Private equity pouring in Mumbai's afluent Napean Sea area. Image:... Dotonbori, a popular nightlife and entertainment area in Osaka, Japan. Asian cities lorded over the Economist Intelligence Unit’s Worldwide Cost of Living report, out last week. ( read original story ...)
Japan-Saudi ties strengthen after King Salman’s visit
offering such encouragement as that the TSE is one of the highly probable IPO venues to sell shares in Aramco. Only six foreign companies are currently listed on the TSE, a drop from more than 100 during Japan’s late-1980s asset-inflated economic growth ... ( read original story ...)
Medals for 2020 Tokyo Olympics to be made of recycled metal
TOKYO -- Organizers of the 2020 Tokyo Olympics have begun collecting discarded electronic devices that will be used in the production of the medals to be awarded to athletes. Japanese Olympic swimmer Takeshi Matsuda and Paralympian Takuro Yamada attended a ... ( read original story ...)
Japan's go AI program shows progress despite losses
The players faced off in a round robin at the Japanese go organization Nihon Ki-in's Osaka headquarters on March 21-23, with the cooperation of Nikkei Inc. South Korea's Park Jeong-hwan came out the winner, prevailing in all three matches. "The toughest ... ( read original story ...)
Tight Japanese labor market constricting growth
TOKYO -- Despite a tightening job market that is putting upward pressure on wages, growth in Japan remains stubbornly slow as a labor shortage constrains business activity while part-timers and temps hesitate to loosen their purse strings. The unemployment ... ( read original story ...)
Bank of Japan Holds the Accommodative Line While Inflation Remains Sub-2%
The Japanese Yen has been on somewhat of a rollercoaster ever since Presidential Elections in the United States. After a rather consistent run of weakness against the Greenback in the month and a half after the start of the ‘Trump Bump’, USD/JPY ... ( read original story ...)
JAPAN: Nikkei corrects -0.8% overnight as USD backs off vs Yen
10:33a APAC Closing Prices: #ASX 5864.90 -0.53% #NIKKEI 18909.26 -0.81% #HSI 24111.5.. 10:13a Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikk.. 09:59a Asian Market Update: #Nikkei drops to over 7-week closing low as investors lo. ( read original story ...)
Big in Japan? Hope at home for Toshiba's nuclear arm after U.S. debacle
TOKYO The bankruptcy of Westinghouse Electric Co may be a blow to Toshiba Corp's (6502.T) international nuclear ambitions, but the Japanese conglomerate still has a profitable business at home. Toshiba, whose businesses range from memory chips to rail ... ( read original story ...)
Astro Japan Property : AJA asset manager sells interest in J-REIT manager
Astro Japan Property Group (ASX: AJA) today announced that its Japan asset manager, Spring Investment Co., Ltd (Spring), in which AJA has a 25% interest, has disposed of its shareholding in Sekisui House SI Asset Management, Ltd. (SSA). SSA is the manager ... ( read original story ...)
New chief of Japan's SMBC bank 'actively studying' acquisition of US bank
TOKYO The new head of Japan's Sumitomo Mitsui Banking Corp (SMBC) said it is "actively studying" an acquisition of a U.S. bank, as part of efforts to seek a reliable dollar funding source for future growth. Securing cheap, stable dollar funding has been a ... ( read original story ...)
Japanese fleet returns from Antarctic hunt with 333 whales
Japan's whaling fleet returned home Friday after killing 333 whales in the Antarctic, achieving its goal for the second year under a revised research whaling program. The Fisheries Agency said the five-ship fleet finished its four-month expedition without ... ( read original story ...)
BRIEF-Japan Retail Fund Investment sells property and buys property
Says it sold Fukuoka-based property for 6.08 billion yen as planned on Jan. 26 * Says it buys Osaka-based property for 9.98 billion yen as planned on Feb. 27 Source text in Japanese:goo.gl/cFze6v; goo.gl/0rkKa2 Further company coverage: (Beijing Headline News) ( read original story ...)
Osaka investigators search Moritomo Gakuen over dubious cost estimates
OSAKA – Osaka officials Friday launched an on-site investigation into allegations of fraud involving private school operator Moritomo Gakuen’s construction costs for a new elementary school. The prefectural investigation comes as Diet members weigh ... ( read original story ...)
Understanding Japan's unique 'scrap and build' design culture
Sarah Ichioka, a Japanese-American urbanist currently based in Singapore and former director of the Architecture Foundation in London, explains how earthquakes and tsunamis forge a unique context: "This unstable environment has created a culture that ... ( read original story ...)
UPDATE 1-Japan Post Bank seeks approval to sell retail loans
TOKYO, March 31 Japan Post Bank Co Ltd, the country's biggest bank by assets, on Friday said it will seek regulatory permission to sell unsecured retail loans, as it hunts for higher returns in an environment of ultra-low interest rates. The bank aims to ... ( read original story ...)
BANK OF JAPAN : Main events scheduled for April 3-9
-- Japan Automobile Dealers Association to release new motor vehicle sales figures for fiscal 2016 and for March on car-model basis. -- Cabinet Office to release survey on consumer trends for March. -- Japan Automobile Importers Association to release ... ( read original story ...)