ECONOMY > Finance

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ECONOMY > Finance

Univ. of Tokyo joins FSA on financial-crisis research

Japan’s leading university and the Financial Services Agency have started working on a project to prevent future financial crises.   An agreement was signed by University of Tokyo President Fujii Teruo and FSA Commissioner Nakajima Junichi.   The two sides will analyze massive volumes of data provided by the agency and other organizations. Researchers will use the information in joint….Read more

  • June 1, 2023
  • English Press

ECONOMY > Finance

Japanese banks prepare to launch stablecoins

KEITA SEKIGUCHI, Nikkei fintech editor, and NATSUMI IWATA, Nikkei staff writer   TOKYO — Japanese banks small and large are on track to start issuing stablecoins this year under legislation taking effect Thursday.   Stablecoins — cryptocurrencies pegged to legal tender, a commodity, or another underlying asset — are designed to buffer against major fluctuations in value. Examples include Tether….Read more

  • June 1, 2023
  • , Nikkei Asia , 03:06 a.m.
  • English Press

ECONOMY > Finance

Japan lender teams with U.S. investment bank on Europe VC fund

YUKI NAKAMURA, Nikkei staff writer   TOKYO — The Japan Bank for International Cooperation has partnered with U.S.-based FF Venture Capital to launch a 60 million euro ($64 million) fund investing in startups in seven Central and Eastern European countries.   The fund will be run by FF and a joint venture between JBIC and Japanese consulting firm Industrial Growth….Read more

  • May 31, 2023
  • , Nikkei Asia , 06:08 a.m.
  • English Press

ECONOMY > Economic Indicators

Chip equipment makers brace for sales decline on memory slump

Seven out of the nine top chipmaking equipment manufacturers are likely to log a sales decline in the current quarter as client companies rein in capacity investment in the face of a worsening semiconductor market.

  • May 21, 2023
  • , Nikkei Asia , 05:13 a.m.
  • English Press

ECONOMY > Economic Indicators

Surge in job hopping boosts Japanese wages

Job hopping has become a key driver of pay increases in Japan. The average salary offered to midcareer job seekers rose 3% over the year through February, compared to an overall wage increase of 1.2%. In 2022, a record 33% of job switchers saw pay increases of 10% or more.

  • May 20, 2023
  • , Nikkei Asia , 12:17 p.m.
  • English Press

SCIENCE > Technology

Micron to invest $3.6bn in Japan for DRAM chips: CEO

Micron Technology, a U.S. chipmaker, will invest up to 500 billion yen ($ 3.6 billion) in Japan over the next few years, including a plant in Hiroshima prefecture that makes DRAM chips.

  • May 18, 2023
  • , Nikkei Asia , 05:15 p.m.
  • English Press

ECONOMY > Energy

Japan firms to invest 18 b. pounds in Britain

London, May 18 (Jiji Press)–Major Japanese companies will invest almost 18 billion pounds in projects across Britain including clean energy, the British government said Thursday.   The investments by the Japanese businesses including trading houses Marubeni Corp. and Sumitomo Corp. will create high-skilled jobs and drive technology innovation, the government said.   Japans is the fifth largest investor in Britain.….Read more

  • May 18, 2023
  • , Jiji Press , 11:26 p.m.
  • English Press

ECONOMY > Economic Policy

Japan’s giant of central banking

BY KOICHI HAMADA   NEW HAVEN, CONNECTICUT – Haruhiko Kuroda’s 10-year tenure at the helm of the Bank of Japan was the most consequential in the central bank’s history. Following his departure last month, it is worth reflecting on his record.   When former Prime Minister Abe Shinzo (who was assassinated last year) appointed Kuroda to lead the BOJ in….Read more

  • May 12, 2023
  • , The Japan Times
  • English Press


G7 treasury heads vow to prevent financial crisis

All Sunday papers reported on the conclusion of the G7 financial ministerial meeting in Niigata on Saturday, saying that the participants expressed confidence in the global financial system despite recent turmoil in the banking industry. In a joint statement released after the meeting, they pledged to take appropriate actions to ensure stability in the financial sector. The papers focused on….Read more

  • May 14, 2023
  • , All national papers
  • JMH Summary

ECONOMY > Finance

Sumitomo Mitsui Trust teams with American VC to support startups

HARUKI KITAGAWA, Nikkei staff writer   TOKYO — Japan’s Sumitomo Mitsui Trust Bank will partner with U.S.-based venture capital firm Carbide Ventures to support Japanese startups, working toward offering products accessible to retail investors.   Hurdles for individuals to invest in venture capital funds tend to be high, due to their frequently low liquidity, large minimum investment requirements and a….Read more

  • April 26, 2023
  • , Nikkei Asia , 02:08 a.m.
  • English Press
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