Tag: banking

TOKYO Japanese Finance Minister Taro Aso and U.S. Treasury Secretary Steve Mnuchin will hold a bilateral meeting on Thursday on the sidelines of the Group of 20 finance leaders' gathering in Washington D.C., Japan's Ministry of Finance said on Monday. ( read original story ...)

If there is one thing fashionistas wear or carry that this Italian luxury brand would never sell, it is uchiwa, a common Japanese fan traditionally made of paper and bamboo. Right? Wrong. Gucci does offer its own uchiwa, with its name splashed on one side. ( read original story ...)

BUZ INVESTORS Japan NIKKEI 225 The Nikkei 225 closed 91 points or 0.5% lower at 18336 on Friday April 14th, extending losses for the fourth session. It is the lowest close since December 5th amid a stronger yen and geopolitical tensions. Other Asian ... ( read original story ...)

The Bank of Japan is another big user of the passive approach, every year purchasing 6 trillion yen ($55.2 billion) of exchange-traded funds that track the Topix index of all first section issues on the Tokyo Stock Exchange and the Nikkei Stock Average. ( read original story ...)

OSAKA -- One day in early March, a 28-year-old woman from Canada was in the lobby of the Rihga Royal Hotel conversing with a guest in fluent Japanese. Rachael Buell has been working for the hotel in Osaka since last year in the guest relations group ... ( read original story ...)

TOKYO -- The net inflow of foreign residents into Japan was the largest ever during the last statistical year, as the government pushes policies to attract foreign workers to lessen the economic repercussions from a declining and graying population. ( read original story ...)

TOKYO -- Japan is mobilizing the remaining members of the Trans-Pacific Partnership trade pact to resurrect the agreement without the United States, seeking a path forward for free trade in Asia with Tokyo as the senior partner. President Donald Trump ... ( read original story ...)

TOKYO (Reuters) - Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to bulk buy cheap groceries, even though he earns enough to make ends meet and the prospects for Japan's economic recovery are brighter. ( read original story ...)

HONOLULU, April 14, 2017 /PRNewswire/ -- Central Pacific Bank (CPB), primary subsidiary of Central Pacific Financial Corp (NYSE: CPF), and each member bank of the TSUBASA Alliance enhancing Financial System (TSUBASA) of Japan today signed memorandums of ... ( read original story ...)

The Japanese Bankers Association (JBA) is working toward the development of a common blockchain platform for the country’s banks to begin trials of core banking processes including money transfers. The JBA is essentially an association that represents ... ( read original story ...)

Demand for electronics components from Asian nations likely continued to bolster Japan's exports, analysts said. The finance ministry will publish the trade data at 8:50 a.m. Japan time on Thursday (2350 GMT Wednesday). Japan and the United States will ... ( read original story ...)

TOKYO The Bank of Japan should maintain quantitative easing until inflation exceeds its price target but it must be alert to the risks posed to asset prices and the financial sector, the Organisation for Economic Co-operation and Development said. ( read original story ...)

Japan’s Kei Nishikori drops a point. Japan’s Nikkei index dropped more than 200 points early Thursday. President Donald Trump’s comments on the U.S. dollar sent the currency lower against its Asian counterparts, prompting a selloff in key regional ... ( read original story ...)

TOKYO -- Japan and the U.S. plan to conduct prior consultations on any military action by the latter against North Korea, broadening a decades-old framework to include operations by American forces other than those stationed here. The U.S. agreed in 1960 ... ( read original story ...)

TOKYO -- Japan Atomic Power will form a joint venture with American energy provider Exelon to snag orders overseas for operating and maintaining nuclear power plants, with the first involving a Hitachi-led project in the U.K. The new company will be ... ( read original story ...)

TOKYO (Reuters) - A firm majority of economists expect Japan will engage in bilateral trade talks with the United States in the near future, a Reuters poll showed ahead of next week's high-level economic talks between the two nations. Japan and the United ... ( read original story ...)