TOKYO -- The 2020 Tokyo Olympics is just three years away, and the international event provides an exceptional chance for local businesses to package their products under the Tokyo label. This has led them to ask what foreign visitors can take home to ... ( read original story ...)
Tokyo Tests ‘Telework Day’ to Ease Olympic Commuting Congestion
Tokyo’s commuters offered mixed reviews Monday as the government launched a campaign to get more of them to work from home. July 24 marks the first dry run of a “Telework Day” encouraging people to work remotely as the city gears up to host the 2020 ... ( read original story ...)
Japan’s foreign workers want faster promotions, pay raises
TOKYO -- Foreign workers in Japan now total more than 1 million, and they form an indispensable part of the country's labor force. The government and business see them as not just a workforce to compensate for worker shortages, but as a force to revitalize ... ( read original story ...)
The Mystery of Why Japanese People Are Having So Few Babies
Zwei’s business model is based on matching women in Japan’s big cities with men in other areas of the country, where men are more likely to have good jobs and be considered viable partners. “Men in this city are not very masculine and they don't want ... ( read original story ...)
Boom in convenience seen as firms gear up for Olympic profits
Japanese companies are accelerating preparations to seize Olympic business opportunities to ensure money will keep rolling in after the quadrennial sporting spectacle ends in 2020. “The mission for the business community is to realize the expected ... ( read original story ...)
British foreign secretary supports Japan in stopping North Korea
In the remainder of his trip, he is set to meet with Japanese business leaders for talks on enhanced trade and investment before traveling to New Zealand and Australia. ( read original story ...)
Lost your phone in Japan? You’ll probably get it back
Discounting cash, Tokyo police handled about 3.83 million items of lost property last year: credit cards and driver's licences dominated the haul. As did umbrellas; Tokyoites handed in 381,135 lost umbrellas. West ascribes Japan's success in lost property ... ( read original story ...)
Osaka’s bid to outshine Paris for 2025 Expo still on shaky ground
This week, Liberal Democratic Party Secretary-General Toshihiro Nikai will lead a nonpartisan group of Diet lawmakers to Osaka to hear out senior business leaders and discuss how best to challenge the Paris bid. While Osaka Gov. Ichiro Matsui remains ... ( read original story ...)
BANK OF JAPAN : Yen Falls As BOJ Lowers Inflation Forecast
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan downgraded its outlook for inflation. The bank will purchase government bonds so that the yield of 10-year JGBs will remain around zero %. ( read original story ...)
A growing number areStrokeStyle/$ID/Japanese Dots StrokeStyle/$ID/Japanese Dots Banking on Mankato
Eric Peters, president of Wells Federal Bank’s Mankato market, is well aware of the changes and competition that continue to reshape the area’s banking industry. Wells Federal, with offices in nine communities, is in the midst of a merger with Citizens ... ( read original story ...)
Banking reform in China: Too little, too late?
Japan, and the European Union, but to do so, it must make key reforms in its financial industry or else lay the foundation for economic disaster. More specifically, there must be reforms in China’s commercial and shadow banking sectors. If these reforms ... ( read original story ...)
Gold steady ahead of central bank meetings
Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. * Spot gold (XAU=) was nearly unchanged at $1,240.07 per ... ( read original story ...)
Global stocks lower on central bank focus
Still, foreign exchange markets reacted by pushing the euro higher. That followed the Bank of Japan’s decision on Thursday to keep its monetary policy unchanged, while pushing back its expected time frame for achieving its 2 per cent inflation target to ... ( read original story ...)
Japanese bank Nomura has officially picked Frankfurt as its post-Brexit HQ and will move jobs out of London
LONDON – Japanese bank Nomura has confirmed reports it is applying for a licence to operate in Frankfurt as its European Union base after Brexit. Currently, its official European HQ is in London. The move will affect very few employees — the bank will ... ( read original story ...)
Bank of Japan staying the lonely course
Like other major central banks, the BoJ has recently bumped up its growth forecasts and lowered its inflation estimates for this year and next. But while his peers at the Fed and (slowly but surely) the ECB have embarked on the path of policy normalisation ... ( read original story ...)
MacOS Malware Targets Swiss Bank Customers Via Phishing Emails
Trend Micro, a Japanese security software company, has detected a new piece of malware for the macOS platform that seems to be targeting Swiss bank users. The malware, which Trend Micro called OSX_DOK, spread via a phishing campaign. The malware authors ... ( read original story ...)