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 ...)
Japan, Hong Kong Central Banks Link For Faster Payments
The central banks of Japan and Hong Kong are interconnecting their systems to support faster cross-border payments and trade between the two markets, according to Reuters reports on Tuesday (April 10). The Bank of Japan announced the plans that reports ... ( read original story ...)
Tokyo works to boost Paralympic profile before 2020 Games
Tokyo (Japan) (AFP) - Nearly half of Tokyo's residents can't name a single Paralympian and international sporting officials are worried about the city's readiness to accommodate athletes. As the 2020 Games approaches, the Japanese capital has work to do ... ( read original story ...)
Exclusive: Japanese, Chinese banks say rule changes may make their EU lending ‘unsustainable’ – letter
LONDON (Reuters) - The Japanese Bankers Association (JBA) and the China Banking Association (CBA) have joined forces to challenge proposed European Union regulations aimed at policing possible market risk posed by foreign lenders doing business in the bloc. ( read original story ...)
Japan to extend work permits to deal with acute labor shortage
TOKYO -- In a bid to increase the number of foreign workers to alleviate the country's labor shortage, Japan will introduce a new residency status for foreign technical intern trainees as early as April 2019. Foreign nationals who have finished a five-year ... ( read original story ...)
Financial bureau head admits official asked Moritomo to lie about reason for land discount
Finance Ministry Financial Bureau head Mitsuru Ota speaks during a House of Councillors Audit Committee meeting on April 9, 2018. (Mainichi) TOKYO -- Finance Ministry Financial Bureau head Mitsuru Ota revealed in April 9 testimony to the House of ... ( read original story ...)
During Tokyo visit, Ghana’s finance minister upbeat on future funding opportunities in Asia
Many African countries are starting to look toward Asia to develop deeper economic relationships and tap into the region’s abundant investment resources to fund development needs, Ghanaian Finance Minister Ken Ofori-Atta said Wednesday in an interview ... ( read original story ...)
Greenberg Traurig Grows Real Estate Practice in Tokyo with Structured Finance Attorney
Koh Ueda, a senior associate with significant experience in the structured financing of real estate projects, has joined the Real Estate Practice in the Tokyo office of global law firm Greenberg Traurig, LLP. He joins Greenberg Traurig from Nishimura ... ( read original story ...)