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Japan Records Trade Deficit In August As Exports To China, Rest Of Asia Weaken

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JAPAN TODAY
 
Japan’s exports fell 0.8% last month from a year earlier, with steep declines in shipments to China and the rest of Asia, its largest regional market.
Imports sank nearly 18%, the Japanese Finance Ministry said in preliminary data released Wednesday. That left a trade deficit of 930...

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Japan's Yen In Spotlight Ahead Of 'Live' BOJ Meeting

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CNA
 
The U.S. dollar and most major currencies were flatlining in early trades on Monday, barring a blip in sterling, as a Japanese holiday and a bunch of upcoming central bank meetings sucked the air out of markets.
The Bank of Japan's policy meeting on Friday is the highlight of the week in As...

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Sexual Abuse Scandal Pushes Johnny’s to Give Its Entertainers 100% of Appearance Fees for One Year

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JAPAN TODAY
 
Scandal-rocked Johnny & Associates, Inc. said Wednesday that for a one-year period it will pay its entertainers the full amount of their appearance fees, forgoing its usual commission.
The move is part of measures the all-male talent agency is taking in response to the sexual abuse ...

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President of Japan Used Car Dealer Nextage Resigns

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JAPAN NEWS
 
Japanese used car dealer Nextage Co. on Monday said that Koji Hamawaki, 53, has resigned as president.
Nextage employees were recently found to have engaged in fraudulent practices such as forging auto insurance contracts. On Friday, transport minister Tetsuo Saito indicated that the...

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Softbank Supremo Eyes Rare Success With Arm IPO

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JAPAN TODAY
 
Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
The flamboyant farmer's son who rose to become one of the world's richest people...

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Japan Expands Location Production Incentive Scheme

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VARIETY.COM
 
Japan has unveiled details of a location production incentive scheme that it hopes will attract more film and TV shoots to the island nation.
The scheme offers reimbursement of up to 50% of qualifying expenditure in Japan, with an upper limit of JPY1 billion ($6.4 million) on the di...

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Japan Warns Of Excessive Currency Moves; Says All Options On Table

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JAPAN TODAY
 
Japan is ready to respond "appropriately" to excessive volatility in the currency market, with all options on the table, Finance Minister Shunichi Suzuki said, following the yen's recent depreciation.
Suzuki said Friday that currency movements should be stable and reflect economic f...

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Aeon to Replace Plastic Shopping Bags with Paper Ones in October

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JAPAN NEWS
 
Retail giant Aeon Co. said Monday that it will replace plastic shopping bags with paper versions for clothing and daily necessities.
The replacement will be phased in from Oct. 5 at Aeon and Aeon Style general supermarkets. This initiative is expected to lead to a reduction of about ...

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Japan Shares Extend Highs As Weak Yen Boosts Autos, Energy Stocks Gain

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MARKET SCREENER
 
Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting automakers, while energy shares outperformed amid a surge in crude oil prices.
The Nikkei 225 share average finished the day up 0.62% to 33,241.02, its highest close in a month....

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ASEAN-Japan Partnership Is Mutually Beneficial: Jokowi

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ANTARA NEWS
 
President Joko Widodo stated that the Strategic Comprehensive Partnership between the Association of Southeast Asian Nations (ASEAN) and Japan is a form of concrete cooperation that is mutually beneficial.
"The ASEAN and Japan have agreed to form a Strategic Comprehensive Partnershi...

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