Tag: banking

The government is considering collecting some of the revenue from casino operators mainly to finance measures to help prevent gambling addiction, sources said. The Diet enacted a law to legalize casinos in December amid ongoing public concerns over ... ( read original story ...)

Japan's top currency diplomat has been appointed for another one-year term in a regular finance ministry reshuffle, underscoring a desire to maintain policy consistency as Tokyo faces potentially tough economic talks with the United States. Masatsugu ... ( read original story ...)

Japanese giant Sumitomo Mitsui Financial Group (SMFG) has become the third Japanese firm in less than a fortnight to unveil plans to open a business in Germany that will act as its EU hub following Brexit. The company, which has the headquarters for its ... ( read original story ...)

TOKYO (AP) — Japan and the EU could forge a trade agreement later this week, Cecilia Malmstrom, the European Commissioner for Trade, said Monday. Malmstrom told reporters in Madrid she was hopeful the two sides would resolve remaining differences and ... ( read original story ...)

Many of these companies list on the Tokyo Stock Exchange's Mothers market. Many in the new IPO crop put a unique tech spin on services. Tsunagu Solutions, which listed last Friday, builds websites to recruit part-time workers. Tabikobo, which debuted in ... ( read original story ...)

A special investigation unit of the Osaka District Public Prosecutors Office is currently probing the shady land deal on suspicion of breach of trust, alleging that employees at the Finance Ministry's Kinki Local Finance Bureau sold the then state-owned ... ( read original story ...)

Japan has endeavored to develop its capital, Tokyo, as one of the major global financial centers — circulating domestic capital and capital from abroad and invite foreign financial institutions and firms to establish businesses in Tokyo — for many decades. ( read original story ...)

TOKYO -- Toshiba is thinking about taking Swiss smart meter unit Landis+Gyr public, as the embattled Japanese conglomerate rushes to generate cash for its turnaround. Toshiba on Monday said it may list the unit on the SIX Swiss Exchange by the end of ... ( read original story ...)

ZURICH Swiss smart meter maker Landis+Gyr plans an initial public offering (IPO) in the third quarter as its owner, Japanese conglomerate Toshiba, scrambles to raise funds to cover losses at bankrupt U.S. nuclear unit Westinghouse. Under the plan ... ( read original story ...)

Toshiba, slated for demotion to the second board of the Tokyo stock exchange, now has until the end of March 2018 to shore up its balance sheet or face delisting. Why Toshiba Needs Cash Fast and What May Delay It: QuickTake Q&A It bought Landis+Gyr in 2011 ... ( read original story ...)

The Japanese group is also aiming to raise about $20bn from the ... One Zurich-based banker said conditions were ripe for an IPO of Landis+Gyr because Swiss investors were “sitting on piles of cash” after the delistings of Syngenta, the agribusiness ... ( read original story ...)

People walk on a pedestrian crossing in Tokyo, Friday, June 30, 2017. Japan's factory output rose in May from a year earlier and the number of jobs per job seekers climbed to a 43-year high, reflecting labor shortages as the economy gains momentum thanks ... ( read original story ...)

TOKYO Japanese lender Sumitomo Mitsui Financial Group Inc (8316.T) will make Frankfurt its new European headquarters as it prepares for Britain's exit from the European Union in 2019, the Nikkei business daily reported on Saturday. SMFG, Japan's third ... ( read original story ...)

TOKYO, June 30 Japan's Nikkei share average stumbled to two-week lows on Friday on worries cheap funding from European central banks may be soon coming to an end. While 30 of the Topix's 33 subsectors were in negative territory, tech names in particular ... ( read original story ...)

The four times weekly route departed from Kuala Lumpur, Malaysia for Honolulu, Hawaii via Osaka, Japan. The successful inaugural flight was followed by a celebration and press conference event at the Royal Hawaiian Hotel. AirAsia X is the long-haul ... ( read original story ...)

Japan's central bank issued a rare apology on Friday over a board member's praise for Adolf Hitler's economic policies. Yutaka Harada, a member of the board of the Bank of Japan, told a seminar on Thursday Hitler's economic policies had been "appropriate ... ( read original story ...)