TOKYO (Reuters) - Project finance investment by Japan’s top insurers jumped nearly fivefold in the year to the end of March as they sought higher returns after years of persistently low interest rates. Their foray into the $230 billion global loan ... ( read original story ...)
Japan would lose voice of prudence if scandal brings down Aso
TOKYO (Reuters) - If the cronyism scandal that has paralyzed parliament in Japan ends up swallowing veteran Finance Minister Taro Aso, a government hooked on radical reflationary polices would lose its strongest defender of fiscal prudence. Investors ... ( read original story ...)
Japan’s regional banks are struggling, but analysts like other parts of the sector
One segment of Japan's banking sector is struggling to stay afloat — and the country's shrinking population and ultra-low interest rates seem likely to prolong those lenders' troubles. Regional banks — those mid- and small-sized lenders that mostly ... ( read original story ...)
Thai Bank Will Add Euro, Pound to Ripple Blockchain Retail Remittances
As reported previously, the SCB began inbound remittance trials over Ripple’s blockchain with Japan’s SBI Remit in June 2017. The commercial blockchain application, currently being tested in a regulatory sandbox under the eye of the Bank of Thailand ... ( read original story ...)
Thailand and Japan sign deal to promote yen and baht in direct trade
Thailand and Japan signed a Memorandum of Cooperation between the Ministry of Finance of Japan and the Bank of Thailand on the Cooperation to Promote the Use of Local Currencies On March 9th 2018, Mrs. Chantavarn Sucharitakul, Assistant Governor ... ( read original story ...)
Japan bank considers funding PetrolVietnam’s gas project
The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government guarantee. General Director of PetrolVietnam Nguyen Vu Truong Son ... ( read original story ...)
BANK OF JAPAN : Main events scheduled for Wednesday, March 14
Main events scheduled in Japan for Wednesday, March 14: -- Cabinet Office to release machinery orders data for January at 8:50 a.m. -- Peak day for spring annual wage talks as big companies respond to wage demands from labor unions. ( read original story ...)
Japan to urge G20 for steps to prevent cryptocurrency use for money laundering
TOKYO (Reuters) - Japan will urge its G20 counterparts at a meeting next ... rather than how cryptocurrency trading could affect the banking system,” one of the officials said. “The general feeling among the G20 members is that applying too stringent ... ( read original story ...)
Japan will urge G20 to step up on preventing cryptocurrencies for money laundering, says government official
"Discussions will focus on anti-money laundering steps and consumer protection, rather than how cryptocurrency trading could affect the banking system," one of the officials said. Japan will urge its G20 counterparts at a meeting next week to beef up ... ( read original story ...)
Japan Finance Minister Aso likely to skip G20 meeting: sources
TOKYO (Reuters) - Japanese Finance Minister Taro Aso is likely to skip the Group of 20 finance leaders' gathering to be held in Buenos Aires next week, government and ruling party officials said on Tuesday, as a cronyism scandal that has paralyzed ... ( read original story ...)
Japan’s embattled finance minister mulls skipping G20 meeting: media
TOKYO (Reuters) - Japan’s finance minister is considering skipping a Group of 20 finance leaders’ gathering in Buenos Aires next week, Japanese media reported, as a suspected cover-up of a cronyism scandal paralyzes parliament and puts his job on the line. ( read original story ...)
Japan’s embattled finance minister mulling skipping G20 gathering: media
TOKYO (Reuters) - Japan’s finance minister is considering skipping a Group of 20 finance leaders’ gathering in Buenos Aires next week, Kyodo news agency reported, as a suspected cover-up of a cronyism scandal paralyses parliament and puts his job on ... ( read original story ...)
Deutsche Bank Asset-Management IPO Pricing Values Unit at Up to $8.9 Billion
Japan’s Nippon Life Insurance Co. Deutsche Bank said it would sell 20% of the unit, DWS Group, in an offering range of €30 to €36 a share. The first day of trading will be March 23 on the Frankfurt Stock Exchange, the German lender said in a statement. ( read original story ...)
Japan PM, finance minister under fire over suspected cover-up of cronyism
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe and his close ally, Finance Minister Taro Aso, faced growing pressure on Monday over a suspected cover-up of a cronyism scandal that has dogged the premier for more than a year. Copies of documents seen ... ( read original story ...)
Japan Bank Consortium looks to Ripple app mobile payments
The cryptocurrency has been attracting considerable financial sector attention and is set to explode. The Ripple app is taking the spotlight in front of the massive Japan Bank Consortium. The cryptocurrency has been drawing considerable global financial ... ( read original story ...)
Open Banking Provides Perfect Environment for FinTech Integration in Japan
With a rapidly changing, quality business environment, the Government of Japan has launched a series of events across Europe to inform and promote active discussions around the future opportunities in Japan's lucrative and intelligent market. On February ... ( read original story ...)