Edition:
United Kingdom

Takaya Yamaguchi

Japan Post Bank admits improper sales to elderly clients, discovers 19,500 cases

13 Sep 2019

TOKYO Japan Post Bank Co Ltd said on Friday it had improperly sold investment trust products to elderly customers in about 19,500 cases, the latest instance of misconduct at the state-backed postal and financial group before a planned share sale.

Japan's MUFG looks online to boost Africa, Middle East networks

12 Sep 2019

TOKYO MUFG Bank Ltd plans to roll out an online platform to help clients find business partners in countries outside of Asia where it does not have a strong network, an official with Japan's largest lender said.

Japan pension funds boost alternative assets in yield hunt, Mizuho says

02 Sep 2019

TOKYO, Sept 3 Japanese pension funds are showing a growing appetite for investing in real estate and corporate debt as they seek higher returns in alternative assets amid ultra-low yields, the head of Mizuho Financial Group's trust banking arm said.

South Korea accuses Japan of 'lukewarm' stand on North Korea sanctions

16 Jul 2019

SEOUL/TOKYO Relations between U.S. allies South Korea and Japan deteriorated on Tuesday with South Korea questioning Japan's commitment to U.N. sanctions against North Korea, while a South Korean legal case looked set to aggravate old wartime animosity.

Japan, South Korea raise stakes in dispute over forced labor

10 Jul 2019

TOKYO/SEOUL Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports it had transferred a sensitive chemical to North Korea.

Japan rebuffs Seoul's calls to scrap export curbs

10 Jul 2019

TOKYO/SEOUL Japan pushed back on Tuesday against calls from South Korea to scrap curbs on some high-tech exports, ratcheting up tension in a decades-old diplomatic dispute that threatens to disrupt the global supply of memory chips and smartphones.

CORRECTED-UPDATE 2-Japan rebuffs Seoul's calls to scrap export curbs

10 Jul 2019

TOKYO/SEOUL, July 9 Japan pushed back on Tuesday against calls from South Korea to scrap curbs on some high-tech exports, ratcheting up tension in a decades-old diplomatic dispute that threatens to disrupt the global supply of memory chips and smartphones.

Japan says to implement flexible policy if economic risks materialize

11 Jun 2019

TOKYO Japan's government is set to raise the sales tax as planned in October, while it stands ready to take flexible macroeconomic policy steps in case risks to the economy materialize, a mid-year policy roadmap released by the government said on Tuesday.

Japan's policy guidelines call for more stimulus next year: draft

04 Jun 2019

TOKYO Japan should deploy expansive fiscal stimulus "without hesitation" next year if overseas economies pose downside risks to growth, a draft of the government's annual economic policy roadmap seen by Reuters showed on Tuesday.

Japan business lobby urges sales tax hike to proceed as planned

30 May 2019

TOKYO The head of a Japanese business lobby said a planned sales tax hike should proceed in October to sustain the social security system for a rapidly ageing population, despite calls from elsewhere to postpone it given growing economic challenges.

World News

Iran says it will destroy any aggressor

Iran will pursue any aggressor, even if it carries out a limited attack, and seek to destroy it, the head of the elite Revolutionary Guards said on Saturday, after attacks on Saudi oil sites which Riyadh and U.S officials blamed on Tehran.