The Bank of Japan is considering collecting data for its monthly price statistics online from businesses to streamline its operations, it was learned Tuesday. Currently, the central bank sends and rec... ( read original story ...)
Japan to open doors to nonbank money transfers
Japan allowed nonbank companies to enter money ... barrier protecting banks from new competition. With complaints that bank remittances take too long -- over a week for some international ... ( read original story ...)
Japan Nikkei ends tad higher
Headline indices of the Japan share market closed slight higher on Tuesday, 19 February 2019, as buying on hopes for a trade deal between the United States and China was offset by selling to lock in g... ( read original story ...)
Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial
Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. ( read original story ...)
Japan’s central bank says it’s ready to ramp up stimulus if a strong yen derails inflation target
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation ... ( read original story ...)
Goldman Sachs Is Getting More Bang From Japan’s M&A Spree
Nomura Holdings Inc., Japan’s largest investment bank, slipped out of the top three for the first time since 2016. Japan’s bankers are falling behind partly because of the high proportion of M&A deals ... ( read original story ...)
BANK OF JAPAN : Dollar rises in upper 110 yen zone on BOJ chief’s remarks
The U.S. dollar rose in the upper 110 yen range Tuesday as the Bank of Japan's governor mentioned the possibility of providing additional monetary stimulus if necessary to support the Japanese economy ... ( read original story ...)
How Japan’s farmers and fishermen backed the leveraged loan boom
Instead, the CLO market is on tenterhooks because Japan’s largest agricultural bank is set to finalise its budget for the financial year beginning in April. Norinchukin Bank, which for nearly 100 year... ( read original story ...)
European bank eyes presence in Philippines
and Woori Bank; Sumitomo Mitsui of Japan; United Overseas Bank Ltd. of Singapore, CIMB Bank of Malaysia, and Beijing-based Industrial and Commercial Bank of China (ICBC). Likewise, the central bank ha... ( read original story ...)
Naomi Osaka says she was unwilling to sacrifice her happiness after split from coach
World number one Naomi Osaka says she was not willing to “sacrifice” her happiness following her surprise split from coach Sascha Bajin last week. Osaka split with Bajin 16 days after winning the Aust... ( read original story ...)
Japan’s cashless payment players burn cash to draw customers
TOKYO -- Operators of cashless payment systems are struggling to expand in Japan, urging companies like SoftBank's affiliate QR payment service PayPay to invest in promotional campaigns in a bid ... ( read original story ...)
Why Japan risked condemnation to restart commercial whaling
TAIJI, Japan -- Fishermen in the village of Taiji are counting the days until July, when they will be able to hunt large, fatty minke whales commercially for the first time in decades. The ... ( read original story ...)
Companies awarded for financial supports
Seven companies received the Tokyo Metropolitan Government’s inaugural Tokyo Financial Award in recognition of their excellent contributions to ESG (environmental, social and governance) investments o... ( read original story ...)
Japan Inc. faces first profit dip in years from China slump
TOKYO -- Corporate Japan's winning streak is set to stumble for the first time in three years as automakers, electronic parts suppliers and other companies downgrade their profit forecasts for the ... ( read original story ...)
Mitsui Gunma Management Comments on Ant Financial Acquisition of WorldFirst in a $700M Deal
OSAKA, Japan--(BUSINESS WIRE)--Japanese wealth management company Mitsui Gunma Management has commented on the recent developments of Alibaba’s Alipay. Ant Financial announced its purchase of the fast ... ( read original story ...)
Japan Nikkei surges on Sino-U.S. trade optimism
Headline indices of the Japan share market surged on Monday, 18 February 2019, as risk appetite buying underpinned after better than expected domestic core machinery orders and reports of the continua... ( read original story ...)