Tag: banking

Kunio Tahara, a senior managing director at Japan Post Bank, and Taiichi Hoshino, a managing director, will take the helm of Japan Post Bank's ¥207.7 trillion ($1.89 trillion) investment portfolio, effective June 20, said Katsunori Sago, representative ... ( read original story ...)

TOKYO (Reuters) - Japan’s Nikkei share average was flat in choppy trade on Wednesday morning as firms that rely on China demand tumbled on trade war worries, with machine tool makers and shippers posting multi-month lows, which offset gains in defensive ... ( read original story ...)

The benchmark Topix index was off 0.5 per cent in Tokyo as industrials fell 0.4 per cent and financials dipped 0.9 per cent and energy stocks dropped 1.1 per cent. But the S&P/ASX 200 was up 0.6 per cent in Sydney, bolstered by a rise of 1.2 per cent by ... ( read original story ...

Mercari Inc. soared on its first day of trading on the Tokyo Stock Exchange, underscoring investor optimism in its prospects. Shares of the Japanese online marketplace traded at around 5,300 yen as of 11:25 a.m. in Tokyo on Tuesday, rallying from the 3,000 ... ( read original story ...)

TOKYO (Reuters) - Japanese stocks tumbled to 2-1/2-week lows on Tuesday and posted the biggest daily percentage drop in three months after Chinese stocks were sold sharply amid escalating global trade tussles. The Nikkei share average .N225 ended 1.8 ... ( read original story ...)

MGM has stressed its commitment to partnering with local communities. MGM CEO James Murren, who has been traveling to Japan every two months, told the Nikkei Asian Review in Tokyo at the end of May that he has been in contact with "hundreds of Japanese ... ( read original story ...)

TOKYO (Reuters) - Japanese stocks slid on Tuesday after U.S. President Donald Trump’s new threat to impose a 10 percent tariff on $200 billion of Chinese goods, escalating a tit-for-tat trade war with Beijing. The Nikkei share average fell 0.9 percent ... ( read original story ...)

TOKYO (Reuters) - A magnitude 6.1 earthquake in Osaka, Japan's second-biggest metropolis, killed four people, injured hundreds more and halted factory lines in an industrial area, government and company officials said on Tuesday. Authorities were assessing ... ( read original story ...)

The Bank of Japan should accept it is making no headway in its efforts to spur 2 percent inflation and start normalizing policy, according to Tokyo University professor Tsutomu Watanabe, a former BOJ official and long-time advocate of the price goal. ( read original story ...)

LONDON/TOKYO (Reuters) - Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion (£15 billion) project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyers ... ( read original story ...)

CALGARY — South Korea has joined Japan in suspending trade in Canadian wheat following the discovery of a small number of genetically modified plants in southern Alberta. It's standard protocol in both countries to temporarily close markets in such cases ... ( read original story ...)

TOKYO (Reuters) - Japanese stocks fell on Monday morning as an escalating ... Osaka Gas (9532.T) stumbled 3.4 percent. The Nikkei share average .N225 dropped 1.0 percent to 22,635.60 in midmorning trade, after falling to as low as 22,626.07, the lowest ... ( read original story ...)

The spread of online shopping in Japan is dragging down consumer inflation, the central bank said, highlighting the “Amazon effect” on prices and the challenges policy makers face as they try to pull the world’s third-biggest economy out of years of ... ( read original story ...)

PUTRAJAYA: Several Japanese banking institutions are receptive towards extending yen credit in the form of soft loans to Malaysia, said Japanese ambassador to Malaysia Dr Makio Miyagawa. He said the Japanese prime minister sent a “clear-cut” message ... ( read original story ...)

TOKYO (Reuters) - When flea market app Mercari (:4385.T) makes its market debut on Tuesday, it will mark the appearance of one of Japan's rarest beasts: a tech unicorn. In most countries, a billion-dollar IPO might suggest the return of an equity boom. ( read original story ...)

Japan was clearly marginalized in the run-up to and during the June 12 summit between the U.S. and North Korean leaders in Singapore. The dynamics suggest that Tokyo will not play any significant role in the follow-up negotiations. There is no way to ... ( read original story ...)