into action.” As Cointelegraph reported yesterday, Sumitomo Mitsui Banking Corporation, Japan’s second-largest bank by assets, conducted a PoC using blockchain consortium R3’s Marco Polo ... ( read original story ...)
What happens when the Bank of Japan has bought everything?
It is time for another chapter of our Discovering Japan ( h/t Graham Parker and the Rumour) series and let us open by dipping into Japanese culture. As spring approaches, the country’s weather forecas... ( read original story ...)
Japan central bank chief flags readiness to ease further; yen slips
Mr Kuroda repeated that possible easing tools the BOJ could deploy included cutting short- and long-term interest rates, expanding asset buying or accelerating the pace of money printing. "Whatever we ... ( read original story ...)
PHL, Japan officials to meet in Osaka for 7th high-level infra forum
Officials from Philippine and Japanese governments are set to meet in Osaka, Japan on Thursday for the 7th high-level meeting on infrastructure and economic cooperation. In a statement on Wednesday, t... ( read original story ...)
Japan’s exports fall most in two years as Asia shipments weaken
Ministry of Finance data out on Wednesday showed Japan's exports fell 8.4 percent in the year to January, versus a 5.5 percent annual drop expected by economists in a Reuters poll. It was the ... ( read original story ...)
Japan’s Central Bank Examines Central Bank Digital Currencies in New Report
Japan’s central bank has examined the role of central bank digital currencies (CBDCs) in the current monetary system in a report released on Feb. 19. In the document, the bank describes the ... ( read original story ...)
Japan’s Banking, Insurance Markets Link SMBs To US Trade Via Amazon
Members of Japan’s insurance and financial services sectors are teaming up in an effort to remove barriers for small businesses (SMBs) to conduct trade with the U.S. Reports in the Nikkei Asian Review ... ( read original story ...)
Nomura and CLS Group launch settlement services targeting Japan based funds
NAM will offer CLS settlement services to 21 investment trust funds in Japan in collaboration with Japan Trustee Services Bank, Ltd. (JTSB), The Nomura Trust and Banking Co., Ltd. (NMTB) and The Maste... ( read original story ...)
Bank of Japan considering online price surveys
The Bank of Japan is considering collecting data for its monthly price statistics online from businesses to streamline its operations, it was learned Tuesday. Currently, the central bank sends and rec... ( read original story ...)
Japan to open doors to nonbank money transfers
Japan allowed nonbank companies to enter money ... barrier protecting banks from new competition. With complaints that bank remittances take too long -- over a week for some international ... ( read original story ...)
Japan Nikkei ends tad higher
Headline indices of the Japan share market closed slight higher on Tuesday, 19 February 2019, as buying on hopes for a trade deal between the United States and China was offset by selling to lock in g... ( read original story ...)
Japan’s Number Two Bank by Assets Completes R3 Blockchain-Based Trade Finance Trial
Japan’s second-largest bank by assets, Sumitomo Mitsui Banking Corporation (SMBC), has completed a proof-of-concept (PoC) using blockchain consortium R3’s Marco Polo trade finance platform. ( read original story ...)
Japan’s central bank says it’s ready to ramp up stimulus if a strong yen derails inflation target
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2 percent inflation ... ( read original story ...)
Goldman Sachs Is Getting More Bang From Japan’s M&A Spree
Nomura Holdings Inc., Japan’s largest investment bank, slipped out of the top three for the first time since 2016. Japan’s bankers are falling behind partly because of the high proportion of M&A deals ... ( read original story ...)
BANK OF JAPAN : Dollar rises in upper 110 yen zone on BOJ chief’s remarks
The U.S. dollar rose in the upper 110 yen range Tuesday as the Bank of Japan's governor mentioned the possibility of providing additional monetary stimulus if necessary to support the Japanese economy ... ( read original story ...)
How Japan’s farmers and fishermen backed the leveraged loan boom
Instead, the CLO market is on tenterhooks because Japan’s largest agricultural bank is set to finalise its budget for the financial year beginning in April. Norinchukin Bank, which for nearly 100 year... ( read original story ...)