The Nankai Trough is where the Philippine Sea Plate dives beneath the Eurasian Plate on which Japan sits. The fault beneath the seafloor that underlies the trough has been the source of devastating earthquakes and tsunamis. The last big quake on the ... ( read original story ...)
Japan’s consumption uptick convincing no one
TOKYO -- Japan's government has upgraded its assessment of the economy for the first time in six months in light of healthy consumer spending -- though neither the cabinet, the business community nor the public seems truly confident that things are looking up. ( read original story ...)
Nikkei ends lower as stronger yen takes a toll, Takata shares plummet
TOKYO, June 22 Japan's Nikkei share average erased early modest gains on Thursday and edged down, as a stronger yen took its toll on market sentiment. The Nikkei ended 0.1 percent lower at 20,110.51, extending Wednesday's 0.5 percent decline and moving ... ( read original story ...)
Exploding airbag scandal pushes Japanese auto supplier Takata towards bankruptcy
It is now worth less than a quarter of its value from just a week ago when a report by Japan’s leading Nikkei business daily said it would seek bankruptcy protection and sell its assets to a US company. At Thursday’s close, the embattled stock had ... ( read original story ...)
Asia’s financial safety net is a work in progress
a port city south of Tokyo. Finance ministers and central bankers from the Association of Southeast Asian Nations, China, Japan and South Korea met on the sidelines of the event, but two men were conspicuously -- and tellingly -- absent: Chinese Finance ... ( read original story ...)
Japan Could Place Its Entire Property Registry on a Blockchain
The Japanese government is reportedly planning to unify all property and land registries across urban, farmland and forested areas in a single ledger powered by blockchain technology/ Get exclusive analysis of bitcoin and learn from our trading tutorials. ( read original story ...)
Batam, Yokohama to collaborate in urban development projects
The administration of Yokohama, Japan’s second largest city, expects to soon kick off several collaborative projects with the Batam municipal administration to promote sustainable development in Indonesia’s key business hub. Through the projects ... ( read original story ...)
Yokohama kicks off 2017 Ride and Drive Dealer Program
Yokohama Tire’s 2017 Ride and Drive Dealer Training Program – a five-city tour across the U.S. – kicked-off in Seattle, Washington. The annual program helps educate YTC dealers on Yokohama products while improving their driving skills. “The Ride ... ( read original story ...)
Nikkei slips as stronger yen takes a toll, Takata shares plummet
TOKYO, June 22 Japan's Nikkei share average erased early modest gains on Thursday and edged down, as a stronger yen took its toll on market sentiment. The Nikkei was down 0.1 percent at 20,118.25 at the end of morning trade, extending Wednesday's decline ... ( read original story ...)
SAWEA business mission visits Japan for water and wastewater technologies
The training center was built by Osaka Municipal Water Works Bureau for transferring ... and FO (Forward Osmosis) membrane and future business in Saudi Arabia. Following a lecture from Toyobo, they had a good chance to look about the manufacturing process ... ( read original story ...)
Japan Inc. bails out Toshiba by snapping up its $18B chip business
Toshiba plans to sell its prized memory chip business to a group of investors led by the Japanese government as it races to raise money to stave off financial ruin. The struggling Japanese conglomerate said Wednesday it has picked a bid worth about 2 ... ( read original story ...)
Spend Your Time Like the Locals! 10 Rental Properties Convenient for Sightseeing in Osaka
This time we’ll be introducing some recommended properties from the property rental site STAY JAPAN that are convenient for sightseeing in Osaka, close to major tourist areas, and lets you spend your time just like a local. From here you have excellent ... ( read original story ...)
Most Japan IPO stocks trading above offering price
TOKYO -- Share prices have climbed for companies going public in Japan in 2017, thanks to an inflow of money from individual investors and a bullish outlook toward startups. A company's initial public offering often generates early popularity that burns ... ( read original story ...)
Toshiba chooses US-Japan bidder for memory chip biz sale
Money-losing Toshiba Corp. said Wednesday that it has chosen a U.S.-Japan consortium as the preferred bidder in the sale of its lucrative memory chip business, but hurdles remain as an American joint-venture partner is opposing the move. Toshiba sorely ... ( read original story ...)
Canadian horses mistreated en route to slaughter in Japan, activist says
An animal rights group alleges that horses destined for slaughter were mistreated during transportation from Edmonton International Airport to Japan earlier this month. Karin Nelson from “Voice for Animals,” a non-profit organization dedicated to ... ( read original story ...)
EDITORIAL: Relentless effort needed to clear up Moritomo land scandal
The Osaka District Public Prosecutors Office searched the offices ... These cases came to light after Moritomo Gakuen’s purchase of government-owned land for a song. The Finance Ministry sold the property for 134 million yen ($1.2 million)--about 10 ... ( read original story ...)