A Japanese lesson for Wall Street

Outside Japanese financial circles, the name Katsunobu Onogi is barely known. Among the Tokyo elite, however, “Onogi” evokes considerable emotion; he was the last president of Long-Term Credit Bank (LTCB), an institution which, until it collapsed ... ( read original story ...)

PH-Japan currency swap: Protection vs future risk

Last Friday, the BSP said it signed with the Minister of Finance of Japan, through the Bank of Japan, the Restatement Agreement for the third BSA. In a joint statement, the central banks said the deal “enables the Philippines to swap its local currency ... ( read original story ...)

Tokyo Olympic chief urges Yuriko Koike to focus on day job

“From my perspective what I can say is, I’d like her to devote all of her efforts to making a success of the Tokyo Olympics,” said Toshiro Muto, chief executive of the 2020 organising committee, in an interview with the Financial Times. “I’m ... ( read original story ...)

Japan and China send sweet words, for now

Yang later visited Japan. In early June, Abe delivered a lecture at the Future of Asia conference, sponsored by Nikkei Inc., and made clear Japan's readiness to cooperate with China's Silk Road initiative. In July, Abe held his fifth meeting with Xi ... ( read original story ...)

Finnair mulling more Japan routes as tourism climbs

The Finnish carrier has narrowed its choices of new Japanese destinations to two or three, CEO Pekka Vauramo told The Nikkei on a recent visit to Japan. Finnair already offers routes from Helsinki to Narita Airport near Tokyo, as well as Nagoya's Chubu ... ( read original story ...)

Japan’s Dentsu gets token $4,400 fine for excessive overtime

Yoshimasa Obayashi, a Tokyo-based attorney who handles karoshi, told the Nikkei Asian Review that his case load has not declined "at all." In the past year, he said he dealt with cases ranging from a medical doctor to a driver. On Wednesday, Japanese ... ( read original story ...)

BSP, Bank of Japan renew bilateral swap arrangement

MANILA, Philippines — The central banks of the Philippines and Japan renewed a deal for easier peso to yen – vice versa – transactions to further strengthen economic and trade ties between Manila and Tokyo. The Bangko Sentral ng Pilipinas (BSP ... ( read original story ...)

Mercedes’ Bottas set for gearbox penalty in Japan

SUZUKA, Japan, Oct 6 - Valtteri Bottas is set to drop five places on the grid for Sunday’s Japanese Grand Prix as the result of an unscheduled gearbox change on his Mercedes. Rules say a driver has to use one gearbox for six straight races. He can take ... ( read original story ...)