HONG KONG (Reuters Breakingviews) - Mizuho’s harsh medicine gives investors a taste of Japanese banking ills. The country’s second-biggest lender by assets took a $6 billion hit and slashed its annual ... ( read original story ...)
Japanese Banks Unite to Launch DLT Finance Platform Services
Five Japanese banks are set to launch the first services of their blockchain-based financial infrastructure platform Bank of Iwate, Bank of Yokohama, Aomori Bank, Akita Bank and Yamanashi Chuo ... ( read original story ...)
One of Japan’s biggest banks is launching a digital “coin” to replace cash—without using crypto
That conflicts with numerous reports going back as far as 2017 suggesting that the bank was researching or planning a digital currency pegged to the Japanese yen (paywall). Perhaps some confusion ... ( read original story ...)
Mizuho to book $6bn charge on pivot from physical banking
Japan's third-largest banking group on Wednesday said it will book a special charge of 680 billion yen ($6.1 billion) to write down the value of retail assets, such as physical branches ... ( read original story ...)
Levi Strauss files for New York IPO after 35-year absence from public markets
The final size of the IPO could be different. The San Francisco ... Levi Strauss K.K, is publicly traded in Tokyo. In its latest report, the U.S. apparel company said sales rose nearly 9 per cent to U... ( read original story ...)
Japan’s Nikkei hits 1-week low as chipmakers and banks retreat
TOKYO, March 7 (Reuters) - Japan’s Nikkei hit a one-week low on Thursday, with chip-related stocks tracking a decline in their U.S. peers and banks retreating after Mizuho Financial Group slashed its ... ( read original story ...)
Nikkei slides to week low dragged by chip-related firms, Renesas dives
TOKYO, March 7 (Reuters) - Japan’s Nikkei slid to a one-week low on Thursday morning with chip-related stocks leading the decline in step with U.S. counterparts, while Mizuho Financial Group underperf... ( read original story ...)
Nikkei ends lower, but retail investors snap up defence stocks
TOKYO, March 6 (Reuters) - Japan's Nikkei retreated further from three-month highs on Wednesday after a weak tone in U.S. shares, while retail investors pounced on reports that North Korea had restore... ( read original story ...)
Huawei asks Japanese suppliers to ship more smartphone components: Nikkei
(Reuters) - Chinese telecom equipment maker Huawei Technologies has asked Japanese firms including Murata Manufacturing and Toshiba Memory to increase supplies of smartphone components, the Nikkei rep... ( read original story ...)
Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency
Several crypto media outlets have reported that Japan’s Mizuho, the country’s largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports ... ( read original story ...)
Japanese Banks Unite to Launch Blockchain Finance Platform Services
Five Japanese banks have collaborated to launch blockchain-based financial services infrastructure, the finance platform confirmed in a press release on March 1. Bank of Iwate, Bank of Yokohama ... ( read original story ...)
Japan Nikkei extends losses
Headline indices of the Japan share market closed down on Wednesday, 06 March 2019, as investors continued withdrawing profits on following the negative lead from Wall Street overnight and on a strong... ( read original story ...)
Nikkei tracks Wall St losses, comes down from near three-month high
TOKYO, March 5 (Reuters) - Japan’s Nikkei dipped on Tuesday, tracking losses on Wall Street as optimism there will be a deal to end the U.S.-China trade dispute faded and Beijing trimmed its ... ( read original story ...)
Japan Nikkei trades lower on profit-taking
Headline indices of the Japan share market were down on Tuesday, 05 March 2019, as investors opted to take profits on following the negative lead from Wall Street overnight after an unexpected fall in ... ( read original story ...)
Nikkei eases from 3-month peak as chip, machinery firms slide
TOKYO, March 5 (Reuters) - Japan’s Nikkei dipped on Tuesday, tracking losses on Wall Street and after Beijing trimmed its economic growth target, putting a cloud over companies with large exposures to ... ( read original story ...)
Nikkei retreats from 3-month high but defense stocks jump
TOKYO, March 6 (Reuters) - Japan’s Nikkei retreated from three-month highs after weak U.S. shares soured investor sentiment, but defense-related companies jumped on reports that North Korea has restor... ( read original story ...)