Tag: banking

TOKYO -- Management at Concordia Financial Group, Japan's biggest regional banking conglomerate, will no longer be controlled by retirees from the Ministry of Finance -- first time in nearly seven decades for its subsidiary, Bank of Yokohama. The move ... ( read original story ...)

The Finance Ministry admitted in the Diet on April 9 that an official tried to persuade school operator Moritomo Gakuen to lie about the reason it was granted a massive discount for the sale of state-owned land in Osaka Prefecture. Mitsuru Ota, director ... ( read original story ...)

Growing integration of financial markets is a key reason. Researchers took a look at 44 cities and 40 advanced and emerging-market economies, and found that globally low interest rates have helped to push up prices the world over. What’s more ... ( read original story ...)

TOKYO (Reuters) - Japan and Hong Kong will connect their financial systems to immediately settle transactions involving assets denominated in their respective currencies, the Bank of Japan said on Tuesday, in what is likely the first such attempt by any ... ( read original story ...)

TOKYO, April 10, 2018 /PRNewswire/ -- Park Hotel Tokyo announced on April 10 that it has launched "3 Concierges of OMOTENASHI" that will showcase unique Japanese aesthetics as well as "omotenashi" Japanese hospitality starting in 2018. http://en ... ( read original story ...)

Tokyo stocks gained Tuesday as fears over a trade war between the US and China eased after Chinese President Xi Jinping pledged to open his country's economy further. The benchmark Nikkei 225 index rose 0.54 percent or 116.06 points to close at 21,794.32 ... ( read original story ...)

TOKYO, April 9 (Reuters) - Japan’s Nikkei share average was tentative on Monday as U.S. stock futures edged higher following a battering on Wall Street at the end of last week amid an escalating U.S.-China trade dispute. The Nikkei was effectively flat ... ( read original story ...)

The central banks of most developed economies joined the Federal Reserve in taking the first steps toward normalizing monetary policy in 2017. The Bank of Japan at first glance appears to be playing along by engaging in "stealth tapering" with its yield ... ( read original story ...)

TOKYO, April 10 (Reuters) - Japan’s Nikkei share average surged in late morning trade on Tuesday, as automakers rose after Chinese President Xi Jinping promised to lower import tariffs on products including cars this year. The comments come amid rising ... ( read original story ...)

TOKYO -- Japan will make it easier for domestic power companies to invest in overseas power plant projects as part of an effort to boost the country's infrastructure exports to Southeast Asia. Letting trading houses and other businesses that spearhead such ... ( read original story ...)

Investing.com – Japan equities were higher at the close on Monday, as gains in the Chemical, Petroleum & Plastic, Mining and Construction sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.51%. Advancing stocks outnumbered ... ( read original story ...)

TOKYO -- Japan Display will likely sell new shares for roughly one-fifth less than hoped for after investors cast doubt on the flat-screen manufacturer's growth prospects. Japan Display announced on March 30 that it would raise a total of 35 billion yen ($ ... ( read original story ...)

TOKYO—Bank of Japan Gov. Haruhiko Kuroda opened his new five-year term with a warning about the impact of a U.S.-China trade fight, saying the world has become more connected and many countries could be affected. “As the world is becoming more ... ( read original story ...)

TOKYO -- Japanese police are looking into reports of Chinese tourists renting cars with fake international driver's licenses. In early February, a traveler from Shanghai showed up at a car rental office near Naha Airport in Okinawa, his family in tow. ( read original story ...)

TOKYO (Kyodo) -- Japan reported a current account surplus of 2.08 trillion yen ($19 billion) in February, though it shrank from a year ago due to a smaller trade surplus and a stronger yen, government data showed Monday. Despite a 28.7 percent drop in the ... ( read original story ...)

With Japan enjoying its second-longest postwar expansion and corporate ... The most obvious warning sign is a sliding Nikkei Stock Average. After rallying 19% in 2017, the Nikkei is following U.S. shares into the red, falling 5% so far this year. ( read original story ...)