FRANKFURT - ECB Governing Council meeting. No interest rate announcements scheduled. TOKYO - Bank of Japan monetary policy meeting (to September 21). THURSDAY, SEPTEMBER 21 FRANKFURT - ECB Board member Peter Praet chairing the policy panel at the ECB ... ( read original story ...)
Shizuoka Bank Ltd (8355) Moves Up 3.22% on Sep 19
When the Global Financial Crisis of 2008 broke out; the Japanese equity market is one of those that had taken a great hit. In October 2008, the Nikkei 225 had sunk below the 7,000 mark, down by about 80% from its all-time high. Shizuoka Bank Ltd is a stock ... ( read original story ...)
Japanese bank executive alarmed by N Korea’s missile launch
North Korea’s recent missile launch over Japan did not elicit much reaction from the markets, though executives did express concern. The chairman of Japan’s largest bank warned that North Korea’s missile launch on Friday must be a cause for worry. ( read original story ...)
As Japanese banks shed ATMs, convenience stores take up the slack
TOKYO -- With convenience stores almost everywhere in Japan -- many with automated teller machines -- there is less reason than ever for customers to seek out bank-operated ATMs. In a country where many people still prefer to use cash, Japanese banks for ... ( read original story ...)
Global Economy Week Ahead: Fed and Bank of Japan Meetings, Eurozone PMI
Central banks will be in the spotlight this week, with the Federal Reserve and Bank of Japan releasing policy statements. The U.S. also will see existing-home sales data and jobless claims figures that could reflect hurricane damage. WEDNESDAY: The ... ( read original story ...)
Japan exports seen rising anew in August
TOKYO: Japan’s exports were expected to rise for a ninth straight month in August, a Reuters poll showed on Friday, underscoring the important role of foreign demand in driving economic recovery. Analysts also expect the Bank of Japan to keep policy ... ( read original story ...)
MUFG CEO on Dimon Remarks: Bank Cryptocurrencies Have ‘Nothing to Do With Bitcoin’
The chief executive of Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) is seeking to differentiate a blockchain project his bank is involved with from bitcoin following notable comments last week from JPMorgan's Jamie Dimon. "In short the ... ( read original story ...)
Asian shares mixed as Nikkei rises on yen, muted elsewhere
KEEPING SCORE: Japan's benchmark Nikkei 225 added 1.5 percent to 20,197.56 in early trading, coming off a national holiday Monday. Australia's S&P/ASX 200 edged up nearly 0.1 percent to 5,724.70. South Korea's Kospi lost 0.2 percent to 2,413.48. ( read original story ...)
Nikkei rises to 2-1/2 month high on weak yen, snap election hope
TOKYO, Sept 19 (Reuters) - Japan’s Nikkei share average rose to 2-1/2 month highs on Tuesday as investor confidence was boosted by a weakening yen and strong U.S. shares, lifting cyclical stocks such as exporters and financial companies. The Nikkei ... ( read original story ...)
Japan’s Undervalued Companies Offer Opportunities
Despite the recent uptick in domestic economic activity in Japan, we doubt that domestically driven growth opportunities are sustainable. Given our view that structural reform in Japan will be slow, we still prefer companies with global expansion ... ( read original story ...)
Ex-BOJ economist says central bank may allow rates to rise in 2018
TOKYO (Reuters) - A well-connected former central bank executive said on Friday the Bank of Japan may allow long-term interest rates to rise more next year if continued strength in the economy pushes inflation to around 1 percent. Hideo Hayakawa ... ( read original story ...)
Asia’s Booming Pod Hotel Market Projected To Reach $226M — Why Are Travelers Downsizing?
Hong Kong Regulator's IPO Setback Doesn't Mean It's Backing Down World's Central ... Cities with the most capsule hotels on Booking.com are Tokyo, Singapore, Taipei, Osaka and Xi’an,” says Oliver Hua, Managing Director of Booking.com in Asia Pacific. ( read original story ...)
Tokai Tokyo Financial teams with Vietnamese brokerage
TOKYO -- Japan's Tokai Tokyo Financial Holdings is forming an operational tie-up with Vietnam's Bao Viet Securities as part of its broader push to expand business in Asia. The partners look to cooperate in the investment banking sector as well as jointly ... ( read original story ...)
Japan still working out the kinks in emergency management
TOKYO -- Friday's launch of a missile over Japan, the second in recent weeks by North Korea, shows how the nation's emergency response systems still need work, with network malfunctions and government confusion compounded by a key absence at the top. ( read original story ...)
Japan pushes for ‘TPP 11’ progress with Tokyo meeting
The Tokyo meeting, announced Friday by Japan's government, likely will focus on debating which items should make that list. "We hope the meeting will serve as a big step toward achieving good results at the Asia-Pacific Economic Cooperation summit in ... ( read original story ...)
Strong demand Japan Post’s $12 billion share sale: Sources
Shares of Japan Post are currently trading barely above their 2015 IPO price of 1,400 yen. The price for the new offering will be set from Sept. 25 to Sept. 27, at a discount of around 2-4 per cent compared with share prices during that period. ( read original story ...)