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Updated: 26 min 2 sec ago

SoftBank's Son richest Japanese on Forbes' billionaire ranking

March 4, 2014 - 21:52
SoftBank Corp. President Masayoshi Son is the richest Japanese with 18.4 billion dollars in net worth, according to U.S. magazine Forbes' 2014 list of billionaires in the world, released Monday. (The Japan News)
Categories: Japan News

Japan govt picks new chief of embattled JR Hokkaido

March 3, 2014 - 22:02
The Japanese government is set to appoint Osamu Shimada, 56-year-old president of JR Hokkaido Hotels Co., as the next president of embattled Hokkaido Railway Co., or JR Hokkaido, informed sources said Monday. (Jiji Press)
Categories: Japan News

Domestic regular mail, postcards to go up Y2

March 3, 2014 - 21:40
Japan Post Co. on Monday began selling stamps and postcards for the new postal fees that will go into effect on April 1 in line with the consumption tax rate hike the same day. (The Japan News)
Categories: Japan News

In Japan, delivering pizza is no easy task

March 3, 2014 - 10:13
If you move to Japan and have a sudden craving for good old-fashioned American pizza, expect to have a hard time finding a simple, pepperoni-topped slice. While Americans like to keep things simple with tomato sauce, cheese, and a few slices of pepperoni, the Japanese prefer to cover their pizza with mayonnaise and sprinkle a generous amount of sweet corn on top. (The Diplomat)
Categories: Japan News

1st suit against Mt. Gox filed in U.S.

March 2, 2014 - 21:48
An American customer has filed a damages lawsuit against Mt. Gox, the first such case against the Tokyo-based troubled major bitcoin exchange. (Jiji Press)
Categories: Japan News

Japan's Fast Retailing mulls buying J.Crew

March 1, 2014 - 23:10
Japan's Fast Retailing Co Ltd , parent of apparel chain Uniqlo, has expressed interest in buying J.Crew Group Inc from its private equity owners, a person familiar with the matter said on Friday. (Reuters)
Categories: Japan News

Mt. Gox could follow Japan bankruptcy with U.S. case

March 1, 2014 - 23:07
Mt. Gox on Friday filed for bankruptcy protection in Japan, and it could be a matter of time before the troubled bitcoin exchange takes the same step on U.S. soil. (Wall Street Journal)
Categories: Japan News

Work starts on new fish market to replace Tsukiji site

February 28, 2014 - 23:50
Construction work began Friday on a new wholesale fish and fruit and vegetable market in Tokyo to replace the current site at Tsukiji. (Japan Today)
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Mazda opens new plant in Salamanca, Mexico

February 28, 2014 - 23:40
Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico Friday, calling it the company's "most important global strategic base." (autoweek.com)
Categories: Japan News

Mt. Gox bitcoin exchange files for bankruptcy in Japan

February 28, 2014 - 23:04
The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection, acknowledging that a significant amount of the virtual currency had gone missing. (cbsnews.com)
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Aso eager to study 'bitcoin' trouble with ministries, agencies

February 28, 2014 - 03:17
Japanese Finance Minister Taro Aso on Friday expressed eagerness to hold discussions with other ministers and government agencies about what is behind the recent trouble in the "bitcoin" virtual currency market. (Kyodo)
Categories: Japan News

Mongolian firm again denied bid to buy Tokyo bldg

February 27, 2014 - 22:18
A Japanese high court has blocked a Mongolian company's bid to buy the Tokyo headquarters of a pro-North Korean residents' group. (NHK)
Categories: Japan News

Mt. Gox chief says he is 'still in Japan' to solve issues

February 27, 2014 - 04:02
The chief executive of troubled bitcoin exchange Mt. Gox has denied speculation that he fled Japan in the wake of its sudden operational shutdown and said work is under way to solve various issues. (Kyodo)
Categories: Japan News

Turning Japan into a global gambling hotspot may be just the ticket for Abenomics

February 26, 2014 - 23:11
The world's biggest gambling company has vowed to spend "whatever it takes" (up to $10 billion) to set up a casino in Japan. Las Vegas Sands CEO Sheldon Adelson's pledge comes at an auspicious time, with the Japanese government considering legalizing casinos and in desperate need of an economic boost. (Quartz)
Categories: Japan News

Japan probing bitcoin exchange

February 26, 2014 - 22:26
Japanese authorities on Wednesday started probing the troubled MtGox bitcoin exchange after claims of a multi-million dollar theft from its digital vaults, as US prosecutors reportedly served a subpoena on the company. (channelnewsasia.com)
Categories: Japan News

After WhatsApp and Viber, buyers are circling around Japan's messaging app Line

February 25, 2014 - 22:47
Japan's SoftBank wants to buy some or all of Line, a wildly popular messaging app, Bloomberg reports. Line, which is based in Japan but is owned by South Korea's Naver Corporation, has 360 million users worldwide, most of them in East Asia. (Quartz)
Categories: Japan News

'Turning point' as bitcoin exchange Mt Gox shuts down

February 25, 2014 - 22:11
Mt. Gox, once the world's biggest bitcoin exchange, abruptly stopped trading on Tuesday and its chief executive said the business was at "a turning point" but gave no details. (Jiji Press)
Categories: Japan News

NHK Chairman Hamada scolds President Momii again

February 25, 2014 - 22:01
Japan Broadcasting Corp. (NHK) Chairman Kenichiro Hamada on Tuesday scolded Katsuto Momii, president of the public broadcaster, again over an additional gaffe. (Jiji Press)
Categories: Japan News

Convenience stores brewing coffee

February 24, 2014 - 22:25
Sales of freshly brewed coffee at major convenience stores have been brisk, as customers seem eager to get their hands on a cup of real coffee quickly and at a reasonable price. (The Japan News)
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Mexico to trump Japan as No. 2 car exporter to US

February 23, 2014 - 01:06
Mexico is on track to become the United States' No. 1 source of imported cars by the end of next year, overtaking Japan and Canada in a manufacturing boom that's turning the auto industry into a bigger source of dollars than money sent home by migrants. (Washington Post)
Categories: Japan News

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