60% of Japanese corporate chiefs oppose delaying fiscal reform

TOKYO -- More than 60% of Japanese business leaders are against Prime Minister Shinzo Abe's plan to push back a key fiscal-health target, a Nikkei survey shows, indicating a deep wariness toward his commitment to reducing the nation's heavy debt load. ( read original story ...)

Japan wrangles over new target date for balancing budget

Change of plans Japan's primary balance indicates the ability of the national and local governments to offset spending with revenue without relying on debt. Even by the most generous official estimates, moving the primary balance into the black by March ... ( read original story ...)

Japan’s big banks plan digital currency launch

A consortium of banks, led by Mizuho Financial Group and Japan Post Bank, has won support from the country’s central bank and financial regulator to launch the J Coin, an electronic currency to pay for goods and transfer money using smartphones. ( read original story ...)

Tokyo Global Financial Center Under the Spotlight Again

Japan has long endeavored to develop its capital, Tokyo, as one of the top global financial — given the status of the Japanese yen as the third international currency after the U.S. dollar and the euro; and large financial markets with abundant capital. ( read original story ...)

Philippine government tries to lure private Japanese investment

TOKYO -- The Philippine government has called on cash-rich Japanese companies to invest more in the country, with senior officials and the central bank governor making the case for the fast-growing economy at a seminar in Tokyo. To attract that cash ... ( read original story ...)

Japan’s Abe calls snap election

TOKYO -- Japan is set for an October election ... The general public seems to agree. According to a Nikkei/TV Tokyo survey conducted between Sept. 22 and 24, the LDP enjoys support levels of 44%, no other party in the Diet has more than 10%. ( read original story ...)

Japan Post follow-up offering priced below 2015 IPO

TOKYO -- The second-round float of shares in government-owned Japan Post Holdings will have a price of 1,322 yen each, the Ministry of Finance said Monday, choosing a discount at the low end of its planned range. This week's release consists of a 1.3 ... ( read original story ...)

Old and deadly: Japan’s drive to beat elderly road menace

Kanuma (Japan) (AFP) - A series of fatal crashes caused by elderly drivers in Japan has left authorities desperately grappling for ways to clamp down on a problem that experts warn is only going to get worse as the population ages. Drivers over 65 were ... ( read original story ...)