Tag: banking

Ergo, CBs often get involved. The Bank of Japan (BoJ) recapitaliSing Japanese banks in the late 1990’s, US Fed acting as a lead arranger of rescue finance for LTCM in 1998 and the US Fed (2008) buyback of $1.5 trillion of distressed mortgage securities ... ( read original story ...)

It now operates in 10 Asian cities, namely, Singapore, Kuala Lumpur, Bangkok, Hong Kong, Taipei, Guangzhou, Shanghai, Beijing, Tokyo and Seoul. In Singapore, the group has a market share of 20.5 per cent, according to Frost & Sullivan. ( read original story ...)

The president was scheduled to speak at the 23rd International Conference on the Future of Asia to be hosted by Nikkei Inc. in Tokyo on June 5 and 6. Negotiations had been underway to arrange a meeting with Japanese Prime Minister Shinzo Abe on the ... ( read original story ...)

TOKYO -- A thin majority of the Japanese electorate favors resolving the constitutionality issue surrounding the Self-Defense Forces by adding language recognizing them to the war-renouncing charter, a recent survey shows. The Nikkei Inc./TV Tokyo ... ( read original story ...)

TOKYO -- Dividends from publicly traded Japanese companies are expected to hit a record for ... according to a tabulation by Nikkei Inc. This will represent an eighth straight year of growth. A quarter of enterprises that close their books in March are ... ( read original story ...)

TOKYO -- Four of Japan's listed delivery companies, including the biggest, Yamato Holdings, expect to see their combined labor costs, including payments for outsourced deliveries, increase 27 billion yen ($243 million) during the current fiscal year. ( read original story ...)

Corporate Japan cut capex by 3.8% during the previous fiscal year ended in March, a survey of business plans conducted by The Nikkei found. The U-turn in fiscal 2017 is driven by a 13.7% rise in domestic investment, the sharpest increase since the global ... ( read original story ...)

TOKYO -- Japan Airlines will launch additional flights serving Australia and Hawaii as early as September, revamping its international routes for the first time since undergoing bankruptcy reorganization in 2010. In addition to an existing route between ... ( read original story ...)

TOKYO -- Japan's government is working to wrap up a revised strategy for promoting infrastructure exports. The focus is on comprehensive support for urban development projects -- from initial planning to regulatory development to fundraising. The ... ( read original story ...)

TOKYO May 26 Japan's Nikkei share average extended losses as the yen's gains against the dollar accelerated on Friday, though the benchmark index still managed to cap off a winning week. The Nikkei ended down 0.6 percent at 19,686.84, and yet stayed 0.5 ... ( read original story ...)

Underperformance has become the norm of late, with Japan’s Nikkei Stock Average stalling just below 20,000, a level it hasn’t reached since December 2015, and Australian equities hit by concerns about banks in the wake of a planned new tax on the ... ( read original story ...)

The yield on the benchmark 10-year Japanese government bond ended lower Friday as investors bought the safe-haven debt in the wake of lower Tokyo equities and the firm results of a Bank of Japan bond purchase operation. The yield on the No. 346, 0.1 ... ( read original story ...)

Investments from Japan are getting diverse and sectors that have received FDI during 2016-17 period include retail, textile, consumer durables, food & beverages and banking (credit card services), persons familiar with the Indo-Japan economic ties told ET. ( read original story ...)

Taipan Henry Sy’s BDO Unibank partnered with Japan’s Seven Bank Ltd., making it easier for Filipinos in Japan to send money back home using a mobile app. BDO, the country’s biggest bank, said in a statement the tie-up covered the upcoming launch of ... ( read original story ...)

But its best chance of winning a part of the biggest IPO ever, expected to raise about $100 billion ... in a race that has also excited larger exchanges in London, New York, Tokyo, Hong Kong and Singapore, its case could be bolstered by a recent change ... ( read original story ...)

MANILA, Philippines - Sy-led BDO Unibank Inc. has partnered with another Japanese bank to further cement its dominance in the international money transfer business. The listed bank owned by retail and banking magnate Henry Sy has partnered with Seven Bank ... ( read original story ...)