Tag: banking

The Bank of Japan’s (BOJ’s) war against deflation is far from over, but analysts are hopeful that 2017 may mark a turning point for the world’s third-largest economy. Evidence that two decades of deflation have yet to be fully expunged came Friday ... ( read original story ...)

The holding company would instead wait for the appropriate timing to sell shares in Japan Post Bank Co Ltd and Japan Post Insurance Co Ltd, Nagato said at a news conference. "We would like to sell our holdings in the two subsidiaries down to 50 percent as ... ( read original story ...)

TOKYO Japanese Prime Minister Shinzo Abe said the next central bank governor should be someone who would carry on the policy stance taken by incumbent Haruhiko Kuroda, signaling its ultra-easy monetary policy could be sustained for years to come. ( read original story ...)

Japan's Nikkei slid almost 1% in early trading Monday. President Donald Trump’s executive order on immigration and muted American GDP data have put traders in Asia back into risk-off positions, though many markets in the region are on a holiday break. ( read original story ...)

In addition to having connectivity to the Tokyo Financial Exchange (TFX), the Japan Securities Depository Center (JASDEC) and the Tokyo Commodity Exchange (TOCOM), TSE placed priority on increasing network speed, reliability and scalability, while also ... ( read original story ...)

TOKYO -- The Bank of Japan is poised to upgrade its three-year economic growth outlook in the final days of January in light of strong recent indicators, though stronger inflation forecasts will be a harder sell. The central bank will compile its quarterly ... ( read original story ...)

TOKYO, Jan 30 Japan's Nikkei share average fell on Monday morning after a stronger yen weakened export sentiment, while financial companies tumbled after data showed the US economy grew at a slower-than-expected pace. The Nikkei dropped 0.8 percent to ... ( read original story ...)

TOKYO -- The Tokyo Stock Exchange was previously said to be a long shot for being picked as one of the venues for Saudi Aramco's multi-country listing -- but the chances have apparently increased, if slightly. Initial public offerings have been hot in ... ( read original story ...)

"We have not decided the details, but we believe an IPO is one of the future possibilities," Senior ... which includes the highly risky construction of new plants. As for Japan's nuclear power business, he said it will center around maintenance and ... ( read original story ...)

TOKYO The Bank of Japan is expected to leave its monetary policy settings unchanged on Tuesday, maintaining the current pace of bond-buying as well as holding its negative interest rate and long-term bond yield target steady amid signs of a more sure ... ( read original story ...)

Weak economic growth has stifled demand for corporate loans in Japan for years, and lenders were dealt another blow in early 2016 when the central bank turned to negative rates - a move that has so far failed to encourage new borrowing. Profits for top ... ( read original story ...)

Shinzo Abe’s mission to lift Japan out of the deflationary spiral that has plagued its economy for two decades suffered another setback on Friday after data showed annual consumer prices had fallen for the first time in four years. The data will add to ... ( read original story ...)

Morgan Stanley’s mergers advisory business in Asia outside Japan pulled in record fees last year and the firm gained market share in equities, helping partially shield it from an investment-banking contraction that prompted competitors like Goldman Sachs ... ( read original story ...)

Will pay as much as 12 billion yen to terminate partnership Sumitomo Mitsui Financial Group Inc. will hire about 20 private bankers from Barclays Plc in Japan as the two companies end a six-year alliance and the U.K. bank scales back its wealth-management ... ( read original story ...)

It turns out the Bank of Japan’s accidental break from a strong currency isn’t quite the much-vaunted panacea. Consumer prices out Friday showed a slower pace of decline, with core prices excluding fresh food falling 0.2% in December from a year ... ( read original story ...)

The yield on the benchmark 10-year Japanese government bond fell Friday morning as investors bought the debt following the Bank of Japan's announcement that it will expand its massive bond purchases. The yield on the No. 345, 0.1 percent issue, the main ... ( read original story ...)