Tag: banking

Law360, New York (August 7, 2017, 6:32 PM EDT) -- A Japanese bank that found one of its traders used phony trade orders to manipulate prices for eurodollar and U.S. Treasury notes and came clean with the U.S. Commodity Futures Trading Commission about the ... ( read original story ...)

Japan's current account surplus is one of the the broadest measure of its trade with the rest of the world. The data is keenly eyed by the Bank of Japan and the Finance Ministry ahead of new potential policy changes or monetary easing or tapering measures. ( read original story ...)

Japan’s economy has shown improvement ... At its recent policy meeting, the BoJ again extended its time-frame for reaching its inflation target of 2%. The bank is reluctant to scale back its asset-purchase program, which means that it will likely ... ( read original story ...)

"Looking to the Fed futures market, there's less than a 50 percent chance of one more rate hike this year," said Bill Northey, chief investment officer at U.S. Bank Private Client ... Against its Japanese counterpart, the dollar edged up to 110.78 yen. ( read original story ...)

While most yen bears have cut back expectations of a Trump reflation trade, others are betting policy divergence between the Bank of Japan and its global peers will increase pressure on the currency. Goldman Sachs Asset Management has added to wagers for ... ( read original story ...)

Meanwhile, under the Bank of Japan’s continued quantitative easing programme, the fund has incurred losses on its domestic fixed income positions, generating a negative 0.01% return, compared to the domestic composite benchmark’s negative 0.03%. ( read original story ...)

Alibaba, the Chinese online retailer, was the most valuable IPO ever when it sold shares on NYSE in 2014 ... as well as a possible presence on an Asian exchange such as Tokyo or Hong Kong. So far, London has advanced the strongest case, with the UK ... ( read original story ...)

In the West, the record-breaking initial public offering (IPO) of Saudi Aramco is viewed as a fees-fest ... of unprecedented scale that has got stock exchanges from New York to Tokyo salivating at the prospect of the biggest prize in flotation history. ( read original story ...)

TOKYO -- Sixteen Japanese companies will spearhead an effort to develop a way to mass-produce from stem cells a blood component necessary for clotting, aiming to get the green light for its use in 2020. Platelet cells are administered to surgical patients ... ( read original story ...)

MANILA (Kyodo) -- Japan's new Foreign Minister Taro Kono agreed Sunday with his regional counterparts to put more pressure on North Korea to abandon its nuclear and missile ambitions as he made his international debut in Manila. After arriving in the ... ( read original story ...)

TOKYO, Aug 7 (Reuters) - Japan's Nikkei share average rose on Monday morning, led by sharp gains for Toyota Motor Corp after it upgraded its earnings outlook, while a weaker yen following strong U.S. jobs data underpinned overall sentiment. Toyota rallied ... ( read original story ...)

Economic recovery no cure for deflation Japan's economic recovery has seen employment stabilize ... and the closely watched 225-issue Nikkei Stock Average is hovering around 20,000. This situation affects the spending habits of consumers, who are ready ... ( read original story ...)

The Nikkei 225 Stock Average Index is a major stock market index which tracks the performance of 225 top rated companies listed in the First Section of the Tokyo Stock Exchange. It is a price-weighted index. The Nikkei 225 has a base value of 176.21 as of ... ( read original story ...)

Donald Trump isn't the only leader with a big economic hire to make. His Mar-a-Lago golf partner, Japanese Prime Minister Shinzo Abe, has to decide whether to reappoint Haruhiko Kuroda as governor of the Bank of Japan. Kuroda's term expires next April, two ... ( read original story ...)

Based on the simple reflection that arithmetic is more than just an abstraction, we offer a modest observation. The social safety nets of industrialized economies, including the United States, have frayed at the edges. Soon the safety net’s fabric ... ( read original story ...)

The Bank of Japan is adding to the risks of its aggressive monetary easing policies by discussing only their potential upside, according to recently departed board member Takahide Kiuchi. “Communicating only bullish confidence about the positives is a ... ( read original story ...)