Tag: banking

Bank of Japan (BoJ), the country's central banking authority, currently has no plan to issue a central bank digital currency (CBDC), citing financial stability concerns. In a closing remark at a conference with the International Monetary Fund and Japan's ... ( read original story ...)

TOKYO, April 16 (Reuters) - Japan’s Nikkei share average eked out small gains on Monday on relief that U.S.-led strikes on Syria appeared to be a one-off event though lingering caution about a trade war had investors flocking to defensive shares. ( read original story ...)

TOKYO (Reuters) - Japan's top finance bureaucrat denied on Monday a weekly magazine's allegation that he had sexually harassed female reporters and vowed to sue its publisher for defamation, his ministry said in a statement. The weekly Shincho magazine ... ( read original story ...)

Operating from a small shack in the backyard of a house in Ikeda in Osaka Prefecture, Momofuku Ando labored through ... to buy shares of the instant noodle maker when a unit launched an IPO in Hong Kong in December last year. I believed I was being a ... ( read original story ...)

SBI Bank, a Russian commercial banking subsidiary of Japanese financial giant SBI Holdings, has announced that it is joining the New York-based blockchain consortium led by R3, CoinDesk reported. R3’s global network counts over 200 banks, financial ... ( read original story ...)

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe has decided that a top finance ministry official accused of sexually harassing several female reporters must be fired, the daily Sankei newspaper reported on Monday, without citing a source. The weekly ... ( read original story ...)

Between January 2014 and September 2017 alone, real estate funds have sunk about $15 billion into Japanese property markets, according to Bloomberg, with expectation that, thanks to the Bank of Japan, investment yields will stay high relative to government ... ( read original story ...)

Reliance Jio Infocomm Limited (RJIL) has reportedly raised $500 million from three Japanese banks – Bank of Tokyo Mitsubishi UFJ (MUFG), Sumitomo Mitsui Banking Corporation (SMBC) and Mizuho Bank – under a syndicated Samurai loan form. Reliance Jio ... ( read original story ...)

TOKYO (Reuters) - Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, the Nikkei newspaper reported on Saturday. Economy Minister Toshimitsu Motegi is likely to lead the Japanese delegation ... ( read original story ...)

TOKYO (Reuters) - Japan’s financial watchdog has launched an on-site inspection of Suruga Bank Ltd (8358.T) in connection with loans it made to customers for housing investment, the Nikkei newspaper reported on Friday. The Financial Services Agency (FSA ... ( read original story ...)

Banking group Morgan Stanley says the broad regulatory framework for Japan so far agreed between the governing coalition – the Liberal Democratic Party and Komeito – was “better than feared”. “The revenue tax rate of 30 percent is lower than ... ( read original story ...)

NEW DELHI: Telecom operator Reliance Jio is learnt to be in talks with three Japanese banks to raise USD 500 million (around Rs 3,250 crore) in debt. "Reliance Jio is in discussion with MUFG (formerly The Bank of Tokyo-Mitsubishi UFJ) , Mizuho Bank and ... ( read original story ...)

Despite a solid economy, consumer prices have been slow to recover and inflation remains well below the Bank of Japan’s 2 percent target. Economists projected the core consumer price index, which includes oil products but excludes fresh food, will rise ... ( read original story ...)

TOKYO: Japan's Nikkei share average rose on Friday as suggestions from U.S. President Donald Trump that a military strike on Syria may not be imminent supported investor sentiment and higher U.S. bond yields helped financial stocks. The Nikkei ended 0.6 ... ( read original story ...)

Japan's finance ministry was embroiled in a growing sexual harassment scandal on Friday after a magazine released what it said was audio of a senior bureaucrat sexually harassing a female journalist. The Shukan Shincho magazine reported earlier this week ... ( read original story ...)

OSAKA -- Prosecutors have apparently decided not to build a criminal case against former Financial Bureau chief Nobuhisa Sagawa and other Finance Ministry staff over the doctoring of ministry documents related to the sale of state land to Moritomo Gakuen ... ( read original story ...)