Tokyo stocks surge on receding trade war woes

Stocks soared Tuesday on the Tokyo Stock Exchange, with concerns over a U.S.-China ... the Nikkei rose further in the afternoon, after former Ministry of Finance official Nobuhisa Sagawa in a sworn Diet testimony denied there were instructions from the ... ( read original story ...)

Kagoike says detainment is to keep him quiet about scandal

The Asahi Shimbun in February 2017 broke the news that Moritomo Gakuen received a huge discount on its purchase of state-owned land in Toyonaka, Osaka Prefecture, in 2016. Kagoike told the politicians that after the report was published, a Finance Ministry ... ( read original story ...)

Kagoike sticks to his guns in interview at detention house

Yasunori Kagoike said his recollections of a remark by the wife of Prime Minister Shinzo Abe, as recorded in a formal Finance Ministry document, were “correct.” Three opposition lawmakers traveled to Osaka on March 23 to interview Kagoike at the Osaka ... ( read original story ...)

Tourists’ unpaid medical bills take toll on Japanese hospitals

TOKYO -- As Japan enjoys booming inbound tourism, hospitals are seeing more cases of nonpayment by foreign travelers who fall ill but lack insurance coverage, prompting an alarmed government to consider a response. According to a 2016 survey by the health ... ( read original story ...)

Nikkei drops to 6-month low on global trade worries

Japan’s Nikkei share average dropped to a six-month low on Monday morning while the yen rose to near a 16-month peak, on persistent worries about a global trade war, although some stocks were in demand before they go ex-dividend this week. The Nikkei ... ( read original story ...)

How one woman opened up Vietnam to Japan’s consumer goods

"Many young Vietnamese dream about running their own businesses, rather than becoming employees and doing what they are told to do," Le said in an interview with the Nikkei Asian Review. Her own goal is to enable her compatriots to enjoy Japanese lifestyle ... ( read original story ...)

Japan companies hungry for more business experience on boards

TOKYO -- Japan's listed companies are increasingly eager for people with senior management experience to sit on their boards as outside directors. With large shareholders such as asset managers pressing the companies they invest in to appoint directors ... ( read original story ...)

Pawnshop Sou launches IPO to tap Japan’s luxury item boom

The resale of Hermes bags, brand-name jewelry and other luxury items is a thriving industry in Japan, with one critical bottleneck: Building inventory is tough. Sou Inc. offers a solution: pawnshops dedicated only to buying up secondhand merchandise. ( read original story ...)

Trump’s tariff snub clouds US relations with Japan

TOKYO -- Japan has crafted its diplomatic and economic strategy around the close relationship Prime Minister Shinzo Abe has forged with U.S. President Donald Trump, but it appears those bonds are becoming frayed by trade frictions. "I'll talk to Prime ... ( read original story ...)

Japan flooded with refugee filings by tourists and trainees

TOKYO -- A host of tourists and work trainees in Japan sought refugee status in Japan last year, fueling a jump in applications. The applicant count rose about 80% on the year to 19,629 in Ministry of Justice statistics released Friday -- a record high in ... ( read original story ...)