Tag: finance

TOKYO, April 6 (Reuters) - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the centre of a $530 million digital money heist, for 3.6 billion yen ($33.6 million), the latest move by a mainstream finance firm into the ... ( read original story ...)

Tokyo stocks drifted lower on Monday in thin holiday trade ... Volumes in Asian trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. The outlook for equities will be determined by US ... ( read original story ...)

Lenders worldwide are shifting to open banking models, urged on by regulators including the FSA that want them to adapt as technological innovation shakes up the industry. Japan’s banks need to make sure they “have the area covered” before startups ... ( read original story ...)

Its IPO plan comes after the company is continuing to solidify ... to joint operations with major overseas partners such as Repsol of Spain and JX Energy of Japan. According to commodities researcher ICIS, the global Group III base oil market is expected ... ( read original story ...)

Japan’s central bank has revealed some noteworthy opinions in a newly-published general Q&A on cryptocurrencies like bitcoin. On March 30, the head of the Bank of Japan’s Financial Services Information Division Masashi Kuramoto published a summary Q&A ... ( read original story ...)

After the theft, Japan's financial watchdog punished several of the country's 32 exchanges, including Coincheck, over lax customer protection and anti-money laundering standards. The exchange is also facing lawsuits over the theft. The Nikkei said CEO ... ( read original story ...)

The Bank of Japan (BOJ) is currently discussing how to exit its massive stimulus program, but it's too early to reveal any of the details. That was the statement made by Governor Haruhiko Kuroda to Japanese lawmakers in parliament Tuesday. "Internally we ... ( read original story ...)

Japanese online broker Monex Group Inc (8698.T) said on Tuesday it is considering buying Coincheck Inc, the local cryptocurrency exchange hit by a high-profile $530 million theft earlier this year. The company did not provide any details but the Nikkei ... ( read original story ...)

TOKYO (Reuters) - Corporate Japan expects to see only minimal inflation in a year and barely any change in the next three to five years, a central bank survey showed on Tuesday, highlighting yet again the difficulty the Bank of Japan faces in reaching its ... ( read original story ...)

Japan Bank for International Cooperation (JBIC), the export credit agency of the Japanese government, is focused on the development of the country's economic performance through the promotion of exports, imports and economic activities overseas, and ... ( read original story ...)

Foreign investors have broken a 17-year record for weekly net sales of Japanese stocks via equity futures as the Bank of Japan tests new limits of its programme to support the market through purchases of exchange traded funds. Although Japan’s Nikkei 225 ... ( read original story ...)

The new chief of a main lobby group for Japan’s banking sector has urged Japanese banks to exhaust all means – from mergers to informal tie-ups – to address the issue of declining profitability. According to Koji Fujiwara, chairman of the Japanese ... ( read original story ...)

OSAKA – Over a half dozen local governments have officially expressed concern with the way Prime Minister Shinzo Abe’s government has handled revelations that the Finance Ministry deleted information on official documents related to the Moritomo Gakuen ... ( read original story ...)

TOKYO -- The mood among Japanese manufacturers deteriorated for the first time ... based on predictions from research institutes compiled by Nikkei group company QUICK. Steelmakers and nonferrous metal refiners are facing tougher conditions due to higher ... ( read original story ...)

Tokyo stocks led Asian markets higher on Monday ... Volumes in Asia trade were light however, with financial markets in Australia, New Zealand and Hong Kong all closed for public holidays. In China, Shanghai stocks opened flat as the yuan strengthened ... ( read original story ...)

Tokyo stocks opened nearly flat on Monday as fresh data indicated Japan's corporate sentiment weakened, although the business climate in general is seen remaining solid. The benchmark Nikkei 225 index slipped 0.07 percent or 14.29 points to 21,440.01 ... ( read original story ...)