TOKYO -- Free nursery school and kindergarten for families nationwide as well as tighter control of ballooning medical costs highlight Japan's newest strategies to achieve growth, The Nikkei learned Monday. The government's policy and reform draft ... ( read original story ...)
Japan’s Banks Could Benefit From Riskier Lending
That would help Japan’s banks unleash trapped regulatory capital, improving their Tier 1 capital ratios by an estimated net 0.8 percentage point. Previous bank strategies like ramping up overseas lending and buying assets with dollar deposits to fund ... ( read original story ...)
Japan vows to take action with US after North Korea missile test
The missile flew for six minutes until it landed in the Sea of Japan. US officials told Fox News a North Korean MiG fighter jet crashed near the launch site of the latest surface-to-air missile test. Japanese Chief Cabinet Secretary Yoshihide Suga said the ... ( read original story ...)
Favoring Osaka, Macau billionaire says Tokyo doesn’t need a casino
Lawrence Ho, the billionaire owner of Melco Resorts & Entertainment, said he favors building a casino in Osaka rather than Tokyo because there are more opportunities to develop the smaller city as an entertainment destination. Ho is among industry ... ( read original story ...)
Tokyo bath house offering naked lectures to increase clientele
A public bath house in Tokyo is offering classes to its naked customers, hoping the experience of learning in the nude will not only be liberating but also bring back a young audience to the dying tradition of communal baths. ( read original story ...)
Japan Tobacco plans to quadruple smokeless tobacco output capacity by 2018: CEO
With more people shifting to smokeless products such as IQOS due to health concerns, Japan Tobacco's domestic cigarette sales volume is likely to fall 9.6 percent this year. "It's shocking. I am doing this business for more than 35 years but I have never ... ( read original story ...)
The $2,500 answer to Amazon’s Echo could make Japan’s sex crisis worse
Japan has a sex problem. The country's birthrate is shrinking year after year, to the point where deaths are outpacing births. Simply put, Japan's population is decreasing. But let's be clear: Population change is a complicated subject affected by many ... ( read original story ...)
BOJ’s interest earnings fall for first time in 5 years
TOKYO The Bank of Japan saw interest payments on its huge government bond holdings decline for the first time in five years in the fiscal year that ended in March, a sign that its ultra-loose monetary policy was taking a toll on its financial health. ( read original story ...)
Italian bank worries leak into second week
European share prices were a touch lower [.EU], led by a half-percent fall in banking shares as worries over recapitalizations ... the broad MSCI index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dipping 0.2 percent. Japan's Nikkei .N225 edged ... ( read original story ...)
Japan’s Banks Could Benefit From Riskier Lending — Heard on the Street
That would help Japan's banks unleash trapped regulatory capital, improving their Tier 1 capital ratios by an estimated net 0.8 percentage point. Previous bank strategies like ramping up overseas lending and buying assets with dollar deposits to fund such ... ( read original story ...)
Can central bank stem NPA rot?
Ergo, CBs often get involved. The Bank of Japan (BoJ) recapitaliSing Japanese banks in the late 1990’s, US Fed acting as a lead arranger of rescue finance for LTCM in 1998 and the US Fed (2008) buyback of $1.5 trillion of distressed mortgage securities ... ( read original story ...)
New compound that can break down plastic waste developed
Researchers from Nagoya University in Japan developed a series of organometallic ruthenium catalysts to break down even the toughest amide bonds effectively under mild conditions. "Our previous catalysts could hydrogenate most amide bonds, but the ... ( read original story ...)
Yokohama defends WTCC tyres after Nurburgring Nordschleife problems
Yokohama has defended its World Touring Car Championship tyres ... More in WTCCCatsburg into WTCC lead with Nordschle... More WTCC News Catsburg into WTCC lead with Nordschleife win Polestar Volvo's Nicky Catsburg surged into the World Touring Car ... ( read original story ...)
Japan public split on idea to cite military in constitution
Poll results released Monday show that about half of Japan's population supports a constitutional revision that would clarify the legality of the country's military, a new approach Prime Minister Shinzo Abe is proposing as his party struggles to gain ... ( read original story ...)
Recruitment firm HRnetGroup going for $175m IPO on SGX
It now operates in 10 Asian cities, namely, Singapore, Kuala Lumpur, Bangkok, Hong Kong, Taipei, Guangzhou, Shanghai, Beijing, Tokyo and Seoul. In Singapore, the group has a market share of 20.5 per cent, according to Frost & Sullivan. ( read original story ...)
Duterte to cancel Japan visit
The president was scheduled to speak at the 23rd International Conference on the Future of Asia to be hosted by Nikkei Inc. in Tokyo on June 5 and 6. Negotiations had been underway to arrange a meeting with Japanese Prime Minister Shinzo Abe on the ... ( read original story ...)