On the heels of a profit warning from New York Community Bancorp that was at least partly due to the deteriorating office loan market, a Japanese bank ...
Bank loan-loss jitters spread to Japan as Aozora sees first loss in 15 years
Japanese bank Aozora (OTCPK:AOZOY) (OTC:AOZOF) tumbled after it forecast a surprise loss due to increased loan-loss provisions. Aozora stock fell more than 20% in Tokyo. The drop comes on the heels of ...
A $560 billion property warning hits banks from New York to Tokyo
The concern reflects the ongoing slide in commercial property values coupled with the difficulty predicting which specific loans might unravel ...
Tokyo’s fish market opens long-awaited seafood restaurants and spa
Tokyo's fish market has opened a long-awaited outer section with Japanese-style seafood restaurants and a spa for relaxation, as the wholesale venue that has struggled since relocating from the belove ... ( read original story ...)
Official launch of ‘Make A Girl’: Tokyo’s Xenotoon unveils exciting anime feature film project
Tokyo-based anime planning and production company, Xenotoon, officially launches their exciting anime feature film project titled 'Make A Girl'. Join the live-streaming program on February 7, 2024, to ... ( read original story ...)
Tokyo stocks end lower over dim outlook for early U.S. rate cuts
Tokyo stocks closed lower on Thursday after the US Federal Reserve expressed a reserved stance on early interest rate cuts along with the overnight ... ( read original story ...)
US, Japan conduct joint naval drills
The US and Japanese navies held joint exercises in the Philippine Sea this week, in a show of force as tensions with China and North Korea rise.Japanese and Chinese vessels have regularly been involved in tense incidents in disputed areas, ( read original story ...)
US office building losses hit Japanese lender Aozora
Shares in Aozora fell by their maximum limit on Thursday after the midsized bank projected a full-year loss on overseas real estate loans and warned that it would take as much as two years for the US office market to stabilise. ( read original story ...)
No injuries as wing tips of passenger jets touch at airport in Osaka
The incident is the latest in a series of recent aviation mishaps, which has included a deadly collision between a passenger jet and a coast guard plane. ( read original story ...)
Japan quake survivor finds pet-friendly shelter
STORY: It's been about a month since Yoshimi Tomita began to live in her car with her two cats.That's when a devastating magnitude 7.6 earthquake struck Japan's Noto peninsula, killing more than two hundred people and displacing tens of thousands more. ( read original story ...)
Iran’s golden generation survive Syria scare to keep Asian Cup dream alive
For a team regarded as golden generation looking to win a first Asian Cup since 1976, Iran were certainly made to work for their place in the quarterfinals. ( read original story ...)
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The Frankfurt-based bank, which has $627 billion in assets under management, released a cryptocurrency custody platform in November. The release came months after it announced that it would be using Metaco's technology solution to build crypto-related services.
US energy data agency to track crypto mining power use
The U.S. Energy Information Administration (EIA) will begin to more closely track electricity consumption by cryptocurrency mining companies operating in the United States, the agency said on Wednesday.
Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property
The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.
Japanese stocks see first weekly foreign outflow in three
(Reuters) - Foreign investors were net sellers of Japanese stocks in the week ended Jan. 26, reacting to indications that an end to the Bank of Japan's negative interest rates could be nearing. These ...
Takeda Announces Chief Financial Officer Succession
Takeda (TOKYO:4502/NYSE:TAK) today announced that Costa Saroukos, chief financial officer, has decided to leave Takeda to return to his home-country of Australia to be closer to family. Mr. Saroukos ...