Japan's hawkish defence minister prayed Thursday at a controversial war shrine in Tokyo the day after accompanying Prime Minister Shinzo Abe on a symbolic visit of reconciliation to Pearl Harbor, drawing condemnation from China and South Korea. Yasukuni ... ( read original story ...)
Japan's defence minister visits Yasukuni shrine after Pearl Harbor
Japan's Kyodo News service reported that Abe, who was golfing outside Tokyo, refused comment when asked about Inada's visit. The defence minister doffed her shoes on her way into the shrine, and afterward told waiting journalists, "Regardless of ... ( read original story ...)
Japan's Nomura sees opportunities from Trump's pro-business agenda
TOKYO Nomura Holdings Inc (8604.T) sees opportunities in the pro-business stance of U.S. president-elect Donald Trump, though his protectionist tilt brings uncertainty to the global economy, said the chief of Japan's biggest brokerage and investment bank. ( read original story ...)
Writedown fears wipe $5-billion off Toshiba’s value as it weighs options
Toshiba said late on Tuesday that cost overruns at a U.S. nuclear business it bought from Chicago Bridge & Iron ... falling 20 per cent to hit the Tokyo exchange’s daily downward limit. That follows a 12 per cent drop on Monday after initial warnings ... ( read original story ...)
Trump takes credit from Japanese mogul for 8,000 jobs
Donald Trump on Wednesday touted plans by a Japanese mogul to bring 8,000 jobs to the United ... "We believe it is critical for business and government to partner together to create more job opportunities in the U.S. and ensure prosperity for all Americans ... ( read original story ...)
Tokyo follows Wall Street fall as Toshiba stocks plunge again
Tokyo followed Wall Street lower Thursday and oil edged down from recent highs as Toshiba's stock plunged for the third straight day. The Dow receded after nearing the historic 20,000 benchmark with shares of some banks falling more than one percent after ... ( read original story ...)
Head of Japan's largest ad agency resigns over 'death by overwork'
TOKYO (Reuters) - The president of Dentsu Inc , Japan's largest advertising agency, will step down over the "death by overwork" of a young employee, a suicide which has prompted official probes and fresh hand-wringing over Japan's overtime culture. ( read original story ...)
The top Japan news stories of 2016
The Japan Times newsroom selected these national news stories as the most important of 2016 ... atomic bombs and called for the elimination of nuclear weapons. People in Tokyo watch a speech by Emperor Akihito on Aug. 8. | BLOOMBERG 2. ( read original story ...)
BOJ Kuroda sees steady Japan recovery next year – Nikkei
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said he expects Japan's economy to enjoy a steady recovery throughout next year as global headwinds die down, according to the Nikkei newspaper, reinforcing market expectations that the central bank ... ( read original story ...)
Nikkei drops to near 3-week low hit by weak Wall St, strong yen
TOKYO Dec 29 Japan's Nikkei share average fell to a near three-week low on Thursday as weakness on Wall Street and a stronger yen hurt sentiment, but Takata Corp surged 16 percent on news that it could settle U.S. criminal charges over defective air bags. ( read original story ...)
Japan Inc. taking responsibility for work reform
TOKYO -- The resignation of Dentsu's president over an employee's overwork-related suicide shows that Japanese corporate management is taking the issue of work conditions seriously, acknowledging the need to revise practices and prioritize the well-being ... ( read original story ...)
Dollar dips, Nikkei slugged by Toshiba selloff
Japan's Nikkei shed 1.3 percent as the yen firmed and Toshiba Corp dived 16 percent after news of potential massive writedowns led to a downgrade of its credit ratings. S&P said it expected shareholder equity to "drastically shrink", eroding the ... ( read original story ...)
Top 3 ETFs to Track the Nikkei in 2017 (JPNH, HJPX)
Among exchange-traded funds (ETFs) that seek to provide exposure to Japanese markets, ETFs that track the Nikkei are fairly rare. Many ETFs that track the Japanese market track the MSCI Japan Index, the Nasdaq AlphaDEX Japan Index, or the FTSE Japan 100% ... ( read original story ...)
Hong Kong and New York battle for IPO dominance
Tokyo and Copenhagen rounded out the top with $9.6bn and $ ... Hopes for improvement rest heavily on the tech sector. Heading the 2017 IPO list is Snap, the messaging app readying for a New York listing as soon as March. Bankers will be seeking a repeat ... ( read original story ...)
Tokyo ends flat as Toshiba shares plunge again
Tokyo shares ended flat Wednesday despite Toshiba's second straight double-digit plunge, in quiet Asian trading before the New Year, while US crude oil finally ended a winning streak. Stock in the troubled Japanese conglomerate plummeted more than 20 ... ( read original story ...)
Japanese exec resigning after overworked worker's suicide
President Tadashi Ishii said at a Tokyo news conference he will tender his resignation at a board meeting in January although he will stay through March as a courtesy to shareholders. Earlier Wednesday, government authorities filed papers demanding ... ( read original story ...)