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Posted on 10/10/2023

MUFG, Japan Banks Disrupted by Glitches at Money Transfer System

Japan’s online bank transfer system is experiencing glitches that are disrupting cash remittances at MUFG Bank Ltd. and 10 other lenders.

Posted on 10/10/2023

UPDATE 1-Glitch at Japan’s clearing system preventing transfers at 11 banks

The Japanese Bankers Association said on Tuesday a glitch at its online payment clearing network system is preventing some domestic transfers at 11 banks including MUFG Bank and Resona Bank. There was ...

Posted on 10/10/2023

Tokyo stocks jump as U.S. rate hike fears recede

Tokyo stocks jumped Tuesday as fears of further interest rate hikes in the United States receded and energy-related stocks were bough ... ( read original story ...)

Posted on 10/10/2023

Japan set to delay $15.5bn plan to extend bullet train to Sapporo

The Japanese government is likely to postpone further plans to extend a bullet train line to Sapporo, capital of the northern Japanese island of Hokkaido, by the spring of 2031. ( read original story ...)

Posted on 10/10/2023

Man pulling festival float in Osaka dies after guardrail collision during test run

A man pulling a festival float died on Oct. 8 after it crashed into a guardrail here during a test run prior to an autumn festival.The accident occurred at around 6:10 p.m. on a street in Osaka's ... ( read original story ...)

Posted on 10/10/2023

Kokusai Electric trims indicative IPO pricing about 3%

By Sam Nussey, Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -Japanese chip equipment maker Kokusai Electric on Tuesday trimmed the indicative pricing for its $730 million initial public offering ...

Posted on 10/10/2023

UPDATE 1-Kokusai Electric sets indicative IPO range of 1,830-1,840 yen per share -filing

Japanese chipmaking equipment maker Kokusai Electric set an indicative initial public offering (IPO) price range of 1,830-1,840 yen ($12.32-$12.39) per share, lower than the previous indicative price ...

Posted on 10/10/2023

Japanese Market Sharply Higher In Post-holiday Trading

In post-holiday trading, the Japanese stock market is sharply higher on Tuesday, recouping the losses in the previous session, with ...

Posted on 10/10/2023

Japan to chair G7 finance ministers meeting at IMF conference on Oct 12

Japan will chair a meeting of finance ministers and central bank governors from the Group of Seven (G7) advanced nations on Oct. 12 to discuss the war in Ukraine and the world economy, Finance ...

Posted on 10/10/2023

Death toll from strong earthquakes that shook western Afghanistan rises to over 2,000

The death toll from strong earthquakes that shook western Afghanistan has risen to over 2,000, a Taliban government spokesman said Su ( read original story ...)

Posted on 10/10/2023

Tokyo stocks jump in morning as US rate hike fears recede

Tokyo stocks jumped Tuesday morning, as fears of further interest rate hikes in the United States receded and energy-related stocks s ... ( read original story ...)

Posted on 10/10/2023

Kokusai Electric sets tentative IPO price of 1,830-1,840 yen per share -filing

Kokusai Electric will set a tentative initial public offering (IPO) price of 1,830-1,840 yen ($12.32-$12.39) per share, lower than the previous of estimate 1,890 yen, according to a regulatory filing ...

Posted on 10/10/2023

Why attracting BlackRock’s Larry Fink is not enough for Japan

After hosting a gathering of the world’s biggest investors in Tokyo last week, BlackRock founder Larry Fink compared the current global interest in Japan to the time when the world was fascinated by ...

Posted on 10/10/2023

Nikkei stock index up 2% as oil issues gain amid Middle East conflict

At 9:40 a.m., the 225-issue Nikkei Stock Average gained 662.92 points, or 2.14 percent, from Friday to 31,657.59. Japanese financial markets were closed Monday for a national holiday.

Posted on 10/10/2023

Japan logs current account surplus of 2.28 tril. yen in August

TOKYO (Kyodo) -- Japan posted a current account surplus of 2.28 trillion yen ($15 billion) in August, the Finance Ministry said Tuesday. The current account balance is one of the widest gauges of ...

Posted on 10/10/2023

Goldman Sachs says Japan is a ‘bright spot’ right now and reveals some top stocks

Goldman Sachs says one Japanese sector looks particularly good value, and its top picks include one stock on its conviction list. ( read original story ...)

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