The Bank of Japan's decision to maintain its policy of massive monetary easing suggests the inflation target of 2 percent remains a distant prospect and that the policy is here to stay for an extended period. The central bank made the decision at a ... ( read original story ...)
Bank of Japan Sees Rising Political Uncertainty as a Risk
According to news reports, Japanese Prime Minister Shinzo Abe could be calling for a snap election next month to capitalize on the increased approval ratings in August. Ratings for Abe and his government have taken a hit, falling below 30.0% in July after ... ( read original story ...)
‘Forest bank’ proposed to save Japan’s ailing artificial forests
Vast tracts of artificial forests left unattended or abandoned across Japan could be redeveloped under plans to set up a “forest bank.” The system envisaged by the Forestry Agency, cities, towns and villages would mean leasing long-neglected forests of ... ( read original story ...)
Twenty years on: Asian crisis and regional financial arrangements
This informal grouping hosted by Japan in Tokyo on August 11, became the ‘Friends of Thailand’. The concrete outcome of the meeting was a series of financial commitments by seven countries and the multilaterals, with the United States notably absent. ( read original story ...)
SBI Life IPO subscribed 58% on Day 2
WTA TOKYO - Kerber upset Pliskova to reach the semifinal The 2016 ... Ltd had raised Rs6,000 crore in its initial share sale. Thus the company's IPO involves promoters offloading a total of up to 12 crore shares. ( read original story ...)
Bank of Japan leaves monetary policy unchanged
TOKYO — The Bank of Japan left policy unchanged Thursday, sticking with its aggressive monetary stimulus measures as many other major central banks around the world head toward the exit door from easy money. The Japanese central bank’s decision to ... ( read original story ...)
Dollar falls to around ¥112 in Tokyo on North Korea threat
Trump has followed through on the report and has signed an executive order that significantly expands U.S. authority to target individuals, companies and financial institutions that conduct significant trades with North Korea. "It is unacceptable that ... ( read original story ...)
India Finance Minister Says Don’t ‘Panic’ Over Slowdown
Finance Minister Arun Jaitley said India needs to find a balance ... The national carrier’s balance sheet includes real estate from Tokyo to London, two hotels, five subsidiary companies and a joint venture, making a possible sale complicated. ( read original story ...)
Financial regulators of Japan and Abu Dhabi Global Market cooperate on FinTech
The Financial Services Agency of Japan (‘FSA’) and the Financial ... and CEO of FSRA, Richard Teng took place in Tokyo today to seal the Framework at the FinTech Summit, the international conference as part of FIN/SUM Week co-hosted by FSA, The Nikkei ... ( read original story ...)
Sumitomo Mitsui Financial : Technical Insights on Banking Stocks — Grupo Financiero Galicia, Popular, HDFC Bank, and Sumitomo Mitsui Financial
symbol=HDB Sumitomo Mitsui Financial Group On Thursday, shares in Tokyo, Japan headquartered Sumitomo Mitsui Financial Group Inc. recorded a trading volume of 767,707 shares. The stock finished the day 0.13% higher at $7.75. The Company's shares have ... ( read original story ...)
WeWork to Debut in Japan With Three Central Tokyo Locations
a co-working space startup backed by SoftBank Group Corp., is making its debut in Japan with three locations in downtown Tokyo starting February ... to invest $4.4 billion in WeWork last month to finance an aggressive global expansion plan that includes ... ( read original story ...)
Shanghai ranks 6th among world’s top financial centers
In the latest edition released in September, London remained the world's top financial center, followed by New York, Hong Kong, Singapore, and Tokyo. Hong Kong and Singapore were far better than Shanghai before, but as Shanghai has been constantly opening ... ( read original story ...)
Abenomics Has a New Weapon to Pry Money From Bank Accounts
In his eyes, that’s getting in the way of one of the key missions of Abenomics: to encourage Japanese people to move more of their $8.4 trillion in cash and bank deposits into the stock market. In an attempt to address this, Mori is starting a new tax ... ( read original story ...)
Japan to speed growth of hydrogen refueling stations
TOKYO -- Japan will ease up on regulations on hydrogen stations for fuel cell vehicles, making the refueling points less costly to set up and operate in hopes of helping the environmentally friendly cars catch on. By fiscal 2018, the Ministry of Economy ... ( read original story ...)
Fledgling Japanese fintech sector needs to ‘design for global use’
He was speaking on Tuesday at FIN/SUM, a conference in Tokyo jointly organized by NIKKEI and Japan's Financial Service Agency. According to a review of global fintech hubs released by Deloitte in April, Tokyo trails Singapore, Hong Kong and Sydney in the ... ( read original story ...)
Nikkei falls as geopolitical fears on North Korea sap risk appetite
TOKYO, Sept 22 (Reuters) - Japan’s Nikkei share average fell in choppy trade early on Friday, moving away from two-year highs as rising geopolitical tensions over North Korea sapped risk appetite. South Korea’s Yonhap news agency reported North Korean ... ( read original story ...)