Mizuho Financial Group, Mizuho Bank, trading and investment firm Marubeni Corporation, and Sompo Japan Nipponkoa Insurance have completed a trade transaction between Australia and Japan using blockchain. The participants say all trade-related processes ... ( read original story ...)
REFILE-Nikkei recovers from 3-week low after BOJ boosts bond buying
TOKYO, July 7 Japan's Nikkei share average dropped to a three-week low on Friday morning after global shares tumbled, but investors wasted no time trimming losses after the Bank Of Japan raised its purchases of government bonds in its market operations. ( read original story ...)
Japan June services PMI rises to 53.3, highest since August 2015
TOKYO Activity in Japan's services sector accelerated from the previous month to expand at its fastest pace in almost two years, a private survey showed on Wednesday, in a sign that domestic consumption is in a healthy state. The Markit/Nikkei Japan ... ( read original story ...)
Japan 2016/17 corporate tax revenue down in blow to Abenomics
TOKYO Japan's corporate tax revenue fell to 10.3 trillion yen ($90 billion) for the last fiscal year, the lowest since fiscal 2012 when Prime Minister Shinzo Abe swept to power with a pledge to revive the moribund economy, the Ministry of Finance (MOF ... ( read original story ...)
Nikkei skids to near 3-week low as Korean tensions sap confidence
TOKYO, July 5 Japan's Nikkei share average slipped to its lowest level in nearly three weeks on Wednesday amid heightened tensions following North Korea's ballistic missile launch, while automakers managed to extend gains on encouraging sales. The Nikkei ... ( read original story ...)
Nikkei hit as N.Korea fires missile, reportedly prepares major announcement
The Nikkei dropped 0.1 per cent to 20,032.35 ... to digest," as stock markets in Asia turned lower on the escalating tensions. On the same day, Japan's Defence Ministry said that the intermediate-range ballistic missile launched by North Korea "greatly ... ( read original story ...)
-Japan reappoints FX tsar Asakawa, seeks consistency dealing with U.S.
TOKYO, July 4 (Reuters) - Japan's top currency diplomat has been appointed for another one-year term in a regular finance ministry reshuffle, underscoring a desire to maintain policy consistency as Tokyo faces potentially tough economic talks with the ... ( read original story ...)
Timeline of trading halts at stock exchanges and their customers
A software bug related to IPO auctions resulted in erroneous trades being processed ... dealing in Japanese index futures and individual stocks suddenly bombarded the Osaka bourse with thousands of sell orders for Nikkei 225 futures. The problem arose ... ( read original story ...)
Nikkei rises after yen weakens, but North Korea’s missile launch limits gains
TOKYO, July 4 Japan's Nikkei share average rose on Tuesday as upbeat U.S. data lifted the dollar against the yen, but geopolitical concerns soured sentiment after North Korea launched a missile. North Korea launched the ballistic missile from its western ... ( read original story ...)
Senior Finance Ministry official who defended government in Moritomo scandal given promotion
claimed that the Finance Ministry had already discarded key documents covering negotiations which led to an 86 percent discount for a parcel of government-owned land in Toyonaka, Osaka Prefecture, to Moritomo Gakuen in June 2016. Akie Abe, the wife of the ... ( read original story ...)
Japan to collect part of casino revenue to finance steps against gambling addiction
The government is considering collecting some of the revenue from casino operators mainly to finance measures to help prevent gambling addiction, sources said. The Diet enacted a law to legalize casinos in December amid ongoing public concerns over ... ( read original story ...)
NRF-Japan reappoints FX tsar Asakawa, seeks consistency dealing with U.S.
Japan's top currency diplomat has been appointed for another one-year term in a regular finance ministry reshuffle, underscoring a desire to maintain policy consistency as Tokyo faces potentially tough economic talks with the United States. Masatsugu ... ( read original story ...)
Japanese banking giant Sumitomo Mitsui to open Frankfurt office to avoid Brexit ‘disruption’
Japanese giant Sumitomo Mitsui Financial Group (SMFG) has become the third Japanese firm in less than a fortnight to unveil plans to open a business in Germany that will act as its EU hub following Brexit. The company, which has the headquarters for its ... ( read original story ...)
EU trade commissioner says EPA deal with Japan likely
TOKYO (AP) — Japan and the EU could forge a trade agreement later this week, Cecilia Malmstrom, the European Commissioner for Trade, said Monday. Malmstrom told reporters in Madrid she was hopeful the two sides would resolve remaining differences and ... ( read original story ...)
Tech newcomers help keep Japanese IPOs brisk
Many of these companies list on the Tokyo Stock Exchange's Mothers market. Many in the new IPO crop put a unique tech spin on services. Tsunagu Solutions, which listed last Friday, builds websites to recruit part-time workers. Tabikobo, which debuted in ... ( read original story ...)
Gov’t to buy back land sold to scandal-hit Moritomo Gakuen
A special investigation unit of the Osaka District Public Prosecutors Office is currently probing the shady land deal on suspicion of breach of trust, alleging that employees at the Finance Ministry's Kinki Local Finance Bureau sold the then state-owned ... ( read original story ...)