CashNews.co By Anton Bridge TOKYO (Reuters) – Japan’s securities watchdog has recommended imposing a 21.8 million yen ($151,715) penalty on Nomura Holding’s brokerage unit for alleged manipulation in the government bond futures market, it said on Wednesday. The Securities and Exchange Surveillance Commission made the recommendation to the banking regulator, the Financial Services Agency, which […]
Nomura Faces Fine for Japanese Bond Market Manipulation #JapanFinance
CashNews.co (Bloomberg) — Nomura Holdings Inc. faces a ¥21.8 million ($152,000) fine for allegedly manipulating the Japanese government bond futures market, a setback for the nation’s biggest brokerage during a revival of trading in the securities. Most Read from Bloomberg An employee at the company’s domestic securities unit is suspected of fraudulently moving JGB futures […]
Nomura Faces Fine for Bond Market Manipulation, Yomiuri Says – BNN Bloomberg #JapanFinance
CashNews.co (Bloomberg) — Japan’s financial watchdog plans to recommend fining Nomura Holdings Inc. for allegedly manipulating the government bond futures market, the Yomiuri newspaper reported. A manager in the Global Markets division is suspected of fraudulently moving prices in government bond futures around 2021, the newspaper reported, citing unidentified sources. The dealer allegedly made profits […]
Some Japan PM hopefuls want to make hiring and firing workers easier #JapanFinance
CashNews.co By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) – At least two candidates vying to become Japan’s next prime minister are planning to tackle one of the country’s most sacred political cows: labour market reforms that would make it easier for businesses to hire and fire workers. Shinjiro Koizumi, the 43-year-old son of former […]
Larger IPOs Set to Test Dominance of Smaller Listings in Japan #JapanFinance
CashNews.co (Bloomberg) — Japan is poised to welcome larger share-sale debuts in the coming months, invigorating a market that has mostly seen debuts raising less than $100 million in the past decade. Most Read from Bloomberg Subway operator Tokyo Metro Co. said last week that its initial public offering was aiming to raise around ¥319.6 […]
Japan to ease foreign trainee job transfer rules by Oct amid record exits | Personal Finance #JapanFinance
CashNews.co 4 min read Last Updated : Sep 24 2024 | 2:55 PM IS Japan is set to implement changes in its foreign trainee programme by October, 2024 to make it easier for foreign trainees to switch jobs. This move comes in response to a record number of trainees quitting without notice, reaching 9,753 […]
JPMorgan bullish on India and Japan, top Asia official says #JapanFinance
CashNews.co By Swati Bhat MUMBAI (Reuters) – JPMorgan, the largest bank in the U.S., is bullish on India and Japan within Asia but is also keen to allocate resources towards Southeast Asia, which is benefiting from the “China Plus One” strategy, a top official at the bank said. “India is still firmly in the top […]
US targets China’s rare earths dominance with minerals-security finance network #JapanFinance
CashNews.co The United States announced the establishment of a minerals-security finance network with its allies on Monday, the latest step in its bid to halt China’s global dominance of critical minerals. The joint finance network will be used to “strengthen cooperation and promote information exchange and co-financing” among participating institutions from Indo-Pacific and European nations, […]
Exploring 3 High Growth Tech Stocks In Japan For Future Potential #JapanFinance
CashNews.co Japan’s stock markets have seen a notable rise recently, with the Nikkei 225 Index gaining 3.1% and the broader TOPIX Index up 2.8%, buoyed by a weaker yen following the U.S. Federal Reserve’s significant rate cut. As economic indicators suggest continued growth potential in Japan, it’s an opportune moment to explore high-growth tech stocks […]
Dollar gains against yen after BOJ holds cautious stance #JapanFinance
CashNews.co REUTERS/DADO RUVIC/ILLUSTRATION/FILE PHOTO Yen and dollar banknotes are seen in this illustration in March 2023. The dollar strengthened against the yen today after the Bank of Japan left interest rates unchanged and indicated that it was not in a hurry to hike them again. NEW YORK/LONDON >> The dollar strengthened against the yen today […]