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Giappone
Bank of Japan cuts assessment of two regional economies
The Bank of Japan downgraded its economic assessment of two of the country’s nine regions on Thursday, citing damage caused by the Kyushu earthquakes in April and slowing personal consumption amid falling share prices. The central bank downgraded its assessment of the Chugoku region and of the Kyushu and Okinawa ...
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Giappone
Dollar hovers around ¥101 in range-bound trading
The dollar hovered around ¥101 in Tokyo trading late Thursday after moving in a narrow range in the absence of major trading factors. At 5 p.m., the dollar stood at ¥101.02-02, up slightly from ¥100.98-99 at the same time Wednesday. The euro was at $1.1063-1063, roughly unchanged from $1.1065-1065, and ...
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Giappone
Japan Atomic Power to join Hitachi’s nuclear plant business in Britain
Japan Atomic Power Co. will join Hitachi Ltd.’s nuclear power plant business in Britain, informed sources said Thursday. The two companies will soon sign a cooperation agreement to make Japan Atomic Power the first Japanese power supplier to take part in an overseas nuclear power plant business in full scale. ...
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Giappone
Ruby Roman grapes fetch record ¥1.1 million in season’s first auction
A batch of Ruby Roman table grapes, one of the most expensive in Japan, fetched a record ¥1.1 million ($10,900) Thursday in the year’s first auction at a wholesale market in Kanazawa, Ishikawa Prefecture, beating last year’s ¥1 million bid. Of the 46 batches of Ruby Roman grapes auctioned off, ...
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Giappone
Mizuho to spur small-business advisory income by adding 200 more bankers
Mizuho Financial Group Inc. is increasing its pool of bankers who advise small Japanese businesses on matters ranging from investing to going public as part of a push to spur fee income at the nation’s third-biggest banking group. Tokyo-based Mizuho seeks to boost the number of bankers covering small and ...
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Francia
Abu Dhabi, Paris sign deal for greater financial ties
Abu Dhabi Global Market and Paris Europlace ink agreement to work on areas such as Fintech and green finance
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Francia
Paris Europlace : Mon ami, c’est le capital-risque
Plutôt que dérouler le tapis rouge fiscal au monde de la finance, la France devrait améliorer son attractivité en matière de capital-risque.
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Regno Unito
Picking losers
SPARE a thought for Brammer, a British supplier of bearings and other industrial gear for factories in Europe. The exporter had boasted revenues of £717m last year (then $960m), but sales dipped before the referendum. Brammer now faces a rout, amid warnings of slumping demand and currency headaches (because the ...
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Regno Unito
Flying blind
Have you seen my balance-sheet? AN OWNER who is lying low in London, a slew of government agencies investigating fraud, a consortium of 17 banks facing hefty losses: winding up Kingfisher Airlines, an Indian carrier that stopped flying in 2012 under a pile of debts, always looked likely to make the ...
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USA
The two faces of USA Inc
THE leaders of America’s multinational firms are usually a picture of self-control, with sincere handshakes, grown-up hair and scripted sound bites. But ask them about the election and emotion takes over. At a drinks party in Manhattan, a mega-bank’s boss froths that Donald Trump is a madman. Thumping an office ...