TOKYO -- Japan's point man on currency diplomacy sees the yen's recent ... vice minister of finance for international affairs, told The Nikkei in an interview Tuesday. He nonetheless indicated plans to reaffirm the agreement among the Group of 20 major ... ( read original story ...)
Japan to host G-20 summit in Osaka in 2019
The G-20 presidency is currently held by Argentina. In the past, the city of Osaka hosted the summit meeting of the Asia-Pacific Economic Cooperation forum in November 1995 and the Group of Eight finance ministers' meeting in June 2008. The administration ... ( read original story ...)
Government picks Osaka as venue for G-20 summit in 2019: sources
Osaka has been selected as the venue for the 2019 summit meeting ... Fukuoka is expected to host a summit for finance ministers and central bank chiefs from the G-20 economies. The summit date will likely be set for sometime between June and November ... ( read original story ...)
Uber focuses on filling Japan’s ride-hailing void
The Nikkei reported on Monday that the U.S. company is negotiating to add taxi operator Daiichi Koutsu Sangyo's vehicles to its network. "The Japanese taxi industry is [high] quality but it suffers from low utilization rates," Khosrowshahi said. ( read original story ...)
How Japan’s Central Bank Policy Is Driving Speculation About Stimulus
When the Bank of Japan reduced its purchases of government bonds in January, some investors saw it as another sign that the bank was scaling back its massive monetary stimulus program. The BOJ disagrees with that interpretation, but in February the bond ... ( read original story ...)
Sony to launch a ride-hailing app in Japan as Uber CEO signals further push in the country
Sony announced partnerships with several taxi firms to start a ride-hailing service in Japan on Tuesday. Hours later, Uber's CEO Dara Khosrowshahi signaled his company's intention to expand further into the country. Sony's ride-hailing service will be ... ( read original story ...)
360-degree Virtual Reality Videos Launched to Experience Charms of Tokyo and Hiroshima Prefecture
TOKYO, Feb. 20, 2018 /PRNewswire/ -- In an effort to encourage individual foreign travelers in Tokyo to venture on to the Chugoku and Shikoku regions with little stress, the Tokyo Metropolitan Government has mapped out sightseeing routes originating from ... ( read original story ...)
Japan January export growth points to continued economic recovery
TOKYO (Reuters) - Japan’s exports grew in January for a 14th straight month ... continued to underpin growth in the world’s third largest economy. Ministry of Finance (MOF) data showed on Monday that exports grew 12.2 percent in January from a year ... ( read original story ...)
Japan logs first trade deficit in eight months
TOKYO -- Japan's imports exceeded exports for the first time in eight months in January, due largely to a rise in crude oil prices that pushed up import figures, official preliminary data showed Monday. The monthly trade deficit on a customs-cleared basis ... ( read original story ...)
Here’s Who Really Matters at the Bank of Japan
When Japanese Prime Minister Shinzo Abe nominated Haruhiko Kuroda to a second term as governor of the Bank of Japan, he gave the central banker a gift that might hold the key to policy over the next five years. Far from simply pushing the Bank of Japan ... ( read original story ...)
Japan’s cheap money addiction set to deepen under Kuroda’s second term
Macroeconomic conditions have improved significantly since. The Nikkei Stock Average has doubled on better corporate performance. Unemployment has dropped to 2.8% from 4.3%, putting Japan at full employment. Overseas growth has also helped, but monetary ... ( read original story ...)
Get closer. Lee Chapman shares the secrets of his Tokyo street photography
With its bustling streets, neon night-scapes, and wonderful habit of putting on surprises, Tokyo is a street photographer’s dream. But while many make a beeline for the Japanese capital’s more famous spots, photographer and long-time Tokyo resident Lee ... ( read original story ...)
Japan’s famed hot springs called on to share the steam
TOKYO -- So far, Japan's geothermal power does little more than provide the water for the country's countless "onsen" hot springs. But the nation sits atop a treasure trove of renewable geothermal energy that can provide much more than bathwater. ( read original story ...)
Taxpayers take out ire on silent head of National Tax Agency
Citizens groups organized protest rallies in front of local tax offices around Japan, including the Osaka Regional Taxation Bureau. The anger directed at Sagawa stems from when he served as director-general of the Finance Ministry's Financial Bureau last year. ( read original story ...)
Bank of Japan governor Kuroda nominated for second term
Japan's government has nominated Haruhiko Kuroda for a second term as central bank governor, giving the veteran finance chief more time to battle deflation and kick-start the world's third largest economy. In a widely expected move, the government of Prime ... ( read original story ...)
Bank of Japan’s ‘bazooka-wielding’ chief Haruhiko Kuroda nominated for second five-year term
Japan’s government nominated Haruhiko Kuroda for a second term as central bank governor on Friday, handing the veteran finance chief more time to battle deflation and kick-start the world’s number-three economy. Kuroda’s nomination was among those ... ( read original story ...)