A resort in Tokyo, Osaka or Yokohama could be built by 2022-23, Murren said, speaking to Reuters after a closed-door discussion with Japanese and international businesses on casino resorts. Beverage maker Suntory Holdings Ltd Chief Executive Takeshi ... ( read original story ...)
Japan’s JPX Sees October 2016 Trading Volumes Tick Lower
Japan Exchange Group (JPX), which operates multiple securities exchanges including Tokyo Stock Exchange and Osaka Securities Exchange, has reported its monthly trading volumes for October 2016, which took a step back, ultimately paring the last month ... ( read original story ...)
Nintendo cuts profit forecast as strong yen overwhelms Pokemon
OSAKA, Japan (Reuters) - Japanese videogames maker Nintendo Co cut its annual profit outlook by a third on Wednesday as a strong yen erodes income earned overseas and overwhelms an earnings bounce from its surprise hit smartphone game Pokemon GO. But the ... ( read original story ...)
Sharp Forecasts First Profit in Three Years After Slashing Costs
Operating profit will reach 25.7 billion yen ($245 million) in the 12 months ending March 2017, the Osaka-based company said in a statement on Tuesday. That compares with a 12.9 billion yen average of 10 analysts’ estimates compiled by Bloomberg. ( read original story ...)
Japanese Santur Player Returns Home From Iran With a Mission
For this purpose, Iwasaki, 27, is aiming at santur solo performance. He stayed in Iran for four years to expand what he had initially learnt of santur at Osaka College of Music. Before Iwasaki left Iran for Japan, ISNA conducted an interview (published on ... ( read original story ...)
Japan’s Negative Rates Prod Megabanks to Offshore Wind Loans
“Lending for overseas projects will continue so long as there’s no weakening of policies” to support clean energy, said Megumu Murakami, who studies climate change finance for the Japan Research Institute, a unit of Sumitomo Mitsui. “The banks have ... ( read original story ...)
Bank of Japan delays inflation timeline again
Japan's central bank on Tuesday pushed back its timeline for reaching a high-profile inflation target, in the latest acknowledgement that Tokyo's war on deflation is falling way below expectations. After a policy meeting, the Bank of Japan said it now ... ( read original story ...)
Japan factory output, retail sales flat in September
Japan's factory output and retail sales were flat last month, data showed on Monday, painting a bleak picture for the world's number three economy as the central bank kicks off a policy meeting. The lukewarm readings come on the heels of disappointing ... ( read original story ...)
Japan's MUFG launches aviation finance business in the Americas
Mitsubishi UFJ Financial Group Inc (8306.T) has launched a new business in the Americas to help airlines and other companies finance the purchase of planes, company executives told Reuters. The move highlights how large players in the aviation industry ... ( read original story ...)
Japan Sept industrial output stalls in worrying sign for economy
TOKYO (Reuters) - Japan's industrial output stalled in September in a worrying sign that the economy, already struggling to mount a sure-footed recovery, may be losing some momentum due to weak consumer spending and exports. Separate data showed retail ... ( read original story ...)
Japan life insurers look to diversify foreign bond holdings
Japan's life insurers have traditionally stuck to Japanese government bonds (JGBs), but they have diversified their portfolios over the past several years as domestic debt yields have declined sharply under central bank easing. Sticking to their game plans ... ( read original story ...)
Japan's Factory Output Unchanged in September
Oct. 31 -- Japan's industrial production remains unchanged in September, falling short of expectations and is the latest snapshot of Japan's economy as central bankers gather to discuss monetary policy. Bloomberg's Brian Fowler reports on "Bloomberg Markets." ( read original story ...)
Japan Airlines cuts outlook as H1 net profit dives
Japan Airlines on Monday slashed its full-year earnings outlook as it said fiscal first-half net profit nosedived owing to a slump in its international business. The carrier said its bottom line in the six months through September shrank to 71.4 billion ... ( read original story ...)
Mizuho Seeks to Challenge Nomura as Japan’s Top Equity Firm
Mizuho Financial Group Inc., the Japanese bank that added dozens of stock analysts and salesmen in the past year, is seeking to loosen Nomura Holdings Inc.’s grip on the nation’s potentially lucrative yet elusive retail brokerage business. Tokyo-based ... ( read original story ...)
Assessing the Recent Effectiveness of Japan’s Abenomics
Thus far, it has failed to dislodge the deflationary sentiment from the Japanese economic mind-set, although this has not been through a lack of trying. The Bank of Japan (BoJ) has sent interest rates into deep negative territory to encourage spending and ... ( read original story ...)
BIDV signs co-operation agreement with Japanese bank
This is the 26th Japanese bank with which BIDV has signed such a cooperation deal in this field. — Photo www.vietreader.com HA NOI (Biz Hub) — Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV) and Yachiyo Bank of Japan have ... ( read original story ...)