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Tag: banking

Posted on 21/09/2018

Japanese Inflation Data Unlikely to Move the Yen as Safe-Haven Flows Remain Currency’s Primary Driver

Japanese inflation data for August will be hitting the markets on Thursday at 2330 GMT. The figures are expected to confirm that the Bank of Japan remains far off from achieving its inflation target a... ( read original story ...)

Posted on 21/09/2018

The $234 Billion Money Laundering Case at Danske Bank’s Impossible in Bitcoin Ecosystem

Danske Bank is a mover in the Nordic region ... Since Bitcoin is pseudonymous and exchanges are mandated to ask for KYC, culprits would be nabbed. In Japan and UK, the crypto community are agitating f... ( read original story ...)

Posted on 21/09/2018

Japan PM Abe wins extended term, faces Trump trade challenge

[L3N1W63RZ] After years of heavy money printing, the Bank of Japan has little ammunition left. Japan’s huge public debt and rising social welfare costs for a fast-ageing population also leave Abe with ... ( read original story ...)

Posted on 21/09/2018

Japan inflation ticks up but BOJ’s target still out of reach

Japan's annual core consumer inflation ticked up slightly in August but remained distant from the central bank's 2 percent target, suggesting that monetary policy will stay ultra-loose for the time be... ( read original story ...)

Posted on 21/09/2018

Japan’s central bank keeps policy steady, sticks to rosy economic view

The Bank of Japan kept monetary policy steady on Wednesday and maintained its optimistic view on the economy despite escalating global trade frictions. "Japan's economy is expanding moderately," the B... ( read original story ...)

Posted on 21/09/2018

Japan’s Abe says has met key goal on jobs, distances himself from BOJ inflation target

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Thursday his key economic policy goal has been fulfilled, with job losses at record lows, signaling that he was no longer persisting on ach... ( read original story ...)

Posted on 20/09/2018

Japan clothing magnate Maezawa chases spot in business firmament

TOKYO (Reuters) - Japanese fashion billionaire Yusaku Maezawa's first meeting with role model and SoftBank Group Corp (:9984.T) boss Masayoshi Son came in 2010 when they bathed together - a popular co... ( read original story ...)

Posted on 20/09/2018

Japan digital currency exchange hacked, losing $60 million

Japan has been bullish on virtual money and has set up a system requiring exchanges to be licensed to help protect consumers. The system is also meant to make Japan a global leader in the technology. ... ( read original story ...)

Posted on 20/09/2018

Bank of Japan mired in ‘mission impossible’ against deflation

Former Bank of Japan member Sayuri Shirai fondly remembers when the bank decided on a massive programme intended to perk up the world's number-three economy and save it from damaging deflation. "It wa... ( read original story ...)

Posted on 20/09/2018

Nikkei hits 8-month high on some solace in trade spat

TOKYO -- Investors breathed a sigh of relief after the latest volley in the U.S.-China trade war escalated tensions less than expected, helping lift Japan's Nikkei Stock Average to an eight-month ... ( read original story ...)

Posted on 20/09/2018

Nikkei hits near 8-mth high, Topix also jumps; insurers rally after US yields rise

TOKYO, Sept 19 (Reuters) - Japan’s Nikkei extended its gains to near eight-month highs on Wednesday as investors took heart from a strong performance in Wall Street despite lingering trade war concern... ( read original story ...)

Posted on 20/09/2018

Nikkei nears 8-month highs; insurers rally after U.S. yields rise

TOKYO, Sept 19 (Reuters) - Japan’s Nikkei extended its gains to near eight-month highs on Wednesday as investors took heart from a strong performance in Wall Street despite lingering trade war concern... ( read original story ...)

Posted on 19/09/2018

Toshiba Memory chief shrugs off price concerns, sticks with IPO plans

YOKKAICHI, Japan (Reuters) - The chief executive of Toshiba ... preliminary work to prepare for an initial public offering (IPO). “No changes to our plan, to aim for an IPO in 2-3 years ... ( read original story ...)

Posted on 19/09/2018

Bank of Japan Maintains Promise to Keep Extremely Low Rates for ‘Extended Period’

TOKYO—The Bank of Japan reiterated Wednesday that it would keep interest rates extremely low “for an extended period,” holding to forward guidance it first introduced in July. The BOJ decided to stand ... ( read original story ...)

Posted on 19/09/2018

Japan exports rise as U.S.-bound shipments grow amid trade war fears

TOKYO (Reuters) - Japan's export growth accelerated in August from the previous month as shipments to the United States grew as Tokyo looks to avert a trade war through talks with Washington expected ... ( read original story ...)

Posted on 19/09/2018

Why is Japan’s monetary policy so unpopular with banks?

TOKYO (Reuters) - Japan’s central bank has been pursuing quantitative easing for the past five years to spur consumption in the world’s third largest economy, but its policies have also made it unpopu... ( read original story ...)

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