Sompo Japan to refine quake insurance premiums

TOKYO -- Sompo Japan Nipponkoa Insurance will tailor corporate earthquake premiums to 948 areas nationally instead of to entire prefectures, a revision that likely will raise rates in tsunami-prone coastal sections and reduce premiums for inland regions. ( read original story ...)

Is B.C.'s government ready for an earthquake?

that you get in Japan," she said. She said despite provincial measures, survivors are going to have be to be responsible for taking care of themselves in the first days following the earthquake, as help may not be able to get to them depending on the damage. ( read original story ...)

Resilience in Japan: Reflections from Onagawa

On the 11 th March 2011 at 14:46 JST, an earthquake struck Japan off the Pacific coast of Tohoku, in Northern Honshu, triggering a massive tsunami and the now-famous meltdown at Fukushima Daiichi Nuclear Power Plant. The earthquake, known as Higashi Nihon ... ( read original story ...)

Light earthquake, 4.4 mag was detected near Katsuura in Japan

A light earthquake magnitude 4.4 (ml/mb) has occurred on Friday, 129 km ESE of Katsuura, Japan (80 miles). Exact time and date of earthquake 23/09/16 / 2016-09-23 07:31:57 / September 23, 2016 @ 7:31 am UTC/GMT. Exact location, longitude 141.5325° East ... ( read original story ...)

Japan's Central Bank Writes Tokyo A Blank Check

Official announcements often have hidden meanings that escape the commentariat, leaving citizens unaware that an important page in their governments’ policies has just been turned. So it was with the Bank of Japan’s Sept. 21 press release, which held ... ( read original story ...)

Negative Sentiment On Japanese Banking Sector Likely To Continue

The Bank of Japan’s negative interest rate policy is straining bank profitability. To control for this, the BOJ announced in September that it will undertake a policy of “yield curve control” to use its power to steepen the yield curve. With all the ... ( read original story ...)

More Rate Cuts Possible from Bank of Japan (JPN)

An adviser to Japanese Prime Minister Shinzo Abe’s says his nation’s economy needs another round of monetary and fiscal stimulus. That has investors anticipating even more Keynesian backflips to spur growth in the embattled economy. Etsuro Honda, one ... ( read original story ...)

Why Japanese banks are chill about fintech

Head of the fintech centre at the Bank of Japan, Naoyuki Iwashita, said that Japanese institutions fear this happening in their country. After the law that prohibited fintech startups from owning more than 5% of a technology company was abolished ... ( read original story ...)

Bank of America profit rises on bond trading, cost cuts

That came as clients scrambled to reposition after Britain’s surprise June vote to leave the European Union and changing expectations for monetary policy in the United States, Europe and Japan. Trading drives up profit at Bank of America (Reuters ... ( read original story ...)

Why Can’t All Japanese Banks Be Like Suruga?

If only all Japanese banks could be like this one, the Bank of Japan would have less to worry about. As Japan’s largest banks languish under negative interest rates, with deteriorating profitability and wilting loan demand, a clear winner has emerged ... ( read original story ...)

BIDV signs cooperation agreement with Japanese bank

Hanoi (VNA) – The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Yachiyo Bank of Japan have inked a memorandum of understanding (MoU) on cooperation in supporting Japanese firms in Vietnam. This is the 26th Japanese ... ( read original story ...)

Infrastructure & Project Finance 2016

“Adverse economic and financial conditions worldwide continue to cause uncertainties ... the Kansai International Airport and the Osaka International Airport, as well as the toll road concession in Aichi prefecture.” “It is a widely accepted fact ... ( read original story ...)

Asia markets set to open flat; China Q3 GDP data eyed

Australia's SPI futures traded at 5,404.0, similar to the ASX 200 's last close at 5,410.75. Nikkei futures in Chicago traded at 16,980, while Osaka futures were at 16,930. The Japanese benchmark index finished the Tuesday session at 16,963.61. In the ... ( read original story ...)

Serviced Apartment Business Launched in Hanoi, Vietnam

Daiwa House Industry Co., Ltd. of Osaka and Taisei Corporation of Tokyo have embarked on rental housing business in Hanoi, Vietnam. The two companies established DT Development Vietnam LLC, a joint venture, in the Vietnamese capital on September 20 ... ( read original story ...)