TOKYO -- A Japan-led nuclear power plant project in Turkey looks to cost more than twice as much as initially projected, highlighting challenges for Tokyo's push to export Japanese infrastructure. The Japanese and Turkish governments agreed on the public ... ( read original story ...)
Nikkei Rockwell: Japanese Food with a Twist (and Lots of Promos!)
We have looked far and wide for Japanese food with a twist here in Manila and we have finally found it. Serving more than just sushi and sashimi, this restaurant wants to differentiate itself by introducing a new type of cuisine-fusion in the country. ( read original story ...)
Japan’s import prices for daily goods sink further
TOKYO -- Import prices for apparel and daily goods in Japan plunged last year, as growing labor costs in China push companies to automate or move production to Southeast Asia. The price of imported clothing fell by 1.7%, the sharpest drop since a 2.1% ... ( read original story ...)
Ministry of Finance staff member found dead in apparent suicide in January
An employee of the Ministry of Finance committed suicide in a dormitory in Setagaya Ward in January (Twitter) TOKYO (TR) – A male staff member of the Ministry of Finance was found dead in an apparent suicide in Setagaya Ward in January, it was learned ... ( read original story ...)
Japan theme park to replace a third of staff with robots
TOKYO -- Japanese travel agency and resort operator H.I.S. plans ... Chairman and CEO Hideo Sawada said in an interview with Nikkei that he plans to reduce that number to about 800 by around 2021. The displaced workers "will be reassigned to growing ... ( read original story ...)
Japan finance minister to skip G20 as cronyism scandal balloons
Japan's finance minister will skip a G20 meeting next week, officials said Friday, to address parliament as pressure mounts over a cronyism scandal and alleged cover-up dogging the prime minister. Taro Aso "will concentrate on" dealing with parliament, and ... ( read original story ...)
Amazon Japan probe tests antitrust doctrine in new era
TOKYO -- Antitrust investigators raided Amazon Japan's offices Thursday over suspicions that the online retailer is muscling suppliers into subsidizing discounts on its platform, but determining whether the new-economy heavyweight truly engaged in unfair ... ( read original story ...)
Japan’s home-sharing registrations off to a rocky start
One in three municipalities in Japan plans to introduce restrictions on top of the ... 62.7% of respondents said in a Nikkei poll of around 100 home-sharers. Some 72.5% said they have no permit, and 27.5% said they will stop renting out their properties ... ( read original story ...)
Singapore Still World’s Costliest City; Paris, Zurich Second
After 31 Top Defaulters Flee, India Seeks to Shut the Gates Bandhan Bank IPO: Here’s All You Need To Know Gorakhpur ... cities identified in the report released this week. Tokyo and Osaka were conspicuous in their absence from the top 10, edged out ... ( read original story ...)
Hong Kong ranks fourth in Worldwide Cost of Living report
Asia is now home to three of the 10 most expensive cities in the world, down from five last year, as Japan’s Tokyo and Osaka were pushed out of the top ... China contributed the most non-US Initial Public Offerings (IPO) to the New York Stock Exchange ... ( read original story ...)
Japan finance minister to skip G20, attend parliamentary debate on controversial land sale: source
TOKYO (Reuters) - Japanese Finance Minister Taro Aso will not attend the Group of 20 finance leaders’ meeting in Buenos Aires next week due to parliamentary wrangling over altered documents in a suspected favoritism scandal, a ruling party source told ... ( read original story ...)
Japan PM’s office knew of possible problems with land deal documents
A ruling party source told Reuters on Thursday that Aso would not attend a meeting of Group of 20 finance leaders in Buenos Aires next week amid the wrangling in parliament. Japan is seeking exemptions from import tariffs planned by U.S. President Donald ... ( read original story ...)
Amazon Japan investigated for demanding ‘cooperation payments’
The regulator intends to clarify the details of the payment procedures. Amazon Japan said on Thursday that it is "fully cooperating" with the investigation. In February, Nikkei reported that Amazon Japan was seeking payments from its suppliers to cover the ... ( read original story ...)
Bandhan Bank IPO: 10 fast facts before you invest
The Master Trust Bank Of Japan Ltd, Blackrock India Equities (Mauritius), Amansa Holdings, ICICI Prudential, Neuberger Berman, Nomura Fund etc. • The book running lead managers of the Bandhan Bank IPO are Kotak Mahindra Capital Company, Axis Capital ... ( read original story ...)
Corporate Japan warms to pay raises this spring
TOKYO -- Leading Japanese companies are offering bigger pay increases this spring than in 2017, a Nikkei survey shows, as they seek to attract and keep the workers needed for success in an age of international competition for talent. About 70% of the 90 ... ( read original story ...)
Saudi Aramco IPO in serious trouble: NY out, London iffy and Tadawul risky
Japan and South Korea, the sources said, which would warrant the listing on Tadawul “I would guess it is about evens that there will be no international IPO,” a high-level source familiar with the preparations told Reuters. “The only thing we know ... ( read original story ...)