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Scandal-tainted Suruga Bank to Gain Y250 Bil Credit Line from BOJ: Sources
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JAPAN TODAY
TOKYO - Japan’s scandal-hit Suruga Bank will receive a credit line for as much as 250 billion yen ($2.2 billion) from the country’s central bank after seeing two quarters of deposit outflows, two people with direct knowledge of the matter said.
The mid-sized lender in central Japan ...
TOKYO - Japan’s scandal-hit Suruga Bank will receive a credit line for as much as 250 billion yen ($2.2 billion) from the country’s central bank after seeing two quarters of deposit outflows, two people with direct knowledge of the matter said.
The mid-sized lender in central Japan ...
- November 5, 2018
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Sales Start For Final Heisei New Year’s Postcards
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THE JAPAN NEWS
TOKYO (Jiji Press) — Ahead of the last New Year during the current Heisei era, Japan Post Co. launched sales of New Year’s lottery postcards for 2019 across the country on Thursday.
The Heisei era, which started in 1989, is set to end on April 30 next year with the Emperor’s abdi...
TOKYO (Jiji Press) — Ahead of the last New Year during the current Heisei era, Japan Post Co. launched sales of New Year’s lottery postcards for 2019 across the country on Thursday.
The Heisei era, which started in 1989, is set to end on April 30 next year with the Emperor’s abdi...
- November 2, 2018
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Panasonic First-half Profit Sags On Higher Costs
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JAPAN TODAY
TOKYO - Japanese electronics giant Panasonic said Wednesday first-half net profit slipped on higher costs linked to a factory it runs with U.S. electric carmaker Tesla, though sales rose thanks to growth in automotive products and industrial systems.
Net profit fell 4.5 percent on-y...
TOKYO - Japanese electronics giant Panasonic said Wednesday first-half net profit slipped on higher costs linked to a factory it runs with U.S. electric carmaker Tesla, though sales rose thanks to growth in automotive products and industrial systems.
Net profit fell 4.5 percent on-y...
- November 2, 2018
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Japan's Nuclear Industry Growing, But Slower Than Government Hoped
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CHANNEL NEWS ASIA
Japan's resurgent nuclear industry will miss a government target of providing at least a fifth of the country's electricity by 2030, a Reuters analysis shows.
TOKYO: Japan's resurgent nuclear industry will miss a government target of providing at least a fifth of the country's...
Japan's resurgent nuclear industry will miss a government target of providing at least a fifth of the country's electricity by 2030, a Reuters analysis shows.
TOKYO: Japan's resurgent nuclear industry will miss a government target of providing at least a fifth of the country's...
- November 1, 2018
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Sony Boosts Outlook Thanks to Strong PlayStation Business
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THE JAPAN NEWS
TOKYO (Bloomberg) — Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video game titles that are boosting the PlayStation business.
Operating profit for the current fiscal year through March will be ¥870 billion, up from the prior...
TOKYO (Bloomberg) — Sony Corp. upgraded its earnings outlook for a second straight quarter, thanks to a plethora of hit video game titles that are boosting the PlayStation business.
Operating profit for the current fiscal year through March will be ¥870 billion, up from the prior...
- October 31, 2018
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Japan Needs China’s Business and Pacified US-China Relations
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CNBC
There are few, if any, world leaders that could match the clarity of Japanese Prime Minister Shinzo Abe’s China strategy.
Having led the Liberal Democratic Party to a resounding election victory, Abe declared in December 2012 that “China is an indispensable country for the Japanese economy...
There are few, if any, world leaders that could match the clarity of Japanese Prime Minister Shinzo Abe’s China strategy.
Having led the Liberal Democratic Party to a resounding election victory, Abe declared in December 2012 that “China is an indispensable country for the Japanese economy...
- October 29, 2018
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Nikkei Average Dives to 7-Month Low
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THE JAPAN NEWS
TOKYO (Jiji Press) — The benchmark Nikkei average plunged to a seven-month low on the Tokyo Stock Exchange Thursday, as investors took fright from an overnight slump in U.S. equities.
The 225-issue Nikkei average tumbled 822.45 points, or 3.72 percent, to end at 21,268.73, the lo...
TOKYO (Jiji Press) — The benchmark Nikkei average plunged to a seven-month low on the Tokyo Stock Exchange Thursday, as investors took fright from an overnight slump in U.S. equities.
The 225-issue Nikkei average tumbled 822.45 points, or 3.72 percent, to end at 21,268.73, the lo...
- October 26, 2018
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Toyota, Mazda Look To Integrate Automobile Loan Units
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THE MAINICHI
NAGOYA (Kyodo) -- Toyota Motor Corp. and Mazda Motor Corp. are considering integrating their automobile sales loan businesses in a deeper capital tie-up to cut costs amid the shrinking domestic market, sources close to the matter said Tuesday.
Toyota Finance Corp. will enter talks ...
NAGOYA (Kyodo) -- Toyota Motor Corp. and Mazda Motor Corp. are considering integrating their automobile sales loan businesses in a deeper capital tie-up to cut costs amid the shrinking domestic market, sources close to the matter said Tuesday.
Toyota Finance Corp. will enter talks ...
- October 24, 2018
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Fiat Chrysler Sells Auto Parts Unit to Japan's Calsonic for 6.2 Bil Euros
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JAPAN TODAY
MILAN - Fiat Chrysler said Monday it was selling its Italian auto parts unit Magneti Marelli to Japan's Calsonic Kansei (CK) in a deal worth 6.2 billion euros.
It said the merged company will rank in the top 10 auto parts suppliers globally with annual sales of 15.2 billion euros ($...
MILAN - Fiat Chrysler said Monday it was selling its Italian auto parts unit Magneti Marelli to Japan's Calsonic Kansei (CK) in a deal worth 6.2 billion euros.
It said the merged company will rank in the top 10 auto parts suppliers globally with annual sales of 15.2 billion euros ($...
- October 24, 2018
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Japan’s Dying Shareholders Signal Sombre Outlook For Its Stocks
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FINANCIAL TIMES
Investors should expect decades of selling pressure on Japanese stocks from the most implacable bears in the market: the recently deceased, according to investment bank Nomura.
The relentless sell-off, which threatens to intensify until the year 2040 as the huge, wealthy postwar...
Investors should expect decades of selling pressure on Japanese stocks from the most implacable bears in the market: the recently deceased, according to investment bank Nomura.
The relentless sell-off, which threatens to intensify until the year 2040 as the huge, wealthy postwar...
- October 22, 2018
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