A strong and shallow earthquake registered by the Japan Meteorological Agency as M6.4 hit Ryukyu Islands at 01:54 UTC on May 9, 2017. The agency is reporting a depth of 10 km (6.2 miles). USGS registered it as M6.0 at a depth of 10 km (6.2 miles). ( read original story ...)
BOJ’s Kuroda says rejecting globalization inconsistent with reality
Bank of Japan Governor Haruhiko Kuroda gave a spirited defence of multilateralism on Tuesday, saying that questioning the value of globalization along the lines of U.S. President Donald Trump was at odds with 21st century reality. Kuroda said solely ... ( read original story ...)
Japan's top bank regulator warns of over-reliance on monetary policy
TOKYO May 9 Policymakers must seek ways to put the wall of money printed by central banks to better use to foster growth, such as prompting financial institutions to lend more to innovative industries with potential, Japan's top financial regulator said on ... ( read original story ...)
Mitsubishi UFJ: The Quintessential Megabank At A Good Price… For Now
Mitsubishi UFJ is the biggest Japanese retail and corporate bank with an important international corporate banking organization particularly strong in East Asia and the US. In terms of price earnings, Mitsubishi, as the rest of Japanese banks, is ... ( read original story ...)
Japan’s Largest Bank Issues Digital Currency to Employees Ahead of Commercial Rollout
The Mitsubishi UFJ Financial Group’s (MUFG) Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has reportedly begun issuing MUFG coin, its own digital currency to its employees this month. Japan’s biggest banking corporation is on its way to ... ( read original story ...)
BRIEF-Moody's says Bank of Japan emerging as main source of affordable funding for government
* Bank of Japan emerging as main source of affordable funding for government * Structural factors weighing on net savings rates will constrain private sector's capacity to fund new government debt in future * Share of its government bond market will ... ( read original story ...)
Thai central bank chief welcomes proposal to reduce US dollar transactions
YOKOHAMA -- Thailand's central bank chief said Saturday he welcomed moves to wean Southeast Asia off its reliance on the U.S. dollar, as Japanese representatives put forward a bilateral currency swap proposal on the sidelines of the Asian Development Bank ... ( read original story ...)
Bank of Japan's Iwata says conducting simulation on exit strategy from stimulus
TOKYO Bank of Japan Deputy Governor Kikuo Iwata said on Tuesday the central bank was conducting a study of how it could end its massive monetary stimulus in the future, but acknowledged it was still far from achieving its inflation target. Iwata, speaking ... ( read original story ...)
My Kuroda! Japan Real Wage Growth Goes Negative (Along with Inflation Growth)
According to CNBC, Bank of Japan Governor Haruhiko Kuroda explained that he is seeing shifts in the country’s labor market, and that could augur good things for the Japanese economy. I certainly hope so, for the sake of workers in Japan. Because the ... ( read original story ...)
Japan's Nikkei loses momentum after strong rally, Sony climbs
TOKYO, May 9 Japanese equities dipped on Tuesday as the market ran out of puff after rallying to a 17-month high the previous day, though it was supported well by a confluence of factors like the significantly weaker yen. The Nikkei share average edged ... ( read original story ...)
Strong quake hits southern Japan, no tsunami risk
A strong earthquake hit southern Japan on Tuesday, though there was no tsunami warning nor immediate reports of damage or injuries. The magnitude 6.0 quake hit at a depth of 10 kilometres (6.2 miles) in waters off the island of Miyako in the southern ... ( read original story ...)
6.0 Earthquake Hits Southern Japan, No Tsunami Risk
Tokyo: A strong earthquake hit southern Japan on Tuesday, though there was no tsunami warning nor immediate reports of damage or injuries. The magnitude 6.0 quake hit at a depth of 10 kilometres (6.2 miles) in waters off the island of Miyako in the ... ( read original story ...)
Crafting Tokyo cool: Why celebrities love this design duo
Fashion as expression Described as "Tokyo's premiere style icons" by digital publication Business of Fashion, the couple credits their status as tastemakers to the fashion industry in their home base: Japan. "In Japan, I often feel that fashion is a quiet ... ( read original story ...)
Japan's Idemitsu, Showa Shell to brief on joint business
TOKYO Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said they would brief on a joint business at 2:30 p.m. (0530 GMT) on Tuesday. Idemitsu Kosan completed the purchase of just under a third of Showa Shell last December, but their ... ( read original story ...)
The Japanese manga comic helping Syrian refugee children dream
Obada is a Syrian student in Tokyo who, by a mixture of chance and determination, has become the translator of Japanese manga comics into Arabic. And by another twist of fate, many of these Arab editions of football saga Captain Tsubasa have been donated ... ( read original story ...)
Strong quake hits southern Japan
A strong earthquake hit southern Japan on Tuesday, though there was no tsunami warning nor immediate reports of damage or injuries. Tokyo: A strong earthquake hit southern Japan on Tuesday, though there was no tsunami warning nor immediate reports of ... ( read original story ...)