Japan disaster minister to resign over quake gaffe: reports

Japan's disaster reconstruction minister is expected to resign on Wednesday following his controversial remarks over the 2011 earthquake and tsunami, in a setback for Prime Minister Shinzo Abe, local media reported. Masahiro Imamura plans to submit his ... ( read original story ...)

Japan keeps making inroads into global Islamic finance

Private sukuk issuances by Japanese financial companies up to 2014. Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank joined with multimillion murabaha facilities in cooperation with the Islamic Development Bank in 2014 and 2017, respectively. Source ... ( read original story ...)

Japan minister resigns over remark about 2011 tsunami

Imamura resigned over his remark that "it was good" that the March 2011 quake and tsunami had hit northern Japan instead of areas closer to Tokyo. Abe accepted Imamura's resignation. (Toshiyuki Matsumoto/Kyodo News via AP) "It was good that (the disaster ... ( read original story ...)

Japan Post takes $4.9bn hit on local giant Toll Holdings

JAPAN Post has plunged into the red after writing billions ... Germany’s DHL has beefed up operations here and Singapore Post has invested heavily in its Couriers Please business in recent years. Australia Post tipped $2 billion into its package-handling ... ( read original story ...)

Japanese minister to quit over Fukushima comments

A Japanese cabinet minister is set to resign after saying it was better that the northeast of the country was hit by the 2011 earthquake and Fukushima nuclear disaster, and not Tokyo. Masahiro Imamura leads the reconstruction of the affected Tohoku region. ( read original story ...)