Mizuho 2nd Japanese bank to sign Islamic credit deal with ICD

KUALA LUMPUR (Kyodo) -- Mizuho Bank has become the second Japanese commercial bank to sign a "murabaha" credit facility agreement with Islamic Corporation for the Development of the Private Sector, an arm of the multinational Islamic Development Bank group ... ( read original story ...)

Japan, China to hold bilateral finance dialogue in May: Aso

TOKYO Japan and China will hold a bilateral finance dialogue on May 6 on the sidelines of the annual gathering of the Asian Development Bank in Yokohama, south of Tokyo, Japanese Finance Minister Taro Aso said on Friday. The dialogue will be attended by ... ( read original story ...)

Japan economy likely to grow at pace: BOJ

TOKYO: Japan’s economy is expected to continue growing at a pace well above its potential, Bank of Japan Governor Haruhiko Kuroda said. Kuroda made the comments at a press conference after the central bank upgraded its assessment of the country’s ... ( read original story ...)

Japanese Yen: Disappointing Data Add to Downside Pressure

As predicted here a week ago, the Japanese Yen declined last week and there's little sign yet that the trend is about to change. According to the Bank of Japan, the outlook for the economy is improving and inflation is picking up, but there was no ... ( read original story ...)

Man gets 8 years in Internet banking deception case

A court has sentenced a man to eight years in prison for illegally obtaining the internet banking passwords and account details of other people and using the information to illegally remit money, but was found not guilty of "free riding" his neighbor's Wi ... ( read original story ...)

Challenges ahead of Nagoya Castle’s repair project

WHEN Tokugawa Ieyasu, who founded the Tokugawa shogunate in 1603, had feudal lords build castles across the nation, Nagoya Castle was one of them. The castle tower was rebuilt using reinforced concrete after WW2. This spring, the Nagoya municipal ... ( read original story ...)

Tokyo Briefly Halts Subway Trains After North Korea Missile Test

Tokyo Metro Co. Ltd. stopped services shortly after 6 a.m. as part of measures adopted this month under which services are halted after reports of a North Korean missile launch until confirming that it’s safe to operate, Kyodo News said, citing the operator. ( read original story ...)

Tokyo cruise offers a step back in time

A new Tokyo Bay samurai-themed cruise ship fashioned after those used by feudal lords back in the Edo Period (1603-1868) promises tourists visiting the nation’s capital an interesting contrast between modernity and tradition. The Atakemaru, which is 49.7 ... ( read original story ...)