Tag: banking

AEON, Japan’s largest retailer, also offers a slate of financial services including banking, credit and micro-finance to customers in Japan and 11 other Asian countries through its financial arm. Now, AEON Financial Service is building a blockchain ... ( read original story ...)

Despite all that lagging, however, the future trend for the Nikkei 225 might be the most promising. The reason? The BoJ’s monetary policy, and how it is trailing the performance of the Japanese economy. In a recent speech at the University of Oxford ... ( read original story ...)

TOKYO -- Foreign direct investment to Japan for fiscal 2016 topped 3 trillion yen ($26.9 billion) for the first time ever, thanks mainly to an increasing number of takeovers of domestic businesses by overseas investment funds. Japanese operations of ... ( read original story ...)

TOKYO -- Japanese production of disposable diapers declined for the first time in 15 years in 2016, mainly due to weaker purchases from visiting Chinese tourists. Strong demand from overseas visitors had given the Japanese diaper market a boost in recent ... ( read original story ...)

It intended to merge it with Shinwa Bank, which it already controlled. But Japan's Fair Trade Commission objected because the merged entity would control an unprecedented level of about 70 percent of loans in Nagasaki prefecture. The FTC argued the merger ... ( read original story ...)

Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths ... ( read original story ...)

TOKYO, June 26 Japan's Nikkei share average ticked up on Monday morning as the dollar-yen held steady, while investors' attention fell squarely on Takata Corp after it filed for bankruptcy protection. The embattled air bag inflator maker said it would seek ... ( read original story ...)

Nomura picked Frankfurt as the headquarters for its European Union operations after the UK leaves the bloc, people with knowledge of the matter said. Japan’s biggest brokerage will start preparations this month to form a base in the German financial ... ( read original story ...)

TOKYO—Bank of Japan Gov. Haruhiko Kuroda rejected Friday the idea that he should follow the Federal Reserve’s lead and detail how the central bank might trim its assets, instead emphasizing the BOJ’s continuing commitment to buy government debt. ( read original story ...)

TOKYO The Bank of Japan kept monetary policy steady on Friday and upgraded its assessment of private consumption for the first time in six months, signaling its confidence in an export-driven economic recovery that is gaining momentum. But Governor ... ( read original story ...)

The Bank of Japan keeps monetary policy steady and upgrades its assessment of consumption and overseas growth, signalling confidence that an export-driven recovery is gaining momentum. David Pollard reports. The long march back to recovery .... For Japan ... ( read original story ...)

Japanese bank Daiwa earlier this week confirmed that it had settled on Frankfurt as the location for its new EU subsidiary, with plans to submit its license application to German regulator Bafin by year-end. Nomura is also on track to expand its operations ... ( read original story ...)

Advertisment Most Asian bourses closed cautiously higher on Friday after the Bank of Japan kept its policy unchanged and following the declines in tech stocks stateside. The Nikkei 225 recovered 111.44 points, or 0.6%, to 19,943.26 The Hang Seng Index ... ( read original story ...)

Tokyo-based Toshiba said the board of directors selected the bid, totaling about 2 trillion yen ($18 billion), from the consortium of Innovation Network Corp. of Japan, Bain Capital Private Equity and the Development Bank of Japan in the sale of Toshiba ... ( read original story ...)

He is also now willing to consider Japan joining the China-initiated Asian Infrastructure Investment Bank (AIIB) — of which Japan, along with the United States, sat out when it was set up in 2015 — once doubts about its governance and operation are ... ( read original story ...)

This marks the longest period of stagnation since 1994, according to data from Nikkei affiliate QUICK. The implied volatility of Japanese government bonds reached its lowest point since January 2008. Trading in newly issued 10-year debt has become so ... ( read original story ...)