Japan bank SMFG dives deeper into digital finance with SBI deal

TOKYO – Sumitomo Mitsui Financial Group aims to overhaul digital banking and investment services, and capture a new generation of clients, through its new partnership with top Japanese online brokerage SBI Holdings. By entering into the capital and business alliance, announced Thursday, SMFG looks to tear down barriers within the group and offer integrated services … Read more

Bank of Japan’s record $ 81 billion bond buy brings calm to market

Tokyo’s bond market began the week with a much calmer footing as traders mulled unprecedented intervention by the Bank of Japan, which dragged benchmark yields back below their closely watched ceiling. Ten-year yields edged higher to 0.23% Monday in the aftermath of the BOJ’s 10.9 trillion yen ($ 81 billion) of government bond purchases last … Read more

Sleep aid market booming in Japan as pandemic changes lifestyles

According to research firm Fuji Keizai Co, the market for food and beverage products designed to relieve stress and support sleep has expanded from ¥ 1.1 billion in 2013, when a relevant survey began, to ¥ 16.1 billion in 2020, a 15-fold increase. It is expected to grow further to ¥ 33.1 billion in 2022. … Read more

India-Japan hold finance dialogue in New Delhi

India and Japan held Finance Dialogue in New Delhi on Thursday (16 June 2022), to exchange views on macro-economic situation, financial system, financial digitalization and investment environment in both the countries. Vice Minister of Finance for International Affairs of Japan Masato Kanda and Secretary of the Department of Economic Affairs in the Ministry of Finance … Read more

Internet Explorer shuts after 27 years, trouble builds for Japan businesses

Microsoft Corp. retired its Internet Explorer on Wednesday, putting an end to a quarter-century-old app while also sparking a small panic among businesses and government agencies that built internal systems around the unpopular browser. Japan may be the country most affected by the move, as a survey in March found that 49% of companies in … Read more

Global markets fall after rough week on Wall Street; yen hits two-decade-low

Hong Kong / London CNN Business – Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week after a broad sell-off on Wall Street following a surprisingly strong US inflation data. The Dow plunged 880 points, or 2.5%, on Friday. The S&P 500 (SPX) shed 2.7% and the … Read more

US hopes to start trade talks under IPEF to fuel economic activity

Last month, India joined 13 other countries to establish the IPEF, led by the US to counter China’s growing clout in the Indo-Pacific region TopicsUSA | Trade talks | economy The 14 members of the Indo-Pacific Economic Framework (IPEF) held their first informal meeting in Paris, with the US hoping to start negotiations on the … Read more

Entrepreneur gets creative for benefit of firm and employees

KANAZAWA – Entrepreneur Tadateru Mitani is committed to rendering his enterprise here “friendly” to all relevant parties including employees and sustainable as a “good company.” “The current increased interest in the SDGs (UN Sustainable Development Goals) should not be quickly lost just as a temporary trend,” said Mitani, 37, CEO of Mitani Sangyo Co. Mitani … Read more