Japan's top economic officials are scrambling to respond to the financial market turmoil unleashed by the U.S. presidential election. The country's finance ministry and central bank were holding an emergency meeting Wednesday afternoon after wild trading ... ( read original story ...)
Japan's top FX diplomat signals readiness to intervene as yen spikes
The finance minister makes the final decision on whether to intervene in the currency market. Asakawa later told reporters he would not comment on whether Japan will step into the market. Senior officials from the Ministry of Finance, Financial Services ... ( read original story ...)
Japan government will take steps in financial markets if needed – Suga
TOKYO (Reuters) - Japan's top government spokesman said on Wednesday the government would take steps in financial markets if needed as it watches for any excessive volatility. Chief Cabinet Secretary Yoshihide Suga made the comment at a news conference ... ( read original story ...)
Japan finance officials in emergency talks after U.S. election
HONG KONG (CNNMoney) - Japan's top economic officials are scrambling to respond to the financial market turmoil unleashed by the U.S. presidential election. The country's finance ministry and central bank were holding an emergency meeting Wednesday ... ( read original story ...)
Olympics: Sapporo shows 2026 Winter Games plan to JOC
Sapporo Mayor Katsuhiro Akimoto paid a call on Japanese Olympic Committee President Tsunekazu Takeda in Tokyo on Tuesday to present the city's plan for hosting the Winter Olympics and Paralympics in 2026. "I asked him to think about Japan's bidding to host ... ( read original story ...)
Sinkhole takes bite out of Japanese city
Parts of a main street collapsed in the heart of Fukuoka in southern Japan on Tuesday, creating a massive sinkhole and cutting off power, water and gas supplies to parts of the city. Stoplights and sidewalks tumbled more than 10 metres as the earth ... ( read original story ...)
Huge sinkhole swallows street in Fukuoka, Japan
A giant sinkhole swallowed a five-lane street in the centre of one of Japan's biggest cities on Tuesday morning. The collapse began at around 05:00 local time (20:00 GMT Monday) near Hakata Station, the busiest in Fukuoka city in the southern island of Kyushu. ( read original story ...)
Japan, South Korea reaffirm alliance with U.S. ahead of presidential election
the U.S.-Japan alliance is the axis of Japanese diplomacy," Japanese Foreign Minister Fumio Kishida told reporters on Tuesday, according to NHK and Kyodo news agency. Kishida also said that he had heard it is a "tight race" and that he will be "paying ... ( read original story ...)
Parts of street collapse in southern Japan city; no injuries
TOKYO -- Parts of a main street collapsed in the heart of a major city in southern Japan on Tuesday, creating a massive sinkhole and cutting off power, water and gas supplies to parts of the city. Authorities said no injuries were reported from the pre ... ( read original story ...)
Keio student held for pushing girlfriend off station platform in Yokohama
YOKOHAMA – The Kanagawa Prefectural Police on Sunday evening arrested a male Keio University student for pushing his girlfriend off a train platform and onto the tracks at Hiyoshi Station on the Tokyu Toyoko Line in Yokohama. Yuki Ozawa, 22, a third-year ... ( read original story ...)
British American Tobacco to test e-cigarette in Japan
TOKYO/LONDON (Reuters) - British American Tobacco PLC (BAT) plans to test a new tobacco-based cigarette alternative in Japan next month, it said on Tuesday, taking aim at Philip Morris International Inc's popular iQOS and Japan Tobacco Inc's Ploom ... ( read original story ...)
Japanese Journalist Detained in Iraq Released
A Japanese freelance journalist detained by local authorities in Iraq was released Monday after being suspected of being a member of the Islamic State group. Kosuke Tsuneoka was handed over by the authorities in the Kurdistan region in northern Iraq to the ... ( read original story ...)
Nissan's quarterly profit falls on weak Japan sales, yen
TOKYO -- Japanese automaker Nissan Motor Co. reported Monday that its profit fell 15 per cent in the July-September quarter. Strong sales in North America and China failed to make up for sluggish demand in Japan and a stronger yen. Profit in the last ... ( read original story ...)
The Latest: Kurds Deport Japanese Over Alleged IS Contacts
Japan's Kyodo News agency has previously said that Tsuneoka was a freelancer reporting on the battle to recapture the city of Mosul from the Islamic State group, and had been held by Kurdish military forces known as the peshmerga. 4 p.m. Iraqi officials ... ( read original story ...)
For Japan’s Government Bonds, It’s All Quiet on the Trading Front
Trading in Japan’s government-bond market has nose-dived in October, a month after the central bank announced plans to take more control of long-term interest rates. Average daily trading volume in the world’s second-biggest bond market fell to ¥792.7 ... ( read original story ...)
Why Japanese Banks Lack Deal Mojo
Struggling to make profits grow in their domestic lending businesses, Japan’s banks have languished. Add to their pain negative interest rates and meaty cost structures, and the future is visibly bleak. Yet, not much has been done about it. Bank stocks ... ( read original story ...)