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Japan Factory Output Falls In Sign Of Rising Pressure On Economy

  • Category:Event
ECONOMIC TIMES
 
TOKYO: Japan's industrial output contracted in November and partially reversed the previous month's gain, in a sign of fragility in factory activity as increasing global risks threaten to undermine the country's export-reliant economy.
The 1.1 percent month-on-month fall, pressur...

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Nikkei Falls In 2018 Final Session, Marking 1st Annual Loss In 7 Years

  • Category:Other
JAPAN TODAY
 
TOKYO - Tokyo stocks ended slightly lower Friday, the final trading day of the year, with the benchmark Nikkei index losing 12.1 percent in 2018 for its first yearly loss in seven years amid growing concerns about a global economic slowdown following the U.S.-China trade war.
The 22...

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Japan’s Mizuho Bank To Issue Digital Currency

  • Category:Other
THE JAPAN NEWS
 
Mizuho Financial Group Inc. will issue its own digital currency from March at the earliest, which will allow users to make cashless payments via smartphones and fee-free cash transfers among users, it has been learned.
The currency will be the first to be issued by a megabank.
Th...

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Panel Proposes Raising Deposit Ceiling At Japan Post Bank

  • Category:Other
THE MAINICHI
 
TOKYO (Kyodo) -- A governmental panel in charge of postal privatization proposed in a report Wednesday that the deposit ceiling at Japan Post Bank Co. be raised to 26 million yen ($235,000) from 13 million yen, raising concern that the state-backed bank could gain an unfair advanta...

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Abe Urges Wage Increase For Japan’s Workforce In Effort To Spur Consumption Before Tax Hike

  • Category:Event
JAPAN TIMES
 
Prime Minister Shinzo Abe on Wednesday asked business leaders to raise wages to spur consumption and mitigate the impact of next October’s planned sales tax hike, the sixth consecutive year he has requested such an increase.
“I would like to request a wage hike that will further cem...

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Japan's Nikkei Index Slides Amid US Uncertainty

  • Category:Other
BBC
 
Japan's main stock market index has plunged, reflecting traders' worries following a slide on Wall Street.
The Nikkei closed down 5% on Tuesday, its worst finish since April 2017. Indexes in Shanghai, Bangkok and Taiwan also fell.
Investors have been concerned about President Trump's disput...

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Shop Selling Sharkskin Products Hoping To Revive Tsunami-Hit City

  • Category:Shopping
JAPAN TODAY
 
SENDAI - The owner of a shop specializing in products made from sharkskin hopes it will help revitalize a northeastern Japanese city devastated by tsunami and fire in March 2011 following a powerful earthquake.
Makiko Kumagai, 58, opened the store "Sharks" in a make-shift shopping d...

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Airports In Kansai Hold Improvement Talks

  • Category:Other
THE JAPAN NEWS
 
OSAKA (Jiji Press) — A meeting was held on Monday for talks on the roles of three major airports in the Kansai region and how to better utilize them.
Major topics at the meeting, the first of its kind in eight years and eight months, included reviews of the operations of Osaka In...

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Nissan Scraps Rule That Gave Ghosn Power To Decide Executive Pay

  • Category:Event
JAPAN TODAY
 
TOKYO - Nissan Motor Co has scrapped a company rule that effectively gave its former Chairman Carlos Ghosn discretion over executive pay, following criticism it may have allowed him to engage in alleged financial misconduct, sources close to the matter said.
As part of its efforts t...

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Amid Global Market Volatility, Japan May End Up Being One Of The Best Bets In 2019

  • Category:Event
CNBC
 
Japan faces fewer micro and macro economic issues compared to the U.S., Europe and China — and might end up being one of the best bets in 2019, according to Viktor Shvets, the head of Asian strategy for Macquarie's commodities and global markets team.
Amid global market volatility and slow...

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