Tokyo (Japan) (AFP) - Nearly half of Tokyo's residents can't name a single Paralympian and international sporting officials are worried about the city's readiness to accommodate athletes. As the 2020 Games approaches, the Japanese capital has work to do ... ( read original story ...)
Exclusive: Japanese, Chinese banks say rule changes may make their EU lending ‘unsustainable’ – letter
LONDON (Reuters) - The Japanese Bankers Association (JBA) and the China Banking Association (CBA) have joined forces to challenge proposed European Union regulations aimed at policing possible market risk posed by foreign lenders doing business in the bloc. ( read original story ...)
Japan to extend work permits to deal with acute labor shortage
TOKYO -- In a bid to increase the number of foreign workers to alleviate the country's labor shortage, Japan will introduce a new residency status for foreign technical intern trainees as early as April 2019. Foreign nationals who have finished a five-year ... ( read original story ...)
Financial bureau head admits official asked Moritomo to lie about reason for land discount
Finance Ministry Financial Bureau head Mitsuru Ota speaks during a House of Councillors Audit Committee meeting on April 9, 2018. (Mainichi) TOKYO -- Finance Ministry Financial Bureau head Mitsuru Ota revealed in April 9 testimony to the House of ... ( read original story ...)
During Tokyo visit, Ghana’s finance minister upbeat on future funding opportunities in Asia
Many African countries are starting to look toward Asia to develop deeper economic relationships and tap into the region’s abundant investment resources to fund development needs, Ghanaian Finance Minister Ken Ofori-Atta said Wednesday in an interview ... ( read original story ...)
Greenberg Traurig Grows Real Estate Practice in Tokyo with Structured Finance Attorney
Koh Ueda, a senior associate with significant experience in the structured financing of real estate projects, has joined the Real Estate Practice in the Tokyo office of global law firm Greenberg Traurig, LLP. He joins Greenberg Traurig from Nishimura ... ( read original story ...)
Japan finance ministry proposed cover story on land sale at heart of scandal: Official
TOKYO (REUTERS) - Japan's Finance Ministry proposed crafting a cover story with a school operator at the heart of a political scandal to justify a discount in the price of public land sold to the school, a ministry official said on Monday (April 9). ( read original story ...)
Japanese regional financial giant tosses ex-government officials
TOKYO -- Management at Concordia Financial Group, Japan's biggest regional banking conglomerate, will no longer be controlled by retirees from the Ministry of Finance -- first time in nearly seven decades for its subsidiary, Bank of Yokohama. The move ... ( read original story ...)
Ministry admits putting pressure on Moritomo to bend the truth
The Finance Ministry admitted in the Diet on April 9 that an official tried to persuade school operator Moritomo Gakuen to lie about the reason it was granted a massive discount for the sale of state-owned land in Osaka Prefecture. Mitsuru Ota, director ... ( read original story ...)
London Home Prices Now Offer Clues for Buyers in New York, Tokyo
Growing integration of financial markets is a key reason. Researchers took a look at 44 cities and 40 advanced and emerging-market economies, and found that globally low interest rates have helped to push up prices the world over. What’s more ... ( read original story ...)
Japan, Hong Kong to link central bank systems for easier cross-border trade
TOKYO (Reuters) - Japan and Hong Kong will connect their financial systems to immediately settle transactions involving assets denominated in their respective currencies, the Bank of Japan said on Tuesday, in what is likely the first such attempt by any ... ( read original story ...)
Making Your Experience at Park Hotel Tokyo More Memorable: “3 Concierges of OMOTENASHI” Launched
TOKYO, April 10, 2018 /PRNewswire/ -- Park Hotel Tokyo announced on April 10 that it has launched "3 Concierges of OMOTENASHI" that will showcase unique Japanese aesthetics as well as "omotenashi" Japanese hospitality starting in 2018. http://en ... ( read original story ...)
Tokyo stocks gain on Xi’s pledge to open Chinese economy
Tokyo stocks gained Tuesday as fears over a trade war between the US and China eased after Chinese President Xi Jinping pledged to open his country's economy further. The benchmark Nikkei 225 index rose 0.54 percent or 116.06 points to close at 21,794.32 ... ( read original story ...)
Nikkei shaky as investors nervously eye U.S.-China trade dispute
TOKYO, April 9 (Reuters) - Japan’s Nikkei share average was tentative on Monday as U.S. stock futures edged higher following a battering on Wall Street at the end of last week amid an escalating U.S.-China trade dispute. The Nikkei was effectively flat ... ( read original story ...)
Will The Bank Of Japan Normalize? And What If It Doesn’t?
The central banks of most developed economies joined the Federal Reserve in taking the first steps toward normalizing monetary policy in 2017. The Bank of Japan at first glance appears to be playing along by engaging in "stealth tapering" with its yield ... ( read original story ...)
Japan’s Nikkei soars after Xi’s speech bolsters risk appetite
TOKYO, April 10 (Reuters) - Japan’s Nikkei share average surged in late morning trade on Tuesday, as automakers rose after Chinese President Xi Jinping promised to lower import tariffs on products including cars this year. The comments come amid rising ... ( read original story ...)