Regional banks need to stop their fixation with the old-fashioned buy-and-hold strategy and be more nimble to make the most of their investments, a three-decade industry veteran says. The current low interest-rate environment calls for lenders to adopt a ... ( read original story ...)
Bank of Japan : Accounts (June 10)
Pecuniary trusts (index-linked exchange-traded funds held as trust property) 5 19,855,800,411 Pecuniary trusts (Japan real estate investment trusts held as trust property) 6 481,842,549 ( read original story ...)
U.S Dollar Seeks Central Bank Guidance
On tap this week: U.S inflation (June 12), U.K inflation, FOMC statement & AUD employment (June 13), U.K retail sales, ECB rate announcement, U.S retail sales & Bank of Japan (BoJ) rate announcement (June 14). 1. Stocks see the light In Japan, the ... ( read original story ...)
Talking piggy bank and Japanese Barbie among mix of high-tech and familiar creations at Tokyo Toy Show
TOKYO • You can bank on this piggy bank to remind you to feed it with coins. Credited with the name BankNyan, it is one of the hits from the Tokyo Toy Show, which closed yesterday after a four-day run. The piggy bank has sensors to judge how much money ... ( read original story ...
Bank of Japan : Review of the Benchmark Ratio Used to Calculate the Macro Add-on Balance in Current Account Balances at the Bank of Japan
The Bank of Japan decided to review the Benchmark Ratio (Note 1) used to calculate the Macro Add-on Balance in financial institutions' current account balances at the Bank, to which a zero interest rate is applied, as follows. Note 1: The Benchmark Ratio ... ( read original story ...)
Japan Economy Expected to Rebound
This puts Japan one quarter away from technically being in recession, suggesting a failure of Prime Minister Shinzo Abe’s reflationary policy, known as Abenomics, and of the Bank of Japan’s ultra-easy monetary policy. But the majority of economists do ... ( read original story ...)
Asia stocks wobble after G7; Trump-Kim summit, central bank meetings eyed
“Business confidence, and subsequently capital spending, is at risk if this tension continues through the summer,” he said, adding that central bank meetings will be critical events this week. The S&P 500 futures ESc1 were down 0.17 percent. Japan’s ... ( read original story ...)
Japan’s Bitbank Announces Bitcoin Loans; To Offer Annual Dividend
Japanese cryptocurrency exchange Bitbank recently announced the launch of a Bitcoin (BTC-USD) borrowing program. The program has been launched to attract new users and supplement the exchange of liquidity. According to a statement from the bank ... ( read original story ...)
Financial crime task force eyeing binding crypto exchange rules: Japan official
TOKYO (Reuters) - International financial crime-fighting group Financial Action Task Force (FATF) will start discussions later this month on introducing binding rules governing cryptocurrency exchanges, a Japanese government official familiar with the ... ( read original story ...)
Japan wanted Kim Jong Un to pledge to reopen issue of Cold War-era abductions. Trump says, ‘It’s going to be worked on.’
We didn’t put it down in the document, but it’s going to be worked on,” Trump said in the news conference after the summit. North Korea has claimed the abduction issue has been “resolved” and accused Japan of trying to disrupt its attempts at ... ( read original story ...)
Nikkei Tests 4-month High, U.S.-N.Korea Summit Fuels Optimism
Japan's Nikkei share average rose on Tuesday morning, buoyed by optimism the U.S.-North Korea summit taking place in Singapore could pave the way for denuclearisation of the Korean peninsula. The Nikkei rose 0.5 percent to 22,906.14 in midmorning trade ... ( read original story ...)
Tokyo stocks open flat ahead of Trump-Kim summit
Tokyo stocks opened flat on Monday with investors cautious ahead of key events including a historic US-North Korea summit and central bank meetings of major economies this week. The benchmark Nikkei 225 index edged down 0.02 percent or 3.59 points to ... ( read original story ...)
TOKYO | For world, Trump-Kim summit raises cautious hope for peace
TOKYO— Cheers in South Korea and a one-page “extra” edition of a Japanese newspaper have greeted the unprecedented summit between Donald Trump and Kim Jong Un. Trump became the first sitting American president to meet a North Korean leader Tuesday ... ( read original story ...)
Nikkei tests 4-month high, U.S.-North Korea summit fuels optimism
TOKYO (Reuters) - Japan’s Nikkei share average rose on Tuesday morning, buoyed by optimism the U.S.-North Korea summit taking place in Singapore could pave the way for denuclearisation of the Korean peninsula. The Nikkei rose 0.5 percent to 22,906.14 in ... ( read original story ...)
Japan home-sharing law causes renters to exit market
TOKYO -- As Japan prepares to legalize home-sharing businesses this week, some people who currently rent out their homes are, in fact, seeing the long-awaited deregulation as a sign to exit the market. A new law that allows home-sharing, called minpaku ... ( read original story ...)
Japan’s attitude to sexual harassment hardens
according to a recent survey run by market research company Kantar on behalf of Nikkei Asian Review. The survey, carried out by Kantar's Lightspeed division, questioned 2,600 citizens across India, Indonesia, Japan, Singapore and Thailand. It found that ... ( read original story ...)