Tag: banking

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 ...)

Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year. The country routinely falls into deficit in January due to the lunar new ... ( read original story ...)

OSAKA--A Finance Ministry local bureau here sold a state-owned parcel to a private school operator connected to the wife of Prime Minister Shinzo Abe at a fraction of the price of an adjacent similar-sized state-owned lot. Akie Abe will be the honorary ... ( read original story ...)

Japan's merchandise trade balance with the rest of the world came to a Y1.087 trillion deficit. Economists polled by the Nikkei had forecast a Y629.3 billion deficit. Overall imports climbed 8.5% in January to Y6.509 trillion for the first rise in 25 months. ( read original story ...)

Developing games for the Nintendo Switch just got way more affordable. At the Game Creators Conference 2017 in Osaka, Japan, Nintendo announced that Switch development kits would only cost 50,000 yen, or roughly $450. More: Nintendo’s Switch is one ... ( read original story ...)

... to speak on "Looking Back on 10 Years at the Federal Reserve Bank of Atlanta" before the 2017 Banking Outlook Conference - 1335 GMT. YAMANASHI, Japan - Bank of Japan policy board member, Takahide Kiuchi, to meet with business leaders. MONDAY, FEBRUARY ... ( read original story ...)

TOKYO Sumitomo Mitsui Banking Corp (SMBC), one of the main lenders to Toshiba Corp (6502.T), will provide as much support as possible to the troubled Japanese firm, the bank's chief executive said. The TVs-to-nuclear conglomerate is scrambling for cash to ... ( read original story ...)

aka the central bank of central banks, noted on Friday that over the last 16 years, debts of governments, households and corporations has gone up…everywhere. In the U.S., debt is up 63%. The Eurozone, Japan, U.K., Canada and Australia average around 52%. ( read original story ...)

such as the Government Pension Investment Fund and the Japan Bank for International Cooperation. Many of the projects and figures come from pre-existing private sector initiatives, but these two government organisations have acted as Abe’s purse ... ( read original story ...)

After opting out of the proposal to approach the Japanese International Cooperation Agency (JICA) for loan, the State government is heavily banking on funding by the German and French development banks KfW and Agence Francaise de Development (AFD ... ( read original story ...)

Kirit reports to Derrick Tan, Bank of Singapore’s Global Market Head for Malaysia, Brunei, Japan, Sub-Continent and Middle East. Under Kirit’s leadership, Bank of Singapore has registered stellar growth in the Middle East region - doubling its assets ... ( read original story ...)

The IMF said Sunday it would provide $40 million over three years. It says the Asian Development Bank, World Bank, Japan and South Korea are expected to provide up to $3 billion, and the People's Bank of China is expected to extend its $2 billion swap line ... ( read original story ...)

“The Asian Development Bank, the World Bank and bilateral partners including Japan and Korea are expected to provide up to another US$3 billion in budget and project support, while the People’s Bank of China is expected to extend its 15 yuan billion ... ( read original story ...)

TOKYO -- More than 3 million Japanese workers changed jobs in 2016 as a labor shortage and the need for global expertise pushed employers to scour the market for technical professionals and veteran managers. The tally of 3.06 million, as reported by Japan ... ( read original story ...)

TOKYO -- Japan's publicly traded companies continue to return more profit to shareholders, with dividends headed toward a record 11.8 trillion yen ($104 billion) for fiscal 2016. Payouts are on track to rise for a seventh straight year, climbing 7% from ... ( read original story ...)

As a reporter for the Nikkei Shimbun's securities section, Nagano reported in depth on the economy and on the incidents that occurred during Japan's economic "bubble" years from the late 1980s to the early 1990s, gaining a reputation for skillful reporting. ( read original story ...)