Last Update: 11/16 2018 11:00 JST

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Business and Economy

Selected stories from Japan's leading economic news service

This section provides selected stories from Nikkei Asian Review, a subscription-based English news service of Nikkei, Inc. Please click on the above logo to find more details.

  • Suruga Bank suffers $867m loss for tumultuous 6 months 11.16.2018

    Suruga Bank posted a net loss of 98.5 billion yen [$867 million] for the April-September half as it finally clears all its bad debt and charts its recovery from a damaging lending scandal.>>

  • Marriott hotel tie-up set to lure foreign visitors to rural Japan 11.13.2018

    Tourists to Japan will have an easier time experiencing some of the country's lesser-known destinations as U.S.-based Marriott International partners with Japanese homebuilder Sekisui House to launch a chain of rural hotels.>>

  • Hoshino Resorts plans to open Japanese-style inn in US 11.07.2018

    Japanese hotel operator Hoshino Resorts is planning to bring its traditional inns, or ryokan, to the U.S., to offer customers there a unique cultural experience, said CEO Yoshiharu Hoshino at the Nikkei Global Management Forum in Tokyo on Tuesday, November 6.>>

  • French casino operator Barriere prepares Japan debut 11.07.2018

    French hospitality group Barriere will set up a Japanese unit in November to prepare for entering the casino business legalized under new legislation, seeking to attract customers with its luxury European brand.>>

  • Orix to take full control of condominium unit Daikyo 10.29.2018

    Japanese financial services group Orix plans to turn condominium developer Daikyo into a wholly owned subsidiary so that the two can more effectively capitalize on growing demand for commercial-residential complexes.>>

  • Mitsui completes first of two New York towers worth $5bn 10.22.2018

    Mitsui Fudosan has built a 51-story office building in New York, demonstrating Japanese developers' strong appetite for overseas investment as their home market shrinks. The company announced Friday, October 19 that it has completed 55 Hudson Yards in the heart of Manhattan.>>

  • Tokyo leads Asia in urban appeal, but trails London and New York 10.22.2018

    Tokyo maintained its status as the top city in Asia and lagged only London and New York in the latest ranking of attractive cities by a private think tank, but the two leaders pulled further ahead of the Japanese capital due to their cultural and business appeal.>>

  • BOJ, Tokyo Station among buildings using suspect quake dampers 10.19.2018

    The Bank of Japan's head office, a Tokyo Station building and the international terminal of Haneda Airport are some of the major structures found to be installed with earthquake dampers from producer KYB, which has admitted to falsifying quality test data, according to a Japanese government report.>>

  • NTT to hold tender offer for urban development unit 10.16.2018

    Nippon Telegraph and Telephone aims to turn majority-owned unit NTT Urban Development into a wholly owned subsidiary via a tender offer, in a bid to consolidate and strengthen its real estate business.>>

  • Casino company Melco envisions esports as big draw for Japan resort 10.16.2018

    A Hong Kong based casino operator is hoping to attract millennials and Chinese tourists into its planned new Japanese resort with an esports stadium, in a sign of the rapidly growing appetite for competitive gaming at all levels.>>


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