It sounds like the unofficial theme of this year’s Tokyo Auto Show will be performance. Honda is one of the event’s headlining acts, and it’s bringing a brand-new concept car that puts a modern spin on its storied past. The Honda Sports EV Concept ... ( read original story ...)
Japan’s FSA gives official endorsement to 11 cryptocurrency exchanges
Tokyo: Japan's Financial Services Agency said on Friday it has approved 11 companies as operators of cryptocurrency exchanges, in a move that sets the country apart from its neighbours which are tightening their grip on virtual money. The Japanese ... ( read original story ...)
BRIEF-Tokyo TY Financial Group says establishment of Tokyo-based unit
* Says the new unit will be mainly engaged in business which is able to improve the convenience for bank users through technologies * Says the new unit will be capitalized at 50 million yen ( read original story ...)
Japan tries light touch in bringing cryptocurrencies out of regulatory limbo
TOKYO -- Japan has officially registered its first 11 exchanges for ... Tokyo has sought to create a safety net for users venturing into this emerging field of finance, hitherto free from the kind of industrywide rules binding other areas like banking ... ( read original story ...)
Lexus LC 500 review: German soul in the heart of Japan
Yokohama, Japan sits more than 5,500 miles to the east of Berlin, but locals need only look to the district of Motomachi to feel as though they’ve been whisked away to Germany. There, in the same Toyota plant that produced the fabled Lexus LFA seven ... ( read original story ...)
Asian fintech IPOs get investors fired up
TOKYO -- A pair of Asian fintech startups made big splashes ... The roughly 2.8 billion yen raised in the IPO will go toward advertising, investment in subsidiaries and other needs. Menmers of ZhongAn Online P & C Insurance pose for the photo session ... ( read original story ...)
Overseas tourists bring more traffic accidents to Japan
15, 45 days earlier than last year, according to the Japan Tourism Agency. Meanwhile, renting cars is expected to become even more popular among tourists. To ensure better experiences, they will need better guidance -- and to drive safely. Nikkei staff ... ( read original story ...)
Sushi groups merge to capitalise on Japan’s cheap dining trend
Both the Sushiro IPO and the merger, say bankers and other advisers involved in Japanese dealmaking, point to broader acceptance in the country about the use of private equity groups to restructure businesses and push consolidation in fragmented industries. ( read original story ...)
Bain is said to aim for Toshiba chip IPO as soon as 2020
The Bain group also plans to institute a stock option program at the memory business so employees will have an opportunity to profit in any IPO, they said ... Apple Inc., Dell Inc., SK Hynix Inc. and Japan’s Hoya Corp., while Toshiba itself will maintain ... ( read original story ...)
Japan’s snap election: what is behind Abe’s move?
That gentleman is also the leader of the Osaka branch of Nippon Kaigi - a reactionary ... as reported by the Japanese Finance Ministry. As the scandal unfolded, local officials became keener to talk, and soon Abe’s personal involvement in Moritomo ... ( read original story ...)
Nikkei scores its best month of 2017
in particular the escalation of tensions between North Korea and the U.S. Japan led the way regionally in September, with the Nikkei NIK, -0.03% notching its best month of 2017, rising 3.6%. It ended slightly lower on Friday, held back by a rebound in ... ( read original story ...)
Japan – Politics, Central Banking And The Nikkei 225
On Monday Japanese Prime Minister, Shinzo Abe, called a snap general election. During the press conference in which he made the announcement, he said:- It is my mission as prime minister to exert strong leadership abilities at a time when Japan faces ... ( read original story ...)
Japan Issues Licenses for 11 Bitcoin Exchanges
Japan's Financial Services Agency (FSA) has issued operating licenses to 11 bitcoin exchanges, the regulator announced today. This follows an amendment to the payment services law, which stated that all cryptocurrency exchanges should register with ... ( read original story ...)
Japan’s Consumer Prices Up for an 8th Month ahead of Carney, Draghi and a Heavy Economic Calendar to Drive the EUR, GBP and the USD
Macroeconomic data through the Asian session was on the heavier side this morning, with stats out of Japan including August’s household spending, retail sales, prelim industrial production and inflation numbers. While data out of Japan was mixed ... ( read original story ...)
Pressure builds on Japanese banks to deliver higher profits
The general consensus is that since the crisis of the late 1990s, Japan’s banking industry has done a commendable job in strengthening its collective balance sheet, improving asset quality, cutting costs and bolstering capital. Now all the industry needs ... ( read original story ...)
Bank of Japan : Outline of Outright Purchases of Japanese Government Securities
Scheduled dates of the auction at this moment are stated in the attachment. However, the Bank may increase the frequency as needed. Amount to be purchased The Bank will conduct purchases in a flexible manner, taking account of market conditions, aiming to ... ( read original story ...)