Latest Japan News
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Japans SoftBank to issue $3.9 bln bonds in June - filing
TOKYO | Mon May 20, 2013 9:25pm EDT TOKYO May 21 (Reuters) - Japan's SoftBank Corp will issue 400 billion yen ($3.9 billion) in retail bonds in June, the company said in a filing on Tuesday. Japanese mobile operator SoftBank launched a $20 billion bid for U.S. wireless service provider Sprint Nextel Corp last year, which is now facing an opposing bid from satellite TV service Dish ...
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Nikkei slips from 5-12-year high as yen weakness put on hold
* Sony Financial falls after earnings guidance disappoints * SoftBank slips, Sprint permitted discussions with Dish By Dominic Lau TOKYO, May 21 (Reuters) - Japan's Nikkei average eased from a 5-1/2-year high on Tuesday after Wall Street gave up earlier gains to end flat and the dollar slipped against the yen on caution before U.S. Federal Reserve Chairman Ben Bernanke fronts a Congressional ...
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A mikoshi portable shrine is carried at Asakusajinja shrine in Tokyo on May 19 the last day of the Sanja Matsuri festival. Tokyo Skytree is seen in the background.
A record crowd of 1.87 million turned out for this year's annual Sanja Matsuri festival, which culminated on May 19 with a parade of main portable shrines through Tokyo's Asakusa ...
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Japan finance minister wants BOJ to have thorough dialogue with government bond market
Reuters © Japan's Deputy Prime Minister and Finance Minister Taro Aso smiles as he adjusts his headphones during a seminar at the Asian Development Bank's (ADB) 46th annual board meeting in Greater Noida, on the outskirts of New Delhi May 3, 2013. REUTERS/Adnan ...
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Most Japanese decry mayors view polls
/enpproperty--> A large majority of Japanese people disagree with a high-profile politician who said women forced to provide sex during World War II were a military necessity, polls issued on Monday said. Up to 200,000 "comfort women" from Korea, China, the Philippines and elsewhere were forcibly drafted into brothels catering to the Japanese military during World War II. ...
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Japan Stimulus measures boost factories and exports
The government said its latest monthly snapshot showed the economy was "gradually recovering" as exports and factory output rise. The improvement has been driven by the steep fall in the yen in the wake of the Prime Minister Shinzo Abe's aggressive attempts to jump-start growth.Bank of Japan rate-setters are expected to pause for breath this week after launching their "shock ...
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Japan Inc. Should Take a Look in the Mirror
Japan , will do everything it can to mask and hide what's wrong. That's what's most important," said Woodford, a Briton who was fired in late 2011 after he exposed a $1.7 billion accounting fraud in his own company. Woodford's tale is worth revisiting as Sony rebuffs a proposal from hedge-fund ...
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Japan Futures Signal Topix to Fall From 4 12-Year High
Japanese stock futures fell, indicating the Topix Index will retreat from the highest level since August 2008, as the yen rose and investors weighed the pace of Federal Reserve stimulus efforts. American Depositary Receipts of Sony ...
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Senior Kyodo News official dismissed over improper act
Kyodo News said Monday that it has dismissed Satoshi Kondo, 51, deputy chief of its general administration bureau and former personnel affairs division chief, for meeting individually with a female student searching for a job and doing an inappropriate act. In December last year, Kondo met with the student, who aimed to take a 2013 employment examination for Kyodo News, and taught her on ...
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Japans brokerages look abroad despite boom at home
Booming stock markets at home have helped drive earnings at Japan's two biggest brokerages to multi-year highs. But the companies still see the rest of Asia as key to profits in the long term, even as they lose money and cut staff in those ...
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Is the Weak Yen Already Becoming A Problem for Japan
Since BOJ Governor Haruhiko Kuroda was appointed into office by Japanese Prime Minister Shinzo Abe, the BOJ has become keen on boosting the economy and weakening the yen. The bank has launched aggressive measures to ease monetary policy. This has then led the yen to drop to multi-year lows against some of its counterparts. Now that USD/JPY has risen above the major 100.00 psychological level, ...
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Sony’s next gaming system is an out-of-focus black rectangle
actually defended the company . After all, the look of the plastic shell surrounding the new PlayStation hardware didn't actually matter as much as the games on display. After seeing today's teaser trailer promoting the PS4's E3 press appearance, though, I have to think that Sony is just trolling us at this point. I mean what other conclusion is there to draw from the 39 second ...
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Exclusive - Japan Inc. averse to further yen drop poll finds
By Tetsushi Kajimoto and Kaori KanekoTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.About half the Japanese companies in a new Reuters survey say the yen has fallen enough, just 15 percent want a further ...
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Hope in Japan That Abenomics May Be Turning Things Around
TOKYO ...
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Abe’s Resurgent Japan Hurt by Lack of Business Spending
Shinjuku Gyoen park, he says he begged the premier to help small- and medium-sized companies that make up 70 percent of Japan's industry. "Stocks and the yen may have come back, but the state of the real economy is very different," said Watanabe, 49, who has no plans to raise wages for his 17 employees and hasn't paid a bonus since 2008. "It's impossible for ...
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PS4 News Sony Releases Teaser Right Before New Xbox Unveiling
Andrew House, president and Group CEO of Sony Computer Entertainment, speaks during the unveiling of the PlayStation 4 launch event in New York, February 20, ...
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Ray Manzarek founding member of The Doors dies
Ray Manzarek of The Doors performs at the Sunset Strip Music Festival launch party celebrating The Doors at the House of Blues in West Hollywood, Calif., on Aug. 16, ...
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North Korea defies UN warnings and fires sixth short-range missile into the Sea of Japan
Korea, Democratic People S Republic Of North Korea has fired another two short-range missile into the sea, defying warnings from the South and the United Nations.South Korea's military says the North has now fired six short-range guided missiles into the ocean off its east coast in three days.Pyongyang describes the launches as "military training", saying the real provocation is ...
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Japans economic drive needs structural reforms
structural reforms , voicing fear that recent growth could be just a "sugar high." Japan posted 0.9 per cent quarter-to-quarter growth in the three months through March, during which time Prime ...
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Sony Entertainment Network Offering Music Unlimited Service In Brazil
Sony Network Entertainment International announced that Music Unlimited, the company's cloud-based digital music subscription service, is now live in Brazil. According to a release, the Music Unlimited service offers on- demand access to a global catalog of over 20 million licensed tracks from all major and many leading independent labels across an array of devices including PlayStation3 ...
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Sony PlayStation 4 Developers Explore What Next Gen Gaming Will Deliver
With the world awaiting the Xbox Reveal at Microsoft's Bellevue headquarters on May 21, gamers are anticipating a fall launch for the two consoles that will define next generation gaming - Sony's PlayStation 4 and Microsoft next Xbox, currently codenamed Durango. A couple of the top game developers for Sony's PS4 offer their thoughts on what gamers can expect from next gen ...
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Goldman Sachs to invest in Japans green energy sector
TOKYO--U.S. investment banking giant Goldman Sachs said Monday it will start investing in Japanese renewable energy projects, with a reported US$2.9 billion outlay over the next five ...
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Bulls Stampede Into Japan ETFs
In recent sessions, DXJ (WisdomTree Japan Hedged Equity) continues to impress, reeling in more than $1.3 billion and nearing the $10 billion mark now in terms of net AUM ($9.8 billion). EWJ (iShares MSCI Japan) also pulled in nearly $600 million last week, as the hunger for exposure to Japanese equities continues unabated. There is certainly no shortage of coverage of the stampeding bull market ...
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Softbank planning 400 billion yen bond sale - Nikkei
Mon May 20, 2013 2:50pm EDT (Reuters) - Softbank Corp (9984.T) is seeking to raise about 400 billion yen ($3.90 billion) through a sale of retail bonds to finance its bid for No.3 U.S. mobile phone carrier Sprint Nextel Corp (S.N), the Nikkei reported. The proceeds from the offering, which is expected to be launched as early as next month, will also be used for redeeming existing bonds, the ...
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Sony offers firstglimpse of PlayStation 4 in teaser video
Sony released the first images of the PlayStation 4 today in a short teaser video. Sony has promised that it is going to give PlayStation fans a full picture of its upcoming next-generation gaming console, the PlayStation 4, at the company's E3 press briefing June 10. But not wanting to miss out on any of ...
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Japan focuses on next big export
Smart grids are the way of the future, according to a Japanese consortium of seven companies that want to invest in the cities of the future and pave the way for the next big export to come out of Japan.
Japan is already one of the leading high-tech industries of the world, producing gadgets and appliances that are sold globally, from cars and microwaves to robots for use in surgery, space and mines. The country is a major manufacturing hub, there are Sony, Panasonic, Toshiba and Nintendo appliances in homes across the globe and many of the world’s most famous export brands have their headquarters in Japan or were founded in Japan. Read more
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