Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran’s Foreign Minister Mohammad Javad Zarif and Japanese Foreign Minister Toshimitsu Motegi ​bump elbows during a meeting in Tehran, Iran August 22, 2021. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS DUBAI, Aug 22 (Reuters) – Iran’s President Ebrahim Raisi called on Japan to release Iranian funds frozen in the country because of U.S. sanctions, Iranian state TV reported after…
After the “bazooka”, the Bank of Japan dismantles its radical chief’s work – Texas News Today

After the “bazooka”, the Bank of Japan dismantles its radical chief’s work – Texas News Today

File Photo: Bank (Finance & Banking Trends) of Japan President Haruhiko Kuroda attended a press conference held in Tokyo on January 21, 2020. REUTERS / Kim Kyung-Hoon / File Photo September 12, 2021 Reika Kihara Tokyo (Reuters) – A long-standing shock and awe-inspiring Bank (Finance & Banking Trends) of Japan, a controversy that quietly recedes the radical policies introduced by…
SBI Holdings seeks up to 48% stake in Shinsei Bank in tender offer

SBI Holdings seeks up to 48% stake in Shinsei Bank in tender offer

TOKYO — Japanese financial group SBI Holdings said on Thursday that it plans to increase its stake in Shinsei Bank (Finance & Banking Trends) to 48% through a tender offer, launching an unsolicited bid for the rival lender. SBI, whose businesses include online stock trading, insurance and venture capital, already holds a stake of more than 19% in the bank.…
SBI’s Shinsei bid lifts Japan financial shares on consolidation hopes

SBI’s Shinsei bid lifts Japan financial shares on consolidation hopes

By Hideyuki Sano 3 Min Read TOKYO (Reuters) – Japanese financial group SBI Holdings’s unsolicited bid for Shinsei Bank (Finance & Banking Trends) sparked a rally in Japanese financial shares on Friday on hopes it could accelerate further consolidation among struggling Japanese banks. FILE PHOTO: A woman walks past a logo of the Shinsei Bank (Finance & Banking Trends) at…
Japanese regional bank earnings may lose momentum as government support ends

Japanese regional bank earnings may lose momentum as government support ends

Japan‘s regional banks may not be able to sustain the spurt in their income seen in the April-to-June quarter as they need to step up provisioning for potential bad loans after a government support program ended. Japan‘s regional banks, such as The Bank (Finance & Banking Trends) of Kyoto Ltd. and Concordia Financial Group Ltd., are often the primary lenders…
Novatek says Japan, China may boost Arctic LNG 2 funding as EU cools

Novatek says Japan, China may boost Arctic LNG 2 funding as EU cools

VLADIVOSTOK, Russia, Sept 3 (Reuters) – Japanese and Chinese banks may provide more funding for Russia’s Arctic LNG 2 project amid a lack of support from European governments, Leonid Mikhelson, head of the project’s major shareholder Novatek (NVTK.MM), said on Friday. Shareholders in Russia’s Novatek this year approved external financing of $11 billion for the Arctic LNG 2 project, which…
Japan’s Mizuho suffers another glitch hitting branches nationwide

Japan’s Mizuho suffers another glitch hitting branches nationwide

Mizuho Bank (Finance & Banking Trends)‘s signboard is pictured in Tokyo, Japan, Jan. 25, 2017. REUTERS/Kim Kyung-Hoon Glitch affected branches of banking, trust bank units Latest tech trouble at Japan‘s No.3 lender Bank (Finance & Banking Trends) touted tech investments before series of outages TOKYO, Aug 20 (Reuters) – Mizuho Financial Group’s (8411.T) main banking unit suffered a system glitch…
Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran urges Japan to release billions in blocked funds amid U.S. sanctions

Iran’s Foreign Minister Mohammad Javad Zarif and Japanese Foreign Minister Toshimitsu Motegi ​bump elbows during a meeting in Tehran, Iran August 22, 2021. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS DUBAI, Aug 22 (Reuters) – Iran’s President Ebrahim Raisi called on Japan to release Iranian funds frozen in the country because of U.S. sanctions, Iranian state TV reported after…