Search Results for: Bank of Japan
Deutsche Bank’s grip on Asia FX market may slip on Jain’s exit
June 11th, 2015
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia’s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive ...
Libor Trial Hears Global Banks Submitted Skewed Data
June 9th, 2015
Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told A succession of global banks told a British trade association in 2005 and 2006 that they and their rivals were ...
PwC appoints new UK and global banking and capital markets leaders
June 8th, 2015
PwC has appointed Simon Hunt as its new UK banking and capital markets leader. Kevin Burrowes, who remains the UK firm’s financial services leader, has additionally been appointed as global banking and capital markets leader across the PwC international ...
Japan’s revised Q1 growth blows past expectations
June 8th, 2015
Japan posted stronger-than-expected growth in the first quarter as a pickup in capital spending drove the world’s number three economy, but some economists warn that the recovery could be short-lived. The 1.0% expansion in January-March—or 3.9% on annualised basis—was ...
Rakuten to Raise $1.5 Billion in Japan, Overseas Share Sale
June 4th, 2015
Rakuten Inc. plans to raise as much as 188 billion yen ($1.5 billion) in a public share sale, mainly to pay down debt as the online mall operator pursues acquisitions to boost its Internet services business. The share sale, ...
Bank of Israel leaves June interest rate unchanged
May 26th, 2015
The Bank of Israel has left the rate unchanged at an historic low of 0.1% for the third consecutive month. The Bank of Israel Monetary Committee headed by Governor Dr. Karnit Flug has kept the interest rate for June unchanged at ...
Signing of the third Bilateral Swap Arrangement between Japan and Singapore
May 21st, 2015
1. The Bank of Japan, acting as the agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore signed the third Bilateral Swap Arrangement (BSA) on May 21, 2015. The arrangement will enable the authorities ...
Japan shares set fresh 15-year high, dollar holds gains after Fed minutes
May 21st, 2015
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains in much of the rest of Asia. The dollar held ...
Japan’s economy grows faster than expected
May 20th, 2015
Japan‘s economy grew faster than expected between January and March, boosting hopes that the economy is recovering from last year’s recession. The economy expanded 0.6% in the period compared to the previous quarter, marking its second consecutive quarter of ...
Asian shares slip, but Japan GDP surprise lifts Nikkei
May 20th, 2015
Asian shares slipped on Wednesday after a mixed day on Wall Street, though Japan’s better-than-expected economic growth lifted the Nikkei to a nearly one-month high. The euro remained pressured by expectations that the European Central Bank would increase its ...
