Search Results for: Bank of Japan
BOJ’s Kuroda: Told PM Abe Japan’s long-term price trend unchanged
March 23rd, 2015
Bank of Japan Governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe on Monday that inflation is slowing due to a decline in oil prices but there is no change in the long-term rising trend for consumer prices as the economy improves. ...
Media reports said a growing number of close U.S allies to join a new China-led international development bank
March 17th, 2015
A senior U.S. diplomat said it was up to individual countries whether to join a new China-led international development bank as media reports said a growing number of close U.S. allies were ignoring Washington’s pressure to stay out of ...
U.S. Hits German Bank with $1.45 Billion in Penalties
March 13th, 2015
The U.S. Department of Justice on Thursday ordered Germany’s Commerzbank bank and its U.S. affiliates to pay $1.45 billion in penalties for violations of U.S. sanctions law and for a multibillion-dollar securities fraud. A department statement said Commerzbank, Germany’s ...
TriOptima’s triResolve service expands in APAC adding Taiwan’s Taipei Fubon Commercial Bank
March 10th, 2015
TriOptima announces today that Taipei Fubon Commercial Bank (Fubon) is the first Taiwanese financial institution to join its triResolve portfolio reconciliation service. triResolve has grown 350% in Asia Pacific since 2012; and the service continues to add subscribers in ...
Commerzbank nears $1.4 billion-plus settlement with U.S. – sources
March 6th, 2015
Commerzbank AG (CBKG.DE) is nearing an agreement to pay U.S. authorities more than $1.4 billion to settle allegations it violated U.S. sanctions and a separate investigation that stemmed from the Olympus Corp (7733.T) accounting scandal, according to two people ...
Japan’s Solar Power Growth Falters as Utilities Balk
March 4th, 2015
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...
European Banks’ Reciprocity Draws Scrutiny
March 2nd, 2015
When Deutsche Bank AG hired 25 banks last summer to help it raise about $9 billion of new capital, it made some unusual selections. In addition to a handful of Wall Street stalwarts, three Italian banks made the cut. ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
Japan shares hit 15-year peak; yields drop on Fed view
February 19th, 2015
The U.S. dollar nursed modest losses in Asia on Thursday while bonds held on to heftier gains as investors scaled back expectations on how fast, and how far, the Federal Reserve might raise interest rates in coming months and ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
