Tokyo envisions bright future as world financial hub

TOKYO -- Tokyo's road map for becoming a global financial hub would slash taxes and dismantle regulatory hurdles, aiming to draw in 40 foreign companies by fiscal 2020 and support the national economy for years to come. Gov. Yuriko Koike will present ... ( read original story ...)

PM assures support for Japanese enterprises

As Japan’s major economic and industrial region, Kansai is home to 10 prefectures including three big cities of Osaka, Kyoto and Kobe with strength in manufacturing industry. The Kansai economic region is worth nearly 931 billion USD, focusing on garment ... ( read original story ...)

Nikkei edges up, but caution prevails ahead of global events

TOKYO, June 8 Japan's Nikkei share average hovered in positive terrain on Thursday, with the yen moving away from recent highs and Wall Street edging up, but market participants were on guard ahead of key events. The Nikkei was up 0.1 percent at 19,993.97 ... ( read original story ...)

Markets & Finance News

TOKYO Asian shares wobbled on Thursday as investors braced for any surprises from the UK elections, the European Central Bank's policy meeting and congressional testimony from ex-FBI director James Comey who was fired by President Donald Trump last month. ( read original story ...)

Noodle major Nissin to enter Chinese potato chip market

Osaka-based Nissin has earmarked Greater China as being central ... cup noodle recently announced plans to spin off its China and Hong Kong businesses in an IPO expected to raise some US$200m to fund more partnerships and acquisitions. ( read original story ...)

Vietnamese banks drawing closer to Japanese partners

One of the first Japanese companies investing in the Vietnamese banking industry was Mizuho Financial Group, which entered in the domestic market in 2012. Currently, Mizuho’s initial investment of $570 million has doubled in value. At a recent meeting ... ( read original story ...)

Japan, China take uneasy step toward warmer ties

TOKYO -- Relations between Japan and China are finally showing signs of thawing after a long winter, with talk of possible summits next year and Japanese Prime Minister Shinzo Abe offering cooperation on Beijing's Belt and Road Initiative. "When State ... ( read original story ...)

Japan to promote direct Asian currency exchanges

TOKYO -- Japan's Ministry of Finance seeks to create a market enabling direct exchanges of the yen and other Asian currencies without using the dollar as an intermediary, an idea that could reduce funding costs for financial institutions and businesses. ( read original story ...)