The revolution to drive the Internet of Value is gaining more momentum as Japan Bank Consortium (JBC) — a collection of 61 Japan-based bank members brought together by SBI Holdings and SBI Ripple Asia — announced that it’s made progress to become ... ( read original story ...)
Instant cup noodle maker 32 times oversubscribed
Osaka-based Nissin Food, which produces frozen food products, is also the second largest dim sum company in the SAR in terms of retail sales volume and value. Meanwhile, AK Medical is seeking to raise up to HK$500 million in a Hong Kong IPO by issuing 250 ... ( read original story ...)
Japan eyes easy consumer access to personal data
TOKYO -- Japan looks to ensure that individuals have access to their personal data collected by businesses, seeking to prevent information from being isolated by a few companies and also promote the development of new services. The country's trade and ... ( read original story ...)
Japan eyes air-to-surface missiles that would put North Korea in range
TOKYO -- Japan looks to deploy its first air-to-surface missiles in the coming years as a means of deterring North Korea from further weapons testing, bringing Pyongyang's missile bases within Tokyo's military reach. The Ministry of Defense will request ... ( read original story ...)
Leading Japanese Internet Exchange Provider Boosts Interconnect Service Capacity in Tokyo and Osaka with Coriant Groove Solution
The Tokyo and Osaka network deployments include programmable 200G coherent optical transmission between multiple data center sites. “JPIX is playing a vital role as the core of Japan’s Internet with an advanced network infrastructure optimized for the ... ( read original story ...)
Blame Japanese Banks for the Flat Treasury Curve, Citigroup Says
And Japanese buyers are now nursing losses on FX-hedged U.S. bonds ... according to a popular view on Wall Street. Deutsche Bank AG strategists back-tested this theory using a model projecting pension allocation trends against equity performance. ( read original story ...)
Audit finds no grounds for massive discount in Osaka land sale involving Abe-linked school operator
The Finance Ministry originally estimated the value of the 8,770-square-meter lot in Toyonaka, Osaka Prefecture, at ¥956 million. The land deal, first reported by the Asahi Shimbun newspaper earlier this year, has drawn particular attention because the ... ( read original story ...)
Tokyo Financial Exchange Plans for Bitcoin Futures Launch
Taking a cue from its U.S. rivals, the Tokyo Financial Exchange is now preparing to launch its own bitcoin derivatives futures product. The Tokyo Financial Exchange, one of Japan’s leading financial exchanges that counts the likes of JPMorgan Chase among ... ( read original story ...)
Japan’s manufacturers must rebuild their damaged reputations
The trust that Japan's manufacturing industry has spent decades building up is being eroded. Shortcomings in quality control exposed at Kobe Steel and Nissan Motor have now been found at subsidiaries of Mitsubishi Materials and Toray Industries. ( read original story ...)
Japan Display affiliate becomes nation’s first to commercially sell OLED screens
TOKYO (Reuters) - An affiliate of Japan Display Inc sold its inaugural batch of OLED screens on Tuesday, becoming the first Japanese company to commercialize an advanced technology that is currently dominated by South Korean rivals. JOLED ... ( read original story ...)
Bank of Japan Tapers (Quietly), QE Party Over
No flashy announcement, to avoid alarming the markets. After years of blistering asset purchases, the Bank of Japan disclosed today that it held a total of ¥521.6 trillion in assets as of November 30, including Japanese Government Bonds (JGBs), gold ... ( read original story ...)
Tokyo Financial Exchange Takes First Step Toward Bitcoin Futures
One of Japan’s leading financial exchanges is starting preparations to launch bitcoin derivatives, echoing U.S. rivals that plan to list contracts tracking the cryptocurrency as soon as this month. Tokyo Financial Exchange Inc., which counts JPMorgan ... ( read original story ...)
Japan wants missiles with enough range to strike North Korea-sources
TOKYO, Dec 5 (Reuters) - Japan is preparing to acquire precision air-launched missiles that for the first time would give it the capability to strike North Korean missile sites, two sources with direct knowledge of the matter said. Japan plans to put money ... ( read original story ...)
Sagawa Express parent to be Japan’s largest IPO this year
TOKYO -- SG Holdings announced an offering price of 1,620 yen ... The offering will not be used to raise capital through newly issued shares. "The IPO is meant to help acquire first-class talent as we look toward expanding Asian operations," said Tadashi ... ( read original story ...)
Japan boosting missile defense to face North Korean threat
TOKYO -- Japan will overhaul its missile intercept command system starting in fiscal 2018 to cope with advancements in North Korea's weapons technology, such as faster-descending missiles launched at a steeper trajectory. The Japan Aerospace Defense Ground ... ( read original story ...)
Japan oil majors on track to beat profit forecasts
Japan's largest oil major, JXTG Holdings ... Idemitsu advanced as high as 3,965 yen, nearing its year-to-date high set in March. The Nikkei subindex for oil also reached its highest level in roughly 10 years. Analyst projections are also increasingly ... ( read original story ...)