Tag: banking

Japanese financial services giant SBI Group has delayed the launch of its cryptocurrency exchange after determining it had to further strengthen security measures. In an announcement this week, the SBI group confirmed the postponement of the launch of its ... ( read original story ...)

QB House is a bargain-basement coiffeur that has made its fortune cutting (mostly) salarymen’s hair in under 10 minutes. Whether that business model thrills or not, there is a decent chance that when it lists on the Tokyo Exchange next month the humble ... ( read original story ...)

The Bank of Japan's decision to trim purchases of super long bonds soured sentiment by boosting the yen. TOKYO: Japan's Nikkei share average fell on Wednesday, snapping a three-day winning streak, pressured by losses on Wall Street and a larger-than ... ( read original story ...)

Says its stock will begin trading on the Tokyo Stock Exchange (TSE) Mothers on March 30, 2018, under the symbol “7320” * In its initial public offering, the company will offer a total of 160,500 common shares, comprised of newly issued 110,000 shares ... ( read original story ...)

TOKYO -- Japan's three megabanks are working together to standardize a smartphone payment system using QR codes, aiming to promote cashless transactions already widespread in China and elsewhere. Development costs are estimated to reach into the billions ... ( read original story ...)

Japan's financial regulator is mulling the creation of a regulatory framework for companies raising funds through initial coin offerings, a report indicates. According to Sankei Shimbun, the Financial Service Agency is considering the revision of relevant ... ( read original story ...)

The Financial Services Agency is laying the groundwork for a regulatory overhaul that could lead to a shake-up in Japan’s ¥1 quadrillion banking industry. The agency is examining how to change the legal framework so that all providers of financial ... ( read original story ...)

The IPO would likely take place in the week of March 19 ... asset management and wants to improve its distribution network and expand in countries such as Japan, South Korea, Taiwan and Singapore. DWS had 3,800 staff managing €700-billion worldwide ... ( read original story ...)

Japan's Osaka Gas sees no major impact on LNG procurement from the shutdown of ExxonMobil Corp's liquefied natural gas (LNG) plant in Papua New Guinea following a powerful earthquake in the country's remote highlands, company president Takehiro Honjo said ... ( read original story ...)

TOKYO -- Japan's cosmetics exports jumped 39% to 371.5 billion yen ($3.48 billion) in 2017, marking a fifth straight record year, as inbound tourism creates new devotees who continue to use the products long after returning home. The Nikkei compiled the ... ( read original story ...)

TOKYO -- More Japanese women are staying in work after childbirth as government policy to keep young mothers in the workforce begins to pay off. A tight labor market due to the shrinking population and the ongoing economic recovery are also factors ... ( read original story ...)

TOKYO -- A rising yen threatens to depress annual profit growth at export-driven Japanese companies that close their books ... data compiled by The Nikkei shows. Sales are forecast to grow 5% to 51.19 trillion yen, down from the 11% rise last year. ( read original story ...)

TOKYO -- Investors are piling into Japanese companies that serve international visitors ... Shiseido's shares have surged 19%, and Don Quijote's more than 6%, since Feb. 6, when the Nikkei Stock Average tumbled 1,071 points. The index itself has rallied ... ( read original story ...)

TOKYO -- Japan has secured the rights to develop an oil field in Abu Dhabi for an additional 40 years, the Ministry of Economy, Trade and Industry said on Monday. State-owned Abu Dhabi National Oil and Inpex agreed to renew Japan's interests in the field ... ( read original story ...)

Of Tokyo's 33 sub-indexes, 31 gained, with defensive stocks like pharmaceuticals in the lead. TOKYO: Japan's Nikkei share average rose to near three-week highs on Monday, with most sectors advancing as investor confidence continued to improve after Wall ... ( read original story ...)

The Pyeongchang Winter Olympics has been hailed as the most tech-centric ever, but Tokyo now wants to beat that record in 2020. Masa Takaya, spokesperson for The Tokyo Organising Committee of the Olympic and Paralympic Games, told CNBC on "Squawk Box ... ( read original story ...)