The head of Japan’s banking lobby took the rare step of apologising for a series of system failures at Mizuho Financial Group Inc on Thursday, highlighting how the lender’s inability to fix chronic IT ... ( read original story ...)
Japan banking lobby head apologises over Mizuho’s system failures
"As the representative of the industry, I would like to apologise to customers over the repeated system glitches at Mizuho Bank," Kanetsugu Mike, chairman of the Japanese Bankers' ... ( read original story ...)
Tokyo Olympics creative chief resigns over ‘Olympig’ comments
Tokyo Olympics creative chief, Hiroshi Sasaki, has resigned after making derogatory comments about a female comedian. Sasaki suggested plus-size entertainer Naomi Watanabe could wear pig ears at the ... ( read original story ...)
UPDATE 2-Japan exports fall as China, U.S. demand weakens
Feb exports fall faster than expected * Imports up for 1st time in 22 mths * Trade surplus 217.4 bln yen vs expected 420 bln yen (Adds analyst quote) By TOKYO, March 17 (Reuters) - Japanese exports ... ( read original story ...)
Crypto Fever Has Oldest Indian Exchange Seeking to Double Volume
India’s oldest exchange for trading cryptocurrencies aims to double monthly transactions after an explosion in demand, despite concerns of looming curbs from the nation’s authorities. ( read original story ...)
Asian markets up as US Fed indicates no rate hike
Asian stocks markets climbed higher on Thursday led by Japan's Nikkei index after the U.S. Federal Reserve said it would maintain its monetary easing policy. Nikkei Stock Average at one point jumped ... ( read original story ...)
SoftBank-Backed Ola Says IPO on Horizon in 1 to 2 Years
The ride-hailing service provider is backed by Japanese conglomerate SoftBank Group Corp. If all goes according to plan, his Ola Electric Mobility Pvt hopes to make 10 million electric scooters ... ( read original story ...)
CBDCs: Bank of Japan Confirms Plans for “Preparing Thoroughly” to Potentially Launch a Central Bank Digital Currency
CBDCs: Bank of Japan confirms plans for "preparing thoroughly" to potentially launch a Central Bank Digital Currency. ( read original story ...)
Chinese Social Network Soul Files For US IPO
Social media app Soul has filed confidentially for an initial public offering (IPO) in the U.S., which could take place as soon as this year. ( read original story ...)
Japanese Market Sharply Higher
The Japanese stock market is sharply higher on Thursday, after closing slightly lower in the previous session following six straight sessions of gains, with the Nikkei 225 soaring almost 500 points to ... ( read original story ...)
BOJ to widen band around long-term rate target on Friday: Nikkei
The Bank of Japan is expected to slightly widen an implicit band at which it allows long-term interest rates to move around its 0% target, the Nikkei newspaper reported on Thursday. The move will be ... ( read original story ...)
Japanese shares jump on Fed’s growth view, rate pledge
Japanese shares jumped on Thursday, tracking Wall Street's record highs, after the U.S. Federal Reserve projected a rapid jump in economic growth and pledged to keep interest rates low. TOKYO, March ... ( read original story ...)
BoJ To Widen Target Yield Band To Plus/Minus 0.25% – Nikkei BoJ To Abolish 6T Yen ETF Purchase Target – Nikkei
Japanese Prime Minister Yoshihide Suga is set to make a formal announcement Thursday that the state of emergency in the Tokyo region will end March 21, even after cases in the ... ( read original story ...)
Japan to lift Tokyo area state of emergency as planned on Sunday
The Japanese government's advisory panel on coronavirus countermeasures approved on Thursday a plan to let the state of emergency expire in the Tokyo area as scheduled on March 21, Economy Minister ... ( read original story ...)
Japan raises tariffs on US beef after hitting import limit
Imported American beef in Japan has proved so popular it's topped the annual limits called “safeguards,” and the U.S. Meat Export Federation on Thursday urged Tokyo to raise the threshold. Japan's ... ( read original story ...)
Tokyo’s Nikkei share average opens up 0.78 pct
Japan's benchmark Nikkei average opened up 0.78 percent at 30,148.48 on Thursday, while the broader Topix gained 0.58 percent at 1,995.48. T Reuters, the news and media division of Thomson Reuters, is ... ( read original story ...)