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Tokyo stocks rebound on weaker yen

via The Japan Times    May 24, 2017

Stocks turned higher on the Tokyo Stock Exchange Wednesday, helped by the yen’s fall against the dollar. The 225-issue Nikkei average gained 129.70 points, or 0.66 percent, to finish at 19,74...

Inheritance tax avoidance, cheap mortgages driving a rental housing bubble

via The Japan Times    May 23, 2017

New apartment buildings tower above Tokyo's Kachidoki area. A boom in rental housing construction could be facing collapse thanks to excessive supply and the shrinking population. | BLOOMBERG

Apartment construction is booming as the wealthy rush to invest in rental housing as a way to reduce inheritance tax and banks hand out easy ...

Daiwa Securities not forming capital ties with banks, president says

via The Japan Times    May 22, 2017

Seiji Nakata | BLOOMBERG

Daiwa Securities Group Inc. has no plans to form a capital alliance with a major banking group, President and Chief Executive Officer Seiji Nakata, said in a recent interview. No capital alliance w...

Hitachi aims to become leader of Thai elevator market by 2020

via The Japan Times    May 22, 2017

Hitachi Ltd.’s elevator and escalator distributor in Thailand is projecting aggressive sales growth to restore its top position in the local market in the next three years. Michael Tang, vice...

Japanese firms’ net profits surged 21% in fiscal 2016: Jiji tally

via The Japan Times    May 15, 2017

Combined group net profits at major Japanese nonfinancial companies soared 21.1 percent in fiscal 2016, which ended in March, according to a Jiji Press tally. The survey covered 1,117 nonfinancial ...

Small Tokyo firm Olympos working to re-create wartime trainer aircraft

via The Japan Times    May 15, 2017

Satoru Shinohe, president of Olympos, a small aircraft maker known for its unique products, poses for a photo at his company in western Tokyo last month. | KYODO

Olympos, a small Japanese aircraft maker known for its unique products such as a real-life version of a fictional glider from popular animation, is now working on re-creating a defunct classic trai...

Tokyo stocks fall further on yen’s rise

via The Japan Times    May 15, 2017

Stocks lost further ground on the Tokyo Stock Exchange Monday, weighed down by the yen’s strengthening against the dollar. The 225-issue Nikkei average fell 14.05 points, or 0.07 percent, to ...

Japan Post logs ¥29 billion net loss; first since privatization

via The Japan Times    May 15, 2017

Masatsugu Nagato | BLOOMBERG

Japan Post Holdings Co. logged a group net loss of ¥28.98 billion for fiscal 2016, its first red ink since its privatization in 2007, due to a massive write-down of its Australian logistics ar...

Nomura in talks with Japan Post over real estate unit sale, sources say

via The Japan Times    May 13, 2017

Nomura Holdings is in discussions to sell its stake of about one-third in the brokerage’s real estate unit to Japan Post Holdings, according to people familiar with the talks. Japan Post, whi...

Hi-speed rail will usher in new era of travel in United States

By Karl Cryer
-    Nov 12, 2015

One of the operators of the world’s first high-speed train, East Japan Railway Company (JR East), believes that the U.S. market is ripe for so-called bullet trains, which will introduce a new...

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