Tag - banks

 
 

BANKS

BUSINESS
Apr 2, 2020
Britons to receive 'stop-gap' loan relief to weather pandemic
British consumers will get a three-month freeze on loan and credit card payments to weather the COVID-19 epidemic, under plans outlined by the country's financial regulator on Thursday.
Japan Times
BUSINESS / Economy
Mar 28, 2020
Fed brings the global financial system back from the abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the "Federal Reserve Bulletin," Jerome Powell this week set out to offer a simple explanation for the complicated steps the U.S. central bank is taking to relieve dire stresses in the global financial system.
Japan Times
COMMENTARY / World
Mar 16, 2020
The Fed's barrage faces some obstacles to success
The U.S. central bank's intervention carries the risk of backfiring.
Japan Times
BUSINESS / ANALYSIS
Mar 16, 2020
The plumbing behind world's financial markets is creaking — loudly
The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public's attention. But behind the scenes, there is less understood and potentially more worrying evidence that stress is building to dangerous levels in crucial arteries of the financial system.
Japan Times
BUSINESS
Feb 28, 2020
Vietnam reduces plan to build new coal plants amid fiscal and environmental concerns
Vietnam is scaling back a plan to build new coal plants, as financial restrictions and local environmental concerns increase the difficulty and complexity of constructing such facilities.
Japan Times
BUSINESS
Feb 28, 2020
World economy risks worst year since 2009 as hopes fade of rapid rebound from virus
The world economy may be heading for its worst performance since the financial crisis, more than a decade ago, as the spread of new virus that causes COVID-19 increasingly dashes hopes of a swift rebound.
Japan Times
BUSINESS / Economy
Feb 27, 2020
BOJ board member urges inflation policy review and stronger steps to avert virus-linked recession
A member of its BOJ's Policy Board has called for stronger action by the central bank as the widening fallout from the coronavirus outbreak risks tipping the economy into yet another recession.
BUSINESS
Feb 27, 2020
Bank of Japan asks major lenders about contingency plans following infection at MUFG
The rapid spread of the new coronavirus has prompted the Bank of Japan to ask major banks how prepared they are for a worsening of the outbreak, people with knowledge of the matter said.
BUSINESS / Companies
Feb 20, 2020
MUFG Bank to invest ¥80 billion in ride-hailing service Grab
MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said.
BUSINESS / Markets
Feb 10, 2020
Japanese asset manager awaits flood of money from regional banks
Japanese financial conglomerate SBI Holdings Inc. anticipates a flood of money from yield-starved regional banks that need help reinvesting cash after redeeming government bonds.
Japan Times
BUSINESS
Feb 6, 2020
Goldman Sachs poised to enter Japan wealth management business
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said.
Japan Times
BUSINESS / Companies
Feb 5, 2020
MUFG just posted first quarterly loss in a decade
Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank.
BUSINESS / Companies
Jan 30, 2020
SBI Sumishin Net Bank considers going public
SBI Sumishin Net Bank is considering going public and becoming Japan's first listed internet-only bank without any physical branches, according to sources with knowledge of the matter.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?