Japan cannot afford to sit on the sidelines. If North Korea continues provoking tensions on the Korean Peninsula, the Japanese government will face the daunting task of evacuating nearly 60,000 of its citizens currently in South Korea. Some 38,000 Japanese ... ( read original story ...)
Nikkei hits 17-month high after Macron wins French presidency
TOKYO, May 8 Japan's Nikkei share average hit a level not seen in nearly 17 months on Monday morning as the yen stayed weak after Emmanuel Macron was elected president of France, as a business-friendly vision of European integration helped boost investor ... ( read original story ...)
Nikkei, other Asian markets surge after Macron’s victory
Japan’s Nikkei Stock Average NIK, +1.81% rose 1.8% in early trade to its highest level since mid-December. The index was also playing catch-up with other markets in the region, having been shut since Wednesday for public holidays. The Topix bank ... ( read original story ...)
Recording of ex-Moritomo Gakuen chief and Finance Ministry bureaucrats believed real
The site of an elementary school Moritomo Gakuen had planned to open in April 2017 is seen in Toyonaka, Osaka Prefecture. (Mainichi) A Finance Ministry senior official acknowledged on May 8 that an audio recording from 2016 of a meeting between Yasunori ... ( read original story ...)
Japan bolsters evacuation plans as missile threat grows
TOKYO -- North Korea's increased aggression has spurred Japan to begin revamping outdated evacuation measures against possible missile attacks. Though questions remain concerning these procedures, the steps being taken are welcome indeed. It was only in ... ( read original story ...)
Japan and China discuss economic ties and cooperation
YOKOHAMA -- Japan and China held high-level talks on the sidelines of the Asian Development Bank's annual meeting on Saturday to discuss the bad loan situation in China and bilateral cooperation in Asia. Taro Aso, Japan's deputy prime minister and finance ... ( read original story ...)
Japan, China to boost financial ties amid protectionist, North Korean tensions
"We actively exchanged views on economic and financial situations in Japan and China and our cooperation in the financial field," Aso told reporters after the meeting, which included senior finance ministry and central bank officials. "It was significant ... ( read original story ...)
Japan to provide $40 million to ADB to back high-level technology
YOKOHAMA, Japan Japan will provide $40 million to the Asian Development Bank to promote high-level technology as part of efforts to boost quality infrastructure in Asia, Finance Minister Taro Aso said on Saturday. "Japan has been promoting quality ... ( read original story ...)
Japan to donate $40m to ADB infrastructure fund
YOKOHAMA, Japan -- Japan will donate a total of $40 million to assist with high-level infrastructure projects elsewhere in Asia, Deputy Prime Minister and Minister of Finance Taro Aso announced on Saturday at the Asian Development Bank's annual meeting. ( read original story ...)
China finance minister skips summit with Japan, Korea to attend emergency meeting
YOKOHAMA, Japan Chinese Finance Minister Xiao Jie skipped a trilateral conference with his Japanese and South Korean counterparts on Friday to attend an emergency domestic meeting, a senior Japanese finance ministry official said. The Japanese official ... ( read original story ...)
Convenience store openings slow in Japan
TOKYO -- Major convenience store operators in Japan are putting the brakes on store openings following rapid expansion, turning their focus to profitability. The three major operators -- Seven-Eleven Japan, FamilyMart and Lawson-- plan a net increase of ... ( read original story ...)
Japan, Thailand sign bilateral currency swap deal
YOKOHAMA -- Japan has signed a bilateral currency swap deal with Thailand, a move aimed at strengthening the Association of Southeast Asian Nation's resilience to future financial crises. Under the agreement, the two countries will be able to swap their ... ( read original story ...)
Japan, China, South Korea decry protectionism in rare show of unity
YOKOHAMA -- The finance ministers and central bank chiefs of Japan, China and South Korea issued a joint statement Friday opposing protectionism and promoting currency cooperation among Asian countries. "We will resist all forms of protectionism," the ... ( read original story ...)
Bank of Japan's Kuroda: Something major is changing in the Japanese labor market
YOKOHAMA, Japan — There's something changing in the Japanese economy, according to the country's top central banker. Speaking with CNBC on the sidelines of the 2017 Asian Development Bank meeting in Japan, Bank of Japan Governor Haruhiko Kuroda explained ... ( read original story ...)
Chinese finance minister skips trilateral meeting with Japan, Korea
YOKOHAMA, Japan Chinese Finance Minister Xiao Jie skipped a trilateral meeting with his Japanese and South Korean counterparts in Yokohama on Friday due to important domestic matters, Japanese Finance Minister Taro Aso said. While the specific reasons for ... ( read original story ...)
Japan, ASEAN countries mull ways to counter financial crises
YOKOHAMA, Japan – Top financial leaders of the Association of Southeast ... At the gathering in Yokohama on the sidelines of the Asian Development Bank's annual meeting the finance ministers and central bank governors discussed revisions to the Chiang ... ( read original story ...)