TOKYO May 15 Mitsubishi UFJ Financial Group (MUFG) said on Monday net profit fell 2.6 percent for the year ended in March, hurt by weak lending income. Japan's biggest lender by assets said net profit came in at 926.4 billion yen ($8.16 billion)in the ... ( read original story ...)
Japan wakes up to global 'ransomware' cyberattack
The global "ransomware" cyberattack hit computers at 600 locations in Japan, but appeared to cause no major problems as people in the country started their workday Monday, even as the attack caused chaos elsewhere. 'We haven't fully dodged this bullet ... ( read original story ...)
Two Moxy Hotels Announced for Japan
Moxy Hotels continues its global expansion with the announcement of two new properties in Japan. Moxy Tokyo Kinshicho and Moxy Osaka Honmachi are both set to open in late 2017, further expanding the brand's presence in Asia Pacific with the opening of the ... ( read original story ...)
Riding high: Toyota eyes 'flying car' future
Toyota has its sights set on a Blade Runner future as the Japanese automaker backs a move to launch a flying car in time for the Tokyo 2020 Olympics. The company is giving about 42.5 million yen ($375,000) to the Cartivator project, which is developing the ... ( read original story ...)
Asian shares rise despite cyberattack, North Korea missile launch
TOKYO - Shares were higher in early trading Monday in Asia, despite worries of disruptions from the "WannaCry" ransomware cyberattack over the weekend. Yet another missile launch by North Korea also appeared to have little impact, while upbeat talk on ... ( read original story ...)
Japanese army aircraft disappears from radar
Ministry officials said the LR-2 reconnaissance and communications plane took off from Okadama airport in Sapporo city at 11.23 a.m. It was heading for Hakodate airport, public broadcaster NHK reported. The plane, with two pilots and two maintenance ... ( read original story ...)
Nagoya team working on robot to help elderly drivers stay alert, safe
A research team at Nagoya University is developing a system to help the elderly drive safely using a small robot, with the aim of releasing the technology by 2019. Authorities in Japan are stepping up measures aimed at encouraging the elderly to give up ... ( read original story ...)
Nikkei edges down on stronger yen, geopolitical concerns
TOKYO, May 15 Japanese stocks edged down on Monday morning, pressured by a stronger yen, a widespread cyber attack, and North Korea's missile test over the weekend. The Nikkei share average fell 0.2 percent to 19,853.71 points in midmorning trade. ( read original story ...)
Toyota 'backs flying car project' in Japan
These are external links and will open in a new window Japanese carmaker Toyota has announced its backing for a group of engineers who are developing a flying car. It will give 40 million yen (£274, 000) to the Cartivator group that operates outside ... ( read original story ...)
North Korea test-fires ballistic missile into Sea of Japan
Japan said the missile flew for 30 minutes and dropped in the sea between the North's east coast and Japan. Sunday's launch is the first in two weeks since the last attempt to fire a missile ended in a failure just minutes into flight. Japan swiftly issued ... ( read original story ...)
Japan's trains toe the line
Tourists can travel on Japan's bullet trains for a fraction of the full fare cost. Photo / Getty Images Tokyo railway station - where even the doughnuts are better. My iced doughnut at La Terre cafe at Tokyo Station was filled with a sweet-potato-like ... ( read original story ...)
‘Tokyo’ may be dropped from name of Japan’s top bank
Bank of Tokyo-Mitsubishi UFJ is considering dropping “Tokyo” from its name, which has drawn complaints from customers that it is too long, sources said Sunday. The core unit of Japanese industry leader Mitsubishi UFJ Financial Group Inc. is likely to ... ( read original story ...)
Japan favours New Zealand made sustainable wool
A Kiwi wool company has been exporting to Japan for over 20 years, a market often considered difficult to enter for exporters. New Zealand Merino general manager Mike Hargadon said the key to sustaining a long term relationship in Japan was to ... ( read original story ...)
Why getting drunk is so important in Japanese business relations
Sharing meals is a meaningful tool for trust building in nearly all cultures. But in some cultures, sharing drinks — particularly alcoholic drinks — is equally important. I once conducted a training program for a German couple moving to Japan, assisted ... ( read original story ...)
Toronto Exchange Still In The Running For Aramco IPO
Among them are London, New York, Hong Kong, Tokyo, and Singapore. Besides the fees that the IPO would bring in for the winner/s, the listing will also substantially enhance the reputation of the chosen exchange or exchanges. Riyadh is betting a lot on the ... ( read original story ...)
In testing missile, North Korea challenges South's new leader
The launch, which Tokyo said could be of a new type of missile ... meaning it could have a far longer range than it actually flew. Japan's Kyodo News agency said the missile may be capable of covering a range as far as 4,000 kilometres (2,500 miles ... ( read original story ...)