He became Minister of Finance for a brief period in 2009, but the LDP lost the power. In 2011, he switched his party to the Democratic Party of Japan (DPJ) to become Minister of State for Economic and Fiscal Policy and Minister of State for the ... ( read original story ...)
Japan’s public broadcaster mulls fee for streaming
TOKYO -- Japan's national public broadcast company NHK could levy a new mandatory fee for programming streamed on smartphones and similar devices -- a move that would affect the growing number of households that do not own televisions. The proposal was ... ( read original story ...)
Japan banks slash JGB holdings to record lows
TOKYO -- Japanese banks have sold off domestic government bonds to their lowest holding levels on record, scrambling for near-term profit as negative interest rates erode spreads in core lending operations. Holdings of Japanese government bonds were down ... ( read original story ...)
Nikkei hovers near 2-year highs as weak yen supports
TOKYO, June 27 Japan's Nikkei share average edged up to hover near two-year highs on Tuesday morning as a weaker yen helped exporters rise, while financial stocks rebounded from Monday's declines. The Nikkei gained 0.4 percent to 20,233.23 in midmorning ... ( read original story ...)
Japanese stocks edge towards two-year high, dollar extends overnight gains
Japan’s benchmark Nikkei was last up 0.3 per cent at 20,213.62 in subdued trading. A rise above 20,318.11, a peak scaled a week ago, would take the Nikkei to its highest since August 2015. “The fundamental mood is not bad, but it’s hard for investors ... ( read original story ...)
Japanese stocks approach 2-yr high, euro sags after Draghi’s comments
Japan's benchmark Nikkei advanced 0.4 per cent to 20,235.79. A rise above 20,318.11, a peak scaled a week ago, would take the Nikkei to its highest since August 2015. A weaker yen, a boon to export-reliant Japan, usually underpins the Tokyo market as the ... ( read original story ...)
3 reasons why Japan wages may rise this year
TOKYO -- The Japanese economy may be growing, but wages are not keeping pace, with nominal pay rising just 0.5% on the year in April. While there is no shortage of books and reports explaining this stagnancy, some are expecting wages to start moving higher ... ( read original story ...)
Nikkei edges to two-year high as dollar strengthens
Japan's benchmark Nikkei was last up 0.3 percent at 20,213.62 in subdued trading. A rise above 20,318.11, a peak scaled a week ago, would take the Nikkei to its highest since August 2015. “The fundamental mood is not bad, but it's hard for investors to ... ( read original story ...)
Appreciate Contemporary Art in a Unique Setting at This Unmissable Event in Osaka
ART OSAKA (アート大阪) is an annual summer art fair and is ... Founded in 2013 and located in the commercial and financial district on the Macau Peninsula, BLANC ART’s mission is to promote wonderful and innovative artists from all around the ... ( read original story ...)
Japan’s Largest Retailer AEON to Develop Blockchain Payments Platform Supporting Digital Currencies
AEON, Japan’s largest retailer, also offers a slate of financial services including banking, credit and micro-finance to customers in Japan and 11 other Asian countries through its financial arm. Now, AEON Financial Service is building a blockchain ... ( read original story ...)
Nikkei 225: Follow The Trail
Despite all that lagging, however, the future trend for the Nikkei 225 might be the most promising. The reason? The BoJ’s monetary policy, and how it is trailing the performance of the Japanese economy. In a recent speech at the University of Oxford ... ( read original story ...)
Japan lures record foreign investment in 2016
TOKYO -- Foreign direct investment to Japan for fiscal 2016 topped 3 trillion yen ($26.9 billion) for the first time ever, thanks mainly to an increasing number of takeovers of domestic businesses by overseas investment funds. Japanese operations of ... ( read original story ...)
Japan diaper output falls 1st time in 15 years
TOKYO -- Japanese production of disposable diapers declined for the first time in 15 years in 2016, mainly due to weaker purchases from visiting Chinese tourists. Strong demand from overseas visitors had given the Japanese diaper market a boost in recent ... ( read original story ...)
Japan regional banks face further delays in merger plans
It intended to merge it with Shinwa Bank, which it already controlled. But Japan's Fair Trade Commission objected because the merged entity would control an unprecedented level of about 70 percent of loans in Nagasaki prefecture. The FTC argued the merger ... ( read original story ...)
Air bag recalls, lawsuits lead Takata to file for bankruptcy
Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths ... ( read original story ...)
Nikkei edges up as dollar-yen steady; Takata files for bankruptcy protection
TOKYO, June 26 Japan's Nikkei share average ticked up on Monday morning as the dollar-yen held steady, while investors' attention fell squarely on Takata Corp after it filed for bankruptcy protection. The embattled air bag inflator maker said it would seek ... ( read original story ...)