Tag: banking

With their margins squeezed by the Bank of Japan's negative interest rate policy, regional banks have stepped up investment on assets vulnerable to interest-rate risk, such as foreign bonds. Under the rule, from the fiscal year ending in March 2019 ... ( read original story ...)

surpassing Alibaba’s $25 billion IPO in 2014. Several exchanges are competing for the honor, including those in London, Hong Kong, Tokyo, and New York. The London Stock Exchange (LSE) generally requires at least 25 percent of a firm’s shares to be ... ( read original story ...)

TOKYO -- Tokyo's road map for becoming a global financial hub would slash taxes and dismantle regulatory hurdles, aiming to draw in 40 foreign companies by fiscal 2020 and support the national economy for years to come. Gov. Yuriko Koike will present ... ( read original story ...)

Nintendo Co. Ltd. and partner Universal Studios Japan Co. Ltd. took a big step this week in the journey toward the long-awaited Nintendo theme park, Super Nintendo World, by breaking ground on a site in Osaka, Japan. Wearing red Mario hats and white gloves ... ( read original story ...)

As Japan’s major economic and industrial region, Kansai is home to 10 prefectures including three big cities of Osaka, Kyoto and Kobe with strength in manufacturing industry. The Kansai economic region is worth nearly 931 billion USD, focusing on garment ... ( read original story ...)

TOKYO, June 8 Japan's Nikkei share average hovered in positive terrain on Thursday, with the yen moving away from recent highs and Wall Street edging up, but market participants were on guard ahead of key events. The Nikkei was up 0.1 percent at 19,993.97 ... ( read original story ...)

The new regulation, to be introduced from the fiscal year ending in March 2019, will target Japan's 95 banks that do not hold overseas operations, including Aozora Bank (8304.T), Shinsei Bank (8303.T) and Resona bank (8308.T), the paper said. With their ... ( read original story ...)

TOKYO Asian shares wobbled on Thursday as investors braced for any surprises from the UK elections, the European Central Bank's policy meeting and congressional testimony from ex-FBI director James Comey who was fired by President Donald Trump last month. ( read original story ...)

Osaka-based Nissin has earmarked Greater China as being central ... cup noodle recently announced plans to spin off its China and Hong Kong businesses in an IPO expected to raise some US$200m to fund more partnerships and acquisitions. ( read original story ...)

In Japan, 7-11 and four other convenience stores, which together sell 100 billion items a year plan to introduce self-checkout registers to read RAIN-tagged items in a basket with Lawson [ph] already piloting the registers in Osaka. H&M, in their full-year ... ( read original story ...)

The company's two owners, Reliance Capital Ltd and Japan's Nippon Life Insurance, will participate in the IPO, he added. Sikka declined to give further details but said the company would immediately start the process of hiring banks to manage the IPO. ( read original story ...)

The company's two owners, Reliance Capital Ltd and Japan's Nippon Life Insurance, will participate in the IPO, he added. Sikka declined to give further details but said the company would immediately start the process of hiring banks to manage the IPO. ( read original story ...)

Tokyo and Hong Kong. Last week, the SGX and Infocomm Infocomm Media Development Authority inked a Memorandum of Intent (MOI) to try to fix this problem. The agreement aims to lower the barrier-to-entry for tech companies, facilitate pre-IPO funding and ... ( read original story ...)

One of the first Japanese companies investing in the Vietnamese banking industry was Mizuho Financial Group, which entered in the domestic market in 2012. Currently, Mizuho’s initial investment of $570 million has doubled in value. At a recent meeting ... ( read original story ...)

TOKYO Japan Display Inc is considering deeper restructuring than first planned and has asked a state-backed fund for help after losing business with Apple Inc due to its late entry into OLED technology, the Nikkei business daily reported. Shares in the ... ( read original story ...)

TOKYO, June 7 Japan's Nikkei share average fell on Wednesday morning as investors continued to shun riskier assets ahead of potentially market moving global events this week. The Nikkei dropped 0.2 percent to 19,931.43 points by midmorning. It hit a near ... ( read original story ...)