Kioxia Holdings Corp., the memory chipmaker spun out of Toshiba Corp. in 2018, said it will postpone its plans for an initial public offering on the Tokyo Stock Exchange. Toshiba shares tumbled. ( read original story ...)
Japan’s Three Megabanks to Extend Loans to NTT for NTT Docomo Acquisition: Sources
MUFG Bank will extend the biggest amount, the sources, who are familiar with the matter, told Reuters, declining to be identified because the deal is not official yet. Wealth of Knowledge is a weekly ... ( read original story ...)
No more ‘ladies and gentlemen’ on Japan Airlines flights
If you're stepping on a Japan Airlines (JAL) plane anytime next month, chances are you won't hear the term "ladies and gentlemen" anymore. Instead, from 1 October, gender-neutral phrases like ... ( read original story ...)
Central Japan man nabbed for allegedly stealing fake cash left as bait at house
NAGOYA -- A 42-year-old man in this central Japan city was arrested by police on Sept. 28 for allegedly stealing play money that was left as bait for ... ( read original story ...)
Nissan employee testifies against American on trial in Japan
A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn ... ( read original story ...)
Japan’s digital leap forward — and about time too
Within a zippy 24 hours of becoming prime minister this month, Yoshihide Suga had not only created the post of Japan’s minister for digital transformation but had also ordered its new holder to rush ... ( read original story ...)
Mizuho, Japan’s first megabank, facing tough going again 20 years after launch
The group is seeking to become "a next-generation financial institution," Tatsufumi Sakai, president and group chief executive officer, has said. ( read original story ...)
Japan’s megabanks to extend four trillion yen in loans to NTT for NTT Docomo acquisition: Nikkei
TOKYO (Reuters) - Japan's three major banks and some others are set to extend about 4 trillion yen ($37.9 billion) in coordinated loans to NTT for the acquisition of its mobile carrier, the Nikkei ... ( read original story ...)
Tokyo stocks fall in morning as ex-dividend stocks drag
Tokyo stocks fell Tuesday morning, pressured by selling as many companies began trading ex-dividend. The 225-issue Nikkei Stock Average lost 77.80 points, or 0.33 percent, from Monday to 23,433.82. ( read original story ...)
Japan’s NTT eyes taking wireless unit Docomo private in potential $38 billion offer
Japan's Nippon Telegraph and Telephone Corp (NTT) said it is looking at taking full control of its wireless carrier business in a deal that could be worth around 4 trillion yen (£29.59 billion) and ... ( read original story ...)
Tokyo Overall Inflation Gains 0.2% On Year In September
Overall consumer prices in the Tokyo area were up 0.2 percent on year in September, the Ministry of Internal Affairs and ... ( read original story ...)
CFTC charges overseas trading company with engaging in illegal crypto transactions
The CFTC has charged an overseas trading company with "engaging in unlawful retail commodity transactions" involving crypto.The post CFTC charges overseas trading company with engaging in illegal ... ( read original story ...)
AirTrunk’s new 300 MW Tokyo data centre is set to be the largest in APAC (excluding China)
AirTrunk Tokyo data centre Artists impression of AirTrunk's planned Tokyo data centre TOK1SYDNEY, Australia and TOKYO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- AirTrunk, a hyperscale data centre specialist, ... ( read original story ...)
Chipmaker Kioxia postpones $3.2 billion IPO plan
Kioxia Holdings Corp, the world’s second-largest flash memory chipmaker, said on Monday it would postpone plans for an initial public offering (IPO) amid uncertainty in the global chip market stemming ... ( read original story ...)
High Debt. Low Growth. Are We All Japanese Now?
Asia’s second-largest economy holds lessons for the rest of us as the Covid-19 pandemic destroys jobs and rocks whole industries ... ( read original story ...)
Crypto Is Too Dependent on Dollars
With most stablecoins pegged to dollars, the crypto industry is wedded to a single currency with uncertain prospects. Time to diversify. ( read original story ...)