Japan Banking Giant Mitsubishi Goes Crypto With Own Coin

Mitsubishi UFJ Financial Group, Inc. (MUFG; 株式会社三菱UFJフィナンシャル・グループ), after a few years of plotting (since 2015), appears ready to roll out its own crypto token, MUFG Coin by 2019. In doing so, it would become the first ... ( read original story ...)

Japan automobile association says favours free trade

TOKYO, May 18 (Reuters) - Japan's automaking association on Friday said it hoped the country's export partners would keep tariffs on vehicles and vehicle components low and maintain free trade relationships to promote and strengthen transparent trade. ( read original story ...)

Tokyo stocks rise on weak yen

Tokyo stocks closed higher Friday as a cheaper yen gave a boost to exporters but traders said they would be keeping a close eye on geopolitics in the coming days. The benchmark Nikkei 225 index gained 0.40 percent, or 91.99 points, to 22,930.36, marking a ... ( read original story ...)

Tokyo Stock Exchange Opens Strong

TOKYO, NNC -- Tokyo stocks opened higher on Friday (5/18/2018), as the weakening yen against the US dollar brightened up market sentiment and helped lift export stocks. At 9:15 am local time, the Nikkei 225 index on the Tokyo Stock Exchange (TSE) added 51 ... ( read original story ...)

Tokyo cops seize 50,000 DVDs in bust of illegal porn operation

TOKYO (TR) – Tokyo Metropolitan Police have busted a shop in the Kabukicho red-light district of Shinjuku Ward that sold illegal pornographic DVDs, reports TBS News (May 17). On May 15, police arrested Takashi Sato, 57, over the possession of 36 DVDs ... ( read original story ...)

Tokyo cops nab suspected serial flasher in Shibuya

Tokyo Metropolitan Police have arrested a male employee in the film industry who is suspected in multiple flashing incidents in Shibuya Ward, reports Nippon News Network (May 16). On the night of April 10, Toshinari Kikuchi, a 24-year-old contract employee ... ( read original story ...)

Brazil wants South America-Japan partnership talks this year

The alliance and common market comprising Brazil, Argentina, Uruguay and Paraguay has a "complementary relationship with Japan," Aloysio Nunes Ferreira told Nikkei during an interview in Tokyo. The Group of 20 leaders' summit in Argentina in November ... ( read original story ...)

Japan tells regional banks to curb investment losses – sources

The Financial Services Agency has asked the banks to ensure the unrealised losses on their securities do not exceed the profits from their core lending business or their equity capital, the sources told Reuters. Japanese banks are currently not required to ... ( read original story ...)

Toyota chief hopes to help Japan automakers keep tech edge

TOKYO (AP) — Toyota Motor Corp. chief Akio Toyoda, tapped to head the Japanese auto industry association, promised Friday to lead a push among manufacturers to keep a competitive edge in emerging technologies such as zero-emission and autonomous driving. ( read original story ...)

Earthquake jolts eastern Japan’s Chiba

An earthquake with a preliminary magnitude of 5.3 hit eastern Japan on Thursday, the Japan Meteorological Agency said. The epicentre of the quake was off the coast of Chiba prefecture, the agency said, adding that a tsunami warning had not been issued. ( read original story ...)

Japan enlists Pacific Islands for help on North Korea

TOKYO -- Japan is aiming to close loopholes on North Korean sanctions and curb China from expanding its influence in the Indo-Pacific by bolstering its relationship with small island nations. Leaders from 16 Pacific island nations and territories ... ( read original story ...)

Suicidal suspect held after fatal stabbing at Nagoya manga cafe

NAGOYA – A 22-year-old man allegedly stabbed a stranger to death at a manga cafe in central Nagoya late Thursday after becoming frustrated that he was unable to take his own life, police said. Fumihiro Inada was arrested on suspicion of attempted murder ... ( read original story ...)