Nomura Holdings Inc, Japan's biggest brokerage and investment bank, said on Wednesday its first-quarter net profit more than doubled on the year as it continues to slash costs in its wholesale ... ( read original story ...)
Fitch lowers credit outlook on Japan to negative on COVID-19 impact
"The coronavirus pandemic has caused a sharp economic contraction in Japan, despite the country's early success in containing the virus," Fitch said. The global rating agency affirmed Japan's rating ... ( read original story ...)
Bank of Japan speeds up work toward issuing digital currency
The Bank of Japan will begin substantive testing of digital currency it might one day issue as fears rise in the government and ruling Liberal Democratic Party that China could debut one first, posing ... ( read original story ...)
Japan’s Long-Term Rating Outlook Cut to Negative by Fitch
Fitch Ratings cut the outlook on Japan’s sovereign debt rating to negative from stable while keeping the rating unchanged, following a similar move last month by S&P Global Ratings.“The coronavirus ... ( read original story ...)
BOJ Amamiya Says Japan’s Economy Recovering From Pandemic Damage
"We need to mindful of the chance corporate spending plans may be slashed if uncertainty over the pandemic continues. But for now, companies' spending plans remain firm when compared with sharp falls ... ( read original story ...)
Takeda Pharmaceutical to cut sales jobs in Japan, sources say
Takeda Pharmaceutical Co is looking to cut sales jobs in Japan in its latest restructuring effort, as it overhauls domestic business following its $59 billion purchase of Shire Plc, sources familiar ... ( read original story ...)
Japan to Forecast Real GDP Will Shrink Around 4.5% in FY2020: Nikkei
For the next fiscal year from April 2021, the government will forecast real GDP growth of around 3.5% as efforts to manage the spread of the coronavirus and economic activity will be balanced, ... ( read original story ...)
Nikkei dips as yen firms, earnings disappoint
Japanese shares extended losses on Wednesday as a stronger yen and dismal earnings reports hurt sentiment, while Canon Inc slid to a near 21-year low on its first quarterly loss. ( read original story ...)
Fitch Revises Down Japan’s Long-Term Outlook to Negative
Fitch Ratings revised down the outlook on Japan’s sovereign rating to negative from stable while keeping the rating unchanged, following a similar move last month by S&P Global Ratings.“The ... ( read original story ...)
After India and US, Japan looks to ban TikTok and other Chinese apps
A group of Japanese lawmakers is seeking to restrict the use of TikTok and other apps developed by Chinese firms, following the footstep of India, which has already blocked dozens of Chinese apps, and ... ( read original story ...)
Wilmer Gibson Opens New Office in Tokyo, Japan
Tokyo, Japan, July 28, 2020 (GLOBE NEWSWIRE) -- Wilmer Gibson, a leading financial services firm providing world-class wealth management services, has announced the opening of a new office in ... ( read original story ...)
Trend Micro Announces Pwn2Own Tokyo 2020 Hacking Competition
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today announced details of the much-anticipated fall edition of its popular Pwn2Own competition, which this ... ( read original story ...)
Tokyo, Sydney move to woo HK financial firms, but S’pore is top draw
HONG KONG • Japan, Australia and some other nations are readying incentives to attract banks and asset managers in Hong Kong that are worried about the new security law imposed by China, but finance ... ( read original story ...)
RPT-Tokyo, Sydney aim to lure edgy HK financial firms, but Singapore a top draw
High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions to relocate even ... ( read original story ...)
Japan closely watching forex market – MOF official
A senior official from Japan's Ministry of Finance said on Wednesday that foreign-exchange stability was important and he was watching the currency market with a sense of urgency. ( read original story ...)
Japan treads a careful path in its dealings with China
Japan has spent the past 20 years trying to persuade the rest of the world to take a more critical stance on China. But having achieved that goal — with an increasingly hostile response from the ... ( read original story ...)