TOKYO -- Smugglers allegedly pocketed about 3.2 billion yen ($28.8 million) by selling untaxed gold brought into Japan via South Korea by couriers recruited online, marking the latest in a rash of similar cases with links to East Asia, sources close to the ... ( read original story ...)
Nikkei rises in line with Wall Street gains; financials rally
TOKYO, May 17 (Reuters) - Japan’s Nikkei share average followed U.S. stocks higher on Thursday morning after Wall Street gained overnight, with financial stocks rallying on an increase in U.S. bond yields. The Nikkei gained 0.5 percent to 22,824.73 in ... ( read original story ...)
Japan shares lower at close of trade; Nikkei 225 down 0.44%
Investing.com – Japan equities were lower at the close on Wednesday, as losses in the Shipbuilding, Real Estate and Finance & Investment sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 lost 0.44%. Declining stocks outnumbered rising ... ( read original story ...)
Japan stocks higher at close of trade; Nikkei 225 up 0.53%
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Transportation Equipment, Pharmaceutical Industry and Textile sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.53%. Rising stocks outnumbered ... ( read original story ...)
European shares gain, Asia lower on weak Japan GDP data
ASIA'S DAY: Japan's Nikkei 225 stock index lost 0.4 per cent to 22,712.23 and the Kospi in South Korea edged less than 0.1 per cent higher to 2,459.82. Hong Kong's Hang Seng slipped 0.1 per cent to 31,110.20, but the S&P ASX 200 added 0.2 per cent to 6,107.00. ( read original story ...)
Bank of Japan inflation target recedes as consumers resist price rises
TOKYO (Reuters) - Japan’s core consumer price growth slowed in April for a second straight month, showing little of the inflationary momentum needed to reach the central bank’s elusive 2 percent target. The weakness in April inflation is particularly ... ( read original story ...)
Japan threatens $409M in tariffs on US
Japan is threatening new tariffs on the US in retaliation for President Trump’s trade moves. Yahoo Finance’s Alexis Christoforous and Dion Rabouin have more. ( read original story ...)
Japan Display’s annual net loss jumps nearly eight-fold to $2.3 billion
opted for OLED screens in its latest high-end iPhone X and bought them from Samsung Electronics Co Ltd. Japan Display has said it wants to start mass-producing OLED screens to better compete with Samsung, and that it needs a partner who can help finance ... ( read original story ...)
I tried a robot companion for a week in Japan
If you're planning to go to Japan by yourself, fear not, RoBoHon is here. This humanoid robot can hold short conversations with humans and is marketed in Japan as a device that could possible replace your cellphone. Now, it's available for tourists ... ( read original story ...)
Japan Finance Minister Taro Aso apologises for saying sexual harassment not a crime
TOKYO - Japan's gaffe-prone Deputy Prime Minister Taro Aso apologised on Friday (May 11) for saying that "sexual harassment is not a crime", in a remark that has been slammed by fellow Cabinet minister Seiko Noda as callous and insensitive. "There is no ... ( read original story ...)
Japan official dev’t assistance deal for Marawi rehabilitation signed
THE government has signed an official development assistance (ODA) grant agreement with Japan for the rehabilitation and reconstruction of Marawi City worth 2 billion yen, or nearly P970 million. Finance Secretary Carlos G. Dominguez III signed the grant ... ( read original story ...)
Japan’s first-quarter GDP growth seen slowing sharply in setback for ‘Abenomics’
A sharp slowdown could also add to the headaches of a premier grappling with domestic issues such as suspected favouritism, declining support, and opposition pressure for his finance minister to resign. A slowdown could also call the Bank of Japan's rosy ... ( read original story ...)
PNG to benefit from Public Private Climate finance from Japan in 2020
Papua New Guinea stands to benefit from the ¥1.3 trillion of public private climate finance, that Japan will provide come 2020. Japan’s director of Japan’s Climate Change Tomoaki Ishigaki in an interview said this climate finance project is 1.3 ... ( read original story ...)
Japan’s Inflation Slows for a Second Month in Blow to BOJ
(Bloomberg) -- The Bank of Japan’s key inflation gauge showed that price gains slowed for a second straight month in April, underscoring the central bank’s struggles to hit its 2 percent inflation target. Highlights Core consumer prices, which exclude ... ( read original story ...)
ANZ to exit Cambodian venture with stake sale to Japan’s J Trust
(Reuters) - Australia and New Zealand Banking Group (ANZ.AX) has agreed to sell its 55 percent stake in a Cambodian joint venture to Japan’s J Trust (8508.T), as the lender exits a string of minority holdings to streamline its capital requirements. ( read original story ...)
Japanese banking giant plans large-scale trial of own cryptocurrency ‘MUFG Coin’: Report
The banking arm of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is planning to test its own cryptocurrency as early as 2019, CoinTelegraph reported referring to a report from local news outlet NHK. The reports of MUFG exploring its own ... ( read original story ...)