Tag: banking

TOKYO -- Losses sustained by Japanese automakers from the recall of faulty Takata air bags are slated to top 1.4 trillion yen ($12.8 billion), according to figures that include an estimate from Subaru, the last of the pack to release such a number. ( read original story ...)

Ask someone for examples of young Japanese who are known internationally, they might name a few athletes -- at best. Ask them to name some young Japanese entrepreneurs, and they are likely to come up empty. There is a widespread perception that the youth ... ( read original story ...)

Mizuho Bank and IBM Japan announced Thursday (Aug. 24) Mizuho Bank had begun operations toward more advanced and efficient risk management. The financial institution is employing cognitive technology to take measures against financial crimes such as ... ( read original story ...)

TOKYO, Aug 25 (Reuters) - Japan's Nikkei share average rose on Friday morning as the dollar was steady against the yen, but activity was subdued as investors waited on speeches at the central bankers' symposium in Jackson Hole, Wyoming, that began on Thursday. ( read original story ...)

Former Vice Finance Minister and Bank of Yokohama President Tadashi Ogawa died of esophageal cancer on Monday at a Tokyo hospital, a source familiar with the matter said Thursday. He was 77. A Tokyo native, Ogawa joined the ministry in 1962 and served as ... ( read original story ...)

Tokyo-based Money Forward, Japan’s leading SaaS (software as a service) accounting startup, announced today that its IPO application to the Tokyo Stock Exchange (TSE) has been approved. The company will be listed on the TSE Mothers Market on 29 September ... ( read original story ...)

TOKYO, Aug 18 (Reuters) - The Tokyo Stock Exchange's (TSE ... while Ichigo Green is trading 0.5 percent above the IPO price as of Friday. Many investors like solar projects because they offer stable long-term returns and benefit from government subsidies ... ( read original story ...)

Japan is unfavorable terrain for populists ... That sounds like a leader who could be popular, if not a populist. Shotaro Tani, is a Nikkei staff writer in Tokyo. ( read original story ...)

The Finance Ministry has argued that it reduced the price of the plot in Toyonaka, Osaka Prefecture, because of the large amount of waste that had to be removed from the land. It shared photos of the site with the Ministry of Land, Infrastructure ... ( read original story ...)

SINGAPORE/TOKYO — Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous Southeast Asia – a key ... ( read original story ...)

It remains to be seen if the Bank of Japan’s move will pay off, but results elsewhere have been encouraging The Bank of Japan’s unprecedented cut of interest rate down to negative territory aims at ending Japan’s chronic deflationary pressure. ( read original story ...)

The yield on the benchmark 10-year Japanese government bond finished lower Wednesday as investors bought the debt after a Bank of Japan bond-buying operation saw solid demand. The yield on the No. 347, 0.1 percent issue, the main barometer of long-term ... ( read original story ...)

TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average posted modest gains on Wednesday, snapping five straight days of losses that marked its longest losing streak since April 2016. The market was helped by a rebound in Wall Street shares overnight ... ( read original story ...)

TOKYO (Reuters) - Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled, the Nikkei business daily reported on Wednesday. Shares in the conglomerate ... ( read original story ...)

TOKYO, Aug 23 (Reuters) - Japan's Nikkei share average rebounded on Wednesday morning after Wall Street gained as U.S. lawmakers' comments on tax reform and the debt ceiling boosted investor appetite. The Nikkei rose 0.7 percent to 19,509.48 in midmorning ... ( read original story ...)

TOKYO -- China's two biggest bicycle-sharing startups are en route to Japan, with Mobike kicking off service Wednesday in the northern city of Sapporo while rival Ofo readies to roll in Tokyo and Osaka next month. Chinese internet powerhouses have backed ... ( read original story ...)