Tag: banking

The most recent 2018:Q1 figures for 'Loans and Bills Discounted by Sector' and 'Loans to Households' are now available at 'BOJ Time-Series Data Search. ' In line with this release, figures for 'Loans and Bills Discounted by Sector' and 'Loans to Households ... ( read original story ...)

TOKYO -- Japan's longest straight period of expansion in nearly three ... a deflation-fighting stimulus program driven mainly by asset purchases by the central bank that are injecting billions of dollars into the economy each year. The aim has been to ... ( read original story ...)

However, the report sends a loud and clear message for policy makers in general, the Bank of Japan (BOJ) in particular: there is no room for complacency. All components of private demand contracted simultaneously; only exports reported solid growth ... ( read original story ...)

Mitsubishi UFJ Financial Group, the world’s fifth largest bank, is to invite 100,000 customers to participate in a pilot of MUFG Coin, a blockchain-based digital currency that customers will be able to use to make mobile payments in stores. The trial is ... ( read original story ...)

For the first time in two years, Japan’s economy slipped in the first quarter. The economy contracted 0.6% on an annualized basis in the first quarter thanks to an unexpected fall in capital investment and flat private consumption. This might cause a ... ( read original story ...)

TOKYO -- Deputy Chief Cabinet Secretary Yasutoshi Nishimura said on May 16 that he gave a verbal warning to Finance Minister Taro Aso over his jeering of an opposition legislator during a recent Diet session. During a House of Representatives Budget ... ( read original story ...)

Mercari, the eBay-like service that is Japanese first tech startup unicorn, has filed to go public in an IPO that could raise as much as $1.1 billion. The company is scheduled to list on the Toyko Stock Exchange’s Mothers Market — a board for high ... ( read original story ...)

“Our first steps outside of Germany nearly 150 years ago were in fact in this region, in China and Japan. We knew then, as we know now, how fundamental Asia is to our global business,” Sewing said. Deutsche Bank is present in 15 Asian countries ... ( read original story ...)

The banking unit of Japan’s Mitsubishi UFJ Financial Group (MUFG) plans to trial its own cryptocurrency as early as 2019, Cointelegraph Japan reports today, May 15. Cointelegraph Japan quotes local news media outlet NHK saying that a test phase of the ... ( read original story ...)

TOKYO (TR) – Tokyo Metropolitan Police have arrested a 34 ... According to the Ministry of Finance, the number of cases of gold smuggling has surged since the consumption tax was upped from 5 percent to 8 percent in 2014. Between 2016 and last year ... ( read original story ...)

TOKYO -- Japan's public and private sectors have agreed on a comprehensive package to promote the export of medical-related infrastructure to India, Nikkei has learned. Some Indian companies already appear to be involved in the plan, which could go into ... ( read original story ...)

Japan-based global investment bank Nomura has announced a venture to establish a custody offering for digital assets, Cointelegraph Japan reports today, May 16. The new project aims at removing barriers to institutional investment in the crypto space. ( read original story ...)

Mercari, the eBay-like service that is Japanese first tech startup unicorn, has filed to go public in an IPO that could raise as much as $1.1 billion. The company is scheduled to list on the Toyko Stock Exchange’s Mothers Market — a board for high ... ( read original story ...)

Tokyo stocks ended down on Wednesday, after falls on Wall Street and official data that showed Japan's economy contracted for the first time in two years. The benchmark Nikkei 225 index lost 0.44 percent, or 100.79 points, to 22,717.23 while the broader ... ( read original story ...)

TOKYO -- Japan's economy contracted by an annualized rate of 0.6% in the January-March quarter, marking an end to the longest streak of growth since the late 1980s, as consumer spending and capital expenditure slowed. While most economists expect to see a ... ( read original story ...)

KTX, in central Japan's Aichi Prefecture, has won fans among automakers ... According to the 16th mold survey conducted by Nikkei at the end of fiscal 2017, 41 companies, or 33.1% of the total, said they planned to raise their capital spending this ... ( read original story ...)