Tag: banking

A weaker yen generally makes Japanese exports more competitive overseas and lifts the Tokyo market. In share trading, Toyota rose 0.37 percent to 6,456 yen while banking giant Mitsubishi UFJ Financial Group was up 0.61 percent to sit at 772.5 yen. ( read original story ...)

A weaker yen generally makes Japanese exports more competitive overseas and lifts the Tokyo market. Toyota rose 0.71 percent to 6,478 yen, while banking giant Mitsubishi UFJ Financial Group was up 0.80 percent at 774 yen. Toshiba fell 1.39 percent to 183.7 ... ( read original story ...)

Toshiba said Tuesday it is selling its entire 65 per cent stake in Toshiba Medical Finance Co. to Canon, a Japanese camera maker, effective March 31. Tokyo-based Toshiba has been in talks with Canon since late last year on the sale. Toshiba, which owns U.S ... ( read original story ...)

Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue ... Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion. Saudi Arabian Oil Co, known as Saudi Aramco, was not immediately ... ( read original story ...)

Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo, and Shanghai but are unlikely to pursue ... Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion. Saudi Arabian Oil Co, known as Saudi Aramco , was not ... ( read original story ...)

Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue ... Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion. Saudi Aramco was not immediately available for comment. ( read original story ...)

TOKYO -- The Japanese government is moving to ease residency requirements for non-native service workers in an effort to deal with an influx of tourists from outside the country. Beyond work-study Japan hosted a record 24.03 million foreign tourists in 2016. ( read original story ...)

Japan’s manufacturing sector enjoyed another strong month in February with activity levels improving at the fastest pace in nearly three years. The Nikkei-IHS Markit “flash” manufacturing purchasing managers index (PMI) rose to 53.5 in February ... ( read original story ...)

TOKYO -- The introduction of negative interest rates a year ago by the Bank of Japan is prompting listed companies here to funnel the money they save on borrowing costs toward takeovers and capital investment. The average borrowing rate of 1,387 ... ( read original story ...)

TOKYO -- The planned consolidation of three regional banks in greater Osaka highlights an increasingly harsh business environment and a pressing need to raise efficiency in Japan's shrinking market amid ultralow interest rates. The financial institutions ... ( read original story ...)

Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue ... Saudi officials expect the IPO to value Aramco at a minimum of $2 trillion (£1.61 trillion). Saudi Arabian Oil Co, known as Saudi Aramco ... ( read original story ...)

TOKYO Sumitomo Mitsui Financial Group (8316.T) (SMFG) and Resona Holdings Inc (8308.T) are in talks to merge some of their units, sources said, in what would be the latest in a slow but steady wave of consolidation in Japan's regional banking industry. ( read original story ...)

Japan's efforts to put the kibosh on karoshi, or "death by overwork," by addressing excessive overtime could weigh heavily on economic growth, Deutsche Bank said. "Cuts in overtime hours lead to lower household income, corporate earnings, and the economy's ... ( read original story ...)

Saudi Arabia favors New York for Aramco IPO; also said to be considering London, Toronto - WSJ, citing sources * Saudi officials also have talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places ... ( read original story ...)

Tokyo stocks overcame early losses to end modestly higher on Monday as yen weakness prompted late bargain-hunting. Shares opened in negative territory even though US stocks hit new highs Friday for the sixth time in seven sessions, with investors focusing ... ( read original story ...)

Exports rose in January due to higher shipments of fuel, car parts and steel, but a decline in auto exports contributed to the slower pace of growth, finance ministry data showed on Monday. Japan's exports to the U.S. fell 6.6 percent in January from a ... ( read original story ...)