TOKYO -- Japan Post Bank and Japan Post Insurance intend to establish an investment management company in February, aiming to channel money into startups from a 100 billion yen ($916 million) fund. The two Japan Post Holdings group companies are seeking ... ( read original story ...)
Japan’s vow to enforce North Korea sanctions more bark than bite
TOKYO -- As enforcement of U.N. sanctions against North Korea tightens, Japan is bumping up against constitutional restrictions on what its Maritime Self-Defense Force ships are allowed to do during peacetime. On Jan. 20, Taiwanese authorities said they ... ( read original story ...)
Japan’s job availability highest since 1974
TOKYO -- Japan's labor shortage shows no signs of abating, as data released Tuesday by the labor ministry showed job availability rising to a 44-year high. The ratio of jobs to job-seekers climbed again in December to 1.59 from 1.56 in November ... ( read original story ...)
Japan’s Nomura bolsters its U.S. investment banking team
TOKYO (Reuters) - Japan's Nomura Holdings Inc has beefed up its U.S. investment banking team as the brokerage and investment banking group looks to grab a bigger share of fees in the world's biggest economy. Nomura said in a statement late on Monday it had ... ( read original story ...)
Japan to offer one-stop e-filing for businesses
TOKYO -- The Japanese government aims to slash the hours that companies spend on tax and other filings by more than a fifth through consolidating various government e-filing platforms. Under the new system, due to be introduced around 2020, such common ... ( read original story ...)
Japan Inc. and the peril of inbred management
Japan's corporate governance and stewardship codes, introduced less than four years ago, represented nothing less than a call to redesign Japanese capitalism. On the surface, the resulting pace of transformation has been lightning fast. The regulators and ... ( read original story ...)
Japan Seeks to Clean Up Cryptocurrency Markets After $530 Million Coincheck Heist
Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record ... ( read original story ...)
Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft
Story Continues Japan's top financial diplomat said regulation of cryptocurrencies would likely be on the agenda at the G20 finance chiefs' meeting in Argentina in March. South Korea will this week ban cryptocurrency traders from using anonymous bank ... ( read original story ...)
Tokyo stocks open higher as focus shifts to earnings
Tokyo stocks opened higher on Monday as investor focus began shifting to Japanese corporate earnings due in coming days. The benchmark Nikkei 225 index edged up 0.30 percent, or 70.99 points, to 23,702.87 in early trade while the broader Topix index was up ... ( read original story ...)
Japan Exchange struggles to compete with global rivals
Fewer than 10 foreign companies are listed on the bourse today, and Japan Exchange's market capitalization is only about one quarter as large as its counterpart in Hong Kong. In the IPO market, the biggest prize on the horizon is the planned flotation of ... ( read original story ...)
Japan’s Central Bank Sees No Need to Mint a Digital Currency
Bitcoin is being traded for speculation, BOJ’s Kawai says Cash is still king in Japan, and that means that the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. ( read original story ...)
BANK OF JAPAN : DBRS Confirms Japan at A, Trend Changed to Positive
DBRS Inc. has confirmed Japan's Long-Term Foreign and Local Currency - Issuer Ratings at A. The Short-Term Foreign and Local Currency - Issuer Ratings have been confirmed at R-1 (low). The trend on all ratings has been changed to Positive from Stable. ( read original story ...)
Hacked Japan cryptocurrency platform hit with improvement order
Japan has taken a relatively light-touch approach to regulating ... Ceres, which invests in cryptocurrency companies, finished the morning up 5%. Nikkei Inc. group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Hacked Japanese cryptocurrency exchange faces action by watchdog
Japan has taken a relatively light-touch approach to regulating cryptocurrency activity compared with China, which has clamped down after an early surge in trading. Nikkei Inc. group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Japanese don’t need digital currency as they love cash, BOJ says
Cash is still king in Japan, and that means that the central bank doesn’t see a need to mint a digital currency for now, according to the head of the FinTech Center at the Bank of Japan. “We aren’t at the stage of considering issuing a digital ... ( read original story ...)
China and Japan still groping their way to rapprochement
BEIJING -- Sunday's meeting here between the Japanese and Chinese foreign ministers showed that while both sides talk about wanting better relations, each seems to be waiting for the other to make the first move, particularly on sensitive territorial matters. ( read original story ...)