Japan
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
AS MUCH as Jun Nagao doesn’t like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the...
Nomura faces fine for Japan government bond market manipulation
NOMURA Holdings faces a 21.8 million yen (S$194,514) fine for allegedly manipulating the Japanese government bond futures market, a setback for the nation’s biggest brokerage during a revival of...
Bank of Japan chief signals no rush in raising rates further
THE Bank of Japan (BOJ) can afford to spend time scrutinising market and overseas economic developments in setting monetary policy, governor Kazuo Ueda said on Tuesday (Sep 24), suggesting...
Japan bank stung by US Fed hikes plots return to government bonds
A BANK operating in Japan’s least populated area is doing something that may have global repercussions if its peers do the same: the lender is planning to return to...
Japan top FX diplomat says watching for any build-up of yen carry trades: NHK
Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, public broadcaster NHK quoted him...
Bank of Japan leaves key interest rate unchanged
THE Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets.Two...