VND840 billion Hanoi rail consultancy contract agreed

The contract will last 74 months. Tran Van Luc, director of the management board for railway project, said the capital loan agreement for the project, signed between Vietnamese Government and Japan Bank for International Corporation (JBIC) is worth VND611 ... ( read original story ...)

Top Banking News

Assets of Philippine banks continued to post a double-digit growth in the first nine months amid external challenges arising from the impending rate hike in the US, the negative rates in Japan as well as the economic slowdown in China. Earnings of ... ( read original story ...)

Global stocks up on U.S. bank hopes, dollar and yields slip

Bank stocks led the charge in European trading ... MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.1 percent, after rising to its highest levels since late October in the previous session. It was up 1.8 percent for ... ( read original story ...)

Bank J. Safra Sarasin expands Asia team

... the firm from Deutsche Bank Private Wealth Management, where he was director, Japan market. He has more than 20 years’ experience as a private banker, joining the firm from Deutsche Bank Private Wealth Management, where he was director, Japan market. ( read original story ...)

Japan's Finatext launches Malaysian subsidiary

The Malaysian subsidiary is Finatext's second office outside of Japan, following the one it opened in Taiwan in 2016. The company has signed a strategic partnership with Malaysian investment bank Kenanga Investment Bank Berhad and will first kick off its ... ( read original story ...)

Japan and Australia agree to strengthen defense ties

Abe said the increasingly uncertain geopolitical landscape made the relationship between Japan and Australia more important than ever. "It is important to guard and increase the robustness of the free, open and rules-based international order," Abe said. ( read original story ...)

Japan's Abe pushes Pacific trade deal in Australia

Japan and Australia will work together to ensure the Trans-Pacific Partnership free trade deal comes into force, Prime Minister Shinzo Abe said on Saturday, making no mention of strong US opposition. After talks with Australian Prime Minister Malcolm ... ( read original story ...)

Increased ties between Japan and Australia

Military ties between Australia and Japan will be strengthened as both countries' leaders recommit to ensuring regional stability and strong trade links. Japanese Prime Minister Shinzo Abe has met with Australian Prime Minister Malcolm Turnbull and during ... ( read original story ...)

Tokyo’s showy tuna auctions do not augur economic growth

KIYOSHI KIMURA does not like to lose. For the past six years he has outbid all comers for the first bluefin tuna of the year sold by Tokyo’s famed Tsukiji fish market. Last week Mr Kimura, who owns a chain of sushi shops, paid ¥74.2m ($642,000 ... ( read original story ...)

Tokyo shares rally, Takata soars on US deal report

Tokyo shares rallied Friday morning, boosted by retailers and drugmakers while embattled Takata soared on news it may announce a settlement with US regulators over an exploding airbag crisis. But gains were capped after losses on Wall Street as a post ... ( read original story ...)

Back home: Honda brings Civic sedan to Japan in branding push

TOKYO (Reuters) - Honda Motor Co is bringing the Civic sedan back home after seven years, betting buoyant overseas demand for the model would help drive sales in Japan and allow the automaker to shake off its domestic image as a maker of only ... ( read original story ...)

McDonald's to sell Japan stake

The fast food chain is selling up to a third of its stake in its Japan unit, and private equity firms are considering making bids, according to the Wall Street Journal. Fred Katayama reports. ( read original story ...)

Nikkei drops while other Asian markets largely gain

Japan’s Nikkei fell Thursday as a higher yen hurt export stocks. Asian equity markets were slightly higher Thursday, after U.S. President-elect Donald Trump largely avoided fresh attacks on global trade in his first news conference in six months. ( read original story ...)

Japanese start-ups head abroad for innovation programme

Also, “The Japan Bank Consortium to Centrally Provide Domestic and Cross-border Payments” officially launched with 42 member banks. Using Ripple, customers of the banks will get real-time domestic and cross-border payments. Participants include Bank of ... ( read original story ...)