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 ...)
German bank to sanction ₹2,500 crore for metro rail
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 ...)
Bank of Singapore officially opens its branch in DIFC
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 ...)
IMF agrees to loan $5B to Mongolia
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 ...)
IMF to loan Mongolia US$440 million as part of bailout package
“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 ...)
Job switching hits 7-year high in Japan
TOKYO -- More than 3 million Japanese workers changed jobs in 2016 as a labor shortage and the need for global expertise pushed employers to scour the market for technical professionals and veteran managers. The tally of 3.06 million, as reported by Japan ... ( read original story ...)
Dividends in Japan double from financial-crisis low
TOKYO -- Japan's publicly traded companies continue to return more profit to shareholders, with dividends headed toward a record 11.8 trillion yen ($104 billion) for fiscal 2016. Payouts are on track to rise for a seventh straight year, climbing 7% from ... ( read original story ...)
Japan Political Pulse: Is another economic 'bubble' approaching?
As a reporter for the Nikkei Shimbun's securities section, Nagano reported in depth on the economy and on the incidents that occurred during Japan's economic "bubble" years from the late 1980s to the early 1990s, gaining a reputation for skillful reporting. ( read original story ...)
Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei
TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion ... ( read original story ...)
Big data turns failed experiments into potential gold mines – Nikkei Asian Review
Often, data from unsuccessful research is shelved and forgotten, if not discarded altogether. But a couple of Japanese chemical companies — Sumitomo Chemical and Mitsubishi Chemical Holdings — have come to the realization that there is value hidden in ... ( read original story ...)
Toyota, Suzuki near technology partnership agreement, report says
Toyota Motor Corp. and Suzuki Motor Corp. are nearing a partnership agreement to develop technology for a variety of functions, including for self-driving vehicles, the Nikkei business daily reported. The two Japanese automakers could announce a deal as ... ( read original story ...)
Asian shares slip after Wall Street fall and Samsung arrest
KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.7 percent to 19,220.59.South Korea's Kospi edged down 0.2 percent to2,077.39. Australia's S&P/ASX 200 fell nearly 0.2 percent to 5,805.80. Hong Kong's Hang Seng shed 0.5 percent to 23,979.67, while the ... ( read original story ...)
US: Remembering Japanese internment camps 75 years on
Now, he eats a light sandwich and salad at Mitsuru Sushi & Grill, a restaurant in Los Angeles' Little Tokyo, where he and other Japanese American community leaders often met when they were founding Nikkei Civil Rights and Redress (NCRR). It is an advocacy ... ( read original story ...)
BOJ's Kuroda warns low rates may sow the seeds of a new financial crisis
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan January 31, 2017. REUTERS/Toru Hanai TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions ... ( read original story ...)
Bank Of Japan Warns Low Rates May Sow Seeds Of New Financial Crisis
Tokyo: Bank of Japan Governor Haruhiko Kuroda said low profitability at financial institutions could sow the seeds of a new financial crisis, offering his strongest warning to date of the demerits of aggressive monetary easing pursued by major central banks. ( read original story ...)
Japan Post Bank returning to U.S. bonds after post-Trump yield spike
Japan Post Bank is slowly returning to the U.S. bond market after yields spiked following the U.S. election, although the bank sees yields rising further later this year, its chief investment officer said. The Japanese bank is starting to rebuild its ... ( read original story ...)