The Bank of Japan’s negative interest rate policy is straining bank profitability. To control for this, the BOJ announced in September that it will undertake a policy of “yield curve control” to use its power to steepen the yield curve. With all the ... ( read original story ...)
More Rate Cuts Possible from Bank of Japan (JPN)
An adviser to Japanese Prime Minister Shinzo Abe’s says his nation’s economy needs another round of monetary and fiscal stimulus. That has investors anticipating even more Keynesian backflips to spur growth in the embattled economy. Etsuro Honda, one ... ( read original story ...)
Why Japanese banks are chill about fintech
Head of the fintech centre at the Bank of Japan, Naoyuki Iwashita, said that Japanese institutions fear this happening in their country. After the law that prohibited fintech startups from owning more than 5% of a technology company was abolished ... ( read original story ...)
Bank of America profit rises on bond trading, cost cuts
That came as clients scrambled to reposition after Britain’s surprise June vote to leave the European Union and changing expectations for monetary policy in the United States, Europe and Japan. Trading drives up profit at Bank of America (Reuters ... ( read original story ...)
Why Can’t All Japanese Banks Be Like Suruga?
If only all Japanese banks could be like this one, the Bank of Japan would have less to worry about. As Japan’s largest banks languish under negative interest rates, with deteriorating profitability and wilting loan demand, a clear winner has emerged ... ( read original story ...)
BIDV signs cooperation agreement with Japanese bank
Hanoi (VNA) – The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Yachiyo Bank of Japan have inked a memorandum of understanding (MoU) on cooperation in supporting Japanese firms in Vietnam. This is the 26th Japanese ... ( read original story ...)
Japan Stock Futures Track U.S. Declines on Yen While Kiwi Climbs
New Zealand’s currency jumped and crude oil attempted a rebound. Nikkei 225 Stock Average futures slipped 0.2 percent in Osaka, with contracts on the S&P 500 Index also edging lower following an energy stock-driven pullback in the U.S. benchmark. ( read original story ...)
Infrastructure & Project Finance 2016
“Adverse economic and financial conditions worldwide continue to cause uncertainties ... the Kansai International Airport and the Osaka International Airport, as well as the toll road concession in Aichi prefecture.” “It is a widely accepted fact ... ( read original story ...)
Asia markets set to open flat; China Q3 GDP data eyed
Australia's SPI futures traded at 5,404.0, similar to the ASX 200 's last close at 5,410.75. Nikkei futures in Chicago traded at 16,980, while Osaka futures were at 16,930. The Japanese benchmark index finished the Tuesday session at 16,963.61. In the ... ( read original story ...)
Serviced Apartment Business Launched in Hanoi, Vietnam
Daiwa House Industry Co., Ltd. of Osaka and Taisei Corporation of Tokyo have embarked on rental housing business in Hanoi, Vietnam. The two companies established DT Development Vietnam LLC, a joint venture, in the Vietnamese capital on September 20 ... ( read original story ...)
Delegation from Indian State of Gujarat to meet leading companies, senior government officials in Japan, South Korea
New Delhi [India], Oct 14 (ANI-BusinessWireIndia): The Embassy of India, Tokyo; The Consulate General of India, Osaka-Kobe in association with ... Tourism, Banking and Financial Services, etc.) in addition to representatives of the Government of Gujarat ... ( read original story ...)
Takeda Showcases Continued Commitment in Hodgkin Lymphoma During 10th International Symposium on Hodgkin Lymphoma (ISHL)
CAMBRIDGE, Mass. & OSAKA, Japan--(BUSINESS WIRE)--Oct 18, 2016--Takeda Pharmaceutical Company Limited ( TSE: 4502 ) will present data on ADCETRIS ® (brentuximab vedotin) in Hodgkin lymphoma at the 10 th International Symposium on Hodgkin Lymphoma (ISHL ... ( read original story ...)
Dollar Maintains Climb on Fed Bets as Japan Futures Signal Gains
Osaka-traded Nikkei 225 Stock Average futures signaled gains of 0.3 percent amid the yen’s retreat, while shares in Wellington started the week with their first drop in three days. Ten-year New Zealand government notes tracked a decline in Treasuries as ... ( read original story ...)
Kyoraku Co., Ltd. Releases Test Data of Fuel Efficiency with Its Original "Foamed Duct"
Kyoraku Co., Ltd. (Headquarters: Osaka, Chuo-ku, President: Takamitsu Nagase, hereunder “Kyoraku”) obtained actual vehicle test data for fuel efficiency of vehicle adopting Kyoraku’s original foamed duct in the air conditioner. Although it has been ... ( read original story ...)
Japan's finance watchdog urges banks to lend more to companies with growth potential
TOKYO Banks in Japan should focus more on a company's potential rather than whether it has a solid track record when deciding whether to lend money, draft guidelines from the county's financial regulator showed. The guidelines are a part of Japan's ... ( read original story ...)
The Demise Of The Japanese Financial System
The BoJ currently conducts a mass nationalization of private companies. Entire Japanese yield curve is artificially produced. Moves that the BoJ now conducts will sooner or later lead to devaluation of yen and a sizable fall against other major currencies. ( read original story ...)