Bank of Japan Punches Down Bond Yields

TOKYO—Japan’s central bank stepped in to tame a rise in government-bond yields on Friday, signaling its determination to stick to its current policy mix, even as the recent selloff in global bond markets intensifies. The Bank of Japan’s increased ... ( read original story ...)

MUFG leads Japan megabanks’ charge into SE Asia

With the January 2015 merger of BTMU's Bankgkok branch with Bank of Ayudhya, the Thai unit has come to handle all of MUFG's operations in Thailand, including lending to local Japanese-owned companies. The tie-up with Bank of Ayudhya has helped Japan's most ... ( read original story ...)

Dollar gains against yen as Bank of Japan boosts bond buying

The dollar was on track for weekly gains, though investors were unlikely to push the upside significantly as they braced for monthly U.S. employment data later in the global session, following some downbeat jobs figures overnight. The dollar extended gains ... ( read original story ...)

Mizuho trials Australia-Japan trade transaction on blockchain

Mizuho Financial Group, Mizuho Bank, trading and investment firm Marubeni Corporation, and Sompo Japan Nipponkoa Insurance have completed a trade transaction between Australia and Japan using blockchain. The participants say all trade-related processes ... ( read original story ...)

Japan 2016/17 corporate tax revenue down in blow to Abenomics

TOKYO Japan's corporate tax revenue fell to 10.3 trillion yen ($90 billion) for the last fiscal year, the lowest since fiscal 2012 when Prime Minister Shinzo Abe swept to power with a pledge to revive the moribund economy, the Ministry of Finance (MOF ... ( read original story ...)