Tag: banking

The Japan Bank Consortium to Central Provide Domestic and Cross-Border Payment, which was launched in October 2016 by leading Japanese financial institutions, and the blockchain company SBI Ripple Asia have announced that its 47 member institutions plan to ... ( read original story ...)

TOKYO (Reuters) - Japan's core consumer prices rose for the first time in over a year in January due to a pickup in energy costs and private consumption, offering some hope for the central bank's efforts in accelerating inflation to its 2 percent target. ( read original story ...)

It is not surprising to find out a Japanese bank consortium is looking to integrate blockchain technology. What is somewhat surprising is how the group wants to use Ripple’s blockchain to improve their payment infrastructures. The plan is to use this ... ( read original story ...)

A consortium of Japanese banks is planning to use distributed ledger technology — better known as blockchain — from a Google-backed fintech start-up to make domestic and international payments. This follows a successful implementation of a pilot ... ( read original story ...)

TOKYO, March 2 Japan's Nikkei share average hit a 14-month peak on Thursday as the yen weakened against the dollar on heightened expectations for the Federal Reserve to raise interest rates this month and after Wall Street soared to record highs. ( read original story ...)

TOKYO -- The Japanese government is developing a new framework for helping foreigners who need emergency medical or other assistance. The move, spearheaded by the Ministry of Internal Affairs and Communications, comes at a time when record numbers of ... ( read original story ...)

TOKYO, March 2 Japan's Nikkei share average hit a 14-month high on Thursday after Wall Street soared and the dollar gained on rising expectations the U.S. Federal Reserve will hike interest rates in March. The Nikkei gained 1.1 percent to 19,605.85 points ... ( read original story ...)

TOKYO (Reuters) - Group of 20 finance leaders will likely refrain from making big changes to their commitment to resist currency wars at this month's meeting in Germany, despite U.S. President Donald Trump's rhetoric on exchange-rate policy, Japan's former ... ( read original story ...)

A consortium of Japanese banks is planning to use distributed ledger technology — better known as blockchain — from a Google-backed fintech start-up to make domestic and international payments. Getty Images This follows a successful implementation of a ... ( read original story ...)

Comcast announced that its NBC Universal division is set to acquire the remaining 49% stake in Osaka-based Universal Studios Japan ... You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around ... ( read original story ...)

An official from Japan’s central bank invoked failed ethereum project The DAO in a speech yesterday, suggesting that reoccurrences of such events could impede blockchain adoption. Speaking at a fintech forum hosted by the bank, Shigehiro Kuwabara ... ( read original story ...)

TOKUSHIMA, Japan Dissenting Bank of Japan board member Takehiro Sato said the central bank should be open to the idea of raising its bond yield targets before inflation hits its 2 percent goal, if improvements in the economy drive up long-term interest rates. ( read original story ...)

Mizuho Bank, one of Japan’s largest financial institutions, will join Cambodia’s crowded banking sector by opening its first branch in the Kingdom next month, a bank executive said yesterday. The Japanese lender, which established a representative ... ( read original story ...)

The Bank of Japan published detailed schedules of planned asset purchases for the first time on Tuesday as it seeks to prove its commitment to a zero per cent cap on 10-year government bond yields. Japan’s central bank said it will buy a minimum of ¥1 ... ( read original story ...)

Tokyo Stock Exchange (TSE) and Japan Exchange Regulation (JPX-R) revealed that they have been reviewing artificial intelligence (AI) technologies developed by NEC Corporation and Hitachi to improve market intelligence operations. At present, surveillance ... ( read original story ...)

Tokyo shares rose Wednesday as investors breathed a sigh of relief that US President Donald Trump's speech to Congress did not deliver any unwelcome surprises, but it offered little new on his economic growth plans. Dealers were keen to see if Trump would ... ( read original story ...)