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Showing 81 - 90 of 1873 results for %22Bank of Japan%22

Japanese bank makes major voting blunder

ALLY SELBY  |  FRIDAY, 25 SEP 2020
... to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings. Sumitomo Mitsui Trust Bank (SuMi TRUST Bank) admitted to the major miscount after its client Toshiba Corporation called for an investigation into a voting ...

First Sentier completes global rebrand

ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... Colonial First State Global Asset Management was renamed First Sentier Investors in September last year after Commonwealth Bank sold it to Japanese banking giant MUFG Group for $4 billion. First Sentier Investors chief executive officer Mark Steinberg ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... negative growth: -7.0% (annualised) in the December 2019 quarter and -2.3% in the March 2020 quarter. The au Jibun Bank Japan PMI survey underscores the improvement in activity. Although still in contraction territory (below the 50 reading), the composite ...

Aware Super, Lendlease execute $200m recapitalisation

ALLY SELBY  |  FRIDAY, 18 SEP 2020
... recapitalisation loans on assets in Boston and Chicago, working with Japan's Sumitomo Mitsui Banking Corporation and Singapore's OCBC Bank to close the deals. Lendlease and Aware Super - formerly First State Super - established a $2 billion investment ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
"I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict measures, the virus won't be fended off. We fought hard, this is our payback." Zhang Yong, a small taxi company owner in Wuhan, is ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... $437.2 billion in December 2019 and $305.44 billion as of August 2020. Other notable banks to take a percentage hit were the Bank of China (-23.68%), BNP Paribas (-26.2%) and MUFG (-23%). Buy Shares said banks went into the pandemic stronger and it might ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... credited with "Abenomics" - coined for his "three arrows" strategy: accommodative monetary policy aimed at achieving the Bank of Japan's (BOJ) 2% inflation target; increased fiscal spending aimed at raising the country's growth rate to 2%; and ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... uncertainty surrounding the pandemic - and recent reports of hiccups in the UK/Euro Brexit negotiations -- so much so that the Bank of England (BOE) and the Exchequer remain on their toes. The BOE kept the Bank Rate unchanged at its July meeting after ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... consecutive quarter of decline and is the sharpest since the March 2016 quarter - one of the factors that prompted the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same ...