TOKYO - Japanese electronics and energy giant Toshiba Corp. said Tuesday that its chairman is resigning to take responsibility for problems that will result in a 713 billion yen ($6.3 billion) loss in its nuclear business. Toshiba warned, however ... ( read original story ...)
Gov't sold land lot very cheaply to school operator linked to PM Abe's wife
OSAKA -- The local finance bureau has disclosed that a state-owned land lot has been sold to an education corporation linked to the wife of Prime Minister Shinzo Abe for 134 million yen even though the value of the property has been appraised at over 900 ... ( read original story ...)
TOKYO SEIMITSU : Summary of FY2017 Third Quarter Business Results (April 2016 ..
(*1) Incl. Trade notes and Electronically Recorded Monetary Claims (*2) Incl. Trade notes and Electronically recorded obligations-operating Tokyo Seimitsu Co. Ltd. published this content on 14 February 2017 and is solely responsible for the information ... ( read original story ...)
This bar in Tokyo is selling Valentine's Day cocktails with edible insects
Ranging from cookies to juices to candied varieties, the bar is cranking out goodies that include cocktails laden with waterbugs to "caramelized worms with almonds and cashews." The Japan Times also reports: "The whipped cream on some desserts included the ... ( read original story ...)
Japan, U.S. agreed FX talks best left for finance leaders: Abe
TOKYO Japanese Prime Minister Shinzo Abe said on Tuesday he agreed with U.S. President Donald Trump during a weekend bilateral summit that currency issues should be left for finance leaders of each country to discuss. "When I was alone with the president ... ( read original story ...)
3 Japanese Business Practices For An Age Of Disruption
Japan-based companies are among the largest and most technologically sophisticated sources of foreign direct investment (FDI) in the United States. While automobile manufacturers are perhaps the most well-known among Japanese companies investing in the ... ( read original story ...)
Finance Minister Aso: Japan-U.S. dialogue to address economic policies, trade and investment
TOKYO Japanese Finance Minister Taro Aso said on Tuesday that Japan and the United States would aim to strengthen trade and investment ties between the two countries as well as among Asia-Pacific countries. "We will discuss economic policies and ... ( read original story ...)
The Federal Reserve’s Reluctance to Learn from the Bank of Japan
I recently posted an article on the minutes from the Federal Open Market Committee meeting held on November 1 and 2, 2011, focusing on who was to blame for the intransigence of the American labor market (hint – it was the drug-abusing, lazy unemployed ... ( read original story ...)
Japan logs 1% growth in 2016
Japan's economy expanded at a steadily slowing pace in 2016, though a modest recovery in exports helped offset sluggish spending by households and businesses. The 1.0 per cent annual pace of expansion for the year compared with 1.2 per cent growth in 2015 ... ( read original story ...)
Tokyo stocks close higher as trade, currency fears abate
TOKYO, Feb. 13 (Xinhua) -- Tokyo stocks ended higher Monday as market jitters were eased following theconclusion of Japan's first summit with the U.S. since Donald Trump became the U.S. President. Trump had previously showed vexation at Japan for its trade ... ( read original story ...)
Tokyo stocks up after US-Japan summit
TOKYO: Tokyo stocks rose Monday with sentiment lifted by upbeat ... The shortfall is linked to a special loss of around 600 billion yen at Toshiba's US nuclear unit, the Nikkei business daily said on Sunday. Airbag maker Takata, at the centre of the ... ( read original story ...)
Population trends deliver boost for Japan's micro M&A boutiques
TOKYO (Reuters) - Boutique advisers specialising in micro-M&A for mostly family-run firms are enjoying a boom in Japan, as an ageing, shrinking population brings in the boundaries on the country's small business landscape. There are no industry-wide ... ( read original story ...)
Keio Plaza Hotel Tokyo ospiterà il Festival delle bambole di Hinamatsuri
TOKYO--(BUSINESS WIRE)--Keio Plaza Hotel Tokyo, uno dei più prestigiosi hotel giapponesi internazionali situato a Shinjuku, Tokyo, ospiterà una mostra speciale di arti tradizionali giapponesi per festeggiare il tradizionale Festival delle bambole di ... ( read original story ...)
Toshiba prepares to unveil nuclear hole, other perils threaten
including through the sale of a stake in its flagship memory chips business. "The question for Toshiba is how is it going to move forward," said Masahiko Ishino, analyst at Tokai Tokyo Research Center. He added Toshiba would need to show how it could stay ... ( read original story ...)
Japan says economy grew 1.0 per cent in 2016, slowed in last quarter despite uptick in exports
World Government Summit: UAE Sets Global Framework for Governments to Prioritize Happiness as Key Measure of Progress & Development Telehop Communications Inc. to Trade as ADYA on the TSX Emera Reports 2016 Earnings and Significant Strategic Progress ( read original story ...)
U.S. debt seen as a risk? America’s biggest creditors dump treasuries in warning to Trump
And it’s not just the Japanese. Across the world, foreigners are pulling back from U.S. debt like never before. From Tokyo to Beijing and London, the consensus is clear: few overseas investors want to step into the US$13.9 trillion U.S. Treasury market ... ( read original story ...)