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China May Be Courting Japan To Cooperate With Belt And Road To Allay Controversy After Yuan Clearing Deal

  • Category:Event
SCMP
 
The People’s Bank of China last month named MUFG Bank as the first yuan clearing bank in Japan, and only the second non-Chinese bank after JPMorganPresident Xi Jinping’s Belt and Road Initiative has received criticism over the skyrocketing costs of many of its projects as well as claims of...

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Japan Urges G-7 To Think Beyond Existing Rules In Dealing With Libra

  • Category:Other
CNBC
 
Key PointsJapanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook’s Libra digital currency for any fresh challenges that could be overlooked by existing regulations.Facebook’s plan to launch a digital coin has met with criti...

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Japanese Govt Service To Provide Businesses With Quake Damage Estimates

  • Category:Other
THE JAPAN NEWS
 
The government has decided to roll out a paid service that will send notifications of nationwide damage estimates to companies soon after major earthquakes in the Nankai Trough and elsewhere.
The National Research Institute for Earth Science and Disaster Resilience (NIED) will us...

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Japan Trade Minister Blasts South Korea For 'Mistaken' Explanation

  • Category:Event
THE STAR
 
TOKYO: Japanese Trade Minister Hiroshige Seko said on Tuesday it was "regrettable" that the South Korean government had made what he said was an erroneous explanation after the two sides sat down for a working-level meeting over Japan's export controls.
The feud between the two deepene...

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Half of Japan’s Senior Households Face Difficult Living Conditions

  • Category:Other
NIPPON
 
The financial instability of post-retirement life has become a central issue in the upcoming House of Councillors election in Japan. Around half of the country’s senior households describe their own living conditions as “difficult.”
More than a quarter of Japanese households are headed b...

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Japan Display To Spin Off Smartphone Panels For More Funds

  • Category:Other
NIKKEI ASIAN REVIEW
 
Apple's largest display supplier inches closer to reaching bailout goal
TOKYO -- Cash-strapped LCD maker Japan Display said Friday it will turn the company's smartphone panel business into a separate subsidiary and seek infusions of outside capital as the company scrambles t...

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Japan Firm Says $32m Missing In Cryptocurrency Hack

  • Category:Other
JAKARTA POST
 
A Tokyo-based cryptocurrency exchange said Friday it had halted all services after losing cryptocurrency worth more than $32 million in the latest apparent hack involving virtual money.
Remixpoint said its subsidiary BITPoint Japan discovered overnight that about 3.5 billion yen ($...

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Two Of Japan's Largest Regional Banks Agree To Business Partnership

  • Category:Other
JAPAN TIMES
 
The Bank of Yokohama and Chiba Bank, two of the country’s top regional banks, said Wednesday they have agreed to a business tie-up in a move that could trigger further realignment in the industry.
The move by the biggest and third-biggest regional lenders by assets comes as domestic...

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Japan Regional Bank Concordia Targets Comeback Abroad With Southeast Asia Foray

  • Category:Other
JAPAN TIMES
 
One of Japan’s biggest regional banks is resuming an expansion overseas, 20 years after the country’s financial crisis forced it to retreat.
Concordia Financial Group Ltd. plans to expand in Asia to offer cash management services to its Japanese corporate clients and infrastructure ...

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Japan's Taxi Drivers Can Now Accept Didi Rides Without Removing Their Gloves

  • Category:Other
CNN
 
Hong Kong (CNN Business)Japan's taxi drivers will no longer have to remove their white gloves to accept rides booked on Didi Chuxing.
The Chinese ride hailing giant rolled out a hands-free feature on Wednesday as part of its strategy to win over Japan. It allows drivers to accept rides by g...

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