TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has decided that a top finance ministry official accused of sexually harassing several female reporters must be fired, the daily Sankei newspaper reported on Monday, without citing a source. The weekly ... ( read original story ...)
Big in Japan: RE funds have poured $15B into the market since 2014
Between January 2014 and September 2017 alone, real estate funds have sunk about $15 billion into Japanese property markets, according to Bloomberg, with expectation that, thanks to the Bank of Japan, investment yields will stay high relative to government ... ( read original story ...)
Reliance Jio raises $500 million three Japanese banks via Samurai loans
Reliance Jio Infocomm Limited (RJIL) has reportedly raised $500 million from three Japanese banks – Bank of Tokyo Mitsubishi UFJ (MUFG), Sumitomo Mitsui Banking Corporation (SMBC) and Mizuho Bank – under a syndicated Samurai loan form. Reliance Jio ... ( read original story ...)
Japan to propose new framework to discuss trade with U.S.: Nikkei
TOKYO (Reuters) - Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, the Nikkei newspaper reported on Saturday. Economy Minister Toshimitsu Motegi is likely to lead the Japanese delegation ... ( read original story ...)
Japan’s financial watchdog inspects Suruga Bank: Nikkei
TOKYO (Reuters) - Japan’s financial watchdog has launched an on-site inspection of Suruga Bank Ltd (8358.T) in connection with loans it made to customers for housing investment, the Nikkei newspaper reported on Friday. The Financial Services Agency (FSA ... ( read original story ...)
Japan casino framework better than feared: MS
Banking group Morgan Stanley says the broad regulatory framework for Japan so far agreed between the governing coalition – the Liberal Democratic Party and Komeito – was “better than feared”. “The revenue tax rate of 30 percent is lower than ... ( read original story ...)
Reliance Jio plans to raise USD 500 million from Japanese banks
NEW DELHI: Telecom operator Reliance Jio is learnt to be in talks with three Japanese banks to raise USD 500 million (around Rs 3,250 crore) in debt. "Reliance Jio is in discussion with MUFG (formerly The Bank of Tokyo-Mitsubishi UFJ) , Mizuho Bank and ... ( read original story ...)
Japan’s economy likely stalled in first-quarter, but set to pick up again – Reuters poll
Despite a solid economy, consumer prices have been slow to recover and inflation remains well below the Bank of Japan’s 2 percent target. Economists projected the core consumer price index, which includes oil products but excludes fresh food, will rise ... ( read original story ...)
Nikkei rises helped by financials; posts 3rd week of gains
TOKYO: Japan's Nikkei share average rose on Friday as suggestions from U.S. President Donald Trump that a military strike on Syria may not be imminent supported investor sentiment and higher U.S. bond yields helped financial stocks. The Nikkei ended 0.6 ... ( read original story ...)
Sexual harassment claims hit Japan finance ministry
Japan's finance ministry was embroiled in a growing sexual harassment scandal on Friday after a magazine released what it said was audio of a senior bureaucrat sexually harassing a female journalist. The Shukan Shincho magazine reported earlier this week ... ( read original story ...)
Prosecutors not to pursue criminal case vs. Sagawa over Moritomo document scandal
OSAKA -- Prosecutors have apparently decided not to build a criminal case against former Financial Bureau chief Nobuhisa Sagawa and other Finance Ministry staff over the doctoring of ministry documents related to the sale of state land to Moritomo Gakuen ... ( read original story ...)
Nikkei rises as risk appetite recovers; heads for 3rd week of gains
TOKYO, April 13 (Reuters) - Japan’s Nikkei share average rose on Friday morning as suggestions from U.S. President Donald Trump that a military strike on Syria may not be imminent supported investor sentiment and higher U.S. bond yields helped financial ... ( read original story ...)
Japan’s Central Bank Is Investing in Firms That Empower Women
In the latest attempt by Japanese state bodies to change the way the country’s companies behave, the Bank of Japan has decided to put money in an index of firms selected because of the way they treat women. The BOJ has added the MSCI Japan Empowering ... ( read original story ...)
Investors stand to gain from Japan’s corporate governance reforms
In the coming months, Japan is set to reach another important milestone in its path toward improving the business environment with the first set of revisions to the 2015 Corporate Governance Code. The changes -- which focus on unwinding cross shareholdings ... ( read original story ...)
BOJ upbeat on regional Japan but wary over labor shortage, trade risk
TOKYO (Reuters) - The Bank of Japan mostly held an optimistic view on regional economies, in a sign of its conviction over a broadening recovery but warned that labor shortages and a U.S.-China trade war could cloud the outlook. The central bank’s ... ( read original story ...)
Nikkei down on Syria woes, earnings drive the retail sector
TOKYO, April 12 (Reuters) - Japanese stocks pulled back on Thursday as worries about possible U.S. military action against Syria curbed investor risk appetite, while earnings reports kept the retail sector in the spot light. The Nikkei share average ended ... ( read original story ...)