Tag: finance

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has agreed to provide a number of financial services for corporate customers operating in Vietnam of several Japanese banks. The bank struck a trilateral cooperation agreement on ... ( read original story ...)

Tokyo stocks opened lower on Monday following declines on Wall Street, while investors took profits following a recent rally and a stronger yen weighed on demand. The dollar declined against the yen on tensions between the United States and China over an ... ( read original story ...)

TOKYO (Reuters) - Japan's government plans an initial budget of a record 97.45 trillion yen (665.70 billion pounds)for fiscal 2017, while keeping new debt issuance just below this year's level, a draft of the budget seen by Reuters showed. The planned ... ( read original story ...)

The dollar will remain strong. One key question is whether the Dow Jones will hit the 20,000 mark," said Koichi Yoshikawa, executive director of financial markets at Standard Chartered Bank in Tokyo. Expectations that U.S. President-elect Donald Trump will ... ( read original story ...)

TOKYO (Reuters) - Japan's export performance improved strongly in November as rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector, handily beating economists' expectations. Ministry of Finance (MOF ... ( read original story ...)

The finance ministry said Japan had a surplus of 152.5 billion yen ($1.29 billion) in November, reversing a year-earlier deficit but smaller than the 227.4 billion yen forecast in a Bloomberg News survey. "Net exports were the main driver of GDP growth ... ( read original story ...)

TOKYO (Reuters) - Japan's export performance improved strongly in November as rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector, handily beating economists' expectations. Ministry of Finance (MOF ... ( read original story ...)

TOKYO (Reuters) - Japan's exports in November fell at a slower pace as a rapid decline in the yen and a recovery in overseas demand boosted shipments from the trade sector. Ministry of Finance (MOF) data showed on Monday that exports fell 0.4 percent in ... ( read original story ...)

TOKYO Japanese refiner Idemitsu Kosan Co (5019.T) will acquire one-third of Showa Shell (5002.T) by the end of the year, and the anti-monopoly watchdog is expected to approve their merger proposal as early as next week, the Nikkei business daily said on ... ( read original story ...)

TOKYO (AP) -- Russia and Japan agreed Friday to hold talks on joint economic development of four islands at the center of a decades-old territorial dispute between the countries. It was a small step forward that fell far short of breaking the stalemate in ... ( read original story ...)

Japan’s Nikkei stock average reached its highest intraday level since last December on Friday. Asian shares steadied on Friday, tracking U.S. gains, with financials leading Japan’s stock market to a fresh high for the year. Japan’s Nikkei Stock ... ( read original story ...)

DUBAI Dec 13 Bank of Tokyo-Mitsubishi UFJ has received a licence to open a branch in Saudi Arabia, becoming the first Japanese bank to establish a presence in the kingdom. The bank, part of Mitsubishi UFJ Financial Group, has played a central role in the ... ( read original story ...)

Japan may emerge from its lost decades next year, according to Bank of America Corp. The world’s third-largest economy has a tight job market, easy fiscal policy, and a new monetary program to control domestic borrowing costs and stoke inflation, which ... ( read original story ...)

TOKYO The Bank of Japan is expected to hold its negative interest rates and 10-year government bond yield target steady next week as a weaker yen and positive overseas conditions augur well for Japan's economic prospects, a Reuters poll showed on Friday. ( read original story ...)

If the BOJ lifts the yield target, it will be seen as tightening, said Izuru Kato, chief economist at Totan Research. "It would be hard to explain why you're doing this before inflation hits 2 per cent." Eugene Hoshiko Interest rate hikes are back on the ... ( read original story ...)

Donald Trump's election night victory has sent shockwaves through bond markets around the world. Selling in the US, brought on by the presumption that Trump's protectionist trade policies and plans for massive infrastructure spending will bring back ... ( read original story ...)