Takeda Pharmaceutical Co. is considering selling its symbolic Osaka headquarters building to help finance the 46 billion pound ($60 billion) deal to acquire Irish drugmaker Shire Plc., sources close t... ( read original story ...)
Blaupunkt launches new infotainment systems for cars: Here’s what all it offers
Blaupunkt launches Osaka 760 and Monte Carlo 760 in India. First car infotainment system from Blaupunkt to support Apple Car Play and Android Auto respectively. German giant, Blaupunkt has launched tw... ( read original story ...)
Are lead managers liable for material misstatements in IPO disclosure documents?
At trial, the Tokyo District Court ruled that the lead manager was liable for damages incurred by the plaintiffs that had acquired shares through the IPO (the IPO plaintiffs). However, in a 23 March 2... ( read original story ...)
Japan’s banks turn to new ATM strategies
convenience store ATMs "are becoming an alternative to bank ATMs," a Seven Bank executive said. The importance of ATM networks in Japan is largely due to consumers' strong preference for using cash. Y... ( read original story ...)
Japanese banks MUFG and Mizuho to suspend Iranian transactions
Sumitomo Mitsui Banking Corp, another Japanese bank, said that it will carefully consider its response in compliance with the law and based on US sanctions. The move by MUFG is likely to force a halt ... ( read original story ...)
Japan’s MUFG is a case study in how one Tokyo lender has once again become a major player in emerging Asia
MUFG was inaugurated in 2005, following the merger of the Mitsubishi Tokyo Financial Group and UFJ Holdings. MUFG, with over 150,000 employees, has a global network with over 1,800 locations in 50 cou... ( read original story ...)
Japanese banks MUFG and Mizuho to stop Iranian transactions
Japan’s biggest bank, Mitsubishi UFJ Financial Group, will halt all Iran transactions to comply with the reimposition of US sanctions against Tehran later this year, according to a document seen by Re... ( read original story ...)
Japanese Banks to Stop Iranian Transactions
Japan’s biggest bank, Mitsubishi UFJ Financial Group Inc (MUFG), will halt all Iran transactions to comply with the reimposition of US sanctions against Tehran later this year, according to a document ... ( read original story ...)
Tokyo bank booked for excess lending and obscure fees
TOKYO -- Japanese authorities on Friday ordered Higashi-Nippon Bank to improve its internal controls after dozens of its Tokyo-area branches lent customers more than they needed and charged unclear fe... ( read original story ...)
Bank of Japan may project inflation missing its target for 3 more years: Sources
The view may emerge from the BOJ's July 30-31 policy meeting, which includes a quarterly review of its long-term projections. The Bank of Japan this month might concede that inflation could fall short ... ( read original story ...)
The Japanese yen isn’t behaving like a safe-haven currency, and Deutsche Bank thinks it knows why
For a currency regarded as being a safe-haven asset, the Japanese yen hasn’t been behaving like one of late. While divergent monetary policy settings between the US and Japan has contributed to the ye... ( read original story ...)
Top FX diplomat to be reappointed as Japan navigates global trade hazards
Asakawa became vice finance minister for international affairs at the finance ministry, or Japan's top financial diplomat, in 2015. His reappointment would make him the longest-serving top financial d... ( read original story ...)
Nikkei rises to 2-1/2-week high; Fast Retailing jumps
TOKYO, July 13 (Reuters) - Japan’s Nikkei surged to 2-1/2-week highs on Friday, helped by a weaker yen and gains from index-heavy stock Fast Retailing after it jumped on the back of strong third-quart... ( read original story ...)
Japan’s financial watchdog to discipline Concordia regional bank unit: source
TOKYO (Reuters) - Japan’s Financial Services Agency is set to issue business improvement orders against a subsidiary unit of Concordia Financial Group Ltd (7186.T) over illicit commissions and other b... ( read original story ...)
Japan’s MUFG Bank to halt Iran-related trade later this year
TOKYO: Japan’s biggest bank, Mitsubishi UFJ Financial Group Inc (MUFG), will halt all Iran-related transactions to comply with the reimposition of US sanctions against Tehran later this year, accordin... ( read original story ...)
Japan’s top FX diplomat, Asakawa, to be reappointed: paper
He has also criticized Japan for running large trade surpluses with the United States. Asakawa is close to Finance Minister Taro Aso, having served as his executive secretary when Aso was prime minist... ( read original story ...)