Private sukuk issuances by Japanese financial companies up to 2014. Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank joined with multimillion murabaha facilities in cooperation with the Islamic Development Bank in 2014 and 2017, respectively. Source ... ( read original story ...)
Japan minister resigns over remark about 2011 tsunami
Imamura resigned over his remark that "it was good" that the March 2011 quake and tsunami had hit northern Japan instead of areas closer to Tokyo. Abe accepted Imamura's resignation. (Toshiyuki Matsumoto/Kyodo News via AP) "It was good that (the disaster ... ( read original story ...)
Japan Post books $4.7b writedown on Toll, flags 1700 job cuts at the business
Japan Post Holdings said on Tuesday it will book its first annual loss in at least a decade, after unveiling a $US3.6 billion ($4.7 billion) writedown on its Australian logistics arm Toll Holdings. Japan Post estimated its loss at 40 billion yen ($470 ... ( read original story ...)
Japan Post takes $4.9bn hit on local giant Toll Holdings
JAPAN Post has plunged into the red after writing billions ... Germany’s DHL has beefed up operations here and Singapore Post has invested heavily in its Couriers Please business in recent years. Australia Post tipped $2 billion into its package-handling ... ( read original story ...)
Japanese minister to quit over Fukushima comments
A Japanese cabinet minister is set to resign after saying it was better that the northeast of the country was hit by the 2011 earthquake and Fukushima nuclear disaster, and not Tokyo. Masahiro Imamura leads the reconstruction of the affected Tohoku region. ( read original story ...)
Japanese citizens are warned they will get a mere TEN-MINUTE warning if North Korea launches a missile attack (so THAT'S why home nuclear bunkers are selling out!)
Japanese civilians have been told to expect a mere ten-minute warning if North Korean dictator Kim Jong-un launches a nuclear attack. Tokyo officials are advising people to seek shelter underground or in a strong concrete building in the event of a North ... ( read original story ...)
Mizuho Financial Group Partners with Cognizant to Develop a Distributed Ledger Solution for More Efficient and Secure Trade Finance
TOKYO, April 25, 2017 /CNW/ -- Cognizant (NASDAQ: CTSH) today announced that it has been selected by Mizuho Financial Group (NYSE: MFG, TYO: 8411), one of the largest financial institutions in the world, to develop a distributed ledger solution to make ... ( read original story ...)
Japan's ruling party heavyweight to attend China's New Silk Road summit
"Given the international situation starting with North Korea, mutual understanding between Japan and China is vital," Liberal Democratic Party (LDP) Secretary General Toshihiro Nikai was quoted by Jiji news agency telling a news conference, adding he would ... ( read original story ...)
Kumamoto couple have hard time parting with son lost in earthquake
KUMAMOTO – Shinobu Yamato, 49, still can’t wash a pair of socks that her son, Hikaru, had left lying around before he was killed in the earthquakes that rocked Kumamoto Prefecture and its vicinity last April. “I feel like I can still feel my son ... ( read original story ...)
Japan central bank governor says G20, IMF accept BOJ's monetary policy
TOKYO Bank of Japan Governor Haruhiko Kuroda said on Tuesday that Group of 20 and International Monetary Fund officials accept the view that the central bank's quantitative easing policy is to achieve its inflation target. Kuroda, speaking in the lower ... ( read original story ...)
Nikkei extends gains, gets lift from Wall Street rally
Investors relieved as North Korea takes no new missile steps * Securities shares jump in line with market gains TOKYO, April 25 Japan's Nikkei share average retook the 19,000 level on Tuesday for the first time in three weeks, buoyed by Wall Street gains ... ( read original story ...)
Adelaide United fight back to claim 3-3 Asian Champions League draw with Gamba Osaka
The Reds drew 3-3 with Gamba Osaka at the Suita City Stadium on Tuesday after a last gasp goal from Baba Diawara gave United a lifeline to making the knockout stage of the intercontinental tournament. But Adelaide must now rely on Chinese giant Jiangsu ... ( read original story ...)
Hoshino Resorts sees strong potential in troubled Osaka site
The property is to open its doors in 2022 and will be Hoshino's second-largest location. But this seemingly ideal site comes with a long and freighted history: The Airin district, Osaka's skid row, is right nearby. The Festival Gate development blending an ... ( read original story ...)
Japan central bank seen upbeat on growth, gloomy on prices; policy on hold
TOKYO Brightening global growth prospects will allow Japan's central bank to keep monetary policy steady this week and invest time solving the puzzle of why inflation remains stubbornly low despite a tightening job market and robust economic recovery. ( read original story ...)
Self-made rebel takes on $13 billion Japan giant in M&A fight
Japanese companies' owner-managers often have no incentive to improve profitability, because that would increase the inheritance tax incurred when their business is passed on to the next generation, Sasaki says. Non-owner managers, meanwhile, lack ... ( read original story ...)
Asia tracks French election rally; weak yen lifts Tokyo
WALL STREET: U.S. shares were buoyed by the news from France and also strong earnings reports. The Standard & Poor's 500 index jumped 1.1 percent to 2,374.15. The Dow Jones industrial average also rose 1.1 percent, to 20,763.89. The Nasdaq composite gained ... ( read original story ...)