TOKYO: Tokyo stocks fell Monday as a stronger yen discouraged investors who are already cautious ahead of US President Donald Trump's policy speech to Congress. Markets are keen to see details of Trump's spending plans as well as proposals for tax reform ... ( read original story ...)
Chat app Line doubles its stake in Snapchat clone Snow
Line went public in a dual U.S.-Japan IPO that raised $1.1 billion. Shares initially popped 50 percent on the firm’s Tokyo debut, but there’s been little to celebrate since then. Line saw user numbers dip for the first time in January — despite a ... ( read original story ...)
Record budget for Japan
Japan's House of Representatives approved Monday a record 97.45 trillion yen ($870 billion) draft budget for fiscal 2017 to finance ballooning social security costs and enhance its defence capabilities. The initial budget for the year starting in April ... ( read original story ...)
Nikkei falls to 2-1/2 week lows on strong yen; financials weak
TOKYO Feb 27 Japan's Nikkei share average fell to 2-1/2 week lows on Monday as the yen strengthened and as financial stocks dropped on lower U.S. yields. The Nikkei ended down 0.9 percent at 19,107.47 points, its lowest closing level since Feb. 9. ( read original story ...)
UPDATE1: Japan lower house OKs record 97.45 tril. yen budget for FY 2017
Japan's House of Representatives approved Monday a record 97.45 trillion yen ($870 billion) draft budget for fiscal 2017 to finance ballooning social security costs and enhance its defence capabilities. The initial budget for the year starting in April ... ( read original story ...)
Osaka group lodges problem gambling bill to boost Japan IR chances
The Osaka-centric Nippon Ishin no Kai party is hoping that a cooperation with the ruling Liberal Democratic Party will boost the city’s chances of being picked for one of the casino resort licenses, the Japan Times reported. “The Nippon Ishin bill sets ... ( read original story ...)
Osaka school in hate speech scandal now accused of backfilling tainted soil
OSAKA – Nationalist school operator Moritomo Gakuen in Osaka hired a waste disposal service to backfill waste found at the heavily discounted construction site where it is building a new elementary school, an employee of the disposal firm says. The ... ( read original story ...)
'Tokyo Ghoul' Season 3 Latest News: Has The Show Been Cancelled? Movie As Replacement?
"Tokyo Ghoul" season 3 might have been canceled, and a movie is rumored to replace the popular series. "Tokyo Ghoul" season 3's release is having problems since a lot of time has passed without clear information about its air date. Now, reports of its ... ( read original story ...)
Nationalist primary school opening may be hit by environmental assessment redo
OSAKA -- The April opening of a new elementary school run by nationalist private school operator Moritomo Gakuen may be affected by a renewed environmental assessment of the property now being considered by the local municipal government. Moritomo Gakuen ... ( read original story ...)
Bank of Japan board member says 2% inflation target is unfeasible
USDJPY and the yield on the 10-year US Treasury bond slipped in tandem on Friday, maintaining a link that has been apparent for some time, as shown in the chart below. It’s actually the spread between US and Japanese rates that matters, but with the Bank ... ( read original story ...)
Japan’s radical experiment in monetary policy not working
The Federal Reserve has raised US interest rates, and the European Central Bank is considering easing its stimulus. Japan remains definitively stuck, despite a long and aggressive experiment with ultralow rates. A quarter-century after its property bubble ... ( read original story ...)
Another bank’s logo on notice
Sathapana Bank, a wholly owned subsidiary of Maruhan Japan Group, obtained its commercial banking licence in March 2016 following the successful merger of Maruhan Japan Bank Plc and local microlender Sathapana Ltd. The bank operates a network of 161 ... ( read original story ...)
Warehouse TERRADA Announces “minikura” Cloud Storage Service
TOKYO--(BUSINESS WIRE)--Warehouse TERRADA (Shinagawa, Tokyo / CEO: Yoshihisa Nakano) announces that we will begin offering its “minikura” cloud storage system, where any user can have his/her own warehouse, one box at a time, to users outside of Japan. ( read original story ...)
Nagoya ad startup uses bonus boost to discourage overtime
During a typical day recently at Quartet Communications Co., staff began preparing to leave their Nagoya office when music started playing at 6 p.m. “I’m happy that I get a higher bonus for leaving early,” said a male employee in his 30s before ... ( read original story ...)
Japan emperor's Vietnam visit a sign of improved ties
When Nguyen Thi Xuan said goodbye to her Japanese husband in 1954, she thought he was going off for a year or two on another long assignment. She never imagined it would be more than half a century before she'd see him again. Like many Vietnamese women ... ( read original story ...)
Chris Grayling to Japan: 'Some of our trains are superior to yours'
Transport minister urges counterparts from Japan to buy trains made in Derby for their suburban rolling stock Transport secretary Chris Grayling is lobbying Japan, the country that pioneered modern high-speed trains, to buy rolling stock from Derby as part ... ( read original story ...)