Japan’s Nikkei NIK, -1.11% was down 1.1%, extending Wednesday’s losses. Automakers led the losses, with Toyota Motor Corp. 7203, -3.05% , Honda Motor Co. 7267, -3.39% and Nissan Motor Co. 7201, -1.76% all down around 3%. South Korea’s Kospi ... ( read original story ...)
Bank of Japan board member urges winding down stimulus to avoid destabilizing banking system
MAEBASHI, GUNMA PREF. – Bank of Japan board member Makoto Sakurai said on Thursday excessive monetary easing could destabilize the economy and suggested the bank could whittle down its massive stimulus program if growth continues to strengthen. ( read original story ...)
Osaka Gas Engineering to Provide Consulting Services on Construction of LNG Receiving Terminals in Taiwan
OSAKA, Japan--(BUSINESS WIRE)--May 24, 2018--Osaka Gas Engineering Co., Ltd. (OGE), a subsidiary of Osaka Gas Co., Ltd. (Osaka Gas)(TOKYO:9532), has entered into an agreement to provide consulting services on construction of LNG receiving terminals of CPC ... ( read original story ...)
China, Japan protest US probe into need for auto tariffs
BEIJING — China and Japan both condemned Thursday the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. China's Commerce Ministry said Beijing ... ( read original story ...)
Japan’s prime minister heads to Russia for talks with Putin
TOKYO – Japan's Prime Minister Shinzo Abe is heading to Russia for talks with President Vladimir Putin, in hopes of making progress on joint economic projects on disputed islands as a step toward resolving the decades-old territorial row. Abe said ... ( read original story ...)
Invasive species of Japanese beetle discovered in Vancouver
The Japanese beetle, an invasive pest native to Japan ... The City and Park Board said in a joint news release that they will be working closely with the CFIA and British Columbia Ministry of Agriculture to respond to the presence of this invasive pest. ( read original story ...)
Japan Post Bank targets more alternative investments to boost revenues
Japan Post Bank Co. Ltd (JPB), the banking unit of state-owned Japan Post Group, which says its revenues are in “significant decline” from low interest rates, plans to invest more in riskier assets over the next three years to boost earnings. ( read original story ...)
Tokyo: Vietnamese massage parlor provided sex without license
Tokyo Metropolitan Police have arrested the manager of a Vietnamese massage parlor in Minato Ward for providing sex services without proper licensing, reports Nippon News Network (May 23). In April, Tran Thi Han, the 41-year-old manager of Princess ... ( read original story ...)
TOKYO | AP Explains: American football with niche following in Japan
TOKYO — Japan has been absorbed for several weeks by a late ... about by many who know almost nothing about the American sport. In a nationally televised news conference on Tuesday, linebacker Taisuke Miyagawa bowed deeply and apologized for the late ... ( read original story ...)
Japan to backtrack on budget target, social welfare reform as tax hike looms
Under the new fiscal guidelines, the government will also set an interim target to review progress in getting Japan’s fiscal house in order, the Nikkei newspaper said on Wednesday. Its interim goal, with a deadline of fiscal 2021, will aim to achieve ... ( read original story ...)
Japan women see turning point on sexual harassment after scandal
Well-known news anchor Yuko Ando echoed that view, noting that the reaction to the allegation against Fukuda gave her hope. “Those in Japan who have shut out their memories of sexual harassment are likely to speak out. Because such memories never ... ( read original story ...)
Linebacker implicates coaches after late hit sparks outrage in Japan
At a Tuesday news conference, Miyagawa, 20 ... spirit of fair play,” the Nihon University Teachers’ Union said in a statement. The head of the Japan Sports Agency, Daichi Suzuki, described it as “a dangerous act” that “merited a straight red ... ( read original story ...)
In cautious shift, TEPCO promotes renewables as business ‘pillar’
Tokyo Electric Power Co. Holdings Inc., an old guard in the ... and intensified competition from a liberalized power retail market have put the nuclear power business at a disadvantage. Tomoaki Kobayakawa, 54, who became TEPCO president in June last ... ( read original story ...)
Japan business mood improves, signals return to growth – Reuters Tankan
TOKYO (Reuters) - Confidence among Japanese manufacturers improved in May for the first time in four months while service-sector sentiment hit a record high, the Reuters Tankan poll showed, suggesting the economy may return to growth after a first-quarter ... ( read original story ...)
Conrad Osaka Marks its 1st Anniversary and Invites Guests to “Celebrate with Us”
All guests will receive a limited edition Conrad Bear collectible in celebration of the special occasion OSAKA, Japan, May 24, 2018 /PRNewswire/ -- Conrad Osaka (3-2-4 Nakanoshima, Kita Ward, Osaka City; GM: Karan Singh) is proud to announce the ... ( read original story ...)
Tokyo lures in overseas hedge funds and fintech
TOKYO -- Hedge funds and financial technology groups are busy expanding to Japan, lured in recent months by the vast wealth waiting to be unlocked and a landscape more welcoming to fund managers and innovators. Hong Kong hedge fund Argyle Street Management ... ( read original story ...)