Tag: banking

Japan’s Nikkei NIK, -1.11% was down 1.1%, extending Wednesday’s losses. Automakers led the losses, with Toyota Motor Corp. 7203, -3.05% , Honda Motor Co. 7267, -3.39% and Nissan Motor Co. 7201, -1.76% all down around 3%. South Korea’s Kospi ... ( read original story ...)

MAEBASHI, GUNMA PREF. – Bank of Japan board member Makoto Sakurai said on Thursday excessive monetary easing could destabilize the economy and suggested the bank could whittle down its massive stimulus program if growth continues to strengthen. ( read original story ...)

Japan Post Bank Co. Ltd (JPB), the banking unit of state-owned Japan Post Group, which says its revenues are in “significant decline” from low interest rates, plans to invest more in riskier assets over the next three years to boost earnings. ( read original story ...)

Under the new fiscal guidelines, the government will also set an interim target to review progress in getting Japan’s fiscal house in order, the Nikkei newspaper said on Wednesday. Its interim goal, with a deadline of fiscal 2021, will aim to achieve ... ( read original story ...)

All guests will receive a limited edition Conrad Bear collectible in celebration of the special occasion OSAKA, Japan, May 24, 2018 /PRNewswire/ -- Conrad Osaka (3-2-4 Nakanoshima, Kita Ward, Osaka City; GM: Karan Singh) is proud to announce the ... ( read original story ...)

Japanese bank SMBC is to reconsider its prolific funding of coal-fired plants, the first of the nation’s major banks to do so. Speaking on an earnings briefing this week, the president of Sumitomo Mitsui Financial Group, SMBC’s parent company, said ... ( read original story ...)

MUFG, Japan’s biggest bank, has announced plans to launch a ‘hyper-scale’ blockchain payments network to be co-developed with cloud delivery giant Akamai for faster, cheaper payments. In an announcement [PDF] on Monday, the Mitsubishi UFJ Financial ... ( read original story ...)