Canada joins China-backed Asian infrastructure bank

The U.S. and Japan are now the only G7 nations not part of the bank. Canadian membership changes nothing for domestic companies or workers, who have been able to bid on contracts and apply on jobs since the AIIB inception in 2015. The bank has does not ... ( read original story ...)

Japan's Feb exports jump 11.3 per cent

Japan's exports to China rose sharply in February, contributing to an 11.3 per cent increase to 6.3 trillion yen ($A74.2 billion) in overall shipments. Exports rose for the third straight month, the Finance Ministry said in a preliminary report on Wednesday. ( read original story ...)

BOJ members hose down speculation of bond yield hike

TOKYO/SHIZUOKA, Japan Bank of Japan board member Yukitoshi Funo on Wednesday joined other policymakers in hosing down speculation of a near-term withdrawal of the central bank's massive monetary stimulus, saying it was premature to consider raising the BOJ ... ( read original story ...)

Nikkei withers, whipped by strong yen and Wall Street losses

TOKYO, March 22 Japan's Nikkei share average skidded on Wednesday, taking its cue from a sell-off on Wall Street and a rise in the perceived safe-haven yen. Japanese shares extended losses after Kyodo News, citing a Japan government source, reported that ... ( read original story ...)

Japanese bank Nomura hires Eddie Jones for leadership lessons

Japan's top investment bank Nomura has hired England rugby union coach Eddie Jones to impart his wisdom on leadership and teamwork to its clients in Europe. Australian Jones, who has overseen a record-equalling revival for England since taking over as ... ( read original story ...)

Japanese Yen Rise Halts After BoJ Minutes, Trade Data

The Japanese Yen’s rise against a generally weaker US Dollar Wednesday The Bank of Japan’s policy minutes added little to market insight on the central bank But Japan’s trade surplus came in ahead of expectations The Japanese Yen steadied against a ... ( read original story ...)

ESR Acquires Osaka Site for $500M Japan Logistics Project

Logistics real estate developer and operator e-Shang Redwood (ESR) has just acquired a 194,000-square meter site near Osaka for the development of one ... with the company expected to head for a multi-billion dollar IPO later this year. ( read original story ...)

Q1 banking and finance news snapshot

The quarter was dominated by a directive handed down from the central bank that required financial institutions to declare they are private entities, resulting in a costly exercise for some big-name firms. It was revealed that Japanese investors sunk more ... ( read original story ...)