Two Japanese cabinet ministers visited a controversial war shrine Wednesday, after a mass visit by lawmakers angered China and South Korea which see it as a painful reminder of Tokyo's past aggression. The ministers -- internal affairs chief Sanae Takaichi ... ( read original story ...)
Japanese Financial Institutions Face Gov Bonds Losses if Yields Rise
Japanese financial institutions with huge government bond holdings face large appraisal losses if yields rise, a Finance Ministry estimate showed Monday. If yields of outstanding bonds climb 1 percent across the board, the value of outstanding government ... ( read original story ...)
Killing Japan’s Bitcoin Sales Tax: Breaking Down the Implications
The Japanese Financial Services Agency (FSA) is set to hold an official meeting by the end of 2016 to end sales tax on Bitcoin. If passed, it will reduce prices at Japanese exchanges by 8%. National News Channels in Korea and Japan praised the FSA’s move. ( read original story ...)
Corporate Japan unimpressed with BOJ's latest attempt to spur growth – Reuters poll
But at the same time, companies are sitting on plenty of funds that they could invest if they were convinced of a brighter long-term future for Japan. Central bank data shows non-financial firms were sitting on a record 242 trillion yen (£1.96 trillion ... ( read original story ...)
Financial literacy key to boosting investment: BOJ survey
This is just one of the findings from a study done by the Central Council for Financial Services Information, a group within the Bank of Japan, that provides an in-depth look at the financial literacy of the Japanese people. The Financial Literacy Survey ... ( read original story ...)