EXCLUSIVE: One of Japan’s largest banks, Mizuho Bank (Mizuho Financial Services), is understood to be implementing Oracle FSS’s Flexcube to modernise its corporate and commercial banking business, ... ( read original story ...)
Japan’s largest bank targets big job cuts in London
Customers use automated teller machines at a MUFG Bank branch in Tokyo. The Japanese lender is offering voluntary redundancy packages to about 500 directors and managing directors in London, according ... ( read original story ...)
MUFG Bank Offers Voluntary Retirement to Senior Workforce in London
Mitsubishi UFJ Financial Group Inc. (MUFG), the largest bank in Japan and the fifth largest worldwide, is reportedly looking to scale back its international expansion plans owing to cost-cutting ... ( read original story ...)
Japan’s Nomura left out of $12bn share sale after censure
The Finance Ministry chose Daiwa Securities Group Inc, Mizuho Securities Co and SMBC Nikko Securities Inc to manage the domestic portion of the Japan Post offering. Goldman Sachs Group Inc ... ( read original story ...)
No. 1 Osaka’s 16-match winning streak at Slams ends in Paris
PARIS (AP) -- This was one deficit too big to overcome for Naomi Osaka, whose Grand Slam winning streak is over. The No. 1-ranked Osaka couldn't muster a comeback after falling way behind yet ... ( read original story ...)
Japan’s Iranian Oil imports Are Plunging
Preliminary data released on Thursday by Japan’s Ministry of Finance showed that the country’s crude oil imports from Iran dropped 42 percent month-on-month to 169,100 barrels per day (bpd ... ( read original story ...)
Nikkei tumbles, other Asian markets mixed after Trump’s tarrifs against Mexico
Japan’s benchmark Nikkei 225 NIK, -1.63% closed down 1.6%, weighed as the yen climbed against rivals, up 0.7% against the dollar USDJPY, -0.90% Hong Kong’s Hang Seng HSI, -0.79% closed down 0.8% and ... ( read original story ...)
Japan’s Kanto Bureau Warns Against FXRoyalCashBack
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies. In an ... ( read original story ...)
Japan’s first junk bond sale offers yield of less than 1%
Listed Japanese companies have generally been able to depend upon bank lending to meet their cash needs. For that reason, a vibrant market for risky corporate bonds has not yet developed. Last year ... ( read original story ...)
US-Japan trade talks off to a strong start, Tokyo trade chief says
Japan's Minister of Economic and Fiscal Policy, said here on Friday at Nikkei's Conference on the Future of Asia, . The remarks come shortly after U.S. President Donald Trump's four-day visit to ... ( read original story ...)
Nikkei hits 3-1/2-month low as carmakers plunge on Trump’s Mexico tariff jolt
TOKYO, May 31 (Reuters) - Japan’s Nikkei tumbled to a 3-1/2-month low, led by a plunge in carmakers after U.S. President Donald Trump said the United States would impose a new tariff on all imports ... ( read original story ...)
Nikkei tumbles to 3-month low as carmakers plunge on Trump’s Mexico tariff
TOKYO, May 31 (Reuters) - Japan’s Nikkei tumbled to a more than three-month low, led by a plunge in carmakers after U.S. President Donald Trump said the United States would impose a new tariff on all ... ( read original story ...)
Japan’s MUFG offers redundancy to 500 senior bankers in London: source
Japan's biggest bank by assets set a more bullish tone in November 2017, when Reuters reported it had hired more than 180 staff in the British capital that year and was set to bring on board more as ... ( read original story ...)
Japan’s Biggest Bank Offers Redundancy to Hundreds of Managers in London
(Bloomberg) -- Mitsubishi UFJ Financial Group Inc. is preparing major job cuts in London, another sign of the deepening troubles Japan’s banks face at their overseas operations. MUFG, the country’s ... ( read original story ...)
Mongolia braces for delay of state coal giant’s IPO
TOKYO -- The head of Mongolia's parliament said that plans to list the state company that controls one of the world's largest coal mines could be delayed. Gombojav Zandanshatar, chairman of the ... ( read original story ...)
Japanese Financial Services Agency Approaches Crypto ETFs With Caution, Cites Volatility
The Japanese Financial Services Agency (FSA) showed a cautious approach towards cryptocurrency-based exchange-traded funds (ETFs) in comments at the finance committee of the upper house of the ... ( read original story ...)