Bank of America climbed 61 cents ... The British FTSE 100 gained 0.5 per cent. Japan's Nikkei 225 fell 0.4 per cent while South Korea's Kospi added 0.4 per cent. Hong Kong's Hang Seng index edged up 0.1 per cent. ( read original story ...)
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 ...)
Global Retail Banking Industry Analysis 2016, Trends and Forecast Report
MRRbiz supports your business intelligence needs with over 700,000 market research reports, company profiles, data books, and regional market data sheets in its repository. Our document database is updated by the hour, which means that you always have ... ( 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 ...)
After delayed start, Harrison graduate thrives on Broadway, as touring singer
After his employer collapsed amid the financial meltdown, Daughtry spent a year teaching ... Daughtry spent a year in Japan as a singer in the R&B Boys Crew at Universal Studios in Osaka. Returning to New York, he earned a spot in the national tour of ... ( read original story ...)
Roll the dice: Results, on-site report, and thoughts from Hameko on 賽 [sài], the pre-Evo Japan tournament
Jazz: Given last year’s reports of substantial financial backing, it goes without saying that ... but it was held the same month as KSB in Osaka, an annual large-scale event that takes place during Golden Week, a week-long national holiday in Japan. ( read original story ...)
AfDB and African Ambassadors host 2nd Japan-Africa Business Forum in Tokyo
They attended series of encounters organized by the Japanese ministries of Finance, Foreign Affairs ... The first Forum was held in June 2014, one year after the Fifth Tokyo International Conference on African Development (TICAD V) with the goal of ... ( 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 ...)
US judge sets $30,000 bail for UK hacker who stopped ‘WannaCry’
A US judge in Las Vegas set a $30,000 bail on Friday for a well-known British cyber security researcher accused of advertising and selling malicious code used to pilfer banking and credit card information. Marcus Hutchins, 23, gained celebrity status ... ( 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 ...)