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  • Senior Kyodo News official dismissed over improper act

    News on Japan - Monday 20th May, 2013

    Kyodo News said Monday that it has dismissed Satoshi Kondo, 51, deputy chief of its general administration bureau and former personnel affairs division chief, for meeting individually with a female student searching for a job and doing an inappropriate act. In December last year, Kondo met with the student, who aimed to take a 2013 employment examination for Kyodo News, and taught her on ...

  • Japans brokerages look abroad despite boom at home

    News on Japan - Monday 20th May, 2013

    Booming stock markets at home have helped drive earnings at Japan's two biggest brokerages to multi-year highs. But the companies still see the rest of Asia as key to profits in the long term, even as they lose money and cut staff in those ...

  • Is the Weak Yen Already Becoming A Problem for Japan

    FXstreet - Monday 20th May, 2013

    Since BOJ Governor Haruhiko Kuroda was appointed into office by Japanese Prime Minister Shinzo Abe, the BOJ has become keen on boosting the economy and weakening the yen. The bank has launched aggressive measures to ease monetary policy. This has then led the yen to drop to multi-year lows against some of its counterparts. Now that USD/JPY has risen above the major 100.00 psychological level, ...

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  • Sony’s next gaming system is an out-of-focus black rectangle

    Ars Technica - Monday 20th May, 2013

    actually defended the company . After all, the look of the plastic shell surrounding the new PlayStation hardware didn't actually matter as much as the games on display. After seeing today's teaser trailer promoting the PS4's E3 press appearance, though, I have to think that Sony is just trolling us at this point. I mean what other conclusion is there to draw from the 39 second ...

  • Exclusive - Japan Inc. averse to further yen drop poll finds

    West Australian - Monday 20th May, 2013

    By Tetsushi Kajimoto and Kaori KanekoTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilise or recover ground, rather than continue a slide that will increasingly raise their costs.About half the Japanese companies in a new Reuters survey say the yen has fallen enough, just 15 percent want a further ...

  • Hope in Japan That Abenomics May Be Turning Things Around

    International Herald Tribune - Monday 20th May, 2013

    TOKYO ...

  • Abe’s Resurgent Japan Hurt by Lack of Business Spending

    General Sources - Monday 20th May, 2013

    Shinjuku Gyoen park, he says he begged the premier to help small- and medium-sized companies that make up 70 percent of Japan's industry. "Stocks and the yen may have come back, but the state of the real economy is very different," said Watanabe, 49, who has no plans to raise wages for his 17 employees and hasn't paid a bonus since 2008. "It's impossible for ...

  • PS4 News Sony Releases Teaser Right Before New Xbox Unveiling

    Christian Post - Monday 20th May, 2013

    Andrew House, president and Group CEO of Sony Computer Entertainment, speaks during the unveiling of the PlayStation 4 launch event in New York, February 20, ...

  • Ray Manzarek founding member of The Doors dies

    CBS News - Monday 20th May, 2013

    Ray Manzarek of The Doors performs at the Sunset Strip Music Festival launch party celebrating The Doors at the House of Blues in West Hollywood, Calif., on Aug. 16, ...

  • North Korea defies UN warnings and fires sixth short-range missile into the Sea of Japan

    ABC Australia - Monday 20th May, 2013

    Korea, Democratic People S Republic Of North Korea has fired another two short-range missile into the sea, defying warnings from the South and the United Nations.South Korea's military says the North has now fired six short-range guided missiles into the ocean off its east coast in three days.Pyongyang describes the launches as "military training", saying the real provocation is ...

  • Japans economic drive needs structural reforms

    Times of India - Monday 20th May, 2013

    structural reforms , voicing fear that recent growth could be just a "sugar high." Japan posted 0.9 per cent quarter-to-quarter growth in the three months through March, during which time Prime ...

  • Sony Entertainment Network Offering Music Unlimited Service In Brazil

    Hispanic Business Magazine - Monday 20th May, 2013

    Sony Network Entertainment International announced that Music Unlimited, the company's cloud-based digital music subscription service, is now live in Brazil. According to a release, the Music Unlimited service offers on- demand access to a global catalog of over 20 million licensed tracks from all major and many leading independent labels across an array of devices including PlayStation3 ...

  • Sony PlayStation 4 Developers Explore What Next Gen Gaming Will Deliver

    Forbes - Monday 20th May, 2013

    With the world awaiting the Xbox Reveal at Microsoft's Bellevue headquarters on May 21, gamers are anticipating a fall launch for the two consoles that will define next generation gaming - Sony's PlayStation 4 and Microsoft next Xbox, currently codenamed Durango. A couple of the top game developers for Sony's PS4 offer their thoughts on what gamers can expect from next gen ...

  • Goldman Sachs to invest in Japans green energy sector

    The China Post - Monday 20th May, 2013

    TOKYO--U.S. investment banking giant Goldman Sachs said Monday it will start investing in Japanese renewable energy projects, with a reported US$2.9 billion outlay over the next five ...

  • Bulls Stampede Into Japan ETFs

    General Sources - Monday 20th May, 2013

    In recent sessions, DXJ (WisdomTree Japan Hedged Equity) continues to impress, reeling in more than $1.3 billion and nearing the $10 billion mark now in terms of net AUM ($9.8 billion). EWJ (iShares MSCI Japan) also pulled in nearly $600 million last week, as the hunger for exposure to Japanese equities continues unabated. There is certainly no shortage of coverage of the stampeding bull market ...

  • Softbank planning 400 billion yen bond sale - Nikkei

    Reuters - Monday 20th May, 2013

    Mon May 20, 2013 2:50pm EDT (Reuters) - Softbank Corp (9984.T) is seeking to raise about 400 billion yen ($3.90 billion) through a sale of retail bonds to finance its bid for No.3 U.S. mobile phone carrier Sprint Nextel Corp (S.N), the Nikkei reported. The proceeds from the offering, which is expected to be launched as early as next month, will also be used for redeeming existing bonds, the ...

  • Sony offers firstglimpse of PlayStation 4 in teaser video

    MSNBC - Monday 20th May, 2013

    Sony released the first images of the PlayStation 4 today in a short teaser video. Sony has promised that it is going to give PlayStation fans a full picture of its upcoming next-generation gaming console, the PlayStation 4, at the company's E3 press briefing June 10. But not wanting to miss out on any of ...

  • Ex-EA CEO John Riccitiello Warns Sony And Microsoft Not To Forget Gamers

    Forbes - Monday 20th May, 2013

    jockey for attention in the upcoming console war, it's easy to see this is a two-horse race. There is a console market, there are two major players releasing next-gen consoles, and one of them will win. There is one point of view that wonders whether both consoles might fail, because the era of dedicated gaming systems is coming to a close. That point of view of talks about the quickly ...

  • Japan Govt. Says Economy Picking up Moderately

    MENAFN - Monday 20th May, 2013

    (MENAFN - Qatar News Agency) Japan's government has upgraded its assessment of the Japanese economy for first time in two months, citing accelerating exports and the weakened yen. The Japanese Cabinet Office said in its monthly economic report for May that Japan's economy is picking up slowly. Last month, it said the economy was showing signs of recovery but still had some weak spots, ...

  • Ian Reifowitz Hello Republicans Japan Switches to Stimulus Gets Growth Europe Sticks With Austerity Stays in Recession

    Huffington Post - Monday 20th May, 2013

    right now in Japan and in Europe. Prime Minister Shinzo Abe has embarked on aggressive measures to stimulate Japan's long-moribund economy since he took office in December, and the result so far has been strong growth -- and, perhaps, liftoff after a triple-dip recession. Europe, on the other hand, remains mired in the muck of austerity and economic contraction. To briefly recap ...

  • Avoid excuses man up Obama tells black graduates

    Japan Times - Monday 20th May, 2013

    WASHINGTON - President Barack Obama on Sunday summoned the graduates of historically black Morehouse College to ';transform the way we think about manhood,'; urging the young men to avoid the temptation to make excuses and to take responsibility for their families and their communities. Delivering a commencement address at the all-male private liberal arts college in Atlanta, Obama ...

  • New Delhi cracks down on foreign-funded NGOs

    Japan Times - Monday 20th May, 2013

    ';Outsider art'; is relatively new in Japan and, as a genre, works made by self-taught Japanese artists are still not very well known on the category-delineating, label-loving international art scene. Now, though, ';Souzou: Outsider Art from Japan,'; an exhibition on view (through June 30) ...

  • Nissan Mitsubishi kick off joint minicar production

    Japan Times - Monday 20th May, 2013

    ';I was stopped by two men in a government-registered vehicle, blindfolded and dragged off the street. They took me away to a house in a place I did not know. I was forced into a room with blood all over the walls and floor, ...

  • Fukushima No. 1 can’t keep its head above tainted water

    Japan Times - Monday 20th May, 2013

    Tokyo Skytree will celebrate its first anniversary Wednesday but has not yet completed its prime mission of reliably broadcasting to households in the capital and its suburbs. Since December, the world’s tallest free-standing tower, at 634 meters high, has been making test broadcasts to ...

  • Economic assessment raised as weak yen fuels exports

    Japan Times - Monday 20th May, 2013

    Facts and figures: Prime Minister Shinzo Abe and members of his Cabinet attend a ministerial meeting on the government's monthly economic report at the Prime Minister's Office on Monday. | ...

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