For the past six decades, San Francisco and Osaka, Japan, have been “sister cities,” participating in special events and programs that promote cultural exchange. But as Jacey Fortin reports for the New York Times, Osaka has moved to sever the ... ( read original story ...)
Demographics to stress Japan regional banks: BoJ official
Japan’s declining population could eventually pose a risk to its regional banks and financial system, Bank of Japan deputy governor Hiroshi Nakaso said in the last of three key speeches that may serve as his swan song after nearly four decades at the ... ( read original story ...)
Commentary: Modest Bank of Japan move could spark major market flows
(Reuters) - The era of super-cheap money is ending, and stocks’ remarkable run to new highs and bond yields’ refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride. Yet while attention is fixed on ... ( read original story ...)
Physical Money Is Here To Stay – For Now, Says Bank Of Japan
Digital currencies are growing in popularity but, in terms of replacing physical money, that isn’t going to happen anytime soon. That’s according to Hiromi Yamaoka, head of the Bank of Japan’s payment and settlement systems department, who made those ... ( read original story ...)
Tokyo Disney Resort operator shares jumps after expansion plan report
TOKYO (Reuters) - Shares of Oriental Land Co Ltd (:4661.T ... In a statement, Oriental Land said it has been planning a major development from its financial year beginning April 2021 and later but that nothing specific has been decided. ( read original story ...)
The economic lessons Japan can teach the West
We need a new experiment, one that allows the possibility of failures. "In order to take the Japanese society forward younger people, or those who experienced foreign business or the intellectual world, [should be able to] voice more freely to senior people." ( read original story ...)
Japan ETFs in Focus as Retail Sales Fall
Japan’s retail sales fell short of expectations in October, after a weak GDP reading in the third quarter. Retail sales declined 0.2% year-over-year in October compared with expectations of 0.2% increase, per the Ministry of Economy, Trade, and Industry ... ( read original story ...)
Ramen chain in Osaka suspected of illegal employment of foreigners
An outlet of the Ichiran chain in Osaka has been accused of illegally employing a Vietnamese woman (TBS News) OSAKA (TR) – Osaka Prefectural Police on Tuesday arrested a Vietnamese national for working illegally at an outlet of a popular ramen chain in ... ( read original story ...)
Hotel Review: Hotel Il Monte Osaka – Walking Distance to Osaka and Namba Stations
During the Osaka leg of my trip to the Kansai region, I stayed at the Hotel Il Monte. Exhausted from a long overnight flight from Singapore, I checked in at around 10am and was relieved to find the property accommodating my check-in request. Hotel Il Monte ... ( read original story ...)
Japanese sumo star Harumafuji retires after ‘violent assault’
Sumo grand champion Harumafuji has said he will retire from the sport, in a scandal that has rocked Japan's highly ceremonial sport. Harumafuji is being investigated for an alleged assault on a junior wrestler. He said he "apologised from [his] heart" to ... ( read original story ...)
Hong Kong listing would help Aramco with huge Chinese demand for IPO: HKEX CEO
Saudi Aramco's CEO said in October that exchanges such as New York, London, Tokyo, and Hong Kong have been looked at for a partial listing of the state company's planned $100 billion IPO. "It will become a great platform for the two major sovereigns to use ... ( read original story ...)
Tokyo marks 1,000 days to go until 2020 Paralympics
TOKYO (AP) -- Tokyo marked 1,000 days to go until the 2020 Paralympics on Wednesday with a ceremony at the world's tallest tower. The 634-meter (2,080-feet) Tokyo Sky Tree was lit up in red, blue and green - the three colors of the Paralympic symbol. ''We ... ( read original story ...)
Modest Bank of Japan move could spark major market flows: McGeever
LONDON, Nov 29 (Reuters) - The era of super-cheap money is ending, and stocks' remarkable run to new highs and bond yields' refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride. Yet while attention is ... ( read original story ...)
9 Best Business Hotels In Osaka, Japan
Osaka is known all over the world as the home of Universal Studios, Japan - among other things - but it is also home to bustling businesses, which makes it a familiar place for many business travelers. If you’re traveling to Osaka for the first time, you ... ( read original story ...)
Survey finds that Osaka people don’t eat takoyaki octopus balls as much as you’d think
A large majority of people living in Osaka said to eat their iconic food takoyaki less than a dozen times a year. In 1933, a restaurant in the Ikunoku Ward of Osaka called Aiduya unveiled a new dish, radioyaki. It was a grilled ball of batter with beef ... ( read original story ...)
Nikkei rises, led by banks, financials
TOKYO, Nov 29 (Reuters) - Japan's Nikkei share average rose on Wednesday as banks and financial shares tracked their U.S. counterparts higher, shrugging off another North Korean missile launch. The Nikkei was up 0.4 percent at 22,576.86 points at the end ... ( read original story ...)