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Tag: banking

Posted on 10/10/2023

MUFG, Japan Banks Disrupted by Glitches at Money Transfer System

Japan’s online bank transfer system is experiencing glitches that are disrupting cash remittances at MUFG Bank Ltd. and 10 other lenders.

Posted on 10/10/2023

UPDATE 1-Glitch at Japan’s clearing system preventing transfers at 11 banks

The Japanese Bankers Association said on Tuesday a glitch at its online payment clearing network system is preventing some domestic transfers at 11 banks including MUFG Bank and Resona Bank. There was ...

Posted on 10/10/2023

Kokusai Electric trims indicative IPO pricing about 3%

By Sam Nussey, Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -Japanese chip equipment maker Kokusai Electric on Tuesday trimmed the indicative pricing for its $730 million initial public offering ...

Posted on 10/10/2023

UPDATE 1-Kokusai Electric sets indicative IPO range of 1,830-1,840 yen per share -filing

Japanese chipmaking equipment maker Kokusai Electric set an indicative initial public offering (IPO) price range of 1,830-1,840 yen ($12.32-$12.39) per share, lower than the previous indicative price ...

Posted on 10/10/2023

Japanese Market Sharply Higher In Post-holiday Trading

In post-holiday trading, the Japanese stock market is sharply higher on Tuesday, recouping the losses in the previous session, with ...

Posted on 10/10/2023

Japan to chair G7 finance ministers meeting at IMF conference on Oct 12

Japan will chair a meeting of finance ministers and central bank governors from the Group of Seven (G7) advanced nations on Oct. 12 to discuss the war in Ukraine and the world economy, Finance ...

Posted on 10/10/2023

Kokusai Electric sets tentative IPO price of 1,830-1,840 yen per share -filing

Kokusai Electric will set a tentative initial public offering (IPO) price of 1,830-1,840 yen ($12.32-$12.39) per share, lower than the previous of estimate 1,890 yen, according to a regulatory filing ...

Posted on 10/10/2023

Why attracting BlackRock’s Larry Fink is not enough for Japan

After hosting a gathering of the world’s biggest investors in Tokyo last week, BlackRock founder Larry Fink compared the current global interest in Japan to the time when the world was fascinated by ...

Posted on 10/10/2023

Nikkei stock index up 2% as oil issues gain amid Middle East conflict

At 9:40 a.m., the 225-issue Nikkei Stock Average gained 662.92 points, or 2.14 percent, from Friday to 31,657.59. Japanese financial markets were closed Monday for a national holiday.

Posted on 10/10/2023

Japan logs current account surplus of 2.28 tril. yen in August

TOKYO (Kyodo) -- Japan posted a current account surplus of 2.28 trillion yen ($15 billion) in August, the Finance Ministry said Tuesday. The current account balance is one of the widest gauges of ...

Posted on 10/10/2023

People Said New York Was Too Tough on Crypto. But Perhaps It’s Been Right All Along

New York introduced strict crypto regulation in 2015. Find out how its tough stance protected New Yorkers from some of the worst of the crypto collapses.

Posted on 10/10/2023

Japanese firms rev up output of EV range-boosting materials

Mitsubishi Chemical Group and Asahi Kasei are among Japanese companies increasing production of materials that allow electric vehicles to travel farther, looking to tap demand for higher performance ...

Posted on 10/10/2023

Private developers push to revitalize Tokyo with luxury towers

Tokyo is being transformed with tower redevelopments packed with offices, luxury apartments, hotels and boutiques.

Posted on 10/10/2023

Exclusive: VanEck leaders share outlook on latest crypto ETFs

Managers from the firm outlined their expectations for a new ethereum futures ETF, the lukewarm reception to last week's launches and more.

Posted on 10/10/2023

Crypto Risks Another Sam Bankman-Fried if U.S. Doesn’t Provide Clear Regulation

It feels like all eyes are trained on two courthouses in New York this week, as two men with (formerly) distinctive hair launch defenses against their alleged bad behavior. But just as the Elizabeth ...

Posted on 10/10/2023

Japan to allocate $205 million to support electric aircraft systems, Nikkei reports

Japan will subsidize hydrogen fuel cell systems and other equipment to the tune of 30.6 billion yen ($205 million), the Nikkei business daily reported on Sunday.

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