Let’s not get carried away by the return in economic growth

Since its 1992 banking crisis, Japan has suffered several false starts. There were recoveries in 1995-96 and again in 2000 and 2010; but they tended to be cut short by the failure to write down bad debt (the so-called zombie loans), several premature ... ( read original story ...)

Trump begins 17-day “working vacation” at N.J. golf club

Two pharmaceutical firms – U.K.-based Mallinckrodt and Japan’s Daiichi Sankyo – launched major operations ... The otherwise sleepy Bedminster has three limousine companies, a boutique bank and wealth management firm, and roughly as many caterers ... ( read original story ...)

Japanese equities lag behind in Asia with Abe risk casting cloud

While the Bank of Japan is unlikely to tighten monetary policy before Abe’s handpicked governor, Haruhiko Kuroda, departs in April, no new stimulus is projected by economists. Corporate profits slipped from record levels this year, with gains in the yen ... ( read original story ...)

Japan Hopes To Hold Economic Talks With U.S.

Japan hopes to hold economic talks with Washington in October, Finance Minister Taro Aso said on Thursday. Aso also told reporters shortly before he was formally reappointed to his post in a cabinet reshuffle that the upcoming talks could also include the ... ( read original story ...)

Will Aramco sale save the kingdom?

In the West, the record-breaking initial public offering (IPO) of Saudi Aramco is viewed as a fees-fest ... of unprecedented scale that has got stock exchanges from New York to Tokyo salivating at the prospect of the biggest prize in flotation history. ( read original story ...)

Amsterdam shines as financial groups seek EU access

MarketAxess and Tradeweb, two of the world’s largest fixed income trading venues, have been joined by MUFG, the Japanese bank, and possibly Royal Bank of Scotland’s NatWest Markets division. They may not be the last. Senior executives are going public ... ( read original story ...)

US unveils tougher new UN sanctions on North Korea

The proposed resolution would add North Korea's Foreign Trade Bank, which manages foreign exchange ... The US and its European allies, as well as Japan and South Korea, have argued that tougher sanctions are needed to force North Korea to come to the ... ( read original story ...)

US restaurants and bars drive job creation

The central bank is planning to announce a start to the unwinding of ... The US currency gained 0.6 per cent against the euro, 0.7 per cent against the Japanese yen and 0.6 per cent against the British pound. Job gains occurred across a range of service ... ( read original story ...)

Good ideas, big plans – all they need is money

Japan's Sumitomo Mitsui Bank Corp. is the lead bank providing loans, Beicker said. "We have enjoyed a positive reception from both sides of the pipe and are currently negotiating long-term producer and industrial partner contracts," Beicker added. ( read original story ...)

Global Markets Ends On A Positive Note

Barring Singapore, India and Japan, all the indices were gainers in the week gone ... The share market in china closed higher by 0.3% compared to last week. The Bank of England (BoE) left interest rates unchanged at its monetary policy meet with only ... ( read original story ...)