... bank’s effort to strengthen its foreign holdings in response to a slump in domestic operations stemming from the Bank of Japan’s negative interest rate policy. The acquisition is expected to lift the proportion of overseas operations to nearly 50 ... ( read original story ...)
New report: Shadow banking market analysis and forecasts
This report of Shadow Banking Market studies Shadow Banking in United States, EU, Japan, China, India and Southeast Asia and United States market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in United ... ( read original story ...)
Teachers and schools in Japan brace for icebergs in 2018
Japan’s first lady had been listed as honorary principal for the planned school. Finance Ministry officials claimed that they sold the land in suburban Osaka for ¥134 million, rather than the appraised ¥956 million, due to the cost of removing ... ( read original story ...)
Japan turns on the charm to win over tourists
Some financial institutions and other businesses in Japan are ... instead of going to big cities like Tokyo and Osaka," Mr Hamabe says. Insurance companies are also getting in on the act. Tokyo Marine & Nichido Fire Insurance set up a 24-hour call centre ... ( read original story ...)
Tokyo-bound flight turns around because of unauthorized person — and a model tweets the play by play
A flight from Los Angeles to Tokyo turned back on Tuesday because of an apparent mix-up involving an unauthorized passenger on board — while a fashion model repeatedly tweeted about the episode to 9.2 million her followers. All Nippon Airways (Tokyo ... ( read original story ...)
How the Creater of Zalo, Vietnam’s Home-Grown Chat App, Went From Hacker to Manager
Every year, Tokyo and Osaka draw millions of visitors with their incredible food ... It aims to be the first Vietnamese company to conduct an overseas IPO. Zalo faced significant challenges early on. Khai explains: “It was an uphill battle because ... ( read original story ...)
Nikkei inches up, crude rally lifts oil-related shares
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei ended 0.08 percent higher at 22,911.21. With crude prices reaching 2-1/2-year highs, Inpex Corp , an oil ... ( read original story ...)
Japan takes up Jerusalem issue, proposes 4-party talks
ANMAN -- Japanese Foreign Minister Taro Kono, currently touring the Middle East, has proposed four-party talks in Tokyo, a senior official of the Israeli Prime Minister's Office told The Nikkei. The proposal is aimed at easing the tensions that U.S ... ( read original story ...)
Nikkei inches higher; crude rally supports oil-related shares
Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei was 0.09 percent higher at 22,912.43. Ship builder Kawasaki Heavy Industries advanced 7.5 per cent after announcing that it will ... ( read original story ...)
Nikkei inches higher; crude rise supports oil-related shares
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average inched up on Wednesday, with a rally in crude prices supporting oil-related shares. The Nikkei was 0.09 percent higher at 22,912.43. With crude prices reaching 2-1/2-year highs, Inpex Corp , an oil and ... ( read original story ...)
Japan wraps up second-busiest IPO year in a decade
TOKYO -- Japan's initial public offerings in 2017 featured a large number of small players across a broad range of sectors, supported by an influx of capital from bullish retail investors. The Tuesday debut of Optimus Group on the second section of the ... ( read original story ...)
Japan’s Biggest Bank to Introduce Safety Net for Bitcoin Investors
The largest Japanese financial enterprise Mitsubishi says it will offer a regulatory framework for bitcoin trading, aimed at reducing the risks and suppressing market volatility, whilst extracting a substantial profit from the scheme. Kristian Rouz ... ( read original story ...)
Japan’s MUFG seeks majority of Indonesia’s Bank Danamon
TOKYO (Reuters) - Mitsubishi UFJ Financial Group (MUFG) (8306.T) said on Tuesday it agreed to buy 73.8 percent of Bank Danamon Indonesia (BDMN.JK), as it looks to build a foothold in Southeast Asia’s biggest economy. MUFG said it aimed to buy up to 100 ... ( read original story ...)
The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Japan’s Largest Financial Group MUFG to Make a Strategic Investment in Indonesia’s Bank Danamon
Mitsubishi UFJ Financial Group, Inc.’s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“MUFG”) announced today that it has entered into conditional share purchase agreements with Asia Financial (Indonesia) Pte. Ltd. (“AFI”) and ... ( read original story ...)
Mitsubishi UFJ Financial : Japan’s largest financial group MUFG to make a strategic investment in Indonesia’s Bank Danamon
MUFG seeks to take a 73.8% majority stake in Bank Danamon, reaffirming Indonesia's importance in its regional strategy Japan, 26 December 2017 - Mitsubishi UFJ Financial Group, Inc.'s commercial banking entity The Bank of Tokyo-Mitsubishi UFJ, Ltd. ("MUFG ... ( read original story ...)
Government-backed lender taps ex-Finance Ministry official as chief in ‘amakudari’ appointment
Former Vice Finance Minister Kazuho Tanaka has been tapped as the next governor and chief executive of Japan Finance Corp. to succeed Koichi Hosokawa, 70, one of Tanaka’s predecessors at the ministry. The transfer of the top post of a government ... ( read original story ...)