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Tag: banking

Posted on 13/10/2018

Japan’s Kuroda Says Treasury Yields Triggered Market Sell Off

Market volatility that started in the U.S. and rippled through Asia this week stemmed from rising U.S. Treasury yields, Japan’s central bank governor said. While the economic fundamentals for the U.S. ... ( read original story ...)

Posted on 13/10/2018

Japan’s Household Spending Hits 3-Year High: 4 Picks

Household spending in the third-largest economy in the world, Japan, surged to its highest level in the last three years. Such upbeat data from Japan allayed fears that the Asian giant’s ... ( read original story ...)

Posted on 12/10/2018

SoftBank picks Nomura, Goldman, three others to lead mobile unit’s IPO: source

Bloomberg News reported Friday that the Japanese investment and technology firm aims to sell around 3 trillion yen ($27 billion) of shares, the biggest IPO ever, listing on the Tokyo Stock Exchange in ... ( read original story ...)

Posted on 12/10/2018

Bank of Japan’s Kuroda paints upbeat view on global economy despite market rout

NUSA DUA, Indonesia (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday there were some adjustments seen in financial markets but this did not change the view that global growth ... ( read original story ...)

Posted on 12/10/2018

SoftBank Selects Nomura, Goldman Sachs to Lead IPO

Tokyo-based SoftBank plans to market most of the shares to Japanese individuals, Bloomberg News has reported. Read how SoftBank may seek financing from banks pitching IPO role Representatives for ... ( read original story ...)

Posted on 12/10/2018

Japan to offer foreign workers chance for permanent residency

TOKYO -- Skilled workers that come to Japan will be eligible for a new type ... Justice Minister Takashi Yamashita told Nikkei on Thursday. Foreigners with advanced skills, education or work ... ( read original story ...)

Posted on 12/10/2018

Japan’s Daiwa trading unit shifts to Frankfurt as Brexit looms

Daiwa is the latest Japanese bank to migrate trading operations to Frankfurt from London, as the nation’s financiers move ahead with their Brexit contingency plans with only six months to go and no de... ( read original story ...)

Posted on 12/10/2018

Nikkei extends slide as investors shun risk; insurers sold

TOKYO, Oct 12 (Reuters) - Japan’s Nikkei fell on Friday morning as investors maintained their risk aversion after Wall Street extended its slide overnight, dragging down recent winners such as insurer... ( read original story ...)

Posted on 12/10/2018

Nikkei suffers biggest daily drop since March amid global rout

TOKYO, Oct 11 (Reuters) - Japan’s Nikkei tumbled to a one-month low on Thursday and suffered its biggest daily decline since March, hit by a sell-off in global shares, while tech firms and industrial ... ( read original story ...)

Posted on 12/10/2018

IMF says too early to talk about exit from easy policy in Japan

NUSA DUA, Indonesia (Reuters) - A senior International Monetary Fund official said on Friday it was “too early” to talk about normalizing monetary policy in Japan, as it will take a long time to achie... ( read original story ...)

Posted on 12/10/2018

Japan Tankan Surveys Point To A Weaker Pace Of Economic Growth

The latest quarterly surveys from the Bank of Japan showed business sentiment among large manufacturers worsening for the third consecutive quarter. The declines came amid concerns about increasing tr... ( read original story ...)

Posted on 12/10/2018

Nikkei drops about 4% as Asian markets follow Wall Street’s plunge

Asian stocks plummeted in early trading Thursday following the skid on Wall Street. Japan’s Nikkei NIK, -3.89% fell about 4% as stocks got added pressure from the yen’s overnight bounce. The dollar wa... ( read original story ...)

Posted on 12/10/2018

Japan issues warning against volatile stock, currency moves

A senior Japanese finance ministry official later told reporters that Tokyo was ready to “consider a response” if markets remain extremely volatile. He did not specify what steps Japan could ... ( read original story ...)

Posted on 11/10/2018

BOJ board member warns trade protectionism could hurt Japan’s growth

(Reuters) - Bank of Japan board member Makoto Sakurai warned on Thursday the spread of protectionist trade measures was creating uncertainty in the global economy and could result in Japan’s economic ... ( read original story ...)

Posted on 11/10/2018

IMF’s Furusawa sees BOJ taking back seat in next Japan recession

NUSA DUA, Indonesia (Reuters) - Fiscal policy will likely play a bigger role in spurring growth when Japan is hit by a next recession, as the Bank of Japan’s ultra-easy policy is already in full swing ... ( read original story ...)

Posted on 11/10/2018

Japan’s Daiwa shifts to Frankfurt from London as Brexit looms

Daiwa is the latest Japanese bank to migrate trading operations to Frankfurt from London, as the nation’s financiers move ahead with their Brexit contingency plans with only six months to go and no de... ( read original story ...)

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