Search Results for: japan
Why Japan’s plan to raise the number of lawyers it hasn’t worked out
April 4th, 2016
Japan is struggling with an unlikely problem: Its people aren’t litigious enough. Fifteen years ago, the nation kicked off a plan to double the number of lawyers. Officials thought they could breathe dynamism into society by mimicking the Western ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
Economic Takeaways From Japan’s Retail Sales, Spending Data
March 29th, 2016
What you need to know about Tuesday’s data released in Japan: The numbers for February paint a mixed-to-negative picture of the Japanese economy, maintaining pressure on Shinzo Abe’s government and the central bank to consider more fiscal and monetary ...
Japan considers giving away money to boost consumption
March 25th, 2016
Following the examples Finland, Canada and the Netherlands, the Japanese government is considering issuing money ‘vouchers’ to poor young people, according to Sankei daily. Tokyo plans to include gift certificates for low-income youngsters in the fiscal supplementary budget this year. The ...
Financial services group based in Japan will Join Blockchain Consortium R3
March 15th, 2016
SBI Holdings, Inc. (Head Office: Minato-ku, Tokyo; Representative Director and CEO: Yoshitaka Kitao; “SBIH”) hereby announces that it will join blockchain consortium R3 led by R3 CEV LLC (Head Office: New York City, New York State, U.S.; CEO: David ...
Bank of Japan:Statement on Monetary Policy
March 15th, 2016
At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided upon the following. (1) Quantity Dimension: The guideline for money market operations The Bank decided, by an 8-1 majority vote, to set ...
Japan’s economy shrinks less than first thought
March 8th, 2016
Japan’s economy shrank less than previously thought in the last three months of 2015, surprising analysts. Gross domestic product contracted at an annualised rate of 1.1% for the period,compared with an earlier reading of 1.4%, official figures showed. Analysts ...
Japan’s Negative Interest Rates Are Even Crazier Than They Sound
March 3rd, 2016
Yesterday Japan’s government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that bond issue snapped up, it was vastly oversubscribed. This raises a lot of questions, ...
Japan didn’t intervene in FX markets in Feb – finance ministry
March 1st, 2016
Japan did not intervene in currency markets between Jan. 28 and Feb. 25, the Ministry of Finance said on Monday, even as the yen looks set to post its biggest monthly gain since October 2008 this month. On Feb. 11, ...
Japan Exchange Group selects Cinnober’s real-time clearing for listed derivatives
February 29th, 2016
Cinnober announces that it was selected by the Japan Exchange Group (JPX) to deliver a real-time clearing solution for its listed derivatives market, which is operated by the Osaka Exchange (OSE), and cleared by the Japan Securities Clearing Corporation (JSCC). The new implementation ...