Tag - bank

 
 

BANK

International Monetary Fund (IMF) and World Bank Fall meetings signage outside the IMF headquarters in Washington on Sunday
BUSINESS / Economy
Oct 21, 2024
As poor nations' default wave peaks, a cash shortage could replace it
The issue, and what to do about it when Western countries are increasingly loath to send money overseas, is a key topic at the IMF World Bank autumn meetings this week.
Norinchukin Bank kicked off its first dollar bond sale since March last year to finance environmentally related projects.
BUSINESS / Companies
Oct 14, 2024
Norinchukin kicks off first dollar bond sale since losses
The bank started marketing a five-year green bond on Oct. 8 at a spread of around 155 basis points over Treasurys.
Afghan women after an earthquake in Herat, Afghanistan, on Oct. 10, 2023
BUSINESS / Economy
Oct 14, 2024
Poorest nations in worst financial shape since 2006, World Bank says
The World Bank report finds these economies are poorer today, on average, than they were on the eve of the COVID-19 pandemic.
Independence Square in central Kyiv
BUSINESS
Oct 11, 2024
World Bank board approves new Ukraine fund, sources say
The fund will help fulfill a pledge by Group of Seven rich democracies to provide Ukraine with up to $50 billion in additional funding by the end of the year.
For years, Seven & I has faced calls from investors to focus more on its convenience-store business.
BUSINESS
Oct 3, 2024
7-Eleven owner seeking to sell off part of stake in banking unit
The sale of part of its stake in Seven Bank would intend to show Seven & I Holdings is willing to focus more on its core 7-Eleven business.
A male employee of Gunma Bank in Fukaya, Saitama Prefecture, allegedly swindled clients out of a total of ¥55.35 million ($377,000) by falsely claiming to exchange their old banknotes for new ones.
JAPAN / Crime & Legal
Oct 3, 2024
Gunma Bank dismisses employee over alleged ¥55 million scam
He allegedly took money from clients under the pretext of exchanging old banknotes for new ¥10,000 ones.
The world's multilateral development banks must shift to a growth-focused approach that stabilizes economies without forcing them to cut essential public spending.
COMMENTARY / World
Sep 27, 2024
The world needs bigger and better financial firefighters
The world's multilateral development banks must shift to a growth-focused approach that stabilizes economies without forcing them to cut essential public spending.
The Federal Reserve building in Washington. Federal Reserve Chair Jerome Powell said last week he felt that the pre-pandemic years during which the Fed's rate hovered near zero for years and Europe delved into the exotic world of negative rates are gone for good.
BUSINESS / Economy
Sep 27, 2024
A global hunt for neutral rates to shape world finance costs
Policymakers are exploring whether the rates required to keep inflation in check and economies growing are higher now than the ultra-low ones before the pandemic.
Toru Yamasaki, president of San-in Godo Bank, says buying the Japanese government bonds are better for a regional bank like his than foreign debt.
BUSINESS / Companies
Sep 24, 2024
Japan bank stung by 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.
Four Japanese private-sector banks including MUFG Bank will participate in an international demonstration test for cross-border payments using digital currencies led by the Bank for International Settlements.
BUSINESS
Sep 23, 2024
Four Japanese banks participate in digital currency project
MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank and SBI Shinsei Bank will participate in the project.
A closure order on the door to the Ramallah Al Jazeera office in the West Bank after the Israeli raid on Sunday
WORLD / Politics
Sep 22, 2024
Israel forces raid Al Jazeera TV in West Bank and order 45-day closure
The Israeli parliament passed a law in early April allowing the banning of foreign media broadcasts deemed harmful to state security.
A Tokyo Star Bank branch in Tokyo
BUSINESS / Companies
Sep 13, 2024
Tiny Japan bank looks to grow by lending to offshore homebuyers
Japan’s weak yen and low interest rates have drawn overseas interest in Japanese property and boosted prices.
Palestinians search for survivors of an Israeli strike in the Shejaiya suburb east of Gaza City on Thursday. A report by the United Nations Conference on Trade and Development described the economy of the Gaza Strip as being "in ruins" more than 11 months after the start of the Israel-Hamas war.
BUSINESS / Economy
Sep 13, 2024
Gaza economy shrinks to less than a sixth of its pre-war size, U.N. says
A document from the U.N.'s trade agency also describes "a rapid and alarming economic decline" in the occupied West Bank.
A person holds an image of Turkish-American activist Aysenur Ezgi Eygi, who was shot dead by Israeli forces, as Palestinians march to honor her in Nablus, in the Israeli-occupied West Bank on Sunday.
WORLD / Politics
Sep 11, 2024
Death prompts U.S. to demand overhaul of Israeli conduct in West Bank
Israel's military said the American protester's death was unintentional, and it voiced deep regret.
Medics rush a U.S. citizen who received a gunshot wound to the head to the emergency ward of a hospital in Nablus, in the occupied West Bank, on Friday.
WORLD
Sep 7, 2024
Israeli troops shoot Turkish American woman dead at West Bank protest
The White House said it was deeply disturbed by the death of Aysenur Ezgi Eygi and called on Israel to investigate.
Cows graze in a field near the Green Bank Telescope, a 100-meter fully steerable radio telescope, at the Green Bank Observatory in the U.S. National Radio Quiet Zone in Green Bank, West Virginia, on May 20.
WORLD / Science & Health
Sep 2, 2024
Inside the 'golden age' of alien hunting at the Green Bank Telescope
If intelligent life exists out there, there's a good chance the teams at the world's largest fully steerable radio astronomy facility will be the first to know.
A Palestinian woman reacts as she walks along a street damaged during a raid in the Nur Shams camp near the city of Tulkarem in the Israeli-occupied West Bank on Wednesday.
WORLD
Aug 29, 2024
Israeli conducts deadly raids in West Bank as Gaza war rages
Israel launched coordinated raids across four northern West Bank cities where the military has focused much of its recent operations.
Lawson Bank's automated teller machines. The number of Lawson Bank ATMs installed outside convenience stores rose to 174 as of the end of June from 80 three months before.
BUSINESS
Aug 21, 2024
Convenience store ATMs on the increase in Japan
Competition for making ATMs multifunctional, going beyond just withdrawing cash, and more user-friendly has been intensifying.
A drone view of Neve Daniel, a Jewish settlement in the Israeli-occupied West Bank, on March 12
WORLD
Jul 22, 2024
Israeli settlers court Republican religious right after Hamas attacks
While Donald Trump has suggested U.S. policy could change, neither he nor the Republican Party have been explicit about their position toward a Palestinian state.
Hiroshi Matano, executive vice president of the World Bank Group's Multilateral Investment Guarantee Agency, during an interview in Washington on Tuesday.
BUSINESS / Economy
Jul 8, 2024
World Bank official backs Japan to show regional climate leadership
There is significant room for emissions reductions in the Asia-Pacific region.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’