Tag: banking

Japanese banking giant Mizuho has tested its digital currency developed in partnership with IBM Japan to reduce costs of money transfers, a report has revealed. The Mizuho Financial Group-IBM partnership announced earlier this year has seen successful ... ( read original story ...)

TOKYO Dec 8 Japan's Nikkei share average closed at the highest level since last December on Thursday as upbeat Chinese trade data boosted sentiment, while Tepco shares soared on news Japan will increase an interest-free loan related to its Fukushima costs. ( read original story ...)

Tsukamoto kindergarten, in Osaka, introduced the rescript 15 years ago, although school officials say it is not intended to fuel nationalism. "What we're aiming to foster in education is patriotism or 'Japanese-ism', expanding Japan's spirit all over the ... ( read original story ...)

TOKYO, Dec 8 (Reuters) - Japan's Nikkei share average rose on Thursday, fuelled by a further rise on Wall Street, but a stronger yen kept gains in check. The Nikkei finished the morning up 0.8 percent at 18,649.03 points, nearing last week's 11-month high. ( read original story ...)

GMO manages some 800 billion yen ($7 billion) worth of Japanese stocks. The benchmark Nikkei Stock Average rose faster after OPEC agreed to its first oil production cut in eight years on Nov. 30. Mitsubishi UFJ Morgan Stanley Securities estimates that ... ( read original story ...)

TOKYO -- Nissin Food Products is set to build its first Japanese plant in two decades, aiming to help satisfy the country's persistent appetite for instant noodles while pioneering technologies to enhance productivity at factories worldwide. The domestic ... ( read original story ...)

The Bank of Japan has recently implemented one of the largest central bank policy shifts in modern times, raising its inflation target explicitly to 2% and kicking off the most rapid balance sheet expansion among the leading central banks. This column ... ( read original story ...)

TOKYO (Reuters) - Japanese robotics startup ZMP Inc will delay its listing on the Tokyo Stock Exchange, originally set for Dec. 19, the company said on Thursday, after it found client information had leaked on to the Internet. The leaked information has ... ( read original story ...)

TOKYO (Reuters) - Japan's economy grew much slower than initially estimated in the third quarter, revised data showed, as capital expenditure dried up and companies ran down inventories - renewing concerns about Japan's growth prospects. The Cabinet Office ... ( read original story ...)

TOKYO (Reuters) - Japan will increase an interest-free loan to the operator of the wrecked Fukushima nuclear plant, Tokyo Electric Power , by more than a third to 14 trillion yen (97.30 billion pounds)a source familiar with the matter said on ... ( read original story ...)

TOKYO (Reuters) - Japan's economy grew much slower than initially estimated in the third quarter, revised data showed, as capital expenditure dried up and companies ran down inventories - renewing concerns about Japan's growth prospects. The Cabinet Office ... ( read original story ...)

Japan’s Foreign Minister Fumio Kishida signed the pact with Iran’s visiting Minister of Economic Affairs and Finance Ali Tayyebnia during a ceremony at the Foreign Ministry in Tokyo. Tokyo lifted sanctions on Iran soon after the International Atomic ... ( read original story ...)

TOKYO Dec 7 Japan's Nikkei share average rose on Wednesday, buoyed by a surge in index-heavyweight SoftBank after it announced a bold investment foray into the United States. SoftBank ended 6.2 percent higher after Chief Executive Masayoshi Son said he ... ( read original story ...)

TOKYO—Hoping to avoid last-minute financial pressures, Japanese officials said Nov. 30 they are determined to keep total costs of the 2020 Tokyo Olympic Games below 2 trillion yen ($18 billion) after a three-day debriefing from organizers of the Rio de ... ( read original story ...)

Tokyo stocks opened higher on Wednesday following another record close on Wall Street after Paris stocks reached the year's highest level and Italian banks surged. Tokyo's benchmark Nikkei 225 index rose 0.40 percent, or 73.45 points, at 18,433.99 in the ... ( read original story ...)

President-elect Donald Trump declared a second employment victory in as many weeks on Tuesday, saying after a meeting with Softbank Group Corporation CEO Masayoshi Son that the Japanese investment bank had agreed to invest $50 billion in U.S. startups ... ( read original story ...)