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Mizuho Bank gears up for new core banking system go-live
Japan’s Mizuho Bank is going to move to a new core banking platform in early 2017, Banking Technology understands. The cost of the project is believed to be JPY 300 billion ($2.8 billion). The bank is keen to modernise its core platform, particularly ... ( read original story ...)
How Donald Trump’s win could make the Bank of Japan’s job harder
Donald Trump might have just complicated the Bank of Japan's abortive efforts to spur inflation. The global rout in bond markets that accompanied Trump's surprise win has also spilled over to Japan where the central bank radically shifted its policy ... ( read original story ...)
Bank of Japan unveils surprise bond-buying plan
TOKYO — The Bank of Japan on Thursday offered to buy an unlimited amount of Japanese government bonds at fixed rates for the first time since the introduction of a new policy framework — a sign of its concerns over recent rises in yields. The move is ... ( read original story ...)
Japan central bank awaits OPEC meeting with bated breath
TOKYO -- Whether the world's major oil producers agree on output cuts when they meet beginning Nov. 30 will be of great interest to the Bank of Japan, as oil prices play a key part in the central bank's efforts to reflate the Japanese economy. Members of ... ( read original story ...)
BANK OF JAPAN : Oil Prices, U.S Treasury Yields Fall
09:23a BANK OF JAPAN: announces first initiative to control rising yields 04:45a DJ BANK OF JAPAN: Surprises With Plan to Buy Unlimited JGBs at Fixed Rates 11/16 G30 STUDY HIGHLIGHTS RISKS TO FINANC: Rise of Shadow Banking Activities Merit C.. 11/15 DJ ... ( read original story ...)
Bank of Japan : announces first initiative to control rising yields
Tokyo, Nov 17 (EFE).- The Bank of Japan announced Thursday it will carry out its first purchase transaction of Japanese government bonds to control yields after the long-term bond yield jumped to its highest level on Wednesday owing to Donald Trump's win ... ( read original story ...)
Trump won't pull US forces out of Japan, says former PM adviser
who served as special adviser to two former Japanese prime ministers, told The Nikkei. Excerpts from the interview follow. Q: What are your thoughts on Japanese Prime Minister Shinzo Abe's upcoming meeting with U.S. President-elect Donald Trump on Thursday ... ( read original story ...)
"DFT" from Tokyo Releases First Album and Sensational Short Film at the Same Time
"DFT," a music production team from Tokyo, has released their first album, “STORY TO TELL” from new label DAT SLICK (Operated by ADX inc., location: Minato-ku, Tokyo, CEO: Akira Fujita). This Smart News Release features multimedia. View the full ... ( read original story ...)
Tokyo stocks open higher on weak yen, upbeat US data
Tokyo stocks opened higher on Wednesday as exporters rose on a weaker yen and as energy stocks followed oil prices upward, with investors cheered by encouraging US economic data. "We're in for another bull market today, particularly with the yen trading ... ( read original story ...)
Pampered Canadian pigs feed Japan's hunger for pricey pork
WINNIPEG, Manitoba/TOKYO (Reuters) - On select Canadian farms, thousands of pigs bound for Japan are getting five-star treatment. Japan’s growing appetite for pricey pork cuts is driving Canadian and U.S. fresh pork exports to record levels, spurring ... ( read original story ...)
Nikkei buoyed by weaker yen, higher yields lift lenders
TOKYO Nov 16 Japan's Nikkei share average rose to a 9-1/2-month high on Wednesday, as a weaker yen underpinned exporters and higher Japanese yields stoked bank shares. The Nikkei ended up 1.1 percent at 17,862.21, scaling its highest levels since Feb. 1. ( read original story ...)
Airbnb use soars while Japan juggles legal conundrum
Japan ranks in the top five for the number of lodgers, Airbnb's Christopher Lehane told The Nikkei on Tuesday. Lehane oversees the company's negotiations with national governments. Airbnb users in Japan hit a record in the January-October period ... ( read original story ...)
Trump adviser calls US-Japan alliance critical for Asian security
Michael Flynn was in Tokyo to meet Japanese politicians. During an interview with the Nikkei Asian Review, he said he was specifically here to talk about cybersecurity. Trump is of big interest to Asian leaders, who are somewhat in the dark about what kind ... ( read original story ...)
Yen At 109: Why Is Nikkei Not Higher?
The Japanese yen has weakened substantially from 104-105 range to 109 recently. The Nikkei 225 has gained around 10% since Donald Trump won the US Presidency, while the yen weakened a good 4%. First of all, don’t be greedy! The last time yen was trading ... ( read original story ...)
Nikkei rises as weak yen helps exporters; hopes grow for Trump policies
TOKYO Nov 14 Jpanese shares rose on Monday as a weak yen bolstered exporter shares, with the Nikkei rising 1.7 percent to 17,672.62, the highest closing level since Feb 2. Expectations that the Trump Administration's policies will stoke U.S. inflation ... ( read original story ...)