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Politics

3 cities emerge as front-runners to become Japan's global finance hub

Tokyo, Osaka and Fukuoka will race to attract foreign talent under Suga plan

Tokyo at night. The capital city has traditionally been seen as Japan's global financial hub, but other cities in the country will be encouraged to raise their profiles in the arena.   © Reuters

TOKYO -- Three cities -- Tokyo, Osaka and Fukuoka -- will compete to become Japan's next international financial center under a plan developed by Prime Minister Yoshihide Suga.

Japan "can expect a market revitalization by attracting financial personnel from overseas," Suga told Nikkei and other media outlets in early October.

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