Current rules block mergers between smaller banks outside of Japan's major cities if the newly formed bank will account for a dominant share of lending in the local community. An advisory panel ... ( read original story ...)
Ghosn’s lawyers ask his trial be separate from those of Nissan, ex-director Kelly
... Nissan Motor Chairman Carlos Ghosn said on Tuesday they asked a Tokyo court that he stand trial for alleged financial wrongdoing separately from Nissan because the company is helping prosecutors. ( read original story ...)
Nikkei jumps helped by China-related shares; Japan’s new era name lifts mood
TOKYO, April 1 (Reuters) - Japan’s Nikkei rose on the first day of the new fiscal year on Monday as hopes for U.S.-Sino trade talk hopes and factory activity surveys lifted China-related stocks, ... ( read original story ...)
Japan names a new era: in pictures
After months of anticipation, Japan on Monday unveiled the name of ... in central Tokyo show both the new era name and the Nikkei 225 stock index. (Photo by Yoichi Iwata) ( read original story ...)
As banking goes digital, Japan’s big banks slash hiring
TOKYO -- MUFG Bank, one of Japan's largest lenders, plans to take on just 530 new graduates in 2020, 45% less than this year, joining peers that are cutting back drastically on new hires in a ... ( read original story ...)
Turkey’s Next Headache: Tokyo Traders’ Lira Long Positions
Japanese margin traders’ long positions in the lira versus the yen totaled at 317,283 as of March 28, according to data from the Tokyo Financial Exchange Inc. That’s higher than the 288,563 ... ( read original story ...)
The Future of Financial Services Lies in the East—but Not Where (And Not Why) You Might Think
The TMG—in collaboration with the national government, private sector and others—is advancing initiatives to revitalize the financial sector in order to win back Tokyo’s position as the top global ... ( read original story ...)
JPX to buy Tokyo Commodity Exchange
The owner of the Tokyo and Osaka stock exchanges has agreed to buy the Tokyo Commodity Exchange as part of an effort to consolidate financial trading and boost Japan’s status as a financial centre. ... ( read original story ...)
Sleeping Financial Giants Initiative starts a dialogue between finance sector and Earth System science in Tokyo
Participants from diverse backgrounds and the financial sector gathered on 5 and 6 March in Tokyo for two related events on the dialogue between Earth System science and the financial sector. Called ... ( read original story ...)
Japan’s Next Imperial Era to Be Called ‘Reiwa,’ or ‘Auspicious Calm’
(Bloomberg) -- Japan named its next imperial era Reiwa, or roughly “auspicious calm,” as the nation prepared for a once-in-a-generation transition in the world’s oldest continuous monarchy ... ( read original story ...)
Rakuten says to book $990 million gain on Lyft investment
TOKYO (Reuters) - Japan’s Rakuten said on Monday ... Rakuten become Lyft’s largest shareholder with a 13 percent stake ahead of its IPO. Lyft shares closed 9 percent higher at $78.29 in ... ( read original story ...)
Japan unveils dawn of the ‘Reiwa’ era
Japan still uses the Imperial calendar -- often ... When the global recession of 2008 hammered the economy, the Nikkei 225 Index dropped to 7,054 yen in March 2009, more than 80% off its historic ... ( read original story ...)
Japan manufacturing PMI remains weak in March
TOKYO -- Japan’s manufacturing sector continued to contract in March although the pace of deterioration eased from February, according to a survey. The Nikkei Japan Manufacturing Purchasing ... ( read original story ...)
Nikkei jumps on trade talk optimism, China PMIs
TOKYO, April 1 (Reuters) - Japan’s Nikkei rose on the first day of the new fiscal year on Monday on U.S.-Sino trade talk hopes and as brisk Chinese manufacturing surveys lifted China-related stocks, ... ( read original story ...)
Japan’s big manufacturers’ morale worsens in the first quarter, Bank Of Japan’s tankan survey shows
Business confidence at big Japanese manufacturers worsened in March from three months ago, the Bank of Japan's closely watched "tankan" survey showed on Monday. This underscored concerns that slumping ... ( read original story ...)
Japanese Manufacturer Sentiment Sinks Most in Six Years
Sentiment dropped to 12 in March from 19 in December, according to a quarterly Tankan survey released by the Bank of Japan, an indication of dented confidence among Japan’s biggest exporters. That was ... ( read original story ...)