Japan Backs U.S. Proposal to Target North Korea’s Oil Supplies

Japan backed a U.S. push for the United Nations Security Council to vote Monday on fresh sanctions against North Korea, saying that Kim Jong Un’s nuclear program poses the most serious threat since World War II. Defense Minister Itsunori Onodera on ... ( read original story ...)

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Japan’s Q2 GDP Revised Down: ETFs in Focus

Japan’s GDP growth in the second quarter was a lot lower than initially estimated. Per government data released Sep 8, 2017, Japan’s economy grew an annualized 2.5% in the quarter compared with preliminary estimates of a 4% expansion. Although the ... ( read original story ...)

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Investigation shifts to ministry in Moritomo land scandal

OSAKA--Prosecutors have obtained a recording of a Finance Ministry official telling a school operator about efforts to reduce the sales price of state-owned land “closer to zero” as requested, sources said. The former director of the school operator ... ( read original story ...)

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Kagoikes indicted over fresh fraud charges

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Japan aims to raise around $12 bn in postal giant share sale

The selling price will be decided between September 25 and 27, the finance ministry said. Some 1.43 trillion yen was raised in an IPO nearly two years ago that included shares in Japan Post's banking and insurance units. It was the country's biggest ... ( read original story ...)

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Japan aims to raise $12 bn in postal giant share sale

Tokyo said it would sell up to 990 million shares in Japan Post, or about 22 percent of its outstanding shares, the finance ministry said in a statement. The sale could raise 1.3 trillion yen based on Monday's closing price of 1,321 yen. The sale price ... ( read original story ...)

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Japan’s Government to Sell $12 Billion of Japan Post Shares

The Ministry of Finance will sell 990.1 million shares in Japan Post, including an overallotment, it said in a statement on Monday. That amounts to 1.3 trillion yen, based on the most recent closing price. The public offering will be priced as soon as Sept. ( read original story ...)

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