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 ...)

Dollar Maintains Climb on Fed Bets as Japan Futures Signal Gains

Osaka-traded Nikkei 225 Stock Average futures signaled gains of 0.3 percent amid the yen’s retreat, while shares in Wellington started the week with their first drop in three days. Ten-year New Zealand government notes tracked a decline in Treasuries as ... ( read original story ...)

Japan cabinet ministers visit controversial war shrine

Two Japanese cabinet ministers visited a controversial war shrine Wednesday, after a mass visit by lawmakers angered China and South Korea which see it as a painful reminder of Tokyo's past aggression. The ministers -- internal affairs chief Sanae Takaichi ... ( read original story ...)

The Demise Of The Japanese Financial System

The BoJ currently conducts a mass nationalization of private companies. Entire Japanese yield curve is artificially produced. Moves that the BoJ now conducts will sooner or later lead to devaluation of yen and a sizable fall against other major currencies. ( read original story ...)