Hiromi Yamaoka believes digital currency solutions are not yet mature enough to replace physical money, even if the banking industry is increasingly looking to modern technology. Banking has been transformed over the last two decades, for customers and the ... ( read original story ...)
Investors looking beyond Tokyo
A former industrial city and one-time financial centre, Osaka has evolved to become a popular tourist destination, offering great food and shopping, as well as rich culture. Tourists were also quoted as saying that Tokyo is a little too busy, and Osaka ... ( read original story ...)
The Rise Of Asia’s Banking Cartels
Vietnam’s Central Bank, located in Hanoi (Photo credit: Shutterstock) A 1897 Coinage Law made Japan an Asian economic trail blazer. It became the first nation to adopt a gold standard. The law made Japan’s currency, called the Yen, fixed at 0.75 gram ... ( read original story ...)
Japan stock market to see 23 IPOs in December
TOKYO -- Twenty-three companies are planning initial public ... says Tomohiro Suzuki, head of IPO support at auditing company KPMG Azsa. The TSE will continue to ask securities underwriters to help ease the IPO rush in December. Absorption of investor ... ( read original story ...)
Nikkei ends at 2-week high
Japan's Nikkei share average rose to a near two-week high on Wednesday, buoyed by gains in large-cap stocks such as SoftBank and Fanuc, and financial companies as global growth hopes lifted the mood across world markets. The Nikkei ended 0.5 per cent ... ( read original story ...)
Digital currencies will not replace physical money soon: Bank of Japan official
TOKYO (Reuters) - Financial technology is fast revolutionizing the banking industry but digital currencies will not replace physical money any time soon, a senior Bank of Japan (BOJ) official said on Wednesday. “It’s too far off,” Hiromi Yamaoka ... ( read original story ...)
Finance data analytics startup Xenodata Lab. raises $2.2M from Japan megabanks, others
Image credit: Masaru Ikeda See the original story in Japanese. Tokyo-based Xenodata Lab., the Japanese startup developing an AI-powered finance data analytics leveraging Natural Language Processing (NLP), announced today that it has raised 250 million yen ... ( read original story ...)
Tokai Tokyo Financial : Capital and Business Alliance with xenodata lab.
Capital and Business Alliance with xenodata lab. We, Tokai Tokyo Financial Holdings, Inc. (hereafter referred to as "the Company"), are pleased to announce that we have entered into the capital and business alliance with xenodata lab., Inc. (hereafter ... ( read original story ...)
BRIEF-Tokai Tokyo Financial Holdings says business and capital alliance with AI firm xenodata lab
* Says co has been offering the service “TT Flash”, which is designed to work as an automated financial analyzer using xenodata lab’s unique AI technique, at Tokai Tokyo Securities since November and co also introduced xenodata lab’s another ... ( read original story ...)
RE&S Holdings soars 64% above the IPO price on trading debut
Shares in Japanese restaurant group RE&S Holdings, which operates brands such as Kuishin Bo, jumped as much as 64 percent above the IPO price in Wednesday's debut. At 0640 GMT, RE&S was up 55 percent at S$0.34 on the Singapore Exchange compared to its IPo ... ( read original story ...)
Japan’s clothing recyclers find eager markets in Southeast Asia
TOKYO -- Japanese used-clothing retailers are keen to increase exports to Southeast Asia. The companies buy unneeded clothes from consumers and resell them at their stores -- which used to be mainly in Japan. Lately, however, they are finding that ... ( read original story ...)
You tell us: Is Japan’s overwork culture improving?
TOKYO -- Since a Dentsu ad agency employee's suicide in 2015 was ruled death by overwork, the Japanese government has implemented ... Has any of this made a difference? In a Nikkei Inc. poll of business leaders last year, 76.7% of the 164 respondents ... ( read original story ...)
Weak Consumer Spending Creates Drag On Japan’s Third-Quarter Performance
Source: IHS Markit, Nikkei, Japan Cabinet Office In contrast to lacklustre domestic spending, foreign demand has increased, with the PMI Export Orders Index registering an expansionary territory for a fourteenth successive month in October. There has been ... ( read original story ...)
Nikkei falls on weaker Wall St, strong yen, bargain hunting curbs losses
TOKYO, Nov 20 (Reuters) - Japan’s Nikkei share average fell on Monday amid losses on Wall Street and a stronger yen, although bargain hunting limited the losses. The Nikkei was down 0.4 percent at 22,303.98 points by late morning, following a brief pop ... ( read original story ...)
Nikkei rises to near 2-week high before holiday as large-caps gain
TOKYO, Nov 22 (Reuters) - Japan’s Nikkei share average rose to a near two-week high on Wednesday, buoyed by gains in large-cap stocks such as SoftBank and Fanuc, and financial companies as global growth hopes lifted the mood across world markets. ( read original story ...)
Nikkei buoyed by large-cap stocks on global rally
TOKYO, Nov 22 (Reuters) - Japan’s Nikkei share average rose on Wednesday morning, buoyed by gains in large-cap stocks such as SoftBank, Fanuc and financial companies as global growth hopes lifted the mood across world markets. The Nikkei gained 0.8 ... ( read original story ...)