TOKYO -- Japan could be on the verge of exporting its first piece of finished defense equipment. The government is considering sales of the Air Self-Defense Force's latest transport aircraft, the C-2, to the United Arab Emirates, The Nikkei learned on ... ( read original story ...)
Killer robots: Labor-saving tech may bust Japan’s jobs boom
Robots could perform 30% of roughly 2,000 unique job activities humans are paid to do, joint research by The Nikkei and the Financial Times shows. In Japan, that share tops 50%. Recruit Works Institute, part of Tokyo-based Recruit Holdings, estimates that ... ( read original story ...)
Japan carmakers taking $12.8bn-plus hit on Takata recalls
TOKYO -- Losses sustained by Japanese automakers from the recall of faulty Takata air bags are slated to top 1.4 trillion yen ($12.8 billion), according to figures that include an estimate from Subaru, the last of the pack to release such a number. ( read original story ...)
In defense of Japan’s misunderstood young generation
Ask someone for examples of young Japanese who are known internationally, they might name a few athletes -- at best. Ask them to name some young Japanese entrepreneurs, and they are likely to come up empty. There is a widespread perception that the youth ... ( read original story ...)
Mizuho Taps IBM Japan To Enhance Its Risk Management Efforts
Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as ... ( read original story ...)
Nikkei rises as dollar-yen steady; activity thin before Jackson Hole
TOKYO, Aug 25 (Reuters) - Japan's Nikkei share average rose on Friday morning as the dollar was steady against the yen, but activity was subdued as investors waited on speeches at the central bankers' symposium in Jackson Hole, Wyoming, that began on Thursday. ( read original story ...)
Former Vice Finance Minister Tadashi Ogawa dies at 77
Former Vice Finance Minister and Bank of Yokohama President Tadashi Ogawa died of esophageal cancer on Monday at a Tokyo hospital, a source familiar with the matter said Thursday. He was 77. A Tokyo native, Ogawa joined the ministry in 1962 and served as ... ( read original story ...)
Money Forward, Japan’s SaaS accounting startup, files for IPO
Tokyo-based Money Forward, Japan’s leading SaaS (software as a service) accounting startup, announced today that its IPO application to the Tokyo Stock Exchange (TSE) has been approved. The company will be listed on the TSE Mothers Market on 29 September ... ( read original story ...)
Tokyo Stock Exchange hopes new entrants can revive stagnant solar trust markets
TOKYO, Aug 18 (Reuters) - The Tokyo Stock Exchange's (TSE ... while Ichigo Green is trading 0.5 percent above the IPO price as of Friday. Many investors like solar projects because they offer stable long-term returns and benefit from government subsidies ... ( read original story ...)
Populism fails to catch fire in Japan
Japan is unfavorable terrain for populists ... That sounds like a leader who could be popular, if not a populist. Shotaro Tani, is a Nikkei staff writer in Tokyo. ( read original story ...)
Blurred photos poke holes in defense of land sale to Moritomo
The Finance Ministry has argued that it reduced the price of the plot in Toyonaka, Osaka Prefecture, because of the large amount of waste that had to be removed from the land. It shared photos of the site with the Ministry of Land, Infrastructure ... ( read original story ...)
Mitsui Sumitomo to buy Singapore insurer for $1.6B in SEAsia growth push
SINGAPORE/TOKYO — Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous Southeast Asia – a key ... ( read original story ...)
BOJ’s negative interest rate to promote banking consolidation and diversification
It remains to be seen if the Bank of Japan’s move will pay off, but results elsewhere have been encouraging The Bank of Japan’s unprecedented cut of interest rate down to negative territory aims at ending Japan’s chronic deflationary pressure. ( read original story ...)
BANK OF JAPAN : Japan’s key bond yield falls after BOJ buying operation
The yield on the benchmark 10-year Japanese government bond finished lower Wednesday as investors bought the debt after a Bank of Japan bond-buying operation saw solid demand. The yield on the No. 347, 0.1 percent issue, the main barometer of long-term ... ( read original story ...)
Nikkei snaps 5-day losing streak, but Trump comments jangle nerves
TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average posted modest gains on Wednesday, snapping five straight days of losses that marked its longest losing streak since April 2016. The market was helped by a rebound in Wall Street shares overnight ... ( read original story ...)
Toshiba prioritizes talks with Western Digital on chips business sale: Nikkei
TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. Shares in the conglomerate ... ( read original story ...)