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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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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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Tokyo stocks open down 0.63
Tokyo stocks opened 0.63 percent lower on Tuesday after the dollar fell against the yen while US stocks weakened. The benchmark Nikkei 225 index, which closed at its best level since December 2007 on Monday, gave up 96.02 points to 15,264.79 at the start. "Given the market's recent steep advances and Nikkei futures' weakness, stocks could easily see more consolidation," ...
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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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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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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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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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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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Japan Govt. Says Economy Picking up Moderately
(MENAFN - Qatar News Agency) Japan's government has upgraded its assessment of the Japanese economy for first time in two months, citing accelerating exports and the weakened yen. The Japanese Cabinet Office said in its monthly economic report for May that Japan's economy is picking up slowly. Last month, it said the economy was showing signs of recovery but still had some weak spots, ...
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RUBBER-Tokyo futures prices after evening session
Following are prices for Tokyo rubber futures at the end of the Tokyo market's evening session on Monday. Contract Day Volume Evening Volume * May 276.1 15 274.9 3 * Jun 279.6 36 278.4 6 * Jul 281.4 67 279.8 11 * Aug 284.1 57 283.8 20 * Sep 287.3 364 286.5 64 * Oct 289.5 3970 289.4 644 *The evening session is considered part of the following day's ...
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Ian Reifowitz Hello Republicans Japan Switches to Stimulus Gets Growth Europe Sticks With Austerity Stays in Recession
right now in Japan and in Europe. Prime Minister Shinzo Abe has embarked on aggressive measures to stimulate Japan's long-moribund economy since he took office in December, and the result so far has been strong growth -- and, perhaps, liftoff after a triple-dip recession. Europe, on the other hand, remains mired in the muck of austerity and economic contraction. To briefly recap ...
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Avoid excuses man up Obama tells black graduates
WASHINGTON - President Barack Obama on Sunday summoned the graduates of historically black Morehouse College to ';transform the way we think about manhood,'; urging the young men to avoid the temptation to make excuses and to take responsibility for their families and their communities. Delivering a commencement address at the all-male private liberal arts college in Atlanta, Obama ...
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New Delhi cracks down on foreign-funded NGOs
';Outsider art'; is relatively new in Japan and, as a genre, works made by self-taught Japanese artists are still not very well known on the category-delineating, label-loving international art scene. Now, though, ';Souzou: Outsider Art from Japan,'; an exhibition on view (through June 30) ...
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Nissan Mitsubishi kick off joint minicar production
';I was stopped by two men in a government-registered vehicle, blindfolded and dragged off the street. They took me away to a house in a place I did not know. I was forced into a room with blood all over the walls and floor, ...
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Fukushima No. 1 can’t keep its head above tainted water
Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...
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Economic assessment raised as weak yen fuels exports
Facts and figures: Prime Minister Shinzo Abe and members of his Cabinet attend a ministerial meeting on the government's monthly economic report at the Prime Minister's Office on Monday. | ...
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Tornadoes level homes in Oklahoma one dead
Close for comfort: Jerry Dirks (right) hugs a friend after a tornado hit her home just south of Carney, Oklahoma, on Sunday. Dirks had taken refuge in her cellar at the time the tornado hit. | ...
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Skytree’s first anniversary marred by foul signals
Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...
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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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