The Dollar/Yen is trading flat after recovering from early session weakness. Volume is light and volatility could be low due to bank holidays in Japan and the United States. With U.S. and Japanese traders celebrating holidays, volume is expected to remain ... ( read original story ...)
A Japanese lesson for Wall Street
Outside Japanese financial circles, the name Katsunobu Onogi is barely known. Among the Tokyo elite, however, “Onogi” evokes considerable emotion; he was the last president of Long-Term Credit Bank (LTCB), an institution which, until it collapsed ... ( read original story ...)
PH-Japan currency swap: Protection vs future risk
Last Friday, the BSP said it signed with the Minister of Finance of Japan, through the Bank of Japan, the Restatement Agreement for the third BSA. In a joint statement, the central banks said the deal “enables the Philippines to swap its local currency ... ( read original story ...)
Japan PMI Signals Slower Growth In The Third Quarter As Services Activity Eases
Signs of rising inflation will be welcome news for the Bank of Japan, but the recent slowdown in economic growth could bolster expectations that the BOJ will maintain its current stimulus scheme for the time being. ( read original story ...)
Tokyo Olympic chief urges Yuriko Koike to focus on day job
“From my perspective what I can say is, I’d like her to devote all of her efforts to making a success of the Tokyo Olympics,” said Toshiro Muto, chief executive of the 2020 organising committee, in an interview with the Financial Times. “I’m ... ( read original story ...)
Japan and China send sweet words, for now
Yang later visited Japan. In early June, Abe delivered a lecture at the Future of Asia conference, sponsored by Nikkei Inc., and made clear Japan's readiness to cooperate with China's Silk Road initiative. In July, Abe held his fifth meeting with Xi ... ( read original story ...)
Japanese #Yen gaining ground as #Nikkei 225 futures drop ahead of the opening bell in Tokyo, boosting the standby anti-risk currency
10/05 APAC Closing Prices: #ASX 5651.766 -0.01% #NIKKEI 20628.56 +0.01% #HSI 28379... 10/05 Asia Close #ASX200 -0.01% #Nikkei +0.01% Hang Seng market holiday Shanghai m.. 10/05 RPT-Nikkei ends flat, hovers around 2-year highs as caution sets in 10/05 RPT ... ( read original story ...)
BidaskClub upgraded Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) to Hold in a report released today.
leasing and various fields of financial services. The Company's subsidiaries include The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD), Mitsubishi UFJ ... ( read original story ...)
Financial Service Council confident Asia Region Funds Passport scheme will meet deadline
given that 75 per cent of foreign currency products in Japan are in Australian dollars "People don't realise how big the Australian dollar product market is," he told The Australian Financial Review in Tokyo last week. This week's delegation, backed by FSC ... ( read original story ...)
Under 17 World Cup: Japan banking on Kubo magic against Honduras
GUWAHATI: Asian superpower Japan begin their Under-17 World Cup campaign against Honduras when they take on the Concacaf qualifiers in the second match of Group E here at Indira Gandhi Athletic Stadium on Sunday. Clear favourites, alongside France, to ... ( read original story ...)
Week Ahead: Earnings kick off, as IPO mania continues; top factors that could drive market
The IPO consists of a primary issue of 17.20 million equity shares ... going forward. Additionally, Japan would be declaring core machinery data, while US is set to declare core PPI data MoM and YoY basis. Additionally, US would also announce retail ... ( read original story ...)
Finnair mulling more Japan routes as tourism climbs
The Finnish carrier has narrowed its choices of new Japanese destinations to two or three, CEO Pekka Vauramo told The Nikkei on a recent visit to Japan. Finnair already offers routes from Helsinki to Narita Airport near Tokyo, as well as Nagoya's Chubu ... ( read original story ...)
Japan’s Dentsu gets token $4,400 fine for excessive overtime
Yoshimasa Obayashi, a Tokyo-based attorney who handles karoshi, told the Nikkei Asian Review that his case load has not declined "at all." In the past year, he said he dealt with cases ranging from a medical doctor to a driver. On Wednesday, Japanese ... ( read original story ...)
BSP, Bank of Japan renew bilateral swap arrangement
MANILA, Philippines — The central banks of the Philippines and Japan renewed a deal for easier peso to yen – vice versa – transactions to further strengthen economic and trade ties between Manila and Tokyo. The Bangko Sentral ng Pilipinas (BSP ... ( read original story ...)
Japanese Grand Prix: Sebastian Vettel banking on sunshine to lift qualifying gloom
Sebastian Vettel is pinning his hopes on sunshine in Sunday's Japanese Grand Prix to brighten his championship chances, after a lack of speed in qualifying further clouded his title prospects. The German, who trails championship-leading Mercedes rival ... ( read original story ...)
Mercedes’ Bottas set for gearbox penalty in Japan
SUZUKA, Japan, Oct 6 - Valtteri Bottas is set to drop five places on the grid for Sunday’s Japanese Grand Prix as the result of an unscheduled gearbox change on his Mercedes. Rules say a driver has to use one gearbox for six straight races. He can take ... ( read original story ...)