CashNews.co (Bloomberg) — Japan’s top currency official helped lift the yen a touch on Friday after he warned he was keeping a close eye on market movements following the yen’s slide into the 150 range against the dollar overnight. Most Read from Bloomberg “At the moment we’re seeing slightly one-sided, sudden moves in the currency […]
CashNews.co (Bloomberg) — Japan’s key inflation gauge slowed in September for the first time in five months, ahead of a central bank meeting later this month where the board is widely expected to keep the interest rate unchanged. Most Read from Bloomberg Consumer prices excluding fresh food rose 2.4% from a year earlier, decelerating from […]
CashNews.co 7-Eleven ‘konbini’ are a one-stop shop in Japan for everything from rice balls to concert tickets to photocopies (Richard A. Brooks) Executives from Canada’s Alimentation Couche-Tard are in Japan in a bid to overcome resistance to their $47-billion takeover of 7-Eleven’s parent but are being given the cold shoulder, according to interviews published Thursday. […]
CashNews.co By Anton Bridge TOKYO (Reuters) – British fintech firm Wise has won approval for direct access to Japan’s bank payment clearing network, becoming the first foreign financial company to do so, it said on Thursday. The move could put pressure on banks including megabanks such as Mitsubishi UFJ and smaller players such as SBI […]
CashNews.co TOKYO (AP) — Japan racked up a trade deficit of 294.3 billion yen ($2 billion) in September, according to Finance Ministry data released Thursday, as exports fell to key destinations like China. For the first half of the April to March fiscal year, Japan’s trade deficit, or its imports subtracted from exports, was 3.1 […]
CashNews.co HONG KONG – Disillusioned Chinese bankers and fund managers are giving up careers in a finance sector, where government campaigns and regulation have colored prospects to the extent that areas as varied as education and even stand-up comedy seem preferable. The tightening scrutiny of trading, financing and dealmaking, as well as a slump in […]
CashNews.co Asian Banking & FinanceJapan and Indonesia renew their bilateral swap agreementThe size of the BSA is up to $22.76b or its equivalent Japanese yen. Japan and Indonesia have renewed their bilateral swap agreement,….19 minutes ago Read More #cashnews #Japan #finance
CashNews.co Insightful Portfolio Adjustments in Q3 2024 Highlight Growth Opportunities The T. Rowe Price Japan Fund (Trades, Portfolio), known for its strategic investments in a diverse array of Japanese industries, has recently disclosed its N-PORT filing for the third quarter of 2024. This fund primarily targets companies poised for above-average, long-term earnings growth, investing at […]
CashNews.co TOKYO — The banking arm of the 7-Eleven chain in Japan will start using purchase histories as a factor in determining approval for people seeking small loans, a move it says will help gig economy workers and others who lack a steady flow of income. Called card loans in Japan, these unsecured loans are […]
CashNews.co China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85 ⬆️ up 0.77% Nasdaq Composite: 18,502.69 ⬆️ up 0.87% Dow Jones Industrial Average: 43,065.22 ⬆️ up 0.47% STOXX Europe 600: 525.74 […]