Japanese Resona Bank has announced it is backing out of SBI Ripple Asia app Money Tap. It started cooperation with Ripple last October, and the app will be available to the bank’s clients until ... ( read original story ...)
Japan urges G20 to strengthen global coordination
G20 finance leaders will debate topics Japan proposed, including global imbalances and steps to deal with demographic challenges, on Friday. They will not issue a communique after the meeting, the ... ( read original story ...)
Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App
Resona, one of the three Japanese banks working with SBI Holdings and Ripple on their cash transfer app Money Tap, is pulling out of the project. The bank – Japan’s fifth largest – announced ... ( read original story ...)
Bank of America Merrill Lynch names new country executives for Japan, Australia: memo
HONG KONG (Reuters) - Bank of America Merrill Lynch appointed Joseph Fayyad and Tamao Sasada as country executives of Australia and Japan, respectively, an internal memo seen by Reuters said. Sasada ... ( read original story ...)
Japan March exports to shrink for fourth straight month, fuelling growth worries: Reuters poll
The nation's consumer inflation is also expected to remain tepid in March, the poll also showed, leaving the Bank of Japan under pressure to meet its elusive 2 percent target. Exports are forecast to ... ( read original story ...)
Japan Display to come under Chinese group’s control after $2.1 billion bailout
TOKYO (Reuters) - Apple Inc supplier Japan Display said on Friday it has signed a long-awaited deal under which it will receive a 232 billion yen ($2.1 billion) bailout that will give a ... ( read original story ...)
Seven-Eleven rebel lays bare the price of convenience in Japan
Yet Japan is suffering a severe labor shortage ... sharply underperforming the Nikkei Stock Average. But Seven-Eleven franchisees' contracts have given them little room to adjust to business ... ( read original story ...)
Nikkei ends at 4-month high ahead of earnings, 10-day holiday
Topix falls 0.1 pct; NT ratio at second all-time high * Investors wary of buying ahead of earnings season, 10-day break By Tomo Uetake TOKYO, April 12 (Reuters) - Japan's Nikkei share average ... ( read original story ...)
Uber IPO filing reveals Softbank as largest shareholder
revealing Japan's Softbank Group as its largest shareholder. According to U.S. media reports, public valuation could go as high as $100 billion, which would make it the biggest American IPO of the ... ( read original story ...)
Japan urged G20 to strengthen global coordination: Finance Minister Aso
WASHINGTON (Reuters) - Japanese Finance Minister Taro Aso said on Thursday he has called on his Group of 20 counterparts to strengthen global coordination to address potential risks to the world ... ( read original story ...)
Japan urged G20 to strengthen global coordination – finmin Aso
Japan is chair of this year’s G20 meeting. Aso made the comments after a G20 finance leaders’ working dinner, held on the sidelines of International Monetary Fund and World Bank meetings. The G20 ... ( read original story ...)
UPDATE 1-UK monitoring situation of 17 F-35s after Japan crash
BERLIN, April 10 (Reuters) - The British Ministry of Defence is in close touch with U.S. officials and monitoring the situation after Japan grounded its F-35A fighter jets following the crash of a ... ( read original story ...)
China’s ‘Japan hands’ make comeback as US ties wilt
Visiting Japan, a neighbor with which China has a complicated ... Katsuji Nakazawa is a Tokyo-based senior staff writer and editorial writer at Nikkei. He has spent seven years in China as a ... ( read original story ...)
Bank of America Names Sasada as Japan Head, Replacing Seguchi
Bank of America Corp. named Tamao Sasada as country executive for Japan, replacing Jiro Seguchi following his appointment as co-president for Asia-Pacific in January, according to an internal memo. ... ( read original story ...)
Carlos Ghosn’s wife arrives at Tokyo District Court: Kyodo
TOKYO (Reuters) - The wife of ousted Nissan boss Carlos Ghosn arrived at Tokyo District Court, Kyodo News reported on Thursday, where she is expected to be questioned by prosecutors. Carole Ghosn ... ( read original story ...)
RPT-In hunt for yield, Japan’s banks snap up leveraged U.S. debt
A Reuters survey showed some of Japan's biggest banks, led by Norinchukin Bank , have nearly doubled their investment in collateralised loan obligations (CLOs) in the nine months to December. While ... ( read original story ...)