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Japan’s SMBC Plans To Triple Stake In Jefferies In Wall Street Push

  • Category:Other
FINANCIAL TIMES
 
 New York and Tokyo banks seek deeper ties as they try to compete with larger rivals
Sumitomo Mitsui Banking Corporation is planning to triple its stake in US investment bank Jefferies Financial Group, deepening ties between the Wall Street and Tokyo banks in an effort to compet...

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Hiroshima Wagyu Beef Project Starts, Inspired by G7 Summit

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THE JAPAN NEWS
 
The G7 summit next month is inspiring beef producers and wholesalers in Hiroshima Prefecture to start their own Hiroshima Gyu7 project.
Ahead of the meeting of the heads of major democratic powers, the project aims to use the lead-in to the summit as a springboard to improve the ...

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Tablecross To Promote Gastronomy Tourism And Strengthen Creation Of Original Food Experiences In Japan

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JAPAN TODAY
 
Tablecross Co Ltd, which provides byFood.com, a leading food tourism platform for inbound travelers to Japan, has announced that it has secured $2.24 million in Series A funding to expand recruitment, marketing, and system integration development.
The investment was led by Shoku no ...

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Japan Has Millions Of Empty Houses. Want To Buy One For US$25,000?

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BUSINESS TIMES
 
WHEN Jaya Thursfield found a house he wanted to buy in Japan a few years ago, friends and family told him to forget it. The place wasn’t worth the trouble, they said.
After all, it stood in a forest of shoulder-high weeds after being abandoned about seven years earlier – one of t...

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Japan Core Consumer Inflation Hits 41-Year High Of 3% In FY2022

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JAPAN TODAY
 
Consumer inflation in Japan accelerated to 3.0 percent in fiscal 2022 through March, the fastest pace in 41 years and above the Bank of Japan's 2 percent target, in what the central bank views as a blip caused by higher import costs and a weaker yen, government data showed Friday.
I...

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JP Bank VP Tanigaki to Head Insurance Arm

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THE JAPAN NEWS
 
Japan Post Insurance Co. said Wednesday that it will appoint Japan Post Bank Executive Vice President Kunio Tanigaki as its next president.
Tanigaki, 63, will succeed current Japan Post Insurance President Tetsuya Senda, 62, who will leave the post to take over the presidency of ...

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Japan Posts Record ¥21.73 Trillion Trade Deficit For FY2022

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JAPAN TODAY
 
Japan's trade deficit roughly quadrupled to a record 21.73 trillion yen in fiscal 2022 ended March, as increased energy costs and a weaker yen led imports to grow far more than exports, the Finance Ministry said Thursday.
Imports jumped 32.2 percent from a year earlier to 120.95 tri...

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Kansai Electric’s Data Access Scandal Expands

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THE JAPAN NEWS
 
Kansai Electric Power Co.’s data access scandal has affected information on not just household customers but also corporate customers of rival power retailers, it was learned Wednesday.
Kansai Electric said on the day that a total of 2,010 employees and others had fraudulently ac...

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Toyota, Honda, Nissan Show New EVs at Auto Shanghai

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THE JAPAN NEWS
 
The buzz at Auto Shanghai when it opened Tuesday was the slew of electric vehicles being showcased.
Japanese automakers were among the manufacturers pushing their EV concepts at one of the largest auto shows in the world. China also happens to be where EVs are proliferating rapid...

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Japan, U.S. Affirm Stronger Ties In Indo-Pacific Trade Negotiations

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KYODO NEWS
 
Japan's trade minister Yasutoshi Nishimura and his U.S. counterpart Katherine Tai affirmed Wednesday further cooperation in advancing negotiations of the Indo-Pacific Economic Framework to set high trade standards amid concerns over China's growing clout.
"I hope that Japan and the U...

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