Effects of the BOJ's negative rate policy spread

Feb 6, 2016

Effects of the BOJ's negative rate policy spread

The effects on the everyday lives of people from the Bank of Japan’s decision late last month to introduce negative interest rates are spreading. Commercial banks are lowering their deposit rates due to falling market interest rates, while the Finance Ministry has suspended the ...

Feb 1, 2016

Japan Post Bank to start in-house stock investments

Japan Post Bank plans to start in-house investments in stocks in the second half of 2016, according to Katsunori Sago, the bank’s vice president in charge of asset management. The bank’s policy for more diversified and sophisticated asset management “will not be affected” by ...

Wall Street fuels Iowa contenders' rivalry

| Jan 31, 2016

Wall Street fuels Iowa contenders' rivalry

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Battling across Iowa ahead of the first-in-the-country presidential nominating vote on Monday, Hillary Clinton and Bernie Sanders are dueling on fertile populist ground: resentment against Wall Street, bailed-out big banks and a financial system seen as rigged. Their rhetoric is pungent. The contenders for ...

Putin's son-in-law boosted by $1.75 billion Russian state loan

Jan 29, 2016

Putin's son-in-law boosted by $1.75 billion Russian state loan

The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, ...

'Grandpa gang' guilty of London's biggest burglary

Jan 15, 2016

'Grandpa gang' guilty of London's biggest burglary

Three men were found guilty on Thursday in the largest burglary in English legal history, a daring multimillion pound raid on a safe-deposit business in London’s jewelry district led by pensioners who had spent a life in crime. In a plot three years in ...