Japan's relatively low crime rate means high ... Nissan never suffered the investment losses and the payments were legitimate business expenses. A French lawyer for Ghosn, Jean-Yves Le Borgne ... ( read original story ...)
Breakingviews – Mizuho’s harsh medicine gives taste of Japan ills
HONG KONG (Reuters Breakingviews) - Mizuho’s harsh medicine gives investors a taste of Japanese banking ills. The country’s second-biggest lender by assets took a $6 billion hit and slashed its annual ... ( read original story ...)
Japanese Banks Unite to Launch DLT Finance Platform Services
Five Japanese banks are set to launch the first services of their blockchain-based financial infrastructure platform Bank of Iwate, Bank of Yokohama, Aomori Bank, Akita Bank and Yamanashi Chuo ... ( read original story ...)
One of Japan’s biggest banks is launching a digital “coin” to replace cash—without using crypto
That conflicts with numerous reports going back as far as 2017 suggesting that the bank was researching or planning a digital currency pegged to the Japanese yen (paywall). Perhaps some confusion ... ( read original story ...)
Mizuho to book $6bn charge on pivot from physical banking
Japan's third-largest banking group on Wednesday said it will book a special charge of 680 billion yen ($6.1 billion) to write down the value of retail assets, such as physical branches ... ( read original story ...)
Levi Strauss files for New York IPO after 35-year absence from public markets
The final size of the IPO could be different. The San Francisco ... Levi Strauss K.K, is publicly traded in Tokyo. In its latest report, the U.S. apparel company said sales rose nearly 9 per cent to U... ( read original story ...)
Japan’s Nikkei hits 1-week low as chipmakers and banks retreat
TOKYO, March 7 (Reuters) - Japan’s Nikkei hit a one-week low on Thursday, with chip-related stocks tracking a decline in their U.S. peers and banks retreating after Mizuho Financial Group slashed its ... ( read original story ...)
Nikkei slides to week low dragged by chip-related firms, Renesas dives
TOKYO, March 7 (Reuters) - Japan’s Nikkei slid to a one-week low on Thursday morning with chip-related stocks leading the decline in step with U.S. counterparts, while Mizuho Financial Group underperf... ( read original story ...)
Nikkei ends lower, but retail investors snap up defence stocks
TOKYO, March 6 (Reuters) - Japan's Nikkei retreated further from three-month highs on Wednesday after a weak tone in U.S. shares, while retail investors pounced on reports that North Korea had restore... ( read original story ...)
Huawei asks Japanese suppliers to ship more smartphone components: Nikkei
(Reuters) - Chinese telecom equipment maker Huawei Technologies has asked Japanese firms including Murata Manufacturing and Toshiba Memory to increase supplies of smartphone components, the Nikkei rep... ( read original story ...)
Aichi: Woman, daughter suspected of shoplifting 1,700 items in Nagoya
Police found 1,700 items in the residence of the suspects in Nagoya (Twitter) According to police ... The editorial team at The Tokyo Reporter brings the site's readership the latest news from the und... ( read original story ...)
Ousted Nissan boss Ghosn leaves Tokyo jail, vows to fight ‘meritless’ charges
Surrounded by security guards and dressed in a workman’s uniform and glasses, Ghosn was virtually unrecognizable from his usual suited self as he left Tokyo Detention House, where he was confined to a ... ( read original story ...)
Tokyo’s Toranomon Hills Station Tower: Shunning a ‘Bento Box’ Approach to Architecture
Due to be completed in 2023, Tokyo’s Toranomon Hills Station Tower will be one of the world’s largest urban hubs for transportation, hospitality, business, and retail. Architect Shohei ... ( read original story ...)
Tokyo court says Nissan’s former chairman, Carlos Ghosn, has posted 1 billion yen ($8.9 million) bail for his release
TOKYO — Tokyo court says Nissan’s former chairman, Carlos Ghosn, has posted 1 billion yen ($8.9 million) bail for his release. Copyright 2019 The Associated Press. All rights reserved. This material m... ( read original story ...)
The First Japan Firm Into Postwar China Eyes Surprising Comeback
Some four decades ago, when he was only 37, the businessman led the first Japanese company to get a permit to do business in the country after World War II. And today, his Miyakoshi Holdings Inc. is t... ( read original story ...)
Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency
Several crypto media outlets have reported that Japan’s Mizuho, the country’s largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports ... ( read original story ...)