Financial Insights That Matter Newsfrom Japan Society Jan 30, 2025 17:58 (JST) Tokyo, Jan. 30 (Jiji Press)–Osaka High Court on Thursday revoked the Japanese Finance Ministry’s decision not to disclose documents related to a document-tampering scandal that led to the suicide of a ministry official. The high court, presided over by Judge Kenji Maki, overturned […]
Financial Insights That Matter The Finance Ministry in its quarterly report released Thursday raised its economic assessment for Hokkaido, citing steady personal consumption. The ministry kept its economic views unchanged for the remaining 10 of the country’s 11 regions covered in the report. The latest report was released after the ministry’s local bureaus reported economic […]
Financial Insights That Matter (Bloomberg) — The Japanese government expects its annual debt-servicing costs to rise to almost $230 billion over the next four years as the central bank’s campaign to gradually raise interest rates drives up financing costs. Most Read from Bloomberg Under the more optimistic of two projected growth scenarios, debt-servicing costs are […]
Financial Insights That Matter Minor International has partnered with Japan-based hotel and restaurant operator Royal Holdings to establish a joint venture (JV), marking Minor Hotels’ entry into Japan’s luxury and lifestyle hotel market. The new Royal Minor Hotels JV aims to operate hotels under the Anantara, Avani, and Tivoli brands, with a target of 21 […]
Financial Insights That Matter Japanese Finance Minister Katsunobu Kato said Wednesday that he has agreed with new U.S. Treasury Secretary Scott Bessent that they will closely consult with each other on foreign exchange moves, but he declined to elaborate. The agreement comes as investors gauge how President Donald Trump’s pledges will affect currency markets, including […]
Financial Insights That Matter Sony Group is appointing Hiroki Totoki as chief executive officer, a stamp of approval for the longtime finance chief’s push to expand the Japanese company’s entertainment reach. Along with outgoing CEO Kenichiro Yoshida, Totoki helped steer the Tokyo-based technology conglomerate to focus on growing its entertainment offerings. Last year alone, the […]
Financial Insights That Matter (Bloomberg) — Japan’s chip-related shares including Advantest Corp. tumbled as Chinese AI startup DeepSeek gained traction, raising concern the app will threaten US’s technological leadership. Most Read from Bloomberg Nvidia Corp. tester supplier Advantest fell 8.2%, while Disco Corp. slid 2.9%. Tech and chip-related shares were vulnerable to profit taking Monday […]
Financial Insights That Matter Canadian fintech firm Nuvei has bolstered its Asia-Pacific foothold with the acquisition of Paywiser Japan, including its licence from the Japanese Ministry of Economy, Trade and Industry. Financial terms of the deal remain undisclosed. Paywiser is a regulated and supervised financial institution, licenced as an Electronic Money Institution (EMI), authorised to […]
Financial Insights That Matter (Bloomberg) — Japanese Prime Minister Shigeru Ishiba’s government risks rejection of its annual budget if it doesn’t concede more ground to a small opposition party seeking a larger tax-free allowance, according to the party’s policy chief. Most Read from Bloomberg The Democratic Party for the People will continue to push for […]
Financial Insights That Matter The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Japan’s stocks fell Tuesday after Wall Street saw a massive drop in shares of tech companies, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Japan’s Nikkei 225 […]