Bank of Tokyo-Mitsubishi to reduce branches by 10-20 pct

October 29, 2017

TOKYO- Bank of Tokyo-Mitsubishi UFJ plans to cut the number of branches in Japan by 10 pct to 20 pct from the current some 480, informed sources said Sunday. In the past 10 years, the bank saw the number of

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Japan Finance Ministry opposes free higher education for all

October 29, 2017

TOKYO- The Finance Ministry has found it inappropriate to make higher education in Japan free of cost without exception, according to informed sources. The ministry now believes that the proposed program, as part of Prime Minister Shinzo Abe’s initiative to

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Work to store tainted soil at Fukushima facility begins

October 29, 2017

FUKUSHIMA- Japan’s Environment Ministry started Saturday bringing tainted soil in one of interim storage facilities for radioactive waste in Fukushima Prefecture. Soil generated from work to decontaminate areas hit by fallout from the March 2011 triple meltdown at Tokyo Electric

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NATO leader urges all nations to put pressure on N. Korea

October 29, 2017

BRUSSELS- North Atlantic Treaty Organization Secretary-General Jens Stoltenberg on Friday called on all nations to continue to put pressure on North Korea in the face of increasing threats from the reclusive state. “No NATO allies and of course NATO do

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Typhoon Saola moves off Japan, disrupts traffic

October 29, 2017

TOKYO- Typhoon Saola moved east-northeast over the Pacific Ocean off the western to central coast of Japan on Sunday, causing cancelations of air flights and train services. The 22nd typhoon this season is expected to weaken into low pressure off

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Japan urges China to become more transparent about military

October 28, 2017

TOKYO- Japan on Friday urged China to become more transparent about its expanding military after Chinese President Xi Jinping announced a goal of making his country a strong power. The two countries’ foreign affairs and defense officials held security talks

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Fines on firms blocking FTC probes to be raised

October 28, 2017

Tokyo- The Japanese government is considering a law revision to raise fines on companies that block antitrust investigations by the Fair Trade Commission, Jiji Press learned Friday. An early draft of a bill to revise the antimonopoly law, drawn up

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BOJ massive monetary easing set to continue with pros, cons

October 28, 2017

TOKYO- The landslide victory of Japanese Prime Minister Shinzo Abe’s ruling coalition in the latest general election is set to allow the Bank of Japan to continue its massive monetary easing policy, bringing relief and caution among Japanese market players.

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