Bank of Japan Chief: Unwinding Stimulus Won’t Bring Turmoil

TOKYO—Bank of Japan Gov. Haruhiko Kuroda said the central bank will be able to unwind its massive policy stimulus “quite well,” dismissing concerns that a shift away from years of aggressive easing could roil the economy. “Whoever the leader…I ... ( read original story ...)

Has the Bank of Japan really tamed long rates?

TOKYO -- The Bank of Japan has managed to stabilize long-term interest rates at its target level of around 0%, but its efforts have sapped vitality out of the Japanese government bond market and may have planted the seeds of future volatility. Japan Bond ... ( read original story ...)

Yokohama Rubber : Fire hits Yokohama Clark warehouse

A huge fire engulfed the warehouse of Yokohama Tire Philippines, Inc. (YTPI) here Sunday afternoon. According to YTPI employees, the fire started at the firm's warehouse at around 3:15 p.m and is still going on as of posting time. No one was reported ... ( read original story ...)

Japan gets two new three Michelin-starred restaurants

The 36-seat restaurant is located in the city of Sapporo. Sushi Miyakawa now also boasts a triple-starred ranking. Three Michelin stars denote "exceptional cuisine, worth a special journey," while two stars represent "excellent cooking, worth a detour." ( read original story ...)

North Korea’s actions ‘recipe for disaster’: US admiral

TOKYO — The top American military officer in the Pacific said Wednesday that North Korea’s recent military actions are “a recipe for a disaster” and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula ... ( read original story ...)

U.S. admiral calls North Korea's actions 'recipe for disaster'

TOKYO -- The top American military officer in the Pacific said Wednesday that North Korea’s recent military actions are "a recipe for a disaster" and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula. Adm ... ( read original story ...)

Japan's Princess Mako to marry ocean-loving legal assistant

Quasi-public NHK TV reported the news late Tuesday and the Imperial Household Agency confirmed the report to Japanese media who belong to an exclusive "press club" system. But the agency declined comment to The Associated Press. The man who won the ... ( read original story ...)

Low interest rates still squeezing Japanese banking profits

TOKYO -- Japan's five leading banking groups reported a third straight year of shrinking aggregate profit Monday, hampered by the central bank's negative interest rate policy, but the strength of their overseas operations helped stave off a worse result. ( read original story ...)

Saudi Aramco Announces Key Appointments Ahead of IPO

The new appointments come ahead of a highly anticipated initial public offering (IPO) that may be the largest in the world. Aramco also appointed six deputy chairmen and two associate general councils, according to an initial memorandum of understanding ... ( read original story ...)