Loading

Search

:

Credit Suisse Reinforces Japan’s Offshore Anxiety

  • Category:Other
REUTERS
 
The crisis at Credit Suisse has traders wondering who’s next. Japanese lenders, with their staid depositor bases, look like unlikely targets for bank runs. Yet their collective overseas bond portfolio is in focus. So it should be.
For years the country’s ultra-low interest rates encoura...

More

Japan’s First Costa Coffee Store to Open in Tokyo in Summer

  • Category:Other
JAPAN NEWS
 
Sojitz Corp. and Royal Holdings Co. plan to open Costa Coffee stores in Japan as part of a full-scale entry into the Japanese coffee-shop market, starting in the Kanto region.
Founded in London, Costa Coffee is particularly popular in the United Kingdom and Ireland, with a total of m...

More

Japan Keeping Close Tabs On Financial Markets After Collapse Of U.S. Lenders

  • Category:Other
JAPAN TODAY
 
Japan's government will closely monitor developments in the financial markets and their impact on Japanese financial institutions after the collapse of two U.S. regional banks caused concern about the risk of contagion and roiled global markets, a minister said Tuesday.
Financial se...

More

Japan Inc Delivers Largest Wage Increases In Decades

  • Category:Other
CNA
 
Top Japanese companies offered their largest pay increases in a quarter century at annual labour talks which wrapped up on Wednesday, heeding, at least for now, Prime Minister Fumio Kishida's calls for higher wages to counter rising living costs.
Worker pay has been one casualty of years of...

More

SVB Crisis Drives Concern Over Japanese Banks’ Exposure to US Bonds

  • Category:Other
YAHOO FINANCE
 
The troubles at Silicon Valley Bank and its subsequent collapse have driven investor attention to the heavy investment in US bonds by Japan’s lenders, casting a pall over their shares.
SVB’s woes have been rooted in tens of billions of dollars it plowed into longer-term bonds, con...

More

Universal Hydrogen Announces Collaboration in Japan to Study Green Hydrogen Supply and Logistics Solutions for Japanese Airlines

  • Category:Other
BUSINESS WIRE
 
LOS ANGELES & TOKYO--(BUSINESS WIRE)--“In order to meet aviation’s ambitious decarbonization goals, we must collaborate in those markets with the strongest appetite for green aviation solutions; Japan is one of those markets.
With our Japanese partners—all of whom are global leade...

More

Japan Q4 GDP Revised Up To Slight Expansion, Economy Avoids Recession

  • Category:Other
REUTERS
 
 
 
Japan's economy avoided a technical recession, revised government data showed on Monday, even though the upward change in the fourth quarter was weaker than expected and highlighted concerns about the sluggish economic recovery.
Japan's revised gross domestic product (GDP) expanded ...

More

JAL Cancels Cheap Domestic Ticket Sale After Surge In Website Traffic

  • Category:Other
JAPAN TODAY
 
Japan Airlines Co said Thursday it has canceled a special campaign that offered domestic one-way tickets for 6,600 yen each after its website suffered a glitch caused by a surge in people trying to access the promotion.
The malfunction, which caused a slow internet connection for th...

More

Hold The Mayo: Japan Egg Shortage Hits Businesses From Mcdonald’s To 7-Eleven

  • Category:Other
BUSINESS TIMES
 
McDONALD’S, 7-Eleven and mayonnaise-maker Kewpie are just some of the firms in Japan contending with the worst global outbreak of bird flu. 
Of 100 listed restaurant companies in Japan, 18 had suspended egg-related items as of Mar 5, said Teikoku Databank. Fewer hens led to a nea...

More

Japan Runs Record Current Account Deficit In January

  • Category:Other
BUSINESS INQUIRER
 
Japan logged a record current account deficit in January on persistent rises in the cost of importing fuel, government data showed on Wednesday.
The deficit, at 1.98 trillion yen ($14.43 billion), exceeded a median market forecast of 818.4 billion yen and marked the biggest am...

More