Japan's lower house of parliament on Tuesday passed a long-awaited bill to legalise casinos, a big step towards opening up a market that analysts say could be worth some $30 billion a year. Some opposition members walked out of the chamber before the vote ... ( read original story ...)
New Manufacturing Hub in Japan Complements UK Production Operation and Expands Capacity for Famed Raspberry Pi Microcomputer
"Asia Pacific is a significant growth market for Raspberry Pi, and this new 'Made in Japan' element means that we are now geared up for this growth." All versions of the Raspberry Pi will be available to order at sg.rs-online.com. Driven by the powerful on ... ( read original story ...)
'Fintech' poses challenges for banking-sector stability: BOJ's Kuroda
Bank of Japan Governor Haruhiko Kuroda said on Monday. Financial authorities regulate the banking sector by imposing constraints on the balance sheets of commercial banks, including setting capital requirements and liquidity standards. But Kuroda told a ... ( read original story ...)
Nikkei falls as Italian referendum result creates sell opportunity
TOKYO, Dec 5 (Reuters) - Japan's Nikkei share average fell on Monday after Italian Prime Minister Matteo Renzi's defeat in a constitutional reform referendum gave investors an opportunity to sell into a market that had rallied to 11-month highs late last week. ( read original story ...)
Nikkei falls as Italy vote creates selling opportunity
TOKYO Dec 5 Japan's Nikkei share average fell on Monday after Italian Prime Minister Matteo Renzi's defeat in a constitutional reform referendum gave investors an opportunity to sell into a market that had rallied to 11-month highs late last week. ( read original story ...)
Mizuho, SMBC in talks to provide 800 million euros in loans to Gazprom: sources
TOKYO Japan's Mizuho Bank and Sumitomo Mitsui Banking Corp are working on a deal to provide 800 million euros ($845 million) in loans to Russian gas giant Gazprom, sources familiar with the matter said on Monday. The banks are in talks to finalize the deal ... ( read original story ...)
Mizuho, SMBC in talks to provide 800 mln euros in loans to Gazprom-sources
TOKYO Dec 5 Japan's Mizuho Bank and Sumitomo Mitsui Banking Corp are working on a deal to provide 800 million euros ($845 million) in loans to Russian gas giant Gazprom, sources familiar with the matter said on Monday. The banks are in talks to finalise ... ( read original story ...)
Building 'Team Thailand' with Exim
saying it's important that the bank serve a purpose beyond being just another state bank. "My plan is to make Exim play a role similar to that of Japan's JBIC," he says. JBIC (Japan Bank for International Cooperation) is a Japanese public financial ... ( read original story ...)
Japan Ups Its Game Against China's Belt And Road
This JV is made up of Mitsubishi UFJ Lease & Finance (47.55%), Hitachi Capital (47.55%), and Bank of Tokyo-Mitsubishi UFJ (4.9%) and aims to invest $878 million into Japanese-directed infrastructure projects, such as railways and power plants, throughout ... ( read original story ...)
SMFG plans nominating committee to pick top execs more transparently
Sumitomo Mitsui Trust’s voluntary nominating committee has started searching for successors to President Kunitaro Kitamura, 64, and Hitoshi Tsunekage, 62, president of subsidiary Sumitomo Mitsui Trust Bank. Both are expected to step down as early as ... ( read original story ...)
Japan, Russia to create ¥100 billion fund to boost economic ties in Far East region
The planned fund will be set up probably next year, with the Japan Bank for International Cooperation and the Russian Direct Investment Fund splitting the capital, the sources said. In boosting economic ties with Russia, Japan aims to make progress in the ... ( read original story ...)
Qatar Financial Centre concludes Asia Roadshow
Some of our valued Japanese partners are here with us today such as Bank of Tokyo Mitsubishi, Sumitomo Mitsui Banking Corporation, and Fujifilm. This roadshow aims to explain more about Qatar and about how the QFC can be an attractive platform for Japanese ... ( read original story ...)
Japan and the Monetary Policy Magical Mystery Tour
But as Japan is painfully discovering ... The gold reserve of each country, secured in respective central bank vaults, constituted the foundation for both credit creation by commercial banks and the “legal tender” or banknotes issued by the central ... ( read original story ...)
Japan’s Monetary Base 21.5% vs. 23.2% forecast
Investing.com - Japan’s monetary base fell unexpectedly last month, official data showed on Thursday. In a report, Bank of Japan said that Japan’s Monetary Base fell to 21.5%, from 22.1% in the preceding month. Analysts had expected Japan’s Monetary ... ( read original story ...)
DAILY BRIEFING: Britain needs a staggered departure from the EU, warns banking lobby group
BANKING BREXIT Britain must negotiate a staggered departure ... a boost after its treatment for chronic obstructive pulmonary disease was approved in Japan. The Japanese Ministry of Health has given a nod to the Relvar Ellipta inhaler which was approved ... ( read original story ...)
Japan regulators working on new rules to prevent leaks by company executives
Marking the first time that Japan will adopt statutory rules on corporate disclosure, the move will likely broaden the scope of current requirements put in place by the Tokyo Stock Exchange and clarify what constitutes material and insider information. ( read original story ...)