JAPAN: Nikkei corrects -0.8% overnight as USD backs off vs Yen

10:33a APAC Closing Prices: #ASX 5864.90 -0.53% #NIKKEI 18909.26 -0.81% #HSI 24111.5.. 10:13a Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom: Nikk.. 09:59a Asian Market Update: #Nikkei drops to over 7-week closing low as investors lo. ( read original story ...)

UPDATE 1-Japan Post Bank seeks approval to sell retail loans

TOKYO, March 31 Japan Post Bank Co Ltd, the country's biggest bank by assets, on Friday said it will seek regulatory permission to sell unsecured retail loans, as it hunts for higher returns in an environment of ultra-low interest rates. The bank aims to ... ( read original story ...)

BANK OF JAPAN : Main events scheduled for April 3-9

-- Japan Automobile Dealers Association to release new motor vehicle sales figures for fiscal 2016 and for March on car-model basis. -- Cabinet Office to release survey on consumer trends for March. -- Japan Automobile Importers Association to release ... ( read original story ...)

Japan govt names six investment banks for Japan Post share sale

The government sold about $12 billion worth of shares in Japan Post, Japan Post Bank Co (7182.T), and Japan Post Insurance Co (7181.T) in the IPO, which was the largest privatization of a Japanese state-owned firm since that of Nippon Telegraph and ... ( read original story ...)

BDO, Japanese bank forge deal to help SMEs

BDO Unibank has teamed up with Shinkin Central Bank (SCB), the central financial institution in Japan for the cooperative regional financial institutions known as “shinkin” banks, to assist Japanese small and medium enterprises (SMEs) seeking business ... ( read original story ...)

Why Mizuho Believes Bitcoin Still Has a Future in Banking

Japanese banking giant Mizuho Financial Group is nearing completion of a pilot project that utilizes the bitcoin blockchain for securities transfer. First announced last year as a proof-of-concept (PoC) built with bitcoin's open asset protocol ... ( read original story ...)

WORLDREMIT LAUNCHES ONLINE MONEY TRANSFERS IN JAPAN

Customers in Japan will now be able to send money to family and friends worldwide, using a mobile phone, tablet or computer – cutting out the need to travel to agent locations or bank branches during business hours. Bringing the offline remittance ... ( read original story ...)