Last year, attention on the Bank of Japan focused squarely on its nine-member board and the thinking of key officials at the monetary affairs department. After six months of monetary policy on cruise control, and little prospect of change in 2017, the spotlight has turned ...
Donald Trump has said a lot of things that, were he a sitting U.S. president instead of a candidate for the job, could be expected to roil financial markets. If investors were taking the Republican presidential nominee at his word, they would be selling shares ...
Ford Motor Co. is pulling out of Japan, saying market conditions have made it difficult to grow sales or make sustained profits.
On Daiwa Securities Group Inc.'s Tokyo trading floor, Yukio Ikehata is spending more time listening to clients than processing orders to buy stocks. "With volatility so high, a lot of investors are waiting things out," said Ikehata, head of international sales trading at Daiwa. "Everyone ...
From the dark alleys of Pyongyang, the showpiece North Korean capital, tiny specks of torchlight shine carefully into the eyes of passersby, leading to bustling and illegal street markets where traders, usually women, call out "buy, buy!" The maeddugi shijang, or grasshopper markets, get their ...
SoftBank Group Corp. said Thursday it will raise a total of ¥533.7 billion through a series of new corporate bond issues later this month for debt repayment and to acquire working capital. The telecommunication and Internet business group will issue 7-year and 10-year dollar-denominated bonds ...
Japanese policymakers on Monday pledged to work closely to guard against financial market volatility after Greek voters rejected eurozone austerity measures. "The direct economic and financial relations between Japan and Greece are limited. But government and Bank of Japan officials have held discussions early this ...
Sony Corp.'s plan for its first share sale in 26 years is straining investors' faith in Chief Executive Officer Kazuo Hirai's ability to deliver on growth promises. The company plans to raise about ¥440 billion ($3.6 billion) by selling common stock and convertible bonds to ...
Sumitomo Mitsui Financial Group Inc. is on track to be the biggest manager of yen-bond sales for the first time, suggesting its 2009 acquisition of Citigroup Inc.'s operations in the business is bearing fruit. Japan's second-largest bank managed ¥963.5 billion ($7.7 billion) in local currency-denominated ...
The history of markets is, in part, the history of lying, cheating and stealing — and efforts to fight commercial crime.
Chinese officials should be under no illusion that free markets are a panacea for the financial sector.
Asia has come a long way since 1997. But rapid growth and its unquestioned success in surviving the global meltdown has revived a hubris that policymakers need to own and analyze.
