Japan begins licensing the sharing economy

TOKYO -- A licensing regime governing Japan's sharing economy is going into effect this month as the public and private sectors band together to foster a nascent industry. The sharing economy runs the gamut from ride-hailing to private home rentals -- the ... ( read original story ...)

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Nikkei falls further amid lack of trading incentives

The key Nikkei average lost further ground on the Tokyo Stock Exchange ... The Tokyo market lacked new factors to trade on after Japan’s “earnings reporting season was over,” said Yoshihiko Tabei, chief analyst at Naito Securities. ( read original story ...)

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Japan first-quarter corporate capex up 4.5 percent – MOF

TOKYO Japanese companies raised spending on plant and equipment in January-March by 4.5 percent from the same period last year, Ministry of Finance (MOF ... reading followed a preliminary estimate that Japan's economy grew an annualised 2.2 percent ... ( read original story ...)

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Yokohama mayor apologizes to boy bullied for being a Fukushima nuclear evacuee

YOKOHAMA – Yokohama Mayor Fumiko Hayashi on Wednesday apologized to a 13-year-old boy for the municipal government’s failure to act swiftly when he was bullied at a local elementary school after evacuating from Fukushima due to the 2011 nuclear ... ( read original story ...)

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Japan launches satellite for high-precision positioning system

Tokyo (AFP) - Japan on Thursday launched a satellite to help build a high-precision geolocation system that will complement the US-operated GPS. A H-IIA rocket blasted off at 9:17am (0017 GMT) from the Tanegashima space centre in southern Japan carrying ... ( read original story ...)

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Osaka-area airports enjoy revenue lift under private hands

Though Kansai Airports enjoyed a smooth ride in its initial year, the 37.3 billion yen annual payment through 2060 for the rights to operate the two Osaka-area airports is no small burden. "To stabilize its business, [Kansai Airports] should increase the ... ( read original story ...)

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On 70th anniversary, top business lobby looks at what distance to keep from politics

Japan's largest business lobby, the Japan Business Federation, commonly known as Keidanren, held a ceremony on May 31 marking the 70th anniversary of its foundation in the aftermath of World War II, looking back on its history of assisting the war-torn ... ( read original story ...)

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