Tag: japan

The Hong Kong-based banker was most recently the bank's head of technology and communications corporate banking for Japan, Asia North and Australia, and Asia South.

The Bank of Japan raised its policy rate to the highest level since 1995 and and said it will stop paring back its bond purchases from April 2027, amid rising energy costs and firming inflation expectations. The US Fed has held rates steady at the new chair’s first meeting.

Japan’s yen fell this this week to an 18-month low against the dollar as Japanese prime minister Sanae Takaichi seeks to shore up her coalition.

The global professional services firm describes itself as a "challenger" in the market and has hired several senior directors from rivals as it targets tax and M&A advice.

Aavishkaar Capital provides credit to mid-sized MSMEs operating in the supply chain with a social and environmental impact, in India, emerging Asia such as Indonesia and Vietnam, and Africa.

Tanar is currently ANZ country head for Germany and will replace Mitchell Mason; the bank sees growth opportunities across markets, financial institutions and DCM.

Joy Kwek joins from Morgan Stanley and is tasked with increasing the synergy between SMBC and SMBC Nikko, and strengthening their capital markets and structured solutions offering.

Tariffs ‘reduced’ to 15% for Japan and 19% for the Philippines, following a deal with Indonesia earlier in the week.

The economy, which climbed over ¥600 trillion for the full year, was bolstered by exports and private consumption. In 2024, more than 36 million people visited the country, spending a record amount.

Alipay+ now claims to connect over three million local merchants in Japan to international tourists, up from some two million back in March.

After prime minister Shigeru Ishiba failed to win a majority in the House of Representatives after a snap election, the yen fell to a three month low, with the Bank of Japan's monetary policy board set to meet later this week.

The FX market is awaiting the outcome of the BOJ meeting this week, with BNY anticipating three rate rises this year.