Long-only Japanese investors scoop up Japan shares

TOKYO (Reuters) - Japanese retail investors bought about 1 trillion yen ($9.37 billion) of domestic stocks over the past six weeks as they saw bargain hunting opportunities after the recent sharp slide, helping to put a rough floor under the market. ( read original story ...)

Deutsche Bank unit IPO valued at as much as $8.9B

Deutsche Bank AG on Sunday said the share pricing for the coming partial float of its asset-management unit values the business at EUR6 billion to EUR7.2 billion ($7.4 billion to $8.9 billion), and announced a "cornerstone" investor in the offering, Japan ... ( read original story ...)

Deutsche Bank in deal with Nippon Life to anchor DWS float

The bank is set to receive gross proceeds between €1.2bn-€ ... The alliance between DWS and Nippon Life is consistent with the Japanese insurer’s plans to grow outside its home market, where returns on investments have dwindled under hyper-aggressive ... ( read original story ...)

Is Japan Headed For Even More Economic Stimulus? (DXJ)

From WisdomTree: The Bank of Japan (BOJ) will hold its first policy board meeting with the newly appointed board members on April 26 and 27. In our view, there is a growing probability of the “dovish” faction gaining momentum, with at least two (and ... ( read original story ...)

Finance Ministry to admit cover-up in Moritomo land scandal

The Finance Ministry has decided to admit that documents related to the shady 2016 land deal struck with Osaka-based school operator Moritomo Gakuen were secretly revised and that key parts were dropped from the version released to lawmakers last year ... ( read original story ...)

Bank of Thailand signs memo with Japan finance ministry

BANGKOK: Bank of Thailand announced the two bodies will establish a framework for cooperation to promote use of local currencies for settling trade and investment in both countries. Covered under the MoC is settlement that includes, among others ... ( read original story ...)

BoT inks currency deal with Japan

Japan's Finance Ministry and the Bank of Thailand have signed a memorandum of cooperation for the establishment of a framework to promote the use of local currencies. The deal aims to promote the use of local currencies for trade and investment settlement ... ( read original story ...)

Japan is open-banking its arms to a fintech revolution

It is a little-known fact that Japan has embraced the notion of open banking, having been inspired by the European Payment Services Directive. In fact, not only has it embraced open banking, it is storming full steam ahead with it. And while an open ... ( read original story ...)

Japan central bank keeps policy steady

TOKYO - 9 March 2018: Japan’s central bank kept monetary settings unchanged on Friday and stuck to its upbeat view on the economy, underscoring its conviction that its massive stimulus program is helping drive inflation toward its elusive target. ( read original story ...)

Bank of Japan stays in holding pattern

As expected, the Bank of Japan's policy board voted to keep the benchmark interest rate at -0.1% and the yield on 10-year Japanese government bonds near 0%. The decisions by the central bank were made with inflation in Japan still comfortably below the BOJ ... ( read original story ...)

MoneyTap Puts Ripple to Work in Japanese Mobile Payments

Since the whole group covers 61 banks total that account for just over 80 percent of all of Japan’s banking assets at last report, it’s going to be fairly widespread. As for the Ripple connection, word from SBI Ripple Asia’s CEO Takashi Okita ... ( read original story ...)