TOKYO, June 13 Japan has no plan to set a one-size-fits-all rule restricting regional banks from holding government bonds, Taro Aso, minister in charge of financial regulation, said on Tuesday. A new regulatory framework under consideration by the ... ( read original story ...)
Japan aims to boost yen’s status with direct currency trading
TOKYO -- To encourage more businesses to use the yen and other Asian currencies, Japan's Finance Ministry announced a comprehensive plan Monday to launch direct currency trading with other regional players. The ministry will first enter talks with Thailand. ( read original story ...)
Japan’s financial watchdog to ease up on banks
TOKYO -- Japan's financial watchdog is preparing to ease its stringent ... had gathered in Tokyo in May for the annual meeting of the Institute of International Finance. "From now on, however, we need to look at the overall performance of the vehicle." ( read original story ...)
Japan Post chief plans to slow acquisitions after Toll losses: Nikkei
TOKYO Japan Post Holdings (6178.T) plans to slow the pace of future acquisitions, shifting away from its earlier aggressive investment strategy as it smarts from losses over its purchase of Australian logistics company Toll Holdings, the Nikkei business ... ( read original story ...)
MIZUHO BANK BEGINS API BANKING ON IBM CLOUD TO HELP DRIVE INNOVATION WITH PARTNERS
IBM Japan today announced the launch of API (*1) banking for Mizuho Bank, designed to enhance the customer experience by providing them tailored services and solutions. The bank will run IBM Japan’s FinTech API solution (*2), as well as IBM API Connect ... ( read original story ...)
Kuroda Says Japan Still a ‘Long Way’ From Meeting Inflation Goal
Bank of Japan Governor Haruhiko Kuroda said the country had escaped from deflation but still had more progress to make before reaching its goal for 2 percent inflation. “While the policy approach has steered Japan’s economy in the right direction ... ( read original story ...)
Exclusive: BOJ to offer brighter view on economy, but downbeat on inflation
TOKYO The Bank of Japan is set to upgrade its economic assessment as early as next week to signal its growing conviction the recovery is gathering momentum, people familiar with its thinking told Reuters, reinforcing expectations its next move would be to ... ( read original story ...)
DIARY-Top Economic Events to Aug 10
TOKYO - Bank of Japan starts its two-day monetary policy meeting (to June 16). BERN - Swiss National Bank to publish its Financial Stability Report 2017 – 0430 GMT. BRUSSELS - Eurozone Finance Ministers meet in Brussels. FRIDAY, JUNE 16 DALLAS ... ( read original story ...)
Maynilad inks P10.8-B loan deal with JICA, 3 Japan banks
Joining JICA in the loan agreement are three private Japanese banks: The Bank of Tokyo-Mitsubishi UFJ (BTMU), Mizuho Bank Ltd. (Mizuho), and Sumitomo Mitsui Banking Corporation (SMBC). The loan will be comprised of three facilities: (1) JPY facility and (2 ... ( read original story ...)
Kiwis prefer smartphone over bank branch
The Netherlands came in second at 79 per cent, while in the US and Japan, online banking was comparatively lower at 58 per cent and 57 per cent respectively. Visiting a branch was the third most preferred way to bank in Australia, Brazil, the Netherlands ... ( read original story ...)
Global Banking Systems Software Industry 2022 Market Services, Solutions, Applications, Trends – NovoDoba, Corniche, Moneyman
analyzes the developments of Banking Systems Software market and analyzes its services in United States, EU, Japan, China, India and Asia. The research report on Banking Systems Software market illuminates crucial and key characteristics guiding and ... ( read original story ...)
Bank of Japan updates on bond buying
The Bank of Japan plans to keep its bond buying activity at unchanged levels in June. The central bank is expected to accumulate ¥7.85T of notes next month based on the purchase ranges of various maturity dates. The BOJ lowered its projection for Treasury ... ( read original story ...)
Tokyo plots course to become global financial hub
TOKYO -- Tokyo Gov. Yuriko Koike is determined to make the Japanese capital a "global financial city." According to a blueprint obtained by the Nikkei, the plan is to slash taxes and dismantle regulatory hurdles, aiming to draw in 40 foreign fintech or ... ( read original story ...)
Tokyo plots to steal HK, Singapore financial crowns
TOKYO -- Tokyo Gov. Yuriko Koike is determined to make the Japanese capital a "global financial city." According to a blueprint obtained by the Nikkei, the plan is to slash taxes and dismantle regulatory hurdles, aiming to draw in 40 foreign fintech or ... ( read original story ...)
Japan to require regional banks to contain bond-holding risk
With their margins squeezed by the Bank of Japan's negative interest rate policy, regional banks have stepped up investment on assets vulnerable to interest-rate risk, such as foreign bonds. Under the rule, from the fiscal year ending in March 2019 ... ( read original story ...)
The Saudi Aramco IPO is a game-changer for the Saudi economy
surpassing Alibaba’s $25 billion IPO in 2014. Several exchanges are competing for the honor, including those in London, Hong Kong, Tokyo, and New York. The London Stock Exchange (LSE) generally requires at least 25 percent of a firm’s shares to be ... ( read original story ...)