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[ad_1] The Finance Ministry is temporarily excluding Nomura Holdings from taking part in government debt auctions after the firm admitted to manipulating the bond futures market.Nomura will be suspended from "special entitlements” of Japanese government bond dealers for a month from Tuesday, the ministry said in a statement on its website on Friday.The action is another setback for Nomura after the revelations led several companies including Toyota Finance to take […]

[ad_1] Tokyo police have referred a 40-year-old male manager of a go-kart rental company in the capital to prosecutors for allegedly violating traffic laws by renting out karts to two foreign tourists without valid licenses. According to Metropolitan Police Department sources, the police requested “severe penalties,” meaning they strongly recommend that prosecutors indict the individual. The manager has admitted to the charges, claiming he was too busy at the reception […]

[ad_1] Japan’s largest opposition party just made the Oct. 27 general election more interesting with a surprise policy that could have significant implications for the race and, potentially, for the economy as a whole.　The Constitutional Democratic Party of Japan issued a platform statement Monday that calls for redefining the Bank of Japan’s inflation target to “above 0%” from the current 2%.Such an adjustment in the target could result in higher […]