ULAANBAATAR Japan has committed $850 million in loans to Mongolia as part of a bailout to help rescue the country's struggling economy, Mongolia's finance ministry said on Wednesday. Mongolia, landlocked between China and Russia, agreed to a $5.5 billion ... ( read original story ...)
Bank of Japan's Sato says labour reform must accompany monetary easing
TOKYO Bank of Japan board member Takehiro Sato said labour market reform and other measures to boost Japan's growth potential must accompany monetary easing to raise the country's low long-term inflation expectations. Prolonged economic stagnation has ... ( 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 ...)
Saudi Aramco IPO Under Pressure, As 9/11 Lawsuits And Oil Prices Hit
Saudi Aramco’s IPO future looks a bit more bleak than was expected ... decide not to list it on NYSE but choose major listings in London (LSE), Hong Kong or Tokyo. Such a decision could be another major slap in the face to Trump, as part of his ongoing ... ( read original story ...)
Nikkei edges down in choppy trade as ex-dividend adjustment weighs
TOKYO, March 29 Japan's Nikkei share average edged down in choppy trade on Wednesday morning as ex-dividend share price adjustments pressured the market and offset positive sentiment from gains in Wall Street overnight. The Nikkei dropped 0.2 percent to ... ( read original story ...)
BRIEF-Aucnet announces IPO on Tokyo Stock Exchange on March 29
* Says its stock will begin trading on the Tokyo Stock Exchange on March 29, 2017, under the symbol "3964" * In its initial public offering, the company will offer a total of 4,820,000 common shares, comprised of newly issued 2,200,000 shares and privately ... ( read original story ...)
Government to help finance building of hotels amid tourism boom
only provides financial support for the construction of facilities such as schools, libraries, hospitals and nursing homes, and only in areas outside Tokyo, Osaka and Nagoya. The government will revise the rules to enable it to finance — from next month ... ( read original story ...)
Japan loans Manila military planes for South China Sea
Japan will lease a total of five surplus Beechcraft TC-90 planes to the Philippines, according to Manila's defence secretary Delfin Lorenzana. Philippine military chief General Eduardo Ano said the new planes would be deployed over Benham Rise and the ... ( read original story ...)
BRIEF-Sushiro Global Holdings announces IPO on Tokyo Stock Exchange on March 30
March 22 Sushiro Global Holdings Ltd: * Says its stock will begin trading on the Tokyo Stock Exchange on March 30, 2017, under the symbol "3563" Source text in Japanese: goo.gl/WHsZef Further company coverage: (Beijing Headline News) ( read original story ...)
Nikkei rebounds as strong yen trend pauses; buying before stocks go ex-dividend
TOKYO, March 28 Japan's Nikkei share average rebounded from more than a six-week low on Tuesday morning due to a pause in the yen's strong trend, with most sectors rose to positive territory. With the end of the business year-end looming on March 31 for a ... ( read original story ...)
BRIEF-Renewable Japan Energy Infrastructure Fund announces IPO on Tokyo Stock Exchange on March 29
March 27 Renewable Japan Energy Infrastructure Fund Inc : * Says its stock will begin trading on the Tokyo Stock Exchange on March 29, 2017, under the symbol "9283" * The company will offer a total of 39,140 shares * Says the nominal offering price as of ... ( read original story ...)
Sushi chain IPO will test investor appetite for risk
The good news for Sushiro is that there are signs of pent-up retail appetite for new issues — Japanese IPO numbers are up about 15 per cent since the start of 2017 compared with the same period last year, and analysts see that growth continuing. ( read original story ...)
Japan finance minister: No comment on reports Westinghouse to file Chapter 11
TOKYO Japanese Finance Minister Taro Aso said on Tuesday he did not want to comment on media reports that Toshiba Corp's (6502.T) U.S nuclear unit, Westinghouse, will file for Chapter 11 bankruptcy protection. Toshiba wants Westinghouse to file for ... ( read original story ...)
This cafe in Tokyo won’t hire women who wear makeup
We totally dig the makeup-free movement, but after hearing about a Tokyo cafe that won’t hire women who wear makeup, we’re a little mystified. After all, while it’s lovely to be natural and work with what you’re given, makeup is also a lot of fun. ( read original story ...)