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Tag: banking

Posted on 16/02/2019

Japan to protect water and electricity from shady telecom equipment

Nikkei has learned. The warning will appear in Japan's revised cybersecurity guidelines due out this spring, in what would be the first such mention of threats that telecommunications equipment pose. ( read original story ...)

Posted on 16/02/2019

Japan Sales-Tax Hike Not Yet Set in Stone, Ex-MOF Official Says

A nationwide sales-tax increase set to take effect in Japan in October may be delayed a third time if there’s a global economic downturn, according to former Ministry of Finance official Kazumasa Ogur... ( read original story ...)

Posted on 15/02/2019

Japan and South Korea lag rivals in fiber-optic speeds as 5G nears

Sweden and Denmark speeds are now around 40 Mbps, while the U.S. and U.K. have overtaken Japan in communications speeds. Nikkei extracted and analyzed data from 199 countries and regions ... ( read original story ...)

Posted on 15/02/2019

Nikkei slides, weak U.S. retail sales trigger profit-taking

TOKYO, Feb 15 (Reuters) - Japan’s Nikkei fell on Friday as bleak U.S. retail sales data dampened investor risk appetite and dragged down the broader market, with exporters and financial firms underper... ( read original story ...)

Posted on 15/02/2019

Head of Japan bank lobby urges review of BOJ policy framework

One idea could be to replace the BOJ's 2 per cent inflation target with a target range on desirable price growth, which would enhance flexibility on monetary policy, Mr Fujiwara said. SEE ALSO: BOJ's ... ( read original story ...)

Posted on 15/02/2019

The Conservative Politician Fighting for Gay Rights in Japan

(Bloomberg) -- Tomomi Inada isn’t trying to get Japan to legalize same-sex marriage, or ban discrimination against gay citizens. The conservative lawmaker just wants to “promote understanding” of LGBT ... ( read original story ...)

Posted on 15/02/2019

Marriott Signs Second Courtyard Hotel in Osaka, Japan

Marriott has signed a deal to open a second Courtyard hotel in Osaka, Japan. Owned by Sumitomo Mitsui Finance and Leasing but rented and operated by Sun Frontier Fudousan, the new-build Courtyard by M... ( read original story ...)

Posted on 15/02/2019

Japan’s GDP to grow 1.3% in first quarter, economists say

TOKYO -- The Japanese economy will maintain a modest ... according to 14 private-sector economists surveyed by Nikkei. This would follow the 1.4% seasonally adjusted expansion for the October ... ( read original story ...)

Posted on 14/02/2019

Japanese Jewelry Retailer Primo’s PE Owner Weighs IPO

Longreach Group, the buyout firm founded by former UBS Group AG investment banker Mark Chiba, is considering an initial public offering of its jewelry business Primo Japan Inc., people familiar with t... ( read original story ...)

Posted on 14/02/2019

Head of Japan bank lobby calls for review of BOJ’s price goal, easy policy

TOKYO (Reuters) - The head of Japan's bank lobby on Thursday urged the Bank of Japan to review its 2 percent inflation target and ultra-loose monetary policy, saying that sticking with its elusive ... ( read original story ...)

Posted on 14/02/2019

Japan’s bank lobby head calls for review of BOJ’s price goal, easy policy

TOKYO (Reuters) - The Bank of Japan may be approaching a stage where it needs to review its 2 percent inflation target and ultra-loose monetary policy, the head of the country’s banking lobby ... ( read original story ...)

Posted on 14/02/2019

Japanese bone marrow bank flooded with inquiries after Rikako Ikee’s leukemia revelation

The Japan Marrow Donor Program has been flooded with donation inquiries since star swimmer Rikako Ikee, 18, revealed Tuesday that she has leukemia. “We are still very short of donors. We are waiting f... ( read original story ...)

Posted on 14/02/2019

BANK OF JAPAN : Japan’s key bond yield falls on BOJ purchase operation

The yield on the benchmark 10-year Japanese government bond ended lower Thursday as investors bought the debt amid expectations for tight supply after the Bank of Japan offered to buy bonds in a regul... ( read original story ...)

Posted on 14/02/2019

Bank of Singapore, Edelweiss Partner to Target Indian Wealth

Bank of Singapore and Mumbai-based Edelweiss signed a memorandum ... India is the third largest wealth market in Asia after Japan and China, with some $1 trillion worth of assets held by India’s milli... ( read original story ...)

Posted on 14/02/2019

Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Mitsubishi UFJ Financial Group (MUFG) – Japan’s largest financial group and the world’s fifth largest bank by assets – is launching a blockchain-based payments network next year. The firm announced Tu... ( read original story ...)

Posted on 14/02/2019

Deloitte Japan fined $2m for auditing rule breaches

Deloitte Japan has been hit by a $2m penalty from the US financial regulator after it found that dozens of employees at the Big Four firm had breached independence rules by holding sizeable bank accou... ( read original story ...)

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