TOKYO (Reuters) - Japanese Finance Minister Taro Aso is likely to skip the Group of 20 finance leaders' gathering to be held in Buenos Aires next week, government and ruling party officials said on Tuesday, as a cronyism scandal that has paralyzed ... ( read original story ...)
Japan’s embattled finance minister mulls skipping G20 meeting: media
TOKYO (Reuters) - Japan’s finance minister is considering skipping a Group of 20 finance leaders’ gathering in Buenos Aires next week, Japanese media reported, as a suspected cover-up of a cronyism scandal paralyzes parliament and puts his job on the line. ( read original story ...)
Japan’s embattled finance minister mulling skipping G20 gathering: media
TOKYO (Reuters) - Japan’s finance minister is considering skipping a Group of 20 finance leaders’ gathering in Buenos Aires next week, Kyodo news agency reported, as a suspected cover-up of a cronyism scandal paralyses parliament and puts his job on ... ( read original story ...)
Deutsche Bank Asset-Management IPO Pricing Values Unit at Up to $8.9 Billion
Japan’s Nippon Life Insurance Co. Deutsche Bank said it would sell 20% of the unit, DWS Group, in an offering range of €30 to €36 a share. The first day of trading will be March 23 on the Frankfurt Stock Exchange, the German lender said in a statement. ( read original story ...)
Japan PM, finance minister under fire over suspected cover-up of cronyism
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe and his close ally, Finance Minister Taro Aso, faced growing pressure on Monday over a suspected cover-up of a cronyism scandal that has dogged the premier for more than a year. Copies of documents seen ... ( read original story ...)
Japan Bank Consortium looks to Ripple app mobile payments
The cryptocurrency has been attracting considerable financial sector attention and is set to explode. The Ripple app is taking the spotlight in front of the massive Japan Bank Consortium. The cryptocurrency has been drawing considerable global financial ... ( read original story ...)
Open Banking Provides Perfect Environment for FinTech Integration in Japan
With a rapidly changing, quality business environment, the Government of Japan has launched a series of events across Europe to inform and promote active discussions around the future opportunities in Japan's lucrative and intelligent market. On February ... ( read original story ...)
Long-only Japanese investors scoop up Japan shares
TOKYO (Reuters) - Japanese retail investors bought about 1 trillion yen ($9.37 billion) of domestic stocks over the past six weeks as they saw bargain hunting opportunities after the recent sharp slide, helping to put a rough floor under the market. ( read original story ...)
Dollar slips vs. yen on concerns over suspected Japan cronyism scandal
Japan's Nikkei share average .N225 was last up 1.4 percent ... senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore. Such concerns appeared to be limiting gains in Tokyo shares, although it seemed a bit premature to factor ... ( read original story ...)
Deutsche Bank unit IPO valued at as much as $8.9B
Deutsche Bank AG on Sunday said the share pricing for the coming partial float of its asset-management unit values the business at EUR6 billion to EUR7.2 billion ($7.4 billion to $8.9 billion), and announced a "cornerstone" investor in the offering, Japan ... ( read original story ...)
Deutsche Bank in deal with Nippon Life to anchor DWS float
The bank is set to receive gross proceeds between €1.2bn-€ ... The alliance between DWS and Nippon Life is consistent with the Japanese insurer’s plans to grow outside its home market, where returns on investments have dwindled under hyper-aggressive ... ( read original story ...)
Is Japan Headed For Even More Economic Stimulus? (DXJ)
From WisdomTree: The Bank of Japan (BOJ) will hold its first policy board meeting with the newly appointed board members on April 26 and 27. In our view, there is a growing probability of the “dovish” faction gaining momentum, with at least two (and ... ( read original story ...)
Japan PM, finance minister face mounting pressure over suspected cronyism scandal
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe and his ally, Finance Minister Taro Aso, face mounting pressure over a suspected cronyism scandal as the finance ministry prepares to report on Monday that documents in the case were doctored. Abe, now ... ( read original story ...)
Bank of Japan keeps policy steady, maintains interest rate target at minus 0.1%
In a widely expected move, the BOJ maintained its short-term interest rate target at minus 0.1 percent and a pledge to guide 10-year government bond yields around zero percent. Published 9:56 PM ET Thu, 8 March 2018 Reuters The Bank of Japan (BOJ) kept ... ( read original story ...)
Finance Ministry to admit Moritomo documents were secretly altered
The Finance Ministry has decided to admit that documents related to the shady 2016 land deal struck with Osaka-based school operator Moritomo Gakuen were secretly revised and that key parts were dropped from the version released to lawmakers last year ... ( read original story ...)
Finance Ministry to admit cover-up in Moritomo land scandal
The Finance Ministry has decided to admit that documents related to the shady 2016 land deal struck with Osaka-based school operator Moritomo Gakuen were secretly revised and that key parts were dropped from the version released to lawmakers last year ... ( read original story ...)