Japanese Prime Minister Shinzo Abe just made life a lot harder for Haruhiko Kuroda or whoever succeeds him as Bank of Japan governor. Whether Abe gives Kuroda a second term or not, the premier's planned consumption tax hike fights the central bank's ... ( read original story ...)
Meralco keen on LNG project
It was then exploring a possible partnership with Osaka Gas Co. Ltd. of Japan ... The PNOC could tap the International Finance Corp., a member of the World Bank Group, for the conduct of a feasibility study. ( read original story ...)
European auto engineering companies setting up shop in Japan
TOKYO -- Austrian and German automotive engineering service companies are establishing bases in Japan, looking to tap an expected increase in demand for outsourcing from Japanese automakers. In Europe, it is already common for automakers to subcontract ... ( read original story ...)
With two Japanese cryptocurrencies coming, ATMs may be on the way out
Hirano was speaking at Fin/Sum Week 2017, organized by The Nikkei and the Fintech Association of Japan. MUFG hopes to gain support for its cryptocurrency from other banks. There may be a problem there, though. Mizuho Financial Group, a collection of ... ( read original story ...)
Japan’s Finance Regulator Issues Licenses for 11 Bitcoin Exchanges
Japan's Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbors which are tightening their grip on virtual money. Passed in April, the new law ... ( read original story ...)
Macau casino scion rolls dice on Japan venture
Casino magnate Lawrence Ho -- son of Macau gaming legend Stanley Ho -- is eyeing a major foray into Japan as he seeks to broaden his family's reach beyond the world's biggest gambling hub. His father was credited with transforming Macau from a sleepy ... ( read original story ...)
Will Honda Sports EV put modern spin on automaker’s heritage at Tokyo show?
It sounds like the unofficial theme of this year’s Tokyo Auto Show will be performance. Honda is one of the event’s headlining acts, and it’s bringing a brand-new concept car that puts a modern spin on its storied past. The Honda Sports EV Concept ... ( read original story ...)
Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges
Tokyo: Japan's Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbours which are tightening their grip on virtual money. The Japanese ... ( read original story ...)
BRIEF-Tokyo TY Financial Group says establishment of Tokyo-based unit
* Says the new unit will be mainly engaged in business which is able to improve the convenience for bank users through technologies * Says the new unit will be capitalized at 50 million yen ( read original story ...)
Japan tries light touch in bringing cryptocurrencies out of regulatory limbo
TOKYO -- Japan has officially registered its first 11 exchanges for ... Tokyo has sought to create a safety net for users venturing into this emerging field of finance, hitherto free from the kind of industrywide rules binding other areas like banking ... ( read original story ...)
Lexus LC 500 review: German soul in the heart of Japan
Yokohama, Japan sits more than 5,500 miles to the east of Berlin, but locals need only look to the district of Motomachi to feel as though they’ve been whisked away to Germany. There, in the same Toyota plant that produced the fabled Lexus LFA seven ... ( read original story ...)
Asian fintech IPOs get investors fired up
TOKYO -- A pair of Asian fintech startups made big splashes ... The roughly 2.8 billion yen raised in the IPO will go toward advertising, investment in subsidiaries and other needs. Menmers of ZhongAn Online P & C Insurance pose for the photo session ... ( read original story ...)
Overseas tourists bring more traffic accidents to Japan
15, 45 days earlier than last year, according to the Japan Tourism Agency. Meanwhile, renting cars is expected to become even more popular among tourists. To ensure better experiences, they will need better guidance -- and to drive safely. Nikkei staff ... ( read original story ...)
Sushi groups merge to capitalise on Japan’s cheap dining trend
Both the Sushiro IPO and the merger, say bankers and other advisers involved in Japanese dealmaking, point to broader acceptance in the country about the use of private equity groups to restructure businesses and push consolidation in fragmented industries. ( read original story ...)
Bain is said to aim for Toshiba chip IPO as soon as 2020
The Bain group also plans to institute a stock option program at the memory business so employees will have an opportunity to profit in any IPO, they said ... Apple Inc., Dell Inc., SK Hynix Inc. and Japan’s Hoya Corp., while Toshiba itself will maintain ... ( read original story ...)
Japan’s snap election: what is behind Abe’s move?
That gentleman is also the leader of the Osaka branch of Nippon Kaigi - a reactionary ... as reported by the Japanese Finance Ministry. As the scandal unfolded, local officials became keener to talk, and soon Abe’s personal involvement in Moritomo ... ( read original story ...)