, ... ( read original story ...)
Japan’s largest labor union to call for 5% pay hike, highest in 28 yrs
The Japan Business Federation, the country's biggest business lobby known as Keidanren, is considering urging their member companies, consisting of many major firms, to increase wages. But it remains ... ( read original story ...)
MP tied to key Osaka party bids Japan nod local IR this year
An Osaka MP who heads the Japan Innovation Party – linked to the Osaka Restoration Association, that conurbation’s lead political grouping – has called on the country’s go ... ( read original story ...)
Why Japan finds it so hard to digitally transform
The nation’s leaders are battling to change a static workplace culture that's still in love with fax machines and floppy disks ... ( read original story ...)
Tokyo: Nikkei snaps 4-day rally after Wall Street slump
JAPAN’S Nikkei index snapped a 4-session rally on Wednesday (Jun 29), dragged down by heavyweight technology stocks after Wall Street fell sharply overnight on fears of an economic slowdown. Read more ... ( read original story ...)
Japan starts power saving period amid fear of supply crunch
An electricity saving period has begun in Japan, with the government asking people to bundle up indoors and set the heating temperature low, among other steps, for the winter season through March due ... ( read original story ...)
Where’s Jack Ma? Alibaba founder discovered living in Tokyo since China’s tech crackdown
Jack Ma, the Alibaba Group Holding Ltd. founder and once the richest business leader in China, has been living in central Tokyo for almost six months, amid Beijing’s continuing crackdown on the ... ( read original story ...)
Japan factory output falls for second month
Japan’s factory output fell for a second consecutive month in October, as stalling global demand and lingering supply bottlenecks put a lid on Japanese manufacturers’ production plans. ( read original story ...)
Japan held off from forex market intervention in Nov – ministry
Japan stayed away from intervening in the currency market in Nonvember for the first time in three months, the finance ministry said on Wednesday, as speculation grows for the U.S. Federal Reserve to ... ( read original story ...)
Japan’s Mitsui O.S.K. to invest $2.9bn in real estate business
Japan's Mitsui O.S.K. Lines will invest 400 billion yen ($2.9 billion) in its real estate business over five years starting 2023, Nikkei has learned. Led by Daibiru Corp., its wholly owned subsidiary ... ( read original story ...)
Bitcoin Gone Bust? This Is How These Celebs Lost Big In Crypto Investing
Cryptocurrecy has long been touted as the future of capital, but it looks like it's losing luster (and value). ( read original story ...)
What is the latest court hearing on same-sex marriage in Japan
Eight people had appealed in the court saying the ban on same-sex marriage infringed upon their human rights, demanding damages of 1 million yen ($7,200) each. The court said on Wednesday that Japan’s ... ( read original story ...)
Tokyo hopes new subway line will boost global competitiveness
The new Tokyo metropolitan government intends to use the new subway line to spur the redevelopment of the city’s waterfront area following the Tokyo Games. ( read original story ...)