TOKYO (Reuters) - Finance Minister Taro Aso said on Tuesday that Japan will host a G20 financial leaders’ meeting in Fukuoka, western Japan, over June 8-9 next year. Japan will chair next year’s G20 leaders’ summit meeting in the western Japanese ... ( read original story ...)
Nikkei ends flat; hopes for BOJ’s ETF-buying offset weaker financials
TOKYO, May 7 (Reuters) - Japan’s Nikkei share average ended flat in choppy trade on Monday as hopes that the central bank would buy exchange-traded funds offset weakness in financials which were hit by falling U.S. yields. The Nikkei ended little changed ... ( read original story ...)
Protest staged in Tokyo over Finance Minister Aso’s handling of sexual harassment case
TOKYO -- Some 90 demonstrators gathered in front of the Ministry of Finance late on May 7 to protest Finance Minister Taro Aso's handling of a sexual harassment case involving a former top ministry bureaucrat and a female television reporter. The protest ... ( read original story ...)
Regulatory battle heats up over future of Japan’s regional banks
Shinwa Bank. But the Fair Trade Commission (FTC), Japan’s antitrust watchdog, has objected to the takeover since 2016 on the grounds that the merged entity would control about 70 percent of the lending market in Nagasaki, which it says would limit ... ( read original story ...)
Japan central bank may hold off on stimulus exit for years: ex-BOJ official
TOKYO (Reuters) - The Bank of Japan’s decision to drop a timeframe for hitting its inflation target shows it is losing confidence in its price outlook and could mean it puts off exiting easy policy for years to come, a former central bank executive said. ( read original story ...)
Tokyo stocks end flat in midst of corporate results season
Tokyo stocks closed flat Monday in sluggish trading as investors ... SoftBank Group was down 0.34 percent at 8,461 yen after the Financial Times reported that negotiations for the Japanese group to obtain an equity share in reinsurance firm Swiss Re ... ( read original story ...)
Nikkei drops on firmer yen; financials slip on falling U.S. yields
TOKYO, May 7 (Reuters) - Japan’s Nikkei share average dropped on Monday morning in choppy trade as investors returning from Golden Week holidays worried that the stronger yen could impact companies earnings estimates, while financials weakened on falling ... ( read original story ...)
Cryptocurrency exchanges step away from Japan and Hong Kong
Kraken, a San Francisco-based exchange, in April announced that it will stop offering its services to residents of Japan. The exchange will cease accepting deposits from the country, one of the biggest markets for digital coin trading, around the middle of ... ( read original story ...)
Japan juices efforts for new electric-vehicle battery
TOKYO -- Leading Japanese manufacturers have teamed up with the government in a program to develop solid-state batteries, which are expected to power the electric vehicles of the future. Kicking off in May, the program teams the Consortium for Lithium Ion ... ( read original story ...)
Why the Bank of Japan could still shock markets
As a political noose tightens around Japanese Prime Minister Shinzo Abe’s premiership in Tokyo, investors are buzzing about something else tightening – Japanese monetary policy. No, not because the Bank of Japan is getting closer to 2 per cent ... ( read original story ...)
Japan fleshes out crypto market rules to prevent Coincheck 2.0
TOKYO -- Japan's Financial Services Agency is imposing stricter review ... aiming to forestall another digital currency heist like the Coincheck scandal that grabbed headlines in January, Nikkei has learned. "We need to introduce a new perspective in ... ( read original story ...)
Japan, China, South Korea to urge complete denuclearization of North Korea
TOKYO (Kyodo) -- The leaders of Japan, China and South Korea plan to issue a joint document next week focused on trilateral cooperation for the denuclearization of North Korea in a "complete, verifiable and irreversible" way, Japanese government sources ... ( read original story ...)
Japan, unlike the West, is not scared of robots stealing jobs, deputy leader says
Japan's labor force do not mind robots in factories because they're seen as a source of help, Japanese Deputy Prime Minister and Minister of Finance Taro Aso said. Japan, the world's third-largest economy, is home to a rapidly shrinking population that's ... ( read original story ...)
The Yamazaki crisis — Japanese whisky is going dry
TOKYO -- Bottles of high-end Japanese whisky are put on display every day at the entrance of Japan's largest duty-free shop in Haneda Airport. But there is one problem: it is nearly impossible to buy one. "These days, we can secure just 12 bottles of ... ( read original story ...)
Japan’s Nikkei sags as automakers slip on softer U.S. sales
TOKYO, May 2 (Reuters) - Japan’s Nikkei share average dipped on Wednesday, weighed by weaker automakers, although the dollar’s rise to three-month highs versus the yen and positive sentiment toward tech stocks helped curb some of the losses. The Nikkei ... ( read original story ...)
Japan’s Nikkei slips ahead of Fed; automakers, Fujifilm retreat
TOKYO, May 2 (Reuters) - Japan’s Nikkei share average slipped on Wednesday amid caution ahead of the Federal Reserve’s policy decision and U.S. jobs data, although the dollar’s rise against the yen and positive sentiment toward tech stocks helped ... ( read original story ...)