Tag: banking

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 ...)

Japan's Finance Ministry had proposed a cover story for a land sale scandal involving the sale of state-owned land to school operator Moritomo Gakuen, which had ties to Prime Minister Shinzo Abe's wife, an official said on Monday. The admission is likely ... ( read original story ...)

TOKYO -- The ongoing document-tampering scandal at Japan's Ministry of Finance has taken a new turn. The ministry has admitted that its staff members altered 14 documents related to the controversial sale of state-owned land to a nationalist school ... ( read original story ...)

TOKYO -- The ongoing document-tampering scandal at Japan's Ministry of Finance has taken a new turn. The ministry has admitted that its staff members altered 14 documents related to the controversial sale of state-owned land to a nationalist school ... ( read original story ...)

Support for Japanese Abe's cabinet tumbled to 42% in the latest Nikkei/TV Tokyo poll, taken late last month before a key Ministry of Finance figure in the land scale scandal testified in parliament. That was down 14 percentage points from February. ( read original story ...)

TOKYO -- Japan's ruling party is mulling a plan to restructure governmental ... sent out letters to ministries in late March, Nikkei has learned. The letter notified the ministries of the party's intention to hold a hearing on the current administrative ... ( read original story ...)

TOKYO (Reuters) - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $530 million digital money heist, for 3.6 billion yen ($33.6 million), the latest move by a mainstream finance firm into the ... ( read original story ...)

TOKYO, April 6 (Reuters) - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the centre of a $530 million digital money heist, for 3.6 billion yen ($33.6 million), the latest move by a mainstream finance firm into the ... ( read original story ...)

Tokyo stocks drifted lower on Monday in thin holiday trade ... Volumes in Asian trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. The outlook for equities will be determined by US ... ( read original story ...)

Lenders worldwide are shifting to open banking models, urged on by regulators including the FSA that want them to adapt as technological innovation shakes up the industry. Japan’s banks need to make sure they “have the area covered” before startups ... ( read original story ...)

Its IPO plan comes after the company is continuing to solidify ... to joint operations with major overseas partners such as Repsol of Spain and JX Energy of Japan. According to commodities researcher ICIS, the global Group III base oil market is expected ... ( read original story ...)

Japan’s central bank has revealed some noteworthy opinions in a newly-published general Q&A on cryptocurrencies like bitcoin. On March 30, the head of the Bank of Japan’s Financial Services Information Division Masashi Kuramoto published a summary Q&A ... ( read original story ...)