Japan's online brokerages target individual investors with new services in bid for survival
Online securities firms in Japan are fighting for survival by diversifying services in the wake of a sharp drop in stock broker fees following their full liberalization 20 years ago. "The time when we could compete by lowering fees is over," said Rakuten Securities Inc. ...
Cash loses cachet as 'king' trading strategy in Japan
Cash is king, unless you are in Japan. One successful trading strategy has recently lost its luster, thanks to the Bank of Japan's never-ending obsession with negative interest rates. When a global recession looms, investors tend to hug stocks that pay handsome dividends. Cash rewards ...
Gone in 146 seconds: Japan's investors race to buy SoftBank bonds
Monex Group Inc.'s online brokerage sold out ¥500 million ($4.6 million) of SoftBank Group Corp. bonds to individual Japanese investors in less than three minutes earlier this week, a sign of strong demand for the conglomerate's debt despite skepticism about some of the company's ...
Nikkei tumbles as progress on Japan-U.S. trade pact fails to calm trade war fears
Analysts say markets are reeling and that there are no bullish factors that could reverse the trend immediately.
Tokyo-Seoul row hits economies
The escalating feud between South Korea and Japan is heightening concerns about the fallout for global supply chains, financial markets and economic growth. What started as a dispute over colonial-era grievances has snowballed over the past two months, with relations deteriorating to the lowest point ...
Hong Kong faces losses as Chinese firms reconsider IPOs in the city
Several Chinese companies are rethinking fundraising plans in Hong Kong as anti-government protests rock the city — an ominous sign for its future as a financial gateway between Asia's largest economy and the rest of the world. One company scrapped preliminary preparations for a $500 ...
Two of Japan's largest regional banks agree to business partnership
The Bank of Yokohama and Chiba Bank, two top regional lenders, said they have agreed to a business tie-up in a move that could trigger further realignment in the industry.
Beijing to end some foreign ownership controls one year early, China's Li says
China will remove foreign ownership limits on securities and insurance companies in 2020, one year ahead of schedule, and will roll out necessary measures to shore up the nation's slowing economy, Premier Li Keqiang said Tuesday. Amid China's trade tensions with the United States, Li ...
Trump tells trade officials to consider $100 billion more in new tariffs on China
President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fueling an already heated trade dispute between the world's two biggest economies. Trump said in a statement the further tariffs were being considered "in ...
'Shut up and let me trade': How the week that rocked stock markets went down
One of the wildest runs in U.S. stock-market history began with the collapse of arcane bets on volatility and ended with a sober realization: The easy ride is over. After heart-stopping swings in the Dow (Down 1,000 points! Up 500 points!), a market correction ...
Being an ideologue means you're always right
Despite the protests of committed free-marketers, the U.S. public is ready to embrace alternatives to neoliberalism.
Tohoku Electric to start coal swaps to hedge price swing risks from liberalization
Tohoku Electric Power Co., Japan's third-biggest coal user, will start trading coal swaps for the first time to manage price volatility risk as it prepares for liberalization of the electricity market. The Sendai-based utility plans to begin using swap contracts against the Newcastle coal index ...
