TOKYO: Tokyo stocks fell Monday as a stronger yen discouraged investors who are already cautious ahead of US President Donald Trump's policy speech to Congress. Markets are keen to see details of Trump's spending plans as well as proposals for tax reform ... ( read original story ...)
Record budget for Japan
Japan's House of Representatives approved Monday a record 97.45 trillion yen ($870 billion) draft budget for fiscal 2017 to finance ballooning social security costs and enhance its defence capabilities. The initial budget for the year starting in April ... ( read original story ...)
Osaka group lodges problem gambling bill to boost Japan IR chances
The Osaka-centric Nippon Ishin no Kai party is hoping that a cooperation with the ruling Liberal Democratic Party will boost the city’s chances of being picked for one of the casino resort licenses, the Japan Times reported. “The Nippon Ishin bill sets ... ( read original story ...)
Warehouse TERRADA Announces “minikura” Cloud Storage Service
TOKYO--(BUSINESS WIRE)--Warehouse TERRADA (Shinagawa, Tokyo / CEO: Yoshihisa Nakano) announces that we will begin offering its “minikura” cloud storage system, where any user can have his/her own warehouse, one box at a time, to users outside of Japan. ( read original story ...)
Japan Unleashes Its Inner Slacker: Leave Work Early (Once a Month)
TOKYO—Friday was a strange day for the head of Japan’s most important business group. Sadayuki Sakakibara, chairman of the Japan Business Federation, left the office at two in the afternoon, donned a plum-colored sport jacket and headed out to a ... ( read original story ...)
Workers in Japan encouraged to leave work at 3pm every last Friday of the month
Japan’s government is urging employees to leave the office early every last Friday of the month, hoping to crackdown on a culture of workaholics while providing a shot in the arm for the economy. The Premium Friday campaign, which launched this week ... ( read original story ...)
Jury still out on 'Premium Friday' catching on in Japan
Sadayuki Sakakibara, chairman of Keidanran (Japan Business Federation), went shopping for a necktie with his wife. The only killjoy on the horizon was an estimate by SMBC Nikko Securities Inc. that threw cold water on government plans to have Premium ... ( read original story ...)
Japan's coffee shop leader heads to China
TOKYO -- Japan's leading coffee shop operator will take its low-price ... Doutor Nichires Holdings will partner with restaurant group Xiao Nan Guo, whose business includes high-end Chinese dining. Xiao Nan Guo had flourished on lavish official meals ... ( read original story ...)
Engel’s food gauge hit 29-year high in 2016, signalling drop in Japanese wealth
Engel’s coefficient, or the portion of household income spent on food, hit a 29-year high in Japan last year, partly reflecting changes in the nation’s social structure, an internal affairs ministry survey revealed. Before setting the record ... ( read original story ...)
Japan in bid to fight scourge of overtime – but it's hard work
Sadayuki Sakakibara, chairman of the Japan Business Federation corporate lobby, said he was in principle in favour of setting limits on work hours but the global competitiveness of Japanese companies could be at risk if limits were too strict. However ... ( read original story ...)
China, US and Japan top borrowers as global official debt hits new record high
S&P projects a rise to US$44.3 trillion at projected market exchange rates. The United States at US$2.2 trillion and Japan at over US$1.8 trillion, will again be the most prolific borrowers this year, accounting for 60 per cent of the total, followed by ... ( read original story ...)
Japan's trade mission: Get through to Trump
TOKYO -- Japan's automakers and their pro-business government are flustered by the trade policies of President Donald Trump, but they're apparently hopeful the tension can be defused with something as simple as a conversation on the golf course. ( read original story ...)
Tokyo futures prices after evening session February 24
Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Feb 2017. Contract Day Volume Evening Volume 17-Mar 302.1 22 300.1 1 17-Apr 289.3 149 291.3 23 17-May 283.9 172 287.6 62 17-Jun 275.5 706 279.5 136 17-Jul 269 ... ( read original story ...)
'Quake Mystic' Who Predicted Japan Earthquake Issues 'Major Earthquake Warning,' Planetary Alignments To Blame?
The word prediction brings in a feeling of fear and excitement at the same time. Frank Hoogerbeets a self-proclaimed earthquake predictor or "quake mystic" as he is popularly known, has forecasted that the world will be experiencing massive earthquake from ... ( read original story ...)
Japan starts weekend early to improve work-life balance
TOKYO – It was not business as usual for some workers in Japan on Friday. As the clock reached 3 p.m., about 100 office workers raised champagne glasses in a cafe in the middle of Tokyo’s central business district to toast “Premium Friday,” a new ... ( read original story ...)
Tokyo futures set to slip for eighth session after Shanghai drop
TOKYO, Feb 24 (Reuters) - Benchmark TOCOM rubber futures were set to slip for an eighth consecutive session on Friday, hitting a 7-week low following an overnight drop in Shanghai futures. The Tokyo contract was on track for a weekly loss of about 11 ... ( read original story ...)