Month: February 2017

Japan's merchandise trade balance with the rest of the world came to a Y1.087 trillion deficit. Economists polled by the Nikkei had forecast a Y629.3 billion deficit. Overall imports climbed 8.5% in January to Y6.509 trillion for the first rise in 25 months. ( read original story ...)

Developing games for the Nintendo Switch just got way more affordable. At the Game Creators Conference 2017 in Osaka, Japan, Nintendo announced that Switch development kits would only cost 50,000 yen, or roughly $450. More: Nintendo’s Switch is one ... ( read original story ...)

... to speak on "Looking Back on 10 Years at the Federal Reserve Bank of Atlanta" before the 2017 Banking Outlook Conference - 1335 GMT. YAMANASHI, Japan - Bank of Japan policy board member, Takahide Kiuchi, to meet with business leaders. MONDAY, FEBRUARY ... ( read original story ...)

TOKYO Sumitomo Mitsui Banking Corp (SMBC), one of the main lenders to Toshiba Corp (6502.T), will provide as much support as possible to the troubled Japanese firm, the bank's chief executive said. The TVs-to-nuclear conglomerate is scrambling for cash to ... ( read original story ...)

aka the central bank of central banks, noted on Friday that over the last 16 years, debts of governments, households and corporations has gone up…everywhere. In the U.S., debt is up 63%. The Eurozone, Japan, U.K., Canada and Australia average around 52%. ( read original story ...)

such as the Government Pension Investment Fund and the Japan Bank for International Cooperation. Many of the projects and figures come from pre-existing private sector initiatives, but these two government organisations have acted as Abe’s purse ... ( read original story ...)

After opting out of the proposal to approach the Japanese International Cooperation Agency (JICA) for loan, the State government is heavily banking on funding by the German and French development banks KfW and Agence Francaise de Development (AFD ... ( read original story ...)

Kirit reports to Derrick Tan, Bank of Singapore’s Global Market Head for Malaysia, Brunei, Japan, Sub-Continent and Middle East. Under Kirit’s leadership, Bank of Singapore has registered stellar growth in the Middle East region - doubling its assets ... ( read original story ...)

The IMF said Sunday it would provide $40 million over three years. It says the Asian Development Bank, World Bank, Japan and South Korea are expected to provide up to $3 billion, and the People's Bank of China is expected to extend its $2 billion swap line ... ( read original story ...)

“The Asian Development Bank, the World Bank and bilateral partners including Japan and Korea are expected to provide up to another US$3 billion in budget and project support, while the People’s Bank of China is expected to extend its 15 yuan billion ... ( read original story ...)