National / Politics Jul 7, 2020

Kenji Okamura to become Japan's top currency diplomat

The government plans to name Kenji Okamura, director general of the International Bureau of the Finance Ministry, as Japan's top currency diplomat, sources familiar with the change said Tuesday. Okamura, 58, will become vice finance minister for international affairs, replacing Yoshiki Takeuchi, who took over ...

Japan to temporarily ease rules on regional banks' investments

Business Jun 5, 2020

Japan to temporarily ease rules on regional banks' investments

The Financial Services Agency will consider temporarily easing restrictions on regional banks' investments in nonfinancial businesses as a measure to support small firms vital to local economies amid the coronavirus crisis, FSA chief Toshihide Endo told Jiji Press on Thursday. The Financial System Council, which ...

Business Feb 7, 2020

Japan's online brokers turning to independent financial advisers to boost growth

Internet-based securities companies are tying up with independent financial advisers, or IFAs, which recommend suitable financial products. Online securities houses, which have been growing thanks to low brokerage commissions made possible by branchless operations, hope to reinforce their customer bases through IFAs' face-to-face tailored advice ...

Japan's FSA to cut automobile liability insurance premiums

Business Jan 16, 2020

Japan's FSA to cut automobile liability insurance premiums

The Financial Services Agency decided Thursday to reduce compulsory automobile liability insurance premiums from April. The move reflects the improved finances of the insurance program as wider use of vehicle safety devices such as automatic braking systems contribute to a decline in the number of ...