Tokyo (AFP) - A record number of tourists visited Japan last year, the government said Friday, as the country gears up to welcome the world to the Olympic Games in Tokyo in 2020. Some 28.7 million foreign tourists entered Japan in 2017, meaning the country ... ( read original story ...)
Nikkei nearly flat, Fast Retailing’s gains offset weak exporters
TOKYO, Jan 12 (Reuters) - Japan's Nikkei share average was nearly flat on Friday morning, with weakness in exporters countered by strong gains in index-heavy Fast Retailing after the clothing company posted record quarterly profit. The Nikkei edged 0.1 ... ( read original story ...)
Japanese nursing care provider eyes Vietnam
NAGANO, Japan -- The Nozomi Group, an operator of nursing care and medical facilities in Komoro, Nagano Prefecture, is to look into running similar businesses in Vietnam, where the population is rapidly aging. In April, Nozomi and Vietnam's government will ... ( read original story ...)
Asian shares rise on Wall St, oil gains; Nikkei dips on yen
HONG KONG (AP) — Most Asian stocks markets are higher after Wall Street's latest record close. Japan's Nikkei 225 recovered from early losses to gain 0.1 percent. Hong Kong's Hang Seng and the Shanghai Composite index also advanced. KEEPING SCORE ... ( read original story ...)
Japan’s Banks Are Yet to Grow a Taper Tail
Soon, Japanese banks may no longer be the cheapest in the world. The yield-curve control undertaken by the nation's central bank has done lasting damage. Data compiled by Bloomberg on financial institutions with a market capitalization of $10 billion or ... ( read original story ...)
Takashi Kurai meets Finance Minister
ISLAMABAD: Ambassador of Japan, Mr. Takashi KURAI, called on the Minister of State for Finance Rana Muhammad Afzal Khan here on Thursday. Mr. KURAI congratulated the Minister on assuming his responsibilities. He praised the efforts made by Pakistan to ... ( read original story ...)
Hong Kong, London, New York shortlisted for Aramco IPO, Toronto out: sources
The initial public offering (IPO) will also include the Saudi stock exchange, Tadawul, and is still set for late 2018, the sources said. The shortlist means Tokyo, Singapore and Toronto are no longer in the running for what is likely to be the world's ... ( read original story ...)
REPORT: Hong Kong, London, and New York have been shortlisted for Saudi Aramco’s $2 trillion IPO
The shortlist means Tokyo, Singapore and Toronto are no longer in the running for what is likely to be the world's biggest IPO. DUBAI/LONDON (Reuters) - Saudi Arabia has shortlisted New York, London and Hong Kong - singly or in a combination of two or even ... ( read original story ...)
Japan expands missile defense with eye on China, Russia
KAUAI, U.S. -- As Japan looks to bolster missile defenses with the Aegis Ashore surface-to-air system, citing North Korean threats, the growing attack capability of China and Russia appears also to be driving Tokyo's decision. Defense Minister Itsunori ... ( read original story ...)
Japan’s journey to budget surplus gets 2 years longer
TOKYO -- Japan's goal of reaching a primary budget surplus, a measure that excludes debt service costs, is new expected to recede to fiscal 2027 as Shinzo Abe's government seeks to divert tax revenue meant to reduce borrowing to social programs. ( read original story ...)
Saudi bourse ‘taking all measures’ for successful Aramco IPO
The IPO of the world’s largest oil exporter has drawn interest from international stock exchanges in New York, London, Hong Kong, Singapore, Tokyo and Toronto and even spurred US President Donald Trump and UK Prime Minister Theresa May to lobby for the ... ( read original story ...)
China, Japan Criticize Canada’s Bid to Play North Korea Mediator
Japan, South Korea, India and Sweden are among those invited. China and Russia -- who supported the North Korea side during the war -- were not. Meanwhile, a Japanese foreign ministry official questioned the need for including countries as distant as ... ( read original story ...)
Irasshaimase* Japan! W Hotels Scheduled To Debut In Osaka In 2021
"In 2020, Japan will capture the global spotlight ... the availability of capital to finance hotel growth and refurbishment; and other risk factors that the company identifies in its most recent quarterly report on Form 10-Q or annual report on Form ... ( read original story ...)
Weak earnings push Japanese regional banks toward crisis
TOKYO -- Japan's regional banks are under increasing scrutiny from the country's regulators as their earnings deteriorate due to the Bank of Japan's negative interest-rate policy and a declining population, even while local economic activity starts to pick up. ( read original story ...)
Aramco is said to seek $2bn from Japan’s export agency
Japanese lenders are jostling for position to arrange the loan as a way of getting closer to Aramco and potentially win a role in the IPO, two of the people said. Spokesmen at Aramco and the JBIC declined to comment. The UK government agreed to a $2 ... ( read original story ...)
Nikkei pauses after sharp gains; financial stocks rise
Index-heavy stocks such as chip equipment maker Tokyo Electron tumbled 1.7 per cent. TOKYO: Japan's Nikkei share average took a breather on Wednesday after sharp gains, with some index-heavy stocks losing ground after the index hit a 26-year high in the ... ( read original story ...)