Colt cuts Tokyo-London latency to 159ms after €200m upgrade

Colt has “substantially reduced” the latency between the Tokyo and London financial centres to less than 159 milliseconds, the company announced today. This reduction is part of the company’s continuing investment in its Colt IQ Network, which has ... ( read original story ...)

Mayer Brown to open Tokyo office in 2018

Law firm Mayer Brown has announced that it will open a Tokyo office in the first half of 2018. The office will be led by Rupert Burrows, a corporate and project finance lawyer, who joins the firm from Ashurst. Burrows has more than 20 years’ experience ... ( read original story ...)

Japan rattled by 83 North Korean ‘ghost ship’ arrivals

TOKYO -- With a record number of wooden boats drifting into coastal areas, the Japanese government is bolstering patrols and other measures to better respond to what are believed to be illegal fishing vessels from North Korea. A total of 83 such vessels ... ( read original story ...)

Japan looks to reduce bond floats for eighth year

TOKYO -- Japan will lighten its float of government bonds in fiscal 2018 for an eighth straight year, the Finance Ministry decided Wednesday, anticipating that tax revenue growth will exceed the spending increase in the nation's budget. The JGB issuance ... ( read original story ...)

Japan to strengthen response to North Korean ‘ghost boats’

TOKYO -- With a record number of wooden boats drifting into coastal areas, the Japanese government is bolstering patrols and other measures to better respond to what are believed to be illegal fishing vessels from North Korea. A total of 83 such vessels ... ( read original story ...)

Japan stocks lower at close of trade; Nikkei 225 down 0.52%

Investing.com – Japan stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 1889 to 1447 and 207 ended unchanged. Shares in The Shizuoka ... ( read original story ...)

Sagawa’s IPO success could deliver a big long-run payoff

TOKYO -- SG Holdings, the parent company of Japanese parcel delivery specialist Sagawa Express, is basking in the glow of its successful initial public offering, a move that turns the page for a company that was in crisis not so long ago. Its shares, which ... ( read original story ...)

Japan Investigates Wrongdoing on $79 Billion Maglev Project

Scheduled to open its first leg in 2027, the maglev line will link Japan’s two biggest cities of Tokyo and Osaka upon completion in 2045. As part of Prime Minister Shinzo Abe’s push to export infrastructure technology, the government said last year ... ( read original story ...)

Japan ending tax tied to ditching of acquired shell companies

TOKYO -- Japan looks to remove the tax liability often faced by businesses that eliminate shell companies inherited in foreign acquisitions, a change that would encourage strong and simple corporate structures while limiting the potential for tax avoidance. ( read original story ...)

Luxury brands lifting prices in Japan amid brisk demand

Tax-free shoppers increased 56% on the year to around 380,000 in October, according to the Japan Department Stores Association. The Nikkei Stock Average has reached its highest in 26 years, fueling hopes for consumption. "People tend to loosen their purse ... ( read original story ...)

Bank of Japan normalisation: too soon to consider?

Most forecasters thought they could dismiss the Bank of Japan from their 2018 lists of central banks to watch. Amid talk of a retreat from quantitative easing, the BoJ looked nailed on to maintain its “yield curve control” policy, putting off the idea ... ( read original story ...)

Two decades after Japan’s financial crisis

Behind the streamlining plans by the major banks is the sector’s difficult business climate. The ultra-low interest rates under the Bank of Japan’s unprecedented monetary easing policy have reduced the lending margin on bank loans, which is not ... ( read original story ...)