Latest Tokyo News
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Square arrives in Japan its first market outside North America
At a press event in Tokyo today, Twitter founder Jack Dorsey announced the long-awaited Japanese debut of Square, the smartphone credit card processing service with the iconic white ...
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Hashimotos meeting with 2 former sex slaves canceled
Two South Korean women who were forced to serve as wartime sex slaves canceled a scheduled meeting Friday with Osaka Mayor Toru Hashimoto, saying it is ...
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BOJ offers to buy JGBs for 2nd day
The Bank of Japan on Friday offered to buy some 900 billion yen in Japanese government bonds from commercial financial institutions on Tuesday, launching JGB-buying market operations for the second consecutive ...
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Tokyo cops bust casino in Shibuya
Tokyo Metropolitan Police on Monday announced the arrest of a broker of Thai females for violating immigration laws by employing the women as ...
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WWII vet gets Order of the Rising Sun from Japans ambassador
During a ceremony, May 21, 2013, at the home of Kenichiro Sasae, the Japanese ambassador to the United States, Terry Shima was awarded the "Order of the Rising Sun, Gold Rays with Rosette" award. The award comes from both the prime minister and emperor of Japan. Shima is a "Nisei," or second-generation Japanese-American. During World War II, he joined the 442nd Infantry ...
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UPDATE 1-Japans Dai-ichi to buy 40 pct in Indonesias Panin Life -source
Fri May 24, 2013 4:44am EDT (Adds details, Dai-ichi no comment) By Taiga Uranaka TOKYO May 24 (Reuters) - Japan's Dai-ichi Life Insurance Co Ltd has agreed to buy a 40 percent stake in Indonesia's Panin Life for about 30 billion yen ($295 million), a source with direct knowledge of the matter said on Friday. The move by one of Japan's top four life insurers is the latest in a string ...
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Support rate for Japans Abe down to 70.9 pct
TOKYO, May 19 (Xinhua) -- Support rate for the Cabinet of Japanese Prime Minister Shinzo Abe has edged down almost 2 percent to 70.9 percent, compared with 72.1 percent in the previous poll last month, according to a Kyodo News survey showed on Sunday. It was the fourth time that the Cabinet approval rating has surpassed 70 percent in the monthly surveys since Abe's Liberal Democratic ...
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Japans stock slump a good thing
Koll: Tokyo Nikkei 7% plunge Thursday more 'sign of health' than 'sign of worry' Nikkei has rallied 46% since the start of 2013 thanks to PM Abe's fiscal policies Japan's central bank affirmed buying of long-term debt in support of Abe JP Morgan forecasts Japan's Topix to climb 17% by end of ...
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Tokyo stocks close 0.89pc higher in rollercoaster session
7 TOKYO: Tokyo shares closed 0.89 percent higher Friday in a rollercoaster session that came a day after the Nikkei 225 index suffered its worst one-day drop since Japan's March 2011 quake-tsunami disaster.The benchmark Nikkei, which on Thursday plunged 7.3 percent, finished 0.89 percent, or 128.47 points, higher at 14,612.45, while the broader Topix index of all first-section shares ...
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Asia Markets Japan stocks end up after roller-coaster ride
HONG KONG (MarketWatch) -- Japanese shares ended modestly higher Friday after a roller-coaster ride that subjected the Nikkei Stock Average to a swing of more than 3% on both sides of the previous day's ...
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It was all too much for the Nikkei
Up by the stairs, down by the elevator. Yesterday's equity sell-off in Japan highlights the somewhat shaky foundations that this year's equity rally has been built upon. Optimism is contagious, but pessimism is arguably more infectious. Shortly after hitting a resistance zone around 16,000 the Nikkei 225 lost the most ground in one day since the tragic earthquake of 2011, plummeting ...
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Ex-comfort women citing ‘political game’ cancel meet with Hashimoto
No so happy: People opposing Osaka Mayor Toru Hashimoto's remarks about wartime 'comfort women' hold up signs saying 'Don't forgive Hashimoto' while attending a rally in front of Osaka City Hall on Friday. | ...
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Obama defends drone strikes sees narrower terrorist threat
President Barack Obama sought to move the U.S. beyond the war effort of the past dozen years, defining a narrower terrorist threat from smaller networks and homegrown extremists rather than the grandiose plots of Osama bin Laden’s al-Qaida. Obama also offered his most vigorous public defense yet of targeted drone strikes as legal, effective and necessary. ';Neither I, nor any ...
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Nikkei recoups 2.6 after nose-diving over 1140 points in last session
The head of an official inquiry into the deadly collapse of a Bangladesh factory complex said the building’s owner was the ';main culprit'; for the disaster because he violated construction codes. The cave-in of the eight-story Rana Plaza outside the capital last month killed ...
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Nikkei rises 0.9 pct in turbulent trade after Thursdays plunge
* Nikkei may stay volatile for a while - traders * Nikkei support seen at 13,800 short-term, 13,000 mid-term - analysts * Futures-led trade swings market - traders By Ayai Tomisawa TOKYO, May 24 (Reuters) - The Nikkei share average rose in turbulent trade on Friday following the previous day's 7.3 percent dive, but the extreme volatility and worries that Japan's bull-run may be running ...
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Nikkei ends rollercoaster session in positive territory
(34 mins ago) Shares in Tokyo closed 0.89 percent higher today in a rollercoaster session that came a day after the Nikkei suffered its worst one-day drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei 225 index, which on tumbled 7.3 percent yesterday, finished 0.89 percent, or 128.47 points, higher at 14,612.45, while the broader Topix index of all first-section ...
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Eurozone crisis live Japan closes higher after wild day of trading
The Japanese market suffered another turbulent session after Thursday's dive - dropping as much as 3.5% in the afternoon - but stabilised to close 0.9% ...
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GLOBAL MARKET-Volatile Nikkei keeps Asian stocks on edge
Fri May 24, 2013 3:45am EDT * Nikkei ends a seesaw day up 0.9 pct * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro on turbulent Nikkei * European stocks expected to fare better By Ian Chua SYDNEY, May 24 (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. The Nikkei has ...
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Australian shares dive to one-month low Japan uncertainty hits
Fri May 24, 2013 2:47am EDT (Adds details, comments) SYDNEY May 24 (Reuters) - Australian shares reversed early gains to fall 1.6 percent as faltering banks and market volatility hit investor sentiment on Friday, sending the benchmark index tumbling further from one-month lows touched a day earlier. Japan's Nikkei share average turned positive in a volatile session on Friday afternoon after ...
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Japans Nikkei rebounds after Thursday plunge
Pedestrians are reflected as they walk past an electric quotation board displaying the Nikkei key index of the Tokyo Stock Exchange (TSE) in front of a securities company in Tokyo on May 10, 2013. The Nikkei regained some of the losses sustained on Thursday. (TORU YAMANAKA/AFP/Getty ...
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Tokyo stocks rebound 2.65pc by break
11 TOKYO: Tokyo stocks surged Friday morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami disaster.The Nikkei, which on Thursday tumbled 7.3 percent, was up 2.65 percent, or 383.92 points, at 14,867.90 by the break after jumping more than three percent in the first few minutes of ...
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Japans ANA to resume Boeing 787 flights on Sunday
TOKYO (AP) -- Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after the jets were grounded due to smoldering ...
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Sensex Nifty down after Nikkei turns shaky
The BSE Sensex turned lower on Friday after opening with over 150 point-gain, suggesting the lack of conviction in the markets. The broader Nifty convincingly broke the 6,000 mark tracking a sharp plunge in Japan's Nikkei 225 benchmark. Tokyo's Nikkei fell as much as 3.5 per cent, having earlier risen more than 3 percent. The yen reversed early losses, keeping intact worries that ...
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Japan stocks rebound from overnight collapse as yen-sellers resurface
Japan's cabinet officials as well as BOJ Gov Kuroda smoothed over concerns, reiterating the JGB and equity markets are being closely watched, and the primary policymakers focus is beating deflation. Note the 10-yr JGB yield, which fell over 15bps from overnight 1% highs after the BOJ liquidity injection, is back in high 0.80%'s. Market focus turns to the IFO data out of Germany in the ...
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Japans Nikkei turns positive in volatile trade
Reuters © A passerby is reflected on a graph showing recent movements of Japan's Nikkei average at a brokerage in Tokyo May 24, 2013. REUTERS/Issei ...
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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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