But despite the popularity of internet banking, the retail bank experience in Japan appears little changed from a decade or two ago. Personal attention to the customer and a thick, sturdy passbook are still regarded as hallmarks of quality in Japan's banks ... ( read original story ...)
G20 Finance Ministers to Meet in Fukuoka in 2019
The central government has announced that Osaka will host the 2019 G20 summit next year. However the meeting of the G20 finance ministers and central bank governors will be held in Fukuoka City. Both Fukuoka Prefecture and Aichi Prefecture were in ... ( read original story ...)
GIC says Japan must improve corporate governance
GIC Chief Executive Lim Chow Kiat said in an email reply to questions posed by Nikkei Asian Review that while Japanese Prime Minister Shinzo Abe administration's has implemented structural reforms, Corporate Japan needs to ensure sustainable changes for ... ( read original story ...)
Singapore’s GIC says Japan must improve corporate governance
GIC Chief Executive Lim Chow Kiat said in an email reply to questions from The Nikkei Asian Review that while Prime Minister Shinzo Abe's administration has implemented structural reforms, corporate Japan needs to ensure sustainable improvements. ( read original story ...)
Japan’s top financial diplomat voices concern on strong yen
TOKYO -- Japan's point man on currency diplomacy sees the ... "I cannot help but assess the [yen] movements as one-sided," Masatsugu Asakawa, vice minister of finance for international affairs, told The Nikkei in an interview Tuesday. ( read original story ...)
Japan’s Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) - Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. ( read original story ...)
Japan’s cryptocurrency industry to embrace self-regulation
Japan's cryptocurrency industry has lacked a unified voice ... a member of both existing industry groups and will not be a part of the new organization. Nikkei group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Japan’s Sony to form alliance to build taxi-hailing system -Nikkei
Sony Corp looks set to become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system, the Nikkei newspaper reported. Japan is ... ( read original story ...)
Japan’s top financial diplomat puts strong yen on notice
TOKYO -- Japan's point man on currency diplomacy sees the yen's recent ... vice minister of finance for international affairs, told The Nikkei in an interview Tuesday. He nonetheless indicated plans to reaffirm the agreement among the Group of 20 major ... ( read original story ...)
Japan to host G-20 summit in Osaka in 2019
The G-20 presidency is currently held by Argentina. In the past, the city of Osaka hosted the summit meeting of the Asia-Pacific Economic Cooperation forum in November 1995 and the Group of Eight finance ministers' meeting in June 2008. The administration ... ( read original story ...)
Government picks Osaka as venue for G-20 summit in 2019: sources
Osaka has been selected as the venue for the 2019 summit meeting ... Fukuoka is expected to host a summit for finance ministers and central bank chiefs from the G-20 economies. The summit date will likely be set for sometime between June and November ... ( read original story ...)
Uber focuses on filling Japan’s ride-hailing void
The Nikkei reported on Monday that the U.S. company is negotiating to add taxi operator Daiichi Koutsu Sangyo's vehicles to its network. "The Japanese taxi industry is [high] quality but it suffers from low utilization rates," Khosrowshahi said. ( read original story ...)
How Japan’s Central Bank Policy Is Driving Speculation About Stimulus
When the Bank of Japan reduced its purchases of government bonds in January, some investors saw it as another sign that the bank was scaling back its massive monetary stimulus program. The BOJ disagrees with that interpretation, but in February the bond ... ( read original story ...)
Sony to launch a ride-hailing app in Japan as Uber CEO signals further push in the country
Sony announced partnerships with several taxi firms to start a ride-hailing service in Japan on Tuesday. Hours later, Uber's CEO Dara Khosrowshahi signaled his company's intention to expand further into the country. Sony's ride-hailing service will be ... ( read original story ...)
360-degree Virtual Reality Videos Launched to Experience Charms of Tokyo and Hiroshima Prefecture
TOKYO, Feb. 20, 2018 /PRNewswire/ -- In an effort to encourage individual foreign travelers in Tokyo to venture on to the Chugoku and Shikoku regions with little stress, the Tokyo Metropolitan Government has mapped out sightseeing routes originating from ... ( read original story ...)
Japan January export growth points to continued economic recovery
TOKYO (Reuters) - Japan’s exports grew in January for a 14th straight month ... continued to underpin growth in the world’s third largest economy. Ministry of Finance (MOF) data showed on Monday that exports grew 12.2 percent in January from a year ... ( read original story ...)