For the past week, Nike Japan has been the subject of a consumer boycott. But you wouldn't know it from the stream of customers going in and out of its flagship store in Tokyo's Harajuku area on ... ( read original story ...)
Japan’s Banks Have a $44 Billion Dilemma With Client Stakes
Japan’s biggest banks have a $44 billion problem: how to sell stakes in their most important clients without losing their business. ( read original story ...)
Asia Markets: Hong Kong and Seoul stocks rise early Friday as Tokyo and Shanghai lose ground
Asian stock markets were mixed Friday after Wall Street sank following signs damage to the U.S. economy from the coronavirus is worsening while Congress is deadlocked over possible new aid. ( read original story ...)
Paulson notes China’s rise in global finance
But mainland China will be an increasingly formidable challenger in financial services in the next few years," Paulson wrote in an op-ed published on The Wall Street Journal website Wednesday. Paulson ... ( read original story ...)
Tokyo Games sponsors pay $3.3 billion, but more still needed
Domestic sponsors have already contributed a record of $3.3 billion to help pay for the Tokyo Olympics. That's at least twice as much as any previous Games. But it's still ... ( read original story ...)
Japan urges a “quiet” year-end, but to keep up tourism campaign
Japan's government urged people on Friday to spend a "quiet" year-end after daily coronavirus infections hit a record, but said it would keep providing subsidies to promote tourism despite media ... ( read original story ...)
Skirt-lifting incidents occurring repeatedly on empty streets in Yokohama
A series of incidents where a man lifted the skirt of female pedestrians and groped some of them have been reported in this city south of ... ( read original story ...)
Japan urges “quiet” year-end, but to keep up tourism campaign
Japan's government urged people on Friday to spend a "quiet" year-end after daily coronavirus infections hit a record, but said it would keep providing subsidies to promote tourism despite media ... ( read original story ...)
Japan to accelerate anti-disaster projects in 5-year plan
TOKYO (Kyodo) -- Japan adopted Friday a five-year plan starting next April to accelerate anti-disaster measures across the country such as improving a ... ( read original story ...)
SoftBank soars on US$11bil DoorDash gain, buyout prospect
SoftBank Group Corp shares surged as its paper profit from the initial public offering (IPO) of DoorDash Inc hit US$11.2bil, adding to gains from the prospect the Japanese company could attempt to go ... ( read original story ...)
Asian shares boosted by vaccines hopes, Brexit deadline casts shadow
Asian shares bounced back on Friday as progress on COVID-19 vaccines boosted investor sentiment, but tricky Brexit negotiations and U.S. stimulus talks capped gains in riskier assets. ( read original story ...)
Japan banks struggle to unwind last ¥4.6 trillion in cross-shareholdings
The practice of cross-holdings is largely unique to Japan, where it emerged after the war to cement ties with friendly owners and keep more demanding shareholders at bay. “There is a bedrock,” said ... ( read original story ...)
Japan to spend $3.7 billion in budget reserves to back travel campaign
Japan's Cabinet has decided to spend 385.6 billion yen ($3.71 billion) in emergency budget reserves to back the country's domestic travel campaign, the Ministry of Finance said on Friday. ( read original story ...)
NTT makes history with Japan’s biggest bond
Nippon Telegraph and Telephone has raised ¥1trn (US$9.6bn) in the biggest bond offering in the Japanese domestic market, doubling the previous record. TOKYO, December 11 (IFR) - Nippon Telegraph and ... ( read original story ...)
Asian shares extend gains after more Wall Street records
Stocks were mostly lower Thursday in Asia after weakness in technology companies' shares led an overnight decline on Wall Street. Benchmarks fell in Tokyo, Hong Kong and Sydney but edged higher in ... ( read original story ...)
Sapporo to forgo regular exhibits at annual Snow Festival
Sapporo Mayor Katsuhiro Akimoto said Thursday the northern Japan city will forgo exhibiting snow sculptures at its annual Snow Fest ... ( read original story ...)