Geisha-Loans Bank Outshines Japan’s Behemoth Lenders

Lending is based on borrower’s personality rather than metrics Kikuno Kashima, a Tokyo geisha, couldn’t get a bank loan to open a club for her patrons and select guests until a tiny credit union agreed to lend her the money. Now she’s part of a ... ( read original story ...)

Global shares push higher as Nikkei boosted by weaker yen

Global shares were mostly higher on Friday after Japan's Nikkei 225 index jumped 1.2 percent as the U.S. dollar strengthened against the yen. Chinese markets were lifted by a report of higher corporate profits. Looking ahead, investors are watching for U.S ... ( read original story ...)

Ursnif Banking Trojan Spreading In Japan

Attackers behind the pervasive banking Trojan Ursnif have made Japan one of their top targets, delivering the malware via spam campaigns that began last month. For years, Ursnif (or Gozi) has targeted Japan along with North America, Europe and Australia. ( read original story ...)

Saudi crown prince says Aramco IPO on track for 2018

Tokyo and Hong Kong have been looked at for a partial listing of the state-run firm. A decision on which exchange would secure the offering has still not been made, fuelling market speculation that the IPO could be delayed beyond 2018 or even shelved ... ( read original story ...)

Saudi Crown Prince say Saudi Aramco IPO on track for 2018

Tokyo and Hong Kong have been looked at for a partial listing of the state-run firm. A decision on which exchange would secure the offering has still not been made, fuelling market speculation that the IPO could be delayed beyond 2018 or even shelved ... ( read original story ...)

Saudi Aramco IPO on track for 2018, says Saudi crown prince

Tokyo and Hong Kong have been looked at for a partial listing of the state-run firm. A decision on which exchange would secure the offering has still not been made, fuelling market speculation that the IPO could be delayed beyond 2018 or even shelved ... ( read original story ...)

Tokyo, Shanghai edge up on strong earnings

Tokyo and Shanghai ended higher Thursday but elsewhere Asian markets were mostly muted, tracking a retreat on Wall Street as fears over the progress of US President Donald Trump's tax cut plans dampened investor sentiment. Tokyo got a boost from strong ... ( read original story ...)

Japan bank CEO quits over claims of $2.2 billion in bad loans

TOKYO: The head of a government-backed Japanese bank said today he would quit in response to an internal probe that found wide-ranging misconduct involving some $2.2 billion in shady loans. The report alleged that hundreds of employees at almost all of ... ( read original story ...)