Tag: banking

Japan’s more than 100 regional banks are struggling as lending opportunities wane with the shrinking of their local populations – pain that has been exacerbated by a squeeze on lending margins from the Bank of Japan’s negative interest-rate policy. ( read original story ...)

Goshi Kataoka, senior economist at Mitsubishi UFJ Research and Consulting Co., and Hitoshi Suzuki, a former Bank of Tokyo-Mitsubishi UFJ deputy president, are now members of the Bank of Japan’s Policy Board. As of Monday, they have replaced Takehiro Sato ... ( read original story ...)

Rivals SMFG and Mitsubishi UFJ Financial Group (MUFG) also have passporting rights through their banking units in the Netherlands. Mizuho shares were up 0.6 per cent, making them the top performer in Japan’s financial sector, which was up by one-third on ... ( read original story ...)

TOKYO (Reuters) - The two new members of the Bank of Japan's policy board said on Tuesday that the central bank should continue efforts to achieve its 2 percent inflation goal and it was premature to debate an exit from its massive monetary stimulus. ( read original story ...)

The Bank of Japan on July 20, 2017 kept its benchmark interest rate steady at -0.1%, while cutting its inflation forecast for the fiscal year-ended March 2018 and March 2019. The Bank of Japan's decision led to a decline in the yen. Moreover, it kept its ... ( read original story ...)

The Chinese mainland indexes edged slightly higher while Hong Kong's Hang Seng index hit fresh two year highs. Japan's Nikkei slid 0.6% as investors worried about the effects of a stronger yen. Australian shares retreated 1% before bouncing back slightly ... ( read original story ...)

TOKYO -- For months, Japan's long-term interest rates have stayed near the floor, with the Bank of Japan buying the vast majority of government bonds as part of its ultra-aggressive monetary easing program. The central bank's extraordinary campaign to ... ( read original story ...)

Qyresearchreports include new market research report "United States, EU, Japan, China, India and Southeast Asia Construction Equipment Finance Market Size, Status and Forecast 2021" to its huge collection of research reports. This report on the United ... ( read original story ...)

Mitsubishi Tanabe Pharma Corporation headquarters, in Doshomachi, Chuo-ku, Osaka-City, Osaka, Japan ... Until the sale, the stock had appreciated 230 percent from its IPO. The deal has received unanimous approval by NeuroDerm’s Board of Directors ... ( read original story ...)

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan downgraded its outlook for inflation. The bank will purchase government bonds so that the yield of 10-year JGBs will remain around zero %. ( read original story ...)

Eric Peters, president of Wells Federal Bank’s Mankato market, is well aware of the changes and competition that continue to reshape the area’s banking industry. Wells Federal, with offices in nine communities, is in the midst of a merger with Citizens ... ( read original story ...)

Japan, and the European Union, but to do so, it must make key reforms in its financial industry or else lay the foundation for economic disaster. More specifically, there must be reforms in China’s commercial and shadow banking sectors. If these reforms ... ( read original story ...)

Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. * Spot gold (XAU=) was nearly unchanged at $1,240.07 per ... ( read original story ...)

Still, foreign exchange markets reacted by pushing the euro higher. That followed the Bank of Japan’s decision on Thursday to keep its monetary policy unchanged, while pushing back its expected time frame for achieving its 2 per cent inflation target to ... ( read original story ...)

LONDON – Japanese bank Nomura has confirmed reports it is applying for a licence to operate in Frankfurt as its European Union base after Brexit. Currently, its official European HQ is in London. The move will affect very few employees — the bank will ... ( read original story ...)

Like other major central banks, the BoJ has recently bumped up its growth forecasts and lowered its inflation estimates for this year and next. But while his peers at the Fed and (slowly but surely) the ECB have embarked on the path of policy normalisation ... ( read original story ...)