As a siren warned of an approaching North Korean missile, hundreds of people in central Tokyo hurried for cover in buildings ... The budget for the financial year starting in April includes funds for a new land-based missile defense system, which will ... ( read original story ...)
Japan’s top cement maker sees value in cutting debt, despite low rates
Shuji Fukuda, president of Taiheiyo Cement, Japan's largest cement supplier, said it is important for his company to cut debt. "Sales amounted to 1 trillion yen and interest-bearing debts also amounted to 1 trillion yen," Fukuda told the Nikkei in a recent ... ( read original story ...)
Japan manufacturers’ mood jumps to 11-year high – Reuters Tankan
The monthly poll, which tracks the Bank of Japan's (BOJ) closely-watched tankan quarterly survey, followed a key gauge of capital spending out last week showing Japan Inc's readiness to spend some of their huge cash pile, potentially spurring a virtuous ... ( read original story ...)
In Tokyo meeting, officials seek to forge ahead with TPP even as Canada wavers
As trade officials gather in Tokyo this week to try and forge ahead with a trade pact that U.S. President Donald Trump abandoned last year, the new 11-member club risks getting bogged down by resistance from Canada. The member countries of the ... ( read original story ...)
Double partner hire in Tokyo upgrades DLA Piper teams
DLA Piper has snagged two senior partners from Jones Day in Tokyo to upgrade two of its practice groups. The firm has appointed Kaoru Umino and Dan Matsuda as partners and has given them leadership roles. Umino will helm the global firm’s finance and ... ( read original story ...)
Mitsubishi UFJ Financial : MUFG Signs Memorandum of Understanding With Ministry of Finance, Saudi Arabia
TOKYO, Japan, Jan. 15-- The Bank of Tokyo-Mitsubishi UFJ issued the following news release: Mitsubishi UFJ Financial Group, Inc.'s (MUFG) banking subsidiary The Bank of Tokyo-Mitsubishi UFJ, Ltd. announces that it recently signed a Memorandum of ... ( read original story ...)
Luxembourg to advocate ‘delegation’ model post-Brexit: finance minister
TOKYO (Reuters) - Luxembourg's finance minister Pierre Gramegna said on Friday the European Commission should stick to the current rules that allow funds managed in London to be domiciled and regulated in another country. His comments pit the tiny and ... ( read original story ...)
Foreign investors keen on Genco 3’s privatisation
According to EVN, 19 regional and global investors such as Ratchaburi, Nebras Power, GS Energy Corporation, Siemens AG, GE Capital, Itochu, China Datang Power, Keppel Infrastructure and Osaka Gas as ... initial public offering (IPO) in February. ( read original story ...)
SoftBank telecoms IPO faces headwinds from govt-backed upstarts
SoftBank shares have risen about 3 per cent this week since it said it was considering what would be the largest IPO by a Japanese company in nearly two decades, a deal that would accelerate the group’s transformation into one of the world’s biggest ... ( read original story ...)
Japan’s military chief warns on China naval expansion
NEW DELHI -- Japan's top military officer has sounded the alarm over the expansion of Chinese naval operations in the Indian Ocean. Speaking with the Nikkei Asian Review and other media in New Delhi, Admiral Katsutoshi Kawano, Japan's Chief of the Joint ... ( read original story ...)
Japan in talks over bid for UK uranium powerhouse
At home, the Japanese government is promoting nuclear power generation as a major source of electricity -- another reason it hopes to secure an interest in Urenco's enriched uranium. The Nikkei has learned that the negotiations are ongoing from multiple ... ( read original story ...)
Tokyo stocks gain, shrugging off falls on Wall Street
Tokyo stocks closed higher Friday, shrugging off declines on Wall Street, with sentiment buoyed by hopes for Japanese corporate reports as the earnings season approaches. The Nikkei 225 index gained 0.19 percent, or 44.69 points, to 23,808.06, leaving it ... ( read original story ...)
Son faces $18bn test with IPO plan
It also runs counter to a preference by some quoted Japanese companies, Panasonic, say, to delist subsidiaries. But Son's IPO gambit is even more important for his group than it is for the stock market. And for three reasons. First, Son's ambitions are ... ( read original story ...)
Malawi begs Japan for more aid: Finance Minister says K1.3bn grant will not be ‘Cashgated’
Minister of Finance, Economic Planning and DevelopmentGoodall Gondwehas asked Japanese Government to consider increasing financial assistance to Malawi on Economic and Social Development Programme. Speaking during the signing ceremony of 200 million ... ( read original story ...)
Tokyo, Japan (Autumn 2017) – Part 1
This trip to Tokyo will be broken down into 2 parts. Do stay around to look out for the part 2 that’s coming in soon! I’ve shared previously, as much as this is a finance blog which I will be writing mainly about finance related issue, there will also ... ( read original story ...)
Where are all the tourists in Japan coming from?
The Nikkei Asian Review took a close look at the data. China and South Korea account for over 50% The numbers clearly show geographical proximity is a major factor. Mainland China was the No. 1 source of visitors to Japan last year, accounting for 7.35 ... ( read original story ...)