Nissan CEO to become chairman of Mitsubishi Motors: reports

TOKYO - Carlos Ghosn, CEO of Japan's Nissan Motor, was due to hold a news conference Thursday amid reports he will become chairman of Mitsubishi Motors, presiding over efforts to turn the troubled automaker around. The Brazilian-born Frenchman, who already ... ( read original story ...)

Forget Paris, focus on Tokyo, Japan fashion told

Tokyo may be the style capital of Asia, but with South Korea and China snapping at its heels and Japan's most iconic brands rooted in Europe, the city is being urged to haul its fashion week into the big leagues. Tokyo Fashion Week kicked off its spring ... ( read original story ...)

Nissan CEO to become chairman of Mitsubishi Motors

TOKYO - Carlos Ghosn, CEO and chairman of Japan's Nissan Motor ... we will give our absolute commitment to support Mitsubishi Motors," Ghosn said at a joint news conference by the two companies. "We are sending a clear message we believe in the underlying ... ( read original story ...)

Thomas Bach Reminds Tokyo to Stick With Current Venue Plans

the Asahi newspaper reported, quoting unidentified Japanese sources as saying. The South Korean venue in Chungiu City hosted the 2013 world championships and rowing at the 2014 Asian Games. Asked about the report at Tokyo's Haneda airport, Bach said ... ( read original story ...)

Extensive blackout in Tokyo hits trains, government offices

Traffic lights were also temporarily out in some locations in Tokyo. Chief Cabinet Secretary Yoshihide Suga told a news conference that officials are looking into the cause of the incidents, but did not answer when asked about a possible sabotage ... ( read original story ...)

Why is Tokyo burying bikes?

In Tokyo, 14% of commuting traffic is on bike, according to the Japanese Transport Ministry. But you'd never guess it. That's because the Japanese capital is burying thousands of bikes in underground parking vaults, in a bid to keep its sidewalks tidy. ( read original story ...)

IOC Chair to meet Tokyo governor to discuss venue for 2020 Games

TOKYO - International Olympic Committee President Thomas Bach is set to meet Tokyo's outspoken governor pushing for changes to some of the planned venues for the 2020 Games. Bach arrived Tuesday in Japan amid growing tension between Olympic organizers and ... ( read original story ...)

Japan's Central Bank Writes Tokyo A Blank Check

Official announcements often have hidden meanings that escape the commentariat, leaving citizens unaware that an important page in their governments’ policies has just been turned. So it was with the Bank of Japan’s Sept. 21 press release, which held ... ( read original story ...)

Negative Sentiment On Japanese Banking Sector Likely To Continue

The Bank of Japan’s negative interest rate policy is straining bank profitability. To control for this, the BOJ announced in September that it will undertake a policy of “yield curve control” to use its power to steepen the yield curve. With all the ... ( read original story ...)

More Rate Cuts Possible from Bank of Japan (JPN)

An adviser to Japanese Prime Minister Shinzo Abe’s says his nation’s economy needs another round of monetary and fiscal stimulus. That has investors anticipating even more Keynesian backflips to spur growth in the embattled economy. Etsuro Honda, one ... ( read original story ...)

Why Japanese banks are chill about fintech

Head of the fintech centre at the Bank of Japan, Naoyuki Iwashita, said that Japanese institutions fear this happening in their country. After the law that prohibited fintech startups from owning more than 5% of a technology company was abolished ... ( read original story ...)

Bank of America profit rises on bond trading, cost cuts

That came as clients scrambled to reposition after Britain’s surprise June vote to leave the European Union and changing expectations for monetary policy in the United States, Europe and Japan. Trading drives up profit at Bank of America (Reuters ... ( read original story ...)