Tag: banking

An investigation found that 40% of Japan's key economic statistics contain errors, and a Nikkei survey conducted from Jan. 25 to Jan. 27 found that 79% of respondents said government statistics ... ( read original story ...)

TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Friday mergers could be one option for the country’s regional banks - struggling with squeezed profits amid prolonged low interest rates - ... ( read original story ...)

TOKYO -- The operator of Japan's 7-Eleven convenience store chain will hit the brakes on expansion of its retail network, departing from a strategy of driving growth through waves of store ... ( read original story ...)

In light of such a bearish view among foreign investors, the BOJ has stepped up its purchases of Japanese stocks through exchange-traded funds. The program began in 2010 when the Nikkei Stock ... ( read original story ...)

Japan is one of the global hubs for cryptocurrency ... with the Japanese Ministry of Finance. Rakuten Wallet is the new name of Everybody’s Bitcoin, which Rakuten acquired in August 2018 for ... ( read original story ...)

TOKYO, April 4 (Reuters) - Japan’s Nikkei edged up to a one-month high on Thursday as investors bought carmakers and other cyclical shares on growing hopes that a trade deal can be reached between ... ( read original story ...)

Japan’s Nomura Holdings will cut $1-billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest overhaul, the ailing bank said on Thursday. Nomura ... ( read original story ...)

TOKYO (Reuters) - Japan’s Nomura Holdings will cut $1 billion (760.23 million pounds) in costs from its wholesale business and shut more than 30 of 156 domestic retail branches in its latest ... ( read original story ...)

The postal and financial giant plans to sell around 168.1 million of its shares in Japan Post Insurance this month, the first sale of stock in the unit since the initial public offering (IPO) of the ... ( read original story ...)

The chipmaker plans to fund the purchase by borrowing a total of 1 trillion yen from Japanese banks. The move will pave its way for a stock listing within fiscal 2019 that ends March 31. ( read original story ...)

TOKYO -- Nissan's former Chairman Carlos Ghosn was arrested Thursday for a fourth time by Tokyo prosecutors investigating him for alleged financial misconduct. Ghosn was returned Thursday to the Tokyo ... ( read original story ...)

TOKYO, April 3 (Reuters) - Japanese stocks rose on Wednesday as optimism over U.S.-China trade talks boosted shippers and other cyclical shares while index heavyweight Fast Retailing soared after it ... ( read original story ...)

Ghosn was first arrested in Tokyo in November and faces charges of financial misconduct and aggravated breach of trust over allegedly failing to report around $82 million in salary and temporarily ... ( read original story ...)

Tokyo prosecutors have arrested Carlos Ghosn for the fourth ... Mr Ghosn, who was released on bail just a month ago after 108 days in detention on financial misconduct charges, had said on Twitter on ... ( read original story ...)

TOKYO (Reuters) - Japan Display Inc will begin to supply organic light-emitting diode (OLED) screens for the Apple Watch later this year, two sources said, a breakthrough for the cash-strapped company ... ( read original story ...)

TOKYO -- The upcoming Japan-U.S. trade talks present a challenge for lead Japanese negotiator Toshimitsu Motegi: make enough headway to persuade U.S. President Donald Trump not to intervene and ... ( read original story ...)