Developing games for the Nintendo Switch just got way more affordable. At the Game Creators Conference 2017 in Osaka, Japan, Nintendo announced that Switch development kits would only cost 50,000 yen, or roughly $450. More: Nintendo’s Switch is one ... ( read original story ...)
DIARY-Top Economic Events to March 29
... to speak on "Looking Back on 10 Years at the Federal Reserve Bank of Atlanta" before the 2017 Banking Outlook Conference - 1335 GMT. YAMANASHI, Japan - Bank of Japan policy board member, Takahide Kiuchi, to meet with business leaders. MONDAY, FEBRUARY ... ( read original story ...)
SMBC head says will give Toshiba as much support as possible
TOKYO Sumitomo Mitsui Banking Corp (SMBC), one of the main lenders to Toshiba Corp (6502.T), will provide as much support as possible to the troubled Japanese firm, the bank's chief executive said. The TVs-to-nuclear conglomerate is scrambling for cash to ... ( read original story ...)
Bank For International Settlements Warns Of Looming Debt Bubble
aka the central bank of central banks, noted on Friday that over the last 16 years, debts of governments, households and corporations has gone up…everywhere. In the U.S., debt is up 63%. The Eurozone, Japan, U.K., Canada and Australia average around 52%. ( read original story ...)
Japan-US: When will the Don start asking for protection money?
such as the Government Pension Investment Fund and the Japan Bank for International Cooperation. Many of the projects and figures come from pre-existing private sector initiatives, but these two government organisations have acted as Abe’s purse ... ( read original story ...)
German bank to sanction ₹2,500 crore for metro rail
After opting out of the proposal to approach the Japanese International Cooperation Agency (JICA) for loan, the State government is heavily banking on funding by the German and French development banks KfW and Agence Francaise de Development (AFD ... ( read original story ...)
Bank of Singapore officially opens its branch in DIFC
Kirit reports to Derrick Tan, Bank of Singapore’s Global Market Head for Malaysia, Brunei, Japan, Sub-Continent and Middle East. Under Kirit’s leadership, Bank of Singapore has registered stellar growth in the Middle East region - doubling its assets ... ( read original story ...)
IMF agrees to loan $5B to Mongolia
The IMF said Sunday it would provide $40 million over three years. It says the Asian Development Bank, World Bank, Japan and South Korea are expected to provide up to $3 billion, and the People's Bank of China is expected to extend its $2 billion swap line ... ( read original story ...)
IMF to loan Mongolia US$440 million as part of bailout package
“The Asian Development Bank, the World Bank and bilateral partners including Japan and Korea are expected to provide up to another US$3 billion in budget and project support, while the People’s Bank of China is expected to extend its 15 yuan billion ... ( read original story ...)
Insider Podcast: Osaka Relives Fed Cup Debut, Outlines Social Media Master Plan In Dubai
DUBAI, UAE - Starting her second full season on the WTA tour, Naomi Osaka is slowly getting comfortable with her surroundings - as much off the court as on. The Japanese teenager unleashes unbridled aggression to help her win matches, and her reservedly ... ( read original story ...)
Nationalist Osaka preschool draws heat for distributing slurs against Koreans and Chinese
according to the Osaka Prefectural Government. The letter, however, is apparently just one of many incidents pointing to the pair’s nationalist and even racist leanings. A separate pamphlet distributed to parents in December and obtained by Kyodo News ... ( read original story ...)
Japan Inc signals boost to domestic capex but less keen on the U.S. – Reuters poll
TOKYO (Reuters) - One third of Japanese firms are looking to lift business investment at home in the next financial year, but companies are less bullish about capital spending in the United States due to uncertainty over the Trump administration's policies ... ( read original story ...)
5.4-magnitude quake jolts Japan's Chiba area
TOKYO, Feb. 19 (Xinhua) -- An earthquake with a preliminary magnitude of 5.4 jolted the Chiba Prefecture region of Japan, east of Tokyo on Sunday, the weather agency said. No tsunami warning was issued as a result of the temblor. The quake, which measured ... ( read original story ...)
Report: Tokyo doctors accused in multiple gang rapes used well-furnished room
A separate report from Nippon News Network (Feb. 19) reveals that the door of the ... He is suspected of raping seven women in Tokyo and Kanagawa and Saitama prefectures between April and October of 2016. He allegedly filmed the sexual assaults with ... ( read original story ...)
Job switching hits 7-year high in Japan
TOKYO -- More than 3 million Japanese workers changed jobs in 2016 as a labor shortage and the need for global expertise pushed employers to scour the market for technical professionals and veteran managers. The tally of 3.06 million, as reported by Japan ... ( read original story ...)
Dividends in Japan double from financial-crisis low
TOKYO -- Japan's publicly traded companies continue to return more profit to shareholders, with dividends headed toward a record 11.8 trillion yen ($104 billion) for fiscal 2016. Payouts are on track to rise for a seventh straight year, climbing 7% from ... ( read original story ...)