Japan will unveil a plan on Thursday to mobilise $1 billion to help countries surrounding Ukraine accept refugees from the war-torn country, Finance Minister Shunichi Suzuki said on Thursday. The funding would be provided via the state-owned Japan Bank for International Cooperation (JBIC),
GLOBAL MARKETS-Asian stocks waver on China deflation worries, mixed Japan earnings
In Asia, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.1%, reversing gains in the morning session, as fresh worries about weak demand in China weighed on sentiment. China’s consumer prices rose at a slower pace and missed expectations in April,
NATO Pivots to Asia as China Threat Grows
Talks are underway for NATO to open a liaison office in Tokyo, the military alliance’s first in Asia, Japan’s foreign minister Yoshimasa Hayashi said.
Japan’s Sharp tumbles to $1.9 bln loss on hefty writedown
Sharp Corp , the Japanese electronics maker owned by Taiwan’s Foxconn, posted on Thursday a full-year loss of $1.9 billion after writing down the value of its panel display business and a swathe of …
S’porean man, 33, buys old house in Japan for S$30,000 & remakes it into a guesthouse
A Singaporean man, Lee Xian Jie, 33, bought a home in rural Japan for S$30,000. His story has been documented in various chats, interviews, and most recently, hashed out in more detail in The Straits …
The true price of a Japanese cinema ticket
From June, the price of watching a film at Japan’s biggest cinema chain, Toho, will rise by ¥100 ($0.75): an increase of 5 to 8 per cent depending on the type of ticket. Not wallet-shredding or even …
Grameen Uniqlo to close all clothing stores in Bangladesh
Tokyo-based clothing brand Uniqlo owned by Japan’s Fast Retailing Co, started its business together with the Grameen Bank Group in 2010. The retailer currently operates 10 stores. “Since 2013, we have …
Marketmind: US debt drama crashes Japan’s G7 party
A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is highlighting three core priorities at the start of the G7 finance ministers’ three-day meeting in Niigata,
Debt ceiling standoff could derail Biden’s trip to G-7, where Russia and China are on the agenda
Biden is scheduled to attend a summit of the Group of Seven major industrial countries in Japan next week, followed by a meeting in Australia on May 24 with regional heads of state.
Brazen, amateurish Tokyo heist highlights rising trend as Japan’s gangs lure desperate youth into crime
The hapless suspects bore all the hallmarks of “yami-baito,” a rising scheme by criminal groups to outsource robberies and scams to the naïve and financially desperate.