TOKYO, Aug 9 (Reuters) - Japan's Nikkei share average tumbled to 2-1/2-month lows on Wednesday morning on escalating geopolitical tensions with North Korean, which boosted the safe-haven yen and knocked many stocks. The Nikkei dropped 1.3 percent to 19,738 ... ( read original story ...)
Japan’s Biggest Bank Is Looking for Overseas Talent
Andrew Mitola had never heard of Mitsubishi UFJ Financial Group Inc. until he met recruiters for the Japanese bank during his junior year of college. Now the New Jersey native is among the first to join Japan’s biggest lender under an overseas graduate ... ( read original story ...)
Japanese Bank Fined $600,000 for ‘Spoofing’ U.S. Futures Markets
Japan’s largest bank agreed to pay $600,000 to settle civil charges by the Commodity Futures Trading Commission that one of its traders repeatedly disrupted trading in futures markets for more than five years. The fine on Bank of Tokyo-Mitsubishi UFJ is ... ( read original story ...)
Nikkei skids to more than 2-month lows on rising North Korea risk
TOKYO, Aug 9 (Reuters) - Japan's Nikkei share average tumbled to more than a two-month low on Wednesday morning on escalating geopolitical tensions on the Korean peninsula, which boosted the safe-haven yen and knocked stocks across the board. The Nikkei ... ( read original story ...)
Indian Cities to See Fastest Growth in Asia Over Five Years
With financial and business services projected to be the fastest ... Japanese cities are likely to remain at the bottom amid a challenging demographic outlook, with Osaka last in the rankings as its working-age population falls by approximately 1 percent ... ( read original story ...)
The 10 Most Expensive Places To Live Around The World
Osaka is the second largest metropolitan area in Japan and ... With a dense history, Paris is still one of Europe’s major centres of finance, commerce, fashion, science, and the arts, and is one of the world’s top tourist destinations. ( read original story ...)
Sony’s Tech Gurus Are Creating Smart Leather, Self-Flying Drones and Electronic Paper Watches
With Sony back on solid financial footing, shown by its estimate-topping results ... One, Teppei Tsushima, already knew he wanted to work on smartwatches when he was at Osaka University. Within months of joining Sony in 2014, he corralled co-workers ... ( read original story ...)
Japanese Market Notably Lower
In the banking sector, Mitsubishi UFJ Financial and Sumitomo Mitsui Financial are both ... Sumco Corp. and Yokogawa Electric are losing more than 10 percent each, while Sumitomo Osaka Cement is down more than 8 percent. On the economic front, the Bank ... ( read original story ...)
Asian Markets Fall On Geopolitical Tensions
In the banking sector, Mitsubishi UFJ Financial and Sumitomo Mitsui Financial are both ... Sumco Corp. and Yokogawa Electric are losing more than 10 percent each, while Sumitomo Osaka Cement is down more than 8 percent. On the economic front, the Bank ... ( read original story ...)
MGM Resorts Taps Former US Diplomat to Lead Casino Licensing Effort in Japan
More liberalized market conditions have previously led to some lofty financial projections ... Nomura concluded by supporting Morningstar’s belief that Yokohama and Osaka are the most likely resort locations. ( read original story ...)
Inside Sony’s search for the next Walkman
With Sony back on solid financial footing, shown by its estimate-topping results ... One, Teppei Tsushima, already knew he wanted to work on smartwatches when he was at Osaka University. Within months of joining Sony in 2014, he corralled co-workers ... ( read original story ...)
The LDP’s tobacco addiction tells a much bigger story
This remains a puffer’s paradise, in part, because the Finance Ministry owns one-third of Japan Tobacco ... Abe is deflecting them on alleged cronyism from Osaka to Okayama. The gulf in political courage fits a pattern. Koike isn’t just looking ... ( read original story ...)
The Bank of Japan’s head deserves a second term
NEW YORK – U.S. President Donald Trump isn’t the only leader with a big economic hire to make. His Mar-a-Lago golf partner, Prime Minister Shinzo Abe, has to decide whether to reappoint Haruhiko Kuroda as governor of the Bank of Japan. Kuroda’s term ... ( read original story ...)
Mitsubishi UFJ Financial : Bank Of Tokyo-Mitsubishi UFJ To Pay $600,000 Fine To U.S. CFTC
TOKYO (dpa-AFX) - The U.S. Commodity Futures Trading Commission or CFTC issued an Order filing and settling charges against The Bank of Tokyo-Mitsubishi UFJ, Ltd. or BTMU for engaging in multiple acts of spoofing in a variety of futures contracts on the ... ( read original story ...)
Japan June Current Account Surplus Y934.6 Billion
Japan posted a current account surplus of 934.6 billion yen in June, the Ministry of Finance said on Tuesday. That beat forecasts for a surplus of 860.5 billion yen following the 1,653.9 billion yen surplus in May. The trade balance showed a surplus of 518 ... ( read original story ...)
Japan’s current account surplus expands to 10-year high in 1st half of year
Japan logged a current account surplus in the month of June alone marking the 36th successive month of black ink, the finance ministry said in its preliminary report. According to the ministry, the current account surplus in the recording month stood at ... ( read original story ...)