News broke recently that Japanese telecom giant SoftBank (NASDAQOTH: SFTBF) is considering strategic alternatives for its mobile business, including spinning off a portion of it via an IPO. The company was quick to respond that it has not decided for sure ... ( read original story ...)
Nikkei drops for 6th day as mining companies, steelmakers fall
Inpex Corp dropped 2.4 per cent and Nippon Steel & Sumitomo Metal shed 2.1 per cent. TOKYO: Japan's Nikkei share average fell for a sixth straight day on Wednesday in choppy trade, with most sectors in negative territory, while large-cap stock Advantest ... ( read original story ...)
The rise of ‘made-in-Japan’ Chinese herbal remedies
TOKYO -- With the market for traditional Chinese herbal medicines going from strength to strength, Japanese makers of the remedies are increasingly starting to source raw ingredients at home, rather than importing them from China. An hour and a half by car ... ( read original story ...)
Bank of Japan’s Kuroda urges cryptocurrency service firms to beef up security
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday companies offering cryptocurrency services must have ample security steps in place. Kuroda also told parliament the BOJ had no plan now to issue digital currencies. Japan’s ... ( read original story ...)
Starbucks Japan evokes tradition and history with unique designs
TOKYO/MATSUYAMA, Japan -- In the old Japanese capital of Kyoto, on the Ninenzaka slope leading up to the Kiyomizu Temple, one of the city's most notable landmarks, a 100-year-old traditional house has been turned into a Starbucks coffee shop. At Starbucks ... ( read original story ...)
American tourism: Millennials opt for family vacations
According to Google, Athens is among the top 5 destinations of American millennials, with Osaka ranking first ... in 65,000 cities and rising valuation in advance of an imminent IPO. The report found that despite 52% of respondents saying they regularly ... ( read original story ...)
Former school head used Akie Abe’s name in seeking discount
It found that Kagoike had referred to Prime Minister Shinzo Abe's wife, who had assumed the post of honorary principal of the elementary school under construction in Toyonaka, Osaka Prefecture. According to Finance Ministry officials’ replies in the Diet ... ( read original story ...)
Japan sanctions Coincheck after massive cryptocurrency theft
Bitcoin price tracks Google searches for the cryptocurrency as speculators fear missing out Japan’s finance minister Taro Aso told parliament on Monday that the government would take “necessary administrative measures, including an on-site inspection.” ( read original story ...)
Japan cryptocurrency hack highlights oversight challenges
Japanese residents will have to report capital gains from trading ... managing director of the International Monetary Fund. Nikkei Inc. group company QUICK holds an equity stake in bitFlyer. ( read original story ...)
Massive cryptocurrency heist spurs calls for more regulation as threat of more large-scale hacks looms
The exchange — whose shareholders include 27-year-old Chief Executive Officer Koichiro Wada, Chief Operating Officer Yusuke Otsuka and two investment firms — said it has been in touch with Japan’s Financial Services Authority and the Tokyo ... ( read original story ...)
Tokyo Electric Power : FY 2017 Third Quarter Financial Results
Today, Tokyo Electric Power Company Holdings, Inc. finalized its consolidated FY2017 Third Quarter (April 1 through December 31, 2017) Financial Results. While electricity sales revenue increased 2.6% year-on-year (YoY) to 3.3207 trillion yen due to an ... ( read original story ...)
Japan Post group to target startups with new investment arm
TOKYO -- Japan Post Bank and Japan Post Insurance intend to establish an investment management company in February, aiming to channel money into startups from a 100 billion yen ($916 million) fund. The two Japan Post Holdings group companies are seeking ... ( read original story ...)
Japan’s vow to enforce North Korea sanctions more bark than bite
TOKYO -- As enforcement of U.N. sanctions against North Korea tightens, Japan is bumping up against constitutional restrictions on what its Maritime Self-Defense Force ships are allowed to do during peacetime. On Jan. 20, Taiwanese authorities said they ... ( read original story ...)
Japan’s job availability highest since 1974
TOKYO -- Japan's labor shortage shows no signs of abating, as data released Tuesday by the labor ministry showed job availability rising to a 44-year high. The ratio of jobs to job-seekers climbed again in December to 1.59 from 1.56 in November ... ( read original story ...)
Japan’s Nomura bolsters its U.S. investment banking team
TOKYO (Reuters) - Japan's Nomura Holdings Inc has beefed up its U.S. investment banking team as the brokerage and investment banking group looks to grab a bigger share of fees in the world's biggest economy. Nomura said in a statement late on Monday it had ... ( read original story ...)
Japan to offer one-stop e-filing for businesses
TOKYO -- The Japanese government aims to slash the hours that companies spend on tax and other filings by more than a fifth through consolidating various government e-filing platforms. Under the new system, due to be introduced around 2020, such common ... ( read original story ...)