Japanese financial institutions with huge government bond holdings face large appraisal losses if yields rise, a Finance Ministry estimate showed Monday. If yields of outstanding bonds climb 1 percent across the board, the value of outstanding government ... ( read original story ...)
Killing Japan’s Bitcoin Sales Tax: Breaking Down the Implications
The Japanese Financial Services Agency (FSA) is set to hold an official meeting by the end of 2016 to end sales tax on Bitcoin. If passed, it will reduce prices at Japanese exchanges by 8%. National News Channels in Korea and Japan praised the FSA’s move. ( read original story ...)
Corporate Japan unimpressed with BOJ's latest attempt to spur growth – Reuters poll
But at the same time, companies are sitting on plenty of funds that they could invest if they were convinced of a brighter long-term future for Japan. Central bank data shows non-financial firms were sitting on a record 242 trillion yen (£1.96 trillion ... ( read original story ...)
Financial literacy key to boosting investment: BOJ survey
This is just one of the findings from a study done by the Central Council for Financial Services Information, a group within the Bank of Japan, that provides an in-depth look at the financial literacy of the Japanese people. The Financial Literacy Survey ... ( read original story ...)
Capsule hotels in Japan reach out to foreign tourists
New Japan Kanko Co, which claims to have inaugurated the first ... "But we need to attract younger people as new guests to continue our business." First Cabin Inc has designed its rooms along the line of the first class cabin of a passenger airline ... ( read original story ...)
Brazilian President seeks foreign investment, access to Japan’s markets
TOKYO Brazilian President Michel Temer told a top Japanese business lobby in Tokyo on Wednesday he would like to open up Brazil's markets and promote international investment there. Temer, making the first visit to Japan by a Brazilian head of state in 11 ...http://japanbizz.com/wp-admin/post.php?post=38&action=trash&_wpnonce=3778aa113e ( read original story ...)
Japan investors in dilemma over US bonds as hedging costs bite
Japanese investors may soon be forced out of their U.S. debt investments as currency hedging costs soar on the prospect of higher interest rates and tougher U.S. money market regulations. With returns on U.S. Treasuries falling to around zero percent after ... ( read original story ...)
Business tops Abe’s talks with Brazil’s Temer
Earlier Wednesday, Temer also met with officials from Keidanren, otherwise known as the Japan Business Federation, a powerful Japanese business lobby, to seek investments. Brazil’s once rapidly-growing economy took a hit amid slowing in other emerging ... ( read original story ...)
Why Japan has the best navy in Asia
Writing for The National Interest, Kyle Mizokami recently made a solid case for Japan's Maritime Self Defense Force (MSDF) as the best navy in all of Asia. While China fields a larger, ever modernizing navy with huge stores of cruise missiles and land ... ( read original story ...)
Japan’s Watanabe elected president of gymnastics federation
Watanabe becomes the first Asian to head FIG and is the first Japanese president of an Olympic international federation since Ichiro Ogimura headed the International Table Tennis Federation from 1987-1994. Watanabe is a sports business management professional. ( read original story ...)
Australia and Japan jointly targeting ASEAN countries
The sustained economic growth in south-east Asia is becoming a new focus for companies involved in Australia's oldest business relationship in Asia with Japan. Potential co-operation between Japanese and Australian companies in south-east Asia was a key ... ( read original story ...)
International forum on sports, art and business kicks off in Kyoto, Tokyo
An international conference on sports, arts and business kicks off in Japan on Wednesday as part of the government’s efforts to create momentum leading up to the 2020 Tokyo Olympics and beyond. The World Forum on Sport and Culture, hosted by the Ministry ... ( read original story ...)
Edmonton police ask public for help finding missing 92-year-old woman
According to police, 92-year-old Kay Osaka was last seen at around 7 p.m. near Rutherford Road and 111 Street. Police said Osaka has dementia and so they are concerned for her well-being. Osaka is described as being about 4’10” tall and weighing about ... ( read original story ...)
Awesome Osaka: Astonishing, vibrant, exciting city
It's regarded in Osaka as where the locals shop, so don't be surprised if you have to dodge around numerous local TV crews doing vox pops on matters of interest for that night's news shows. Its 600-odd shops include old-style diners, traditional knife ... ( read original story ...)
Osaka cops: 1 dead, 3 hurt in stabbing at residence
OSAKA (TR) – Osaka Prefectural Police have arrested a 24-year-old man after a stabbing incident at a residence in Kadoma City left one person dead and three others injured, reports TBS News (Oct. 19). At approximately 4:00 a.m. on Wednesday, police ... ( read original story ...)
Man arrested for fatal stabbing in Osaka
OSAKA – Police arrested a 24-year-old man for allegedly stabbing a man to death and injuring his three children after breaking into their home early Wednesday in Osaka Prefecture. Yuma Kobayashi, who is attending part-time high school, is suspected of ... ( read original story ...)