Japan plans to extend official development assistance (ODA) loans to the Philippines with an additional P20.6 billion to fund two infrastructure projects, including upgrading the Metro Rail Transit (MRT) 3 railway in Manila, as it strongly supports the ... ( read original story ...)
Japan tells banks to report suspicious transfers by JVs with North Korea: sources
A government official and a manager at a major Japanese bank said the Financial Services Agency (FSA) on Monday told Japanese banks and credit associations to report such transfers by the joint ventures. Reuters was unable to identify the firms suspected ... ( read original story ...)
Finance minister rapped for comparing Diet session extension to ‘injury time’
TOKYO -- Opposition parties have accused Finance Minister and Deputy Prime Minister Taro Aso of "profaning soccer" after he compared the extension of the current Diet session to injury time and warned legislators not to invite public criticism during the ... ( read original story ...)
Japan banks to report suspicious money transfers with N. Korea
A government official and a manager at a major Japanese bank said the Financial Services Agency (FSA) on Monday told Japanese banks and credit associations to report such transfers by the joint ventures. Reuters was unable to identify the firms suspected ... ( read original story ...)
‘SWIFT is Expensive’: Major Philippine Bank Taps IBM for Japan Blockchain Remittance
The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Speaking to reporters on Thursday, RCBC first senior vice ... ( read original story ...)
Bank of Japan : eyes lowering FY 2018 inflation forecast
The Bank of Japan may lower its inflation forecast for the current fiscal year, acknowledging that price gains have undershot expectations despite an otherwise strengthening economy, sources with knowledge of the central bank's thinking said Friday. ( read original story ...)
Japan’s interbank lending rate slides under zero
TOKYO -- A benchmark interbank rate has fallen below zero for the first time since its 1995 creation as the Bank of Japan stays the course on negative interest rates. The Tokyo interbank offered rate -- a yardstick of banks' lending rates -- with the ... ( read original story ...)