TOKYO (Reuters) - An inflation gauge closely watched by the Bank of Japan accelerated at its fastest pace in almost three years as some retailers passed on rising costs to households, a positive sign ... ( read original story ...)
JAPAN´S BANKS ARE ABOUT TO GET EVEN FEEBLER / THE WALL STREET JOURNAL
On Thursday, credit-ratings company Moody’s downgraded its outlook for Japanese banks from stable to negative. The Bank of Japan ,which is holding its benchmark interest rate in narrowly negative ... ( read original story ...)
Yokohama India launches new outlet in Karnataka
Yokohama India, a wholly owned subsidiary of Yokohama Japan, has launched an exclusive outlet Yokohama Club Network (YCN) in Kushal Nagar, Karnataka, with Coorg Wheel Alignment. The YCN will provide ... ( read original story ...)
Japan PM Abe considering visit to Iran as early as mid-June: NHK
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is considering a visit to Iran as early as mid-June, NHK national television said on Friday, the first such trip in four decades, as global concern ... ( read original story ...)
Japan more downbeat on growth; sees no change to tax hike plan
TOKYO (Reuters) - Japan's government downgraded its assessment of the economy on Friday but maintained the view it was recovering, suggesting that escalating U.S.-China trade tensions have yet to hit ... ( read original story ...)
Uber’s IPO flop puts spoke in wheel of SoftBank
Tokyo — On Thursday, as his company booked a $3.8bn gain from ... Uber’s initial public offering (IPO) was a flop with shares sliding on the first day of trading, at the same time the US and China ... ( read original story ...)
Mastercard Adds World Number One Tennis Player Naomi Osaka to Global Sponsorship Portfolio
LONDON--(BUSINESS WIRE)--Mastercard, one of the world’s most active sponsors of major sporting events, today announced it is partnering with two-time Grand Slam champion Naomi Osaka. It is the first ... ( read original story ...)
Pair of prized melons fetches record-high 5 million yen at Sapporo auction
SAPPORO -- A pair of Yubari melons, a specialty of the city of Yubari in the northernmost prefecture of Hokkaido, was sold on May 24 for 5 million yen (about $45,600) at the first melon auction of the ... ( read original story ...)
Japan’s core consumer inflation ticks up in April, BOJ’s price goal stays distant
The so-called core-core CPI, which strips away the effects of volatile food and energy costs and is the main policy focus for the central bank, rose 0.6% in April, government data showed on Friday. It ... ( read original story ...)
Japan’s Gloomy Profit Outlook Is Holding Foreigners Back
(Bloomberg) -- It’s getting tougher to be a Japan stock bull -- what few are left of them -- with earnings estimates for Topix Index members slumping to a 15-month low this week. The benchmark gauge’s ... ( read original story ...)
Japan keeps top creditor nation status as external assets grow
TOKYO (Reuters) - Japan's net external assets grew to their second-largest amount on record last year, rebounding from the prior year's decline and making it the top creditor nation for the 28th ... ( read original story ...)
Brookfield Property Reit Inc (BPR) Position Boosted by Nissay Asset Management Corp Japan ADV
Nissay Asset Management Corp Japan ADV increased its position in shares of Brookfield Property Reit Inc (NASDAQ:BPR) by 29.5% in the first quarter, HoldingsChannel.com reports. The firm owned 23,611 ... ( read original story ...)
Tokyo-Vegas investment chief gets 50 years in huge scheme
LAS VEGAS — The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion ... ( read original story ...)
Japan Display hears clock tick as would-be rescuer gets cold feet
TOKYO -- Japan Display, once heralded as the savior ... several sources with knowledge of the negotiations told Nikkei on Thursday. In response to an inquiry by Nikkei, a Harvest representative ... ( read original story ...)
After four decades, Japan’s banks still struggle in international capital markets
TIME AND AGAIN since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they’ve failed. The ... ( read original story ...)
Japan Display sees clock tick as would-be rescuer gets cold feet
TOKYO -- Japan Display, once heralded as the savior ... several sources with knowledge of the negotiations told Nikkei on Thursday. In response to an inquiry by Nikkei, a Harvest representative ... ( read original story ...)