TOKYO • A major blackout struck Osaka at dawn yesterday, cutting off power to 34,000 homes and shutting down hospitals and 24-hour convenience stores. Traffic lights also went black at several major intersections, with traffic police activated to direct ... ( read original story ...)
Blurred photos poke holes in defense of land sale to Moritomo
The Finance Ministry has argued that it reduced the price of the plot in Toyonaka, Osaka Prefecture, because of the large amount of waste that had to be removed from the land. It shared photos of the site with the Ministry of Land, Infrastructure ... ( read original story ...)
Mitsui Sumitomo to buy Singapore insurer for $1.6B in SEAsia growth push
SINGAPORE/TOKYO — Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous Southeast Asia – a key ... ( read original story ...)
Shock waves in Japan
The most powerful earthquake yet recorded, in 1960 off Chile, sent 80-foot waves across 10,500 miles of ocean — and struck Japan, half a world away, killing 142 people there. Japan is a magnet for super-tsunamis, which recur at intervals of 800 to 1,000 ... ( read original story ...)
Japan: The land of rising opportunities
According to reports, Japan’s property market has remained buoyant despite the global slowdown. A report by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) revealed that the country’s overall residential property price index rose by ... ( read original story ...)
Yokohama orders restaurant to close after E. coli sickens two diners
YOKOHAMA – The city of Yokohama ordered a grilled meat restaurant in the area to temporarily stop operation Wednesday after two people who had dined there turned out to be infected with the O-157 strain of the E. coli bacteria. The two — a teenaged ... ( read original story ...)
China’s Bay Area is a Property Mega-Market in Waiting
They project the highest population and property market growth over that period will be in ... from $1.38 trillion last year to $4.62 trillion by 2030, surpassing the Tokyo, New York and San Francisco metropolitan areas, the official Xinhua News Agency ... ( read original story ...)
Yokohama orders eatery to close after e. coli sickens two diners
YOKOHAMA – The city of Yokohama ordered a grilled meat restaurant in the area to temporarily stop operation Wednesday after two people who had dined there turned out to be infected with the O-157 strain of the E. coli bacteria. The two — a teenaged ... ( read original story ...)
Montreal mayor not worried that flights to Japan will boost foreign home sales
With more than 600 provincial companies having business links with Japan, the Asian market represents a big potential to expand their global footprint, she said at a news conference. While she has no forecast on the size of the potential economic boost ... ( read original story ...)
Astro Japan Property : AJA Full Year Results Presentation
Astro Japan Property Group is a listed property group which invests in the Japan real estate market. It currently holds interests in a portfolio comprising 29 retail, office, residential and hotel properties. Asset management services in Japan are ... ( read original story ...)
Astro Japan Property : Stapled Company Annual Financial Report FY17
Astro Japan Property Group (ASX: AJA) earlier today announced its full year results to 30 June 2017 which included the Annual Financial Report covering the operations of the Astro Group as a whole. In accordance with the Corporations Act 2001 (Cth), the ... ( read original story ...)
BOJ’s negative interest rate to promote banking consolidation and diversification
It remains to be seen if the Bank of Japan’s move will pay off, but results elsewhere have been encouraging The Bank of Japan’s unprecedented cut of interest rate down to negative territory aims at ending Japan’s chronic deflationary pressure. ( read original story ...)
BANK OF JAPAN : Japan’s key bond yield falls after BOJ buying operation
The yield on the benchmark 10-year Japanese government bond finished lower Wednesday as investors bought the debt after a Bank of Japan bond-buying operation saw solid demand. The yield on the No. 347, 0.1 percent issue, the main barometer of long-term ... ( read original story ...)
Business Class Awards to Tokyo Available Every Day in Summer
Air Canada announced new Montreal – Tokyo Narita service this morning operated by a Boeing 787. The flight will be daily during the summer and will operate 3 times a week in winter. Montral – Tokyo Narita, 2:05pm – 3:50pm+1, Air Canada AC005 Tokyo ... ( read original story ...)
Nikkei snaps 5-day losing streak, but Trump comments jangle nerves
TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average posted modest gains on Wednesday, snapping five straight days of losses that marked its longest losing streak since April 2016. The market was helped by a rebound in Wall Street shares overnight ... ( read original story ...)
Toshiba prioritizes talks with Western Digital on chips business sale: Nikkei
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. Shares in the conglomerate ... ( read original story ...)