Lawson Completes Preliminary Banking License Examination
June 26, 2018
Tokyo- Major convenience store chain operator Lawson Inc. said Tuesday a preliminary regulatory examination by Japan’s Financial Services Agency for a banking licence has been completed. Lawson Bank Preparatory Co., a Lawson subsidiary, will apply for a final examination by
Glitch Hits Mizuho Securities Online Service
June 26, 2018
Tokyo- Mizuho Securities Co. said Tuesday that it has suspended online securities trading service due to a system glitch. The Japanese company, a unit of Mizuho Financial Group Inc., is trying to restore the service and identify the cause of
PSE index back to 7,000-pt level; peso at P53.47:$1
June 26, 2018
The Philippine Stock Exchange index closed higher to climb back to the 7,000-point level on Tuesday, but the broader market showed a decline. The index closed at 7,007.2, up 20.33. In the broader market, there were 127 declines, 78 gainers
Nissan Eyes Capital Restructuring in Alliance with Renault
June 26, 2018
Yokohama- Nissan Motor Co. Chairman Carlos Ghosn on Tuesday indicated again his intention to review the capital structure of his company’s alliance with France’s Renault SA. At a general shareholders meeting in Yokohama, south of Tokyo, Ghosn, also chairman and
Nomura Loses RMBS Lawsuit in U.S.
June 26, 2018
Tokyo- Japanese brokerage giant Nomura Holdings Inc. has lost a lawsuit over sales of residential mortgage-backed securities in the United States. Nomura said on Monday that the U.S. Supreme Court the same day rejected an appeal filed by U.S. units
Panasonic to Launch “Minpaku” Biz through Subsidiary
June 26, 2018
Osaka- Panasonic Homes Co. plans to launch “minpaku” private lodging business to meet demand from users including foreign tourists, company officials have said. The subsidiary of Japanese electronics giant Panasonic Corp. will propose to landowners in Tokyo, Osaka Prefecture, western
Leroy Becomes Highest-Paid Toyota Executive
June 26, 2018
Nagoya- Toyota Motor Corp. Executive Vice President Didier Leroy has become the highest-paid official ever at the top Japanese automaker, according to its financial report for the business year to March 2018. Toyota paid 1,026 million yen to Leroy, 60,
Russia World Cup’s Economic Effects Put at 21.5 B. Yen on Japan
June 26, 2018
Tokyo- Japan can enjoy economic effects of around 21.5 billion yen if it reaches the knockout stage at the ongoing FIFA World Cup in Russia, an analyst estimates. Consumption in Japan will rise thanks to increased attendance at soccer matches
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