Japan on Tuesday moved a mobile missile-defense system on the northern island of Hokkaido to a base near recent North Korean missile flyover routes. Defense Minister Itsunori Onodera said a Patriot Advanced Capability-3 interceptor unit was deployed at the ... ( read original story ...)
DIARY-Top Economic Events to Nov 29
FRANKFURT - ECB Governing Council meeting. No interest rate announcements scheduled. TOKYO - Bank of Japan monetary policy meeting (to September 21). THURSDAY, SEPTEMBER 21 FRANKFURT - ECB Board member Peter Praet chairing the policy panel at the ECB ... ( read original story ...)
Shizuoka Bank Ltd (8355) Moves Up 3.22% on Sep 19
When the Global Financial Crisis of 2008 broke out; the Japanese equity market is one of those that had taken a great hit. In October 2008, the Nikkei 225 had sunk below the 7,000 mark, down by about 80% from its all-time high. Shizuoka Bank Ltd is a stock ... ( read original story ...)
Japanese bank executive alarmed by N Korea’s missile launch
North Korea’s recent missile launch over Japan did not elicit much reaction from the markets, though executives did express concern. The chairman of Japan’s largest bank warned that North Korea’s missile launch on Friday must be a cause for worry. ( read original story ...)
As Japanese banks shed ATMs, convenience stores take up the slack
TOKYO -- With convenience stores almost everywhere in Japan -- many with automated teller machines -- there is less reason than ever for customers to seek out bank-operated ATMs. In a country where many people still prefer to use cash, Japanese banks for ... ( read original story ...)
Global Economy Week Ahead: Fed and Bank of Japan Meetings, Eurozone PMI
Central banks will be in the spotlight this week, with the Federal Reserve and Bank of Japan releasing policy statements. The U.S. also will see existing-home sales data and jobless claims figures that could reflect hurricane damage. WEDNESDAY: The ... ( read original story ...)
Japan exports seen rising anew in August
TOKYO: Japan’s exports were expected to rise for a ninth straight month in August, a Reuters poll showed on Friday, underscoring the important role of foreign demand in driving economic recovery. Analysts also expect the Bank of Japan to keep policy ... ( read original story ...)
MUFG CEO on Dimon Remarks: Bank Cryptocurrencies Have ‘Nothing to Do With Bitcoin’
The chief executive of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is seeking to differentiate a blockchain project his bank is involved with from bitcoin following notable comments last week from JPMorgan's Jamie Dimon. "In short the ... ( read original story ...)
Tokyo Steel says to raise product prices for second month
TOKYO, Sept 19 (Reuters) - Tokyo Steel Manufacturing Co Ltd , Japan's top electric-arc furnace steelmaker, said on Tuesday it would raise its product prices for a second month in October due to higher overseas prices and a tight domestic market. The ... ( read original story ...)
Asian shares mixed as Nikkei rises on yen, muted elsewhere
KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.5 percent to 20,197.56 in early trading, coming off a national holiday Monday. Australia's S&P/ASX 200 edged up nearly 0.1 percent to 5,724.70. South Korea's Kospi lost 0.2 percent to 2,413.48. ( read original story ...)
Nikkei rises to 2-1/2 month high on weak yen, snap election hope
TOKYO, Sept 19 (Reuters) - Japan’s Nikkei share average rose to 2-1/2 month highs on Tuesday as investor confidence was boosted by a weakening yen and strong U.S. shares, lifting cyclical stocks such as exporters and financial companies. The Nikkei ... ( read original story ...)
Nagoya teen brings 100 paper insects to life at an art exhibit
With just a pair of scissors and plain drawing paper, Shinichiro Ishikawa, a 15-year-old high school student from Nagoya, can quickly create lifelike cutouts of insects such as a pink mantis poised to take down its prey or a yellow swallowtail butterfly ... ( read original story ...)
Angelique Kerber exorcises New York demons in Tokyo
Wimbledon champion and new women's world number one Garbine Muguruza heads a strong field in Tokyo featuring several top 10 players including Karolina Pliskova, Caroline Wozniacki and Johanna Konta. Get latest news & live updates on the go on your pc with ... ( read original story ...)
Money20/20 Asia invites attendees to their Tokyo Roadshow
Taking place at the Global Business Hub in the heart of Tokyo, the Money20/20 Tokyo roadshow aims to engage with and learn from the Japanese FinTech ecosystem in advance of the inaugural Money20/20 Asia conference - to be held in Singapore, March 13-15 th ... ( read original story ...)
Japan’s Undervalued Companies Offer Opportunities
Despite the recent uptick in domestic economic activity in Japan, we doubt that domestically driven growth opportunities are sustainable. Given our view that structural reform in Japan will be slow, we still prefer companies with global expansion ... ( read original story ...)
From Tokyo to Ahmedabad: The world of bullet trains
When and where was the first high-speed train built? Japan inaugurated its high-speed line between Tokyo and Osaka in 1964. The famous Shinkansen 'bullet train' (named for its shape)+ could reach a speed of 210 kmph. People wave flags as the first train of ... ( read original story ...)