TOKYO -- Japan will lighten its float of government bonds in fiscal 2018 for an eighth straight year, the Finance Ministry decided Wednesday, anticipating that tax revenue growth will exceed the spending increase in the nation's budget. The JGB issuance ... ( read original story ...)
Japan to strengthen response to North Korean ‘ghost boats’
TOKYO -- With a record number of wooden boats drifting into coastal areas, the Japanese government is bolstering patrols and other measures to better respond to what are believed to be illegal fishing vessels from North Korea. A total of 83 such vessels ... ( read original story ...)
Japan stocks lower at close of trade; Nikkei 225 down 0.52%
Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1889 to 1447 and 207 ended unchanged. Shares in The Shizuoka ... ( read original story ...)
Sagawa’s IPO success could deliver a big long-run payoff
TOKYO -- SG Holdings, the parent company of Japanese parcel delivery specialist Sagawa Express, is basking in the glow of its successful initial public offering, a move that turns the page for a company that was in crisis not so long ago. Its shares, which ... ( read original story ...)
Japan Investigates Wrongdoing on $79 Billion Maglev Project
Scheduled to open its first leg in 2027, the maglev line will link Japan’s two biggest cities of Tokyo and Osaka upon completion in 2045. As part of Prime Minister Shinzo Abe’s push to export infrastructure technology, the government said last year ... ( read original story ...)
Japan’s SG Holdings debuts on Tokyo market in largest IPO of year
TOKYO -- SG Holdings, owner of Japan's second-largest parcel delivery company, Sagawa Express, made its debut on the Tokyo Stock Exchange's first section Wednesday, opening at 1,900 yen, 17% above its offering price of 1,620 yen. The opening price valued ... ( read original story ...)
Japan ending tax tied to ditching of acquired shell companies
TOKYO -- Japan looks to remove the tax liability often faced by businesses that eliminate shell companies inherited in foreign acquisitions, a change that would encourage strong and simple corporate structures while limiting the potential for tax avoidance. ( read original story ...)
Luxury brands lifting prices in Japan amid brisk demand
Tax-free shoppers increased 56% on the year to around 380,000 in October, according to the Japan Department Stores Association. The Nikkei Stock Average has reached its highest in 26 years, fueling hopes for consumption. "People tend to loosen their purse ... ( read original story ...)
Bank of Japan normalisation: too soon to consider?
Most forecasters thought they could dismiss the Bank of Japan from their 2018 lists of central banks to watch. Amid talk of a retreat from quantitative easing, the BoJ looked nailed on to maintain its “yield curve control” policy, putting off the idea ... ( read original story ...)
Two decades after Japan’s financial crisis
Behind the streamlining plans by the major banks is the sector’s difficult business climate. The ultra-low interest rates under the Bank of Japan’s unprecedented monetary easing policy have reduced the lending margin on bank loans, which is not ... ( read original story ...)
Japan to offer ride sharing as way to explore far-flung areas
TOKYO -- The government here will let people use personal cars to ferry tourists and other passengers for pay in a strategic special zone in western Japan, aiming to gauge the benefits of ride sharing in hopes that it will help sightseers venture outside ... ( read original story ...)
Japanese Internet exchange provider boosts interconnect service capacity with Coriant Groove solution
The Tokyo and Osaka network deployments include programmable 200G coherent optical transmission between multiple data center sites. The award-winning Coriant Grooveâ„¢ G30 is an innovative 1RU modular open transport solution for cloud, data center ... ( read original story ...)
Japanese co IRI files to raise NIS 44m in TASE IPO
The money raised will be used mostly for investments in startups in Israel and Japan. The Internet Research Institute (IRI), a Japanese company, is planning an IPO on the Tel Aviv Stock Exchange (TASE). The company wants to raise at least NIS 43.9 million ... ( read original story ...)
Baidu Japan will diagnose whether your website is China-friendly
TOKYO -- Imagine you are in charge of e-commerce at a Japanese company. You know that Chinese shoppers are visiting Japan in droves and you are eager to grab a piece of their wallets. So you create a slick Chinese-language website to promote your product ... ( read original story ...)
Brewer of Japan’s famed Dassai sake to open New York plant
YAMAGUCHI, Japan -- The brewer behind Japan's premium Dassai sake brand wants to sell high-quality but affordable bottles to the American masses, and it plans to open a large brewery in New York State to do it. Asahishuzo, the brewer, has been exporting ... ( read original story ...)
Capsule hotels: Japan’s latest growth sector
TOKYO -- Move over, salaryman, Japan's capsule hotels want to make room for guests willing to pay a bit more for a night's sleep. The minimalist facilities typically offer narrow, rectangular compartments for 2,000 yen to 3,000 yen ($18 to $26) a night. ( read original story ...)