Astro Japan Property Group (ASX: AJA) today announced the acquisition of a newly constructed hotel in Fukuoka for a purchase price of ¥1.6 billion (A$18.8 million approx. at A$1=¥85). This represents a discount of approximately 3.6% on the independent ... ( read original story ...)
BRIEF-Advance Residence Investment acquires property for 1.43 bln yen
Says it acquired trust beneficiary rights of a property located in Osaka on March 29 * Says previous plan was disclosed on June 29, 2016 * Transaction amount is 1.43 billion yen Source text in Japanese:goo.gl/ZE6va5 Further company coverage: (Beijing ... ( read original story ...)
Under new rules, government to help finance hotels amid tourism boom
only provides financial support for the construction of facilities such as schools, libraries, hospitals and nursing homes, and only in areas outside Tokyo, Osaka and Nagoya. The government will revise the rules to enable it to finance — starting in ... ( read original story ...)
Tokyo Smoke elevates 4/20 with new retail store, new products, free coffee, a new magazine and a series of educational cannabis clinics
TORONTO, ON--(Marketwired - March 29, 2017) - Tokyo Smoke is excited to announce a new Toronto flagship store arriving on Queen Street West in early summer 2017, just two years after opening its first retail and coffee shop on Adelaide Street, followed by ... ( read original story ...)
Yokohama Stadium to feature new Nissan billboard, all-electric LEAF as bullpen car
“We are very pleased to be returning to Yokohama Stadium, which is a symbol of the city where ... Automotive World is not responsible for the content of this news release. ( read original story ...)
Mitsubishi UFJ optimistic on Saudi project finance, Aramco IPO role
DUBAI Mitsubishi UFJ Financial Group (8306.T ... Shinzo Abe this month asked Saudi Arabia's King Salman to support a listing of Aramco's shares in Tokyo. Other markets, including New York, London, Hong Kong, Singapore and Toronto, are also vying for ... ( read original story ...)
Toshiba says Westinghouse files for bankruptcy protection
TOKYO -- Japan's embattled Toshiba Corp. said Wednesday that its U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, marking a key step in its struggles to stop the flow of massive red ink. Toshiba said in a statement that it ... ( read original story ...)
Tokyo Olympics chiefs facing shortage of English speakers train staff with FAWLTY TOWERS
Helen Bentley, who worked on Tokyo's Olympic bid for communications firm Finsbury, said: "There are relatively few opportunities to use spoken English in Japan. "As a result, many Japanese are much stronger at reading and writing than they are at speaking." ( read original story ...)
Tokyo temple offers graves for same-sex couples
A Buddhist temple in Tokyo has devised a grave that can be shared by sexual minorities and their partners. The temple, Shodaiji in Edogawa Ward, is receiving an increasing number of inquiries about the grave for lesbian, gay, bisexual and transgender (LGBT ... ( read original story ...)
Tokyo futures rise 3 pct on firmer oil prices, weaker yen
FUNDAMENTALS * The Tokyo Commodity Exchange rubber contract for September delivery gained as much as 7.8 yen to 246 yen ($2.21) per kg. * For the top stories in the rubber market and other news, click or MARKET NEWS * The U.S. dollar was quoted around 111 ... ( read original story ...)
Tokyo stocks open flat
Tokyo: Tokyo stocks opened flat Wednesday despite a rally in ... "But the upward trend is limited amid uncertainties over the Trump administration," he told Bloomberg News, referring to US President Donald Trump's ability to pursue his economic reform ... ( read original story ...)
BRIEF-Yokohama Reito to take out 15 bln yen hybrid subordinated loan
29 * Maturity on March 31, 2077 Source text in Japanese:goo.gl/I14dIl Further company coverage: (Beijing Headline News) ( read original story ...)
Astro Japan invests ¥10B in shopping mall
Astro Japan Property Group Ltd (ASX:AJA) has signed contracts to invest in a large shopping mall, near Tokyo in Japan, for ¥10 billion. This works out to be AU$117.6 million at today’s exchange rate, and this shopping mall will be the third largest in ... ( read original story ...)
Fitch: Commercial Quake Insurance Gap in Japan Unlikely to Narrow in Short Term
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Japan Earthquake Insurance Dashboard 2017 here HONG KONG/TOKYO, March 28 (Fitch) Japanese corporates continue to be significantly underinsured for commercial ... ( read original story ...)
Japan govt names six investment banks for Japan Post share sale
The government sold about $12 billion worth of shares in Japan Post, Japan Post Bank Co (7182.T), and Japan Post Insurance Co (7181.T) in the IPO, which was the largest privatization of a Japanese state-owned firm since that of Nippon Telegraph and ... ( read original story ...)
Japan to extend $850 million bailout loan to Mongolia: finance ministry
ULAANBAATAR Japan has committed $850 million in loans to Mongolia as part of a bailout to help rescue the country's struggling economy, Mongolia's finance ministry said on Wednesday. Mongolia, landlocked between China and Russia, agreed to a $5.5 billion ... ( read original story ...)