According to a survey in the spring by Tokyo-based Japan Real Estate Institute, nearly 70% of investors said domestic property prices are "reaching their peak." Yasuo Kono, chief strategist of LaSalle Investment Management, warned that "the rise in prices ... ( read original story ...)
Japan’s Kobe Steel CEO warns of deepening quality scandal
The head of Japan's Kobe Steel warned Thursday that a quality control scandal engulfing his firm was likely to widen at home and abroad, as he acknowledged that trust in the steelmaker has "fallen to zero". The comments came as a growing list of customers ... ( read original story ...)
Japan’s massive savings pool draws Aussie fundies
Finance Minister Senator Mathias Cormann spent the past week leading a Financial Services Council delegation to Japan and Korea, with a particular focus on the former's rapidly changing market. In theory, there should be strong demand from Japan for the ... ( read original story ...)
G7 agrees to ramp up economic pressure on North Korea – Japan’s Asakawa
It is rare for G7 finance leaders to disclose they had met on the sidelines of a G20 gathering, which was a show of resolve among advanced economies to boost pressure on North Korea in the wake of its recent provocations, said Masatsugu Asakawa ... ( read original story ...)
G7 agrees to ramp up economic pressure on N.Korea – Japan’s Asakawa
Korea * G20 agreed on potential risks from Fed, ECB stimulus exit * Japan told G20 sticking to fiscal reform target (Adds quotes, detail) By Leika Kihara WASHINGTON, Oct 12 (Reuters) - Group of Seven finance leaders agreed to co-operate in countering North ... ( read original story ...)
Tokyo to Invite Bloggers, Journalists to Travel on Recommended Routes to Enjoy Contrast between Tokyo, Sendai
TOKYO, Oct. 13, 2017 /PRNewswire/ -- The Tokyo Metropolitan Government is developing sightseeing routes from Tokyo to various tourist attractions in the Tohoku region to publicize diverse allures in these two regions and encourage individual foreign ... ( read original story ...)
This Gritty Japanese City Is Asia’s New Tourist Hot Spot
"This inbound tourism has brought a growth chance to sectors such as the retail and restaurant business, which were shrinking due to population decline," said Kimihiro Etoh, a Bank of Japan executive and manager of the Osaka branch. Osaka was traditionally ... ( read original story ...)
Review: The Strings by InterContinental Tokyo
Occupying the upper floors of the Shinagawa East One Tower, the Strings by InterContinental Tokyo still feels well-maintained and contemporary despite opening in 2003 – join Australian Business Traveller as we explore this 5-star property. Despite its ... ( read original story ...)
Sydney isn’t full. Its existing home owners just hate change.
The Tokyo-Yokohama conurbation has 38 million residents and Osaka ... The idea home owners have an entitlement to all things beyond their property boundary staying the same is wrong, but they’re right in thinking population growth inevitably means ... ( read original story ...)
Nikkei marks 21-year high as Wall Street hits another record close
Japan's Nikkei share average scaled its loftiest peak in more than two decades on Thursday, hoisted by records on Wall Street and underpinned by media forecasts that the ruling party bloc was headed for a win in elections later this month. The Nikkei ended ... ( read original story ...)
Nikkei notches 21-yr high as Fast Retailing adds momentum, Kobe Steel dives
TOKYO, Oct 13 (Reuters) - Japan’s Nikkei share average edged up and hit a fresh a 21-year high on Friday helped by index heavyweight Fast Retailing, while selling of Kobe Steel continued as worries from its data fabrication scandal extended overseas. ( read original story ...)
Corporate Scandals Say More About Japan Than the Nikkei
Japan Inc. is reeling from a string of corporate scandals. Meantime, the Nikkei is at a two-decade high. What are investors missing? The latest misdeed involves Kobe Steel which, despite its name, is one of Japan’s biggest aluminum producers. The company ... ( read original story ...)
Nikkei spikes above 21,000 for first time since 1996
Stocks showed little movement Friday as markets opened in the Asia Pacific region, but more new highs could be in store with Japan topping 21,000 for the first time since 1996. The Nikkei NIK, +0.23% rose 0.3% early, touching 21,032, even as the yen ... ( read original story ...)
Saitama, Kanagawa teachers accused in separate sexual assault cases
Keita Takahashi, a 55-year-old teacher, allegedly molested a 21-year-old woman on a road in Yokohama’s Hodogaya Ward last year (TBS News) SAITAMA (TR) – Law enforcement divisions in Kanagawa and Saitama prefectures have arrested two teachers in separat ... ( read original story ...)
Happy birthday Yokohama!
Yokohama became Chelsea’s official shirt partner in February 2015, and we celebrated our first title together when we lifted the Premier League trophy in May. In July, we announced the next step in our relationship – that Yokohama’s Alliance Tyres ... ( read original story ...)
This Gritty Japanese City Is Asia’s New Tourist Hotspot
"This inbound tourism has brought a growth chance to sectors such as the retail and restaurant business, which were shrinking due to population decline," said Kimihiro Etoh, a Bank of Japan executive and manager of the Osaka branch. Osaka was traditionally ... ( read original story ...)