The Mitsubishi UFJ Financial Group (MUFG) has partnered with major U.S.-based cloud delivery platform Akamai Technologies to release a global payment network based on blockchain, Cointelegraph Japan reports today, May 21. Akamai, a Massachusetts-based firm ... ( read original story ...)
Bank of Japan wins approval for dropping its inflation target time frame
TOKYO (Reuters) - The Bank of Japan on Monday won approval from influential members of the government's leading advisory panel for its decision to abandon the time frame it had set for meeting its inflation target. Prime Minister Shinzo Abe also expressed ... ( read original story ...)
Banks in Japan aim to hold on to savings of dead clients
a manager at Mie Bank in western Japan. It plans to start selling such trusts in July in partnership with Mizuho Financial Group Inc., the nation’s third-largest banking group. Banks began offering such trusts about a decade ago, and more than 150,000 ... ( read original story ...)
Bank of Japan : Accounts (May 20)
Pecuniary trusts (index-linked exchange-traded funds held as trust property) 5 19,657,773,241 Pecuniary trusts (Japan real estate investment trusts held as trust property) 6 473,442,530 ( read original story ...)
Nikkei rises as easing U.S.-China trade tensions support dollar, exporters
TOKYO, May 21 (Reuters) - Japan’s Nikkei share average rose on Monday as the dollars’ rise against the yen supported some exporters after news of easing U.S.-China trade tensions, but weakness in financial stocks kept wider gains limited. The Nikkei ... ( read original story ...)
Nikkei rises as U.S.-China trade tensions put “on hold”
TOKYO, May 21 (Reuters) - Japan’s Nikkei share average rose on Monday morning as exporters were boosted by a rise in the dollar rise against the yen. The dollar’s rise followed news of an easing in U.S.-China trade tensions, offsetting weakness in ... ( read original story ...)
Tokyo stocks open higher as yen eases
Tokyo stocks opened higher on Monday supported by a cheaper ... The dollar firmed slightly after the finance ministry said Japan's overall trade surplus jumped 30 percent while its politically sensitive trade surplus with the US edged up 4.7 percent ... ( read original story ...)
Japan and Russia plan high-level talks on defense, diplomacy
TOKYO -- Japan and Russia intend to have their top foreign affairs and defense officials meet this year, part of Tokyo's effort to build bilateral ties as it works to settle a long-standing territorial dispute. Japanese Prime Minister Shinzo Abe and ... ( read original story ...)
Osaka rubbish incinerator Maishima looks like Disneyland but is part of Japan’s waste strategy
It's been mistaken for a theme park, attracts thousands of tourists every year and even has its own TripAdvisor page, but the Maishima Incineration Plant is critical for managing waste in Osaka. It's been mistaken for a theme park, attracts thousands of ... ( read original story ...)
Japan’s Finance Ministry mulls punishments for Sagawa, other civil servants in Moritomo document-tampering scandal
The Finance Ministry is preparing to punish several former and current civil servants, including former National Tax Agency Commissioner Nobuhisa Sagawa, over the document falsification in the Moritomo Gakuen scandal linked to Prime Minister Shinzo Abe and ... ( read original story ...)
IPC Urges Tokyo 2020 to Finalize Paralympic Budget
The International Paralympic Committee has urged the Tokyo 2020 Organizing Committee to finalize its Paralympic budget to ensure that it can stage a spectacular Paralympic Games in just over two years. The call comes following the conclusion of the fifth ... ( read original story ...)
Brazil calls for Japan-South America economic partnership
The alliance and common market comprising Brazil, Argentina, Uruguay and Paraguay has a "complementary relationship with Japan," Aloysio Nunes Ferreira told Nikkei during an interview in Tokyo. The Group of 20 leaders' summit in Argentina in November ... ( read original story ...)
Corporate Japan learns to boost profitability
TOKYO -- Japanese listed companies continue to improve their ability ... by Friday rose 35% to 29.37 trillion yen ($264 billion), according to data compiled by Nikkei. The tally excludes financial companies. The increase far exceeded the 18% rise of ... ( read original story ...)
Japan Banking Giant Mitsubishi Goes Crypto With Own Coin
Mitsubishi UFJ Financial Group, Inc. (MUFG; 株式会社三菱UFJフィナンシャル・グループ), after a few years of plotting (since 2015), appears ready to roll out its own crypto token, MUFG Coin by 2019. In doing so, it would become the first ... ( read original story ...)
Brazil wants South America-Japan partnership talks this year
The alliance and common market comprising Brazil, Argentina, Uruguay and Paraguay has a "complementary relationship with Japan," Aloysio Nunes Ferreira told Nikkei during an interview in Tokyo. The Group of 20 leaders' summit in Argentina in November ... ( read original story ...)
Japan enlists Pacific Islands for help on North Korea
TOKYO -- Japan is aiming to close loopholes on North Korean sanctions and curb China from expanding its influence in the Indo-Pacific by bolstering its relationship with small island nations. Leaders from 16 Pacific island nations and territories ... ( read original story ...)