Major Japanese financial institutions are reviewing their strategies on the locations of business footholds in Europe in the run-up to Brexit, Britain's exit from the European Union. Sumitomo Mitsui Financial Group Inc. and Nomura Holdings Inc. have started preparations to set up subsidiaries in Frankfurt, ...
Africa's greatest hope may be in the commercial advance of technology.
Japan and China are planning to discuss financial issues on May 7 in Yokohama in the first session of the bilateral dialogue in nearly two years, sources said Wednesday, reflecting a recent thaw in relations. Finance Minister Taro Aso and his Chinese counterpart Xiao Jie ...
A long-term shift to low interest rates in major economies will heighten challenges to global financial stability by stressing banks and other financial companies, according to an International Monetary Fund paper released Thursday. Part of the IMF's twice-annual review of financial stability, the report follows ...
The leaders of the International Monetary Fund and the World Bank pledged Thursday to redouble efforts to bolster shaky global growth prospects and combat increasing political attacks on free trade and other hallmarks of globalization. IMF Managing Director Christine Lagarde and World Bank President Jim ...
For decades, Hong Kong thrived as an Asian business hub thanks to its killer combination of Western freedoms, independent courts and closeness to mainland China's booming market. Now political and economic ills from the mainland are eroding that edge. Swedish-Chinese author Gui Minhai was counting ...
Finance Minister Taro Aso said in his new year policy speech Friday that he will "certainly" go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan's efforts to return to fiscal ...
With startups offering financial technology services raking in billions of dollars around the world, fintech, coined from "finance" and "technology," has become a buzzword that old guards at big name financial institutions can no longer ignore. Originally a term to describe computer technology applied to ...
Finance Minister Taro Aso and his South Korean counterpart agreed Saturday to boost momentum in financial and economic ties, resuming their regular bilateral talks after a hiatus of over two years amid strained diplomatic relations. Aso and South Korean Strategy and Finance Minister Choi Kyung-hwan ...
The history of markets is, in part, the history of lying, cheating and stealing — and efforts to fight commercial crime.
The amount of assets held by households rose 2.7 percent from a year earlier to a record ¥1.654 quadrillion at the end of September, surpassing the previous record of ¥1.645 quadrillion set at the end of June, according to data Thursday from the Bank ...
Finance Minister Taro Aso said Saturday he and his Chinese counterpart, Lou Jiwei, agreed to prepare for a resumption of regular bilateral talks suspended since April 2012 amid souring relations. During the first bilateral meeting between the finance ministers of Japan and China in over ...
