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Tag: banking

Posted on 31/05/2019

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 ...)

Posted on 31/05/2019

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 ...)

Posted on 31/05/2019

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 ...)

Posted on 31/05/2019

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 ...)

Posted on 31/05/2019

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 ...)

Posted on 30/05/2019

French Open 2019: Naomi Osaka avoids upset against Victoria Azarenka

In the end, Naomi Osaka eluded a stunning defeat at the hands of Victoria Azarenka, advancing to the third round with a 4-6, 7-5, 6-3 victory. Osaka, the reigning No. 1, currently holds both the U.S. ... ( read original story ...)

Posted on 30/05/2019

Nikkei hits 3-1/2-month low as hopes of early resolution to U.S.-China standoff fade

TOKYO, May 30 (Reuters) - Japan’s Nikkei share average closed at a 3-1/2-month low on Thursday, on growing anxiety the trade dispute between the United States and China will be prolonged and damaging ... ( read original story ...)

Posted on 30/05/2019

Why I’m still bullish on the Canadian banking sector

Japan at -0.16 per cent and Eurozone at -0.63 per cent. The BOC Won’t Cut Its Policy Rate Looking ahead, markets are pricing in a higher chance of a Bank of Canada rate cut than a tightening over the ... ( read original story ...)

Posted on 30/05/2019

Japan’s largest bank has been granted access to China bond and equity markets

Amidst all this trade war news, at least someone is getting along! Japan's MUFG Bank has obtained a quota under the Renminbi Qualified Foreign Institutional Investor scheme in China allows overseas ... ( read original story ...)

Posted on 30/05/2019

Bank of Canada leaves key interest rate unchanged, while leaving the door open to future hikes

The central bank says it will remain data dependent while paying special ... Not to mention global concerns like Brexit, and President Donald Trump waging trade wars with Japan, Europe, and China. ... ( read original story ...)

Posted on 30/05/2019

Shinhan Bank on FSS Watch List for Ignoring Warning for 2 Years

has put Shinhan Bank on a watch list as the bank has failed to resolve a problem regarding the operation of its subsidiary in Japan for two years. The Financial Supervisory Service (FSS) has put ... ( read original story ...)

Posted on 30/05/2019

Japanese shares fall as hopes of early resolution to U.S.-China spat fade

TOKYO, May 30 (Reuters) - Japan’s Nikkei share average dropped on Thursday, clinging near to three-month lows touched earlier this month on growing anxiety the trade dispute between the United States ... ( read original story ...)

Posted on 30/05/2019

Chinese-Taiwanese group to make formal decision for Japan Display deal in June: Nikkei

TOKYO (Reuters) - A Chinese-Taiwanese investor consortium has told Japan Display Inc that it would make a formal decision whether to invest in the Apple Inc supplier by June 14, the Nikkei ... ( read original story ...)

Posted on 30/05/2019

Extra financial aid for Japan Display may win more backers

... receive additional financial support from the Innovation Network Corporation of Japan and Apple, Nikkei has learned. Japan Display will offset just under 45 billion yen ($410.3 million ... ( read original story ...)

Posted on 30/05/2019

Japan to lead global push for ocean-friendly plastic

TOKYO -- Japan looks to partner with the private sector to develop biodegradable plastic that causes little harm to the oceans, Nikkei has learned, as Tokyo encourages an environmental push both ... ( read original story ...)

Posted on 30/05/2019

Bangladeshi leader visits Japan to talk economy, partnership

TOKYO — Bangladeshi Prime Minister Sheikh Hasina is wooing Japan for aid, trade and investment in a visit that highlights cordial relations with the administration of Prime Minister Shinzo Abe. Hasina ... ( read original story ...)

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