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Emi Emoto

Exclusive - Billionaire founder fights back for control of Japan's Universal

14 Sep 2017

TOKYO/NEW YORK Nearly three months after his ouster from the board at Universal Entertainment Corp , billionaire Kazuo Okada is fighting back to try to regain control of the $2.2 billion Japanese gaming group.

Exclusive - Okada sues family in bid to regain control of gambling empire

03 Jul 2017

TOKYO Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in an attempt to regain control of his sprawling business empire, according to a court filing and Okada.

Exclusive - Universal president says founder Okada 'unfit' for board in private letter

29 Jun 2017

TOKYO The president of Japan's Universal Entertainment Corp said the company's founder Kazuo Okada is "unfit" to be the director of a public company, in a private letter to a shareholder seen by Reuters.

Family help oust Japan casino mogul Okada in boardroom coup

28 Jun 2017

NEW YORK/TOKYO Relatives of Japanese tycoon Kazuo Okada helped remove him as director of a Hong Kong investment company at the centre of a sprawling gambling empire, according to corporate filings and people with knowledge of the matter.

Squeezed at home, Japan's Nomura seeks to push into Wall Street's home turf

19 Jun 2017

HONG KONG/TOKYO Under pressure in Japan from Wall Street rivals and anticipating more deals in the United States or by American companies overseas, Nomura Holdings is boosting its U.S. investment banking business, including some senior hires in the technology and finance sectors.

Japan's Daiwa mulls moving some UK staff to Frankfurt ahead of Brexit - CEO

08 May 2017

TOKYO Daiwa Securities Group Inc , Japan's No. 2 brokerage firm, may decide as early as mid-June to move dozens of London-based staff to Frankfurt or another European city, ahead of Britain's exit from the European Union, its chief executive said.

Japan's Nomura targets younger generation as demographic crunch looms

13 Apr 2017

TOKYO Japan's Nomura Holdings Inc aims to leverage its access to about 1.6 million members of employee stock ownership plans to tap a new generation of customers as its client base grays.

Macau's Galaxy, Monaco's SBM team up in race for Japan casino license

29 Mar 2017

TOKYO Macau casino operator Galaxy Entertainment Group Ltd on Wednesday said it has partnered Societe des Bains de Mer (SBM) , hoping the Monaco peer will help it trump rivals to win a license in Japan's nascent gambling market.

Hard Rock seeks up to 60 percent in Japanese casino

22 Feb 2017

TOKYO Hard Rock Cafe International is looking to buy up to a 60 percent stake in a Japanese casino resort, its chairman said on Tuesday, seeking entry into what could become the world's second-biggest casino market.

Global casino operators on Japan charm offensive

27 Jan 2017

TOKYO Global casino operators are stepping up their efforts to woo local partners and venue hosts in Japan, even though it may be a year before lawmakers lay out the ground rules for what could be the world's second-biggest casino market.

World News

China warns UK: 'Dumping' Huawei will cost you

China warned British Prime Minister Boris Johnson on Wednesday that his decision to ban Huawei from the 5G network would cost Britain dearly in investment, casting the move as the result of politicised pressure from U.S. President Donald Trump.