Japan’s Central Bank Chief Deserves a Second Term

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 ...)

Yanking the Bank of Japan’s Chain

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 ...)

Government steps in to guide ‘rudderless’ Toshiba chip sale

banking advisers involved in the auction and one of the company’s biggest lenders, comes as key figures say progress on the auction has ground to a “slow crawl” and may fizzle altogether. In recent weeks, say the same people, the Japanese government ... ( read original story ...)

Blackwater guard gets new trial for 2007 Baghdad massacre

Chinese navy helps USA hunt for missing marine in disputed seas Japan Standard Time, or around 3 a.m. "I offer ... but "It's a big part", he said. Punjab National Bank's Q1 net at Rs 343 crore; provisions decline Advances also increased by 2.08% at Rs ... ( read original story ...)

Let’s not get carried away by the return in economic growth

Since its 1992 banking crisis, Japan has suffered several false starts. There were recoveries in 1995-96 and again in 2000 and 2010; but they tended to be cut short by the failure to write down bad debt (the so-called zombie loans), several premature ... ( read original story ...)

Trump begins 17-day “working vacation” at N.J. golf club

Two pharmaceutical firms – U.K.-based Mallinckrodt and Japan’s Daiichi Sankyo – launched major operations ... The otherwise sleepy Bedminster has three limousine companies, a boutique bank and wealth management firm, and roughly as many caterers ... ( read original story ...)

Japanese equities lag behind in Asia with Abe risk casting cloud

While the Bank of Japan is unlikely to tighten monetary policy before Abe’s handpicked governor, Haruhiko Kuroda, departs in April, no new stimulus is projected by economists. Corporate profits slipped from record levels this year, with gains in the yen ... ( read original story ...)

Japan Hopes To Hold Economic Talks With U.S.

Japan hopes to hold economic talks with Washington in October, Finance Minister Taro Aso said on Thursday. Aso also told reporters shortly before he was formally reappointed to his post in a cabinet reshuffle that the upcoming talks could also include the ... ( read original story ...)

Will Aramco sale save the kingdom?

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 ...)

Amsterdam shines as financial groups seek EU access

MarketAxess and Tradeweb, two of the world’s largest fixed income trading venues, have been joined by MUFG, the Japanese bank, and possibly Royal Bank of Scotland’s NatWest Markets division. They may not be the last. Senior executives are going public ... ( read original story ...)