Japan

Japan's SBI Holdings injects $20m into API software firm OpenLegacy

SBI will use the technology to establish the blockchain-based payment app MoneyTap.

Japan's SBI Holdings injects $20m into API software firm OpenLegacy

SBI will use the technology to establish the blockchain-based payment app MoneyTap.

JCB International, Oceanpayment ink joint merchant acquiring business

The JV will allow Oceanpayment to be JCB’s acquiring partner for cross-border payments.

Japan's central bank begins lending ETFs to investors

This is part of its move to enhance market liquidity for the instrument.

Bank of Japan retains policy rate

It maintained its short-term interest rate at -0.1% and the 10-year government yields at 0%.

Deutsche Bank appoints new Japan head of global transaction banking

Rei Motoyama will replace Peter Massion effective 1 January.

How foreign fintechs will buoy Japan's banking sector

They might introduce new business models and solve overcapacity, says a former central bank deputy governor.

Unhedged investments threaten Japan banks' overseas profits

This is expanding into leveraged loans and collateralised loan obligations (CLOs).

Japan banks' profit declines to persist despite overseas expansion

Any gains overseas will not be able to equal the size of domestic assets.

Chart of the Week: APAC non-performing assets to decline further in 2020

This will provide a buffer to declining asset quality of banks in the region.

Japan's online financial firm SBI Holdings buys 20% stake at Fukushima Bank

It plans to create a joint outlet that will offer mutual funds, insurance products, and loans.

Cards gain traction in cash-heavy Japan

Total card payments value will hit over $750b by 2022, according to analysts.

Japanese banks to undergo stress test to assess defenses: source

The banks' capital and liquidity positions will be evaluated.

Japanese regional banks assume more risk to boost bottomline

A crisis or similar shock would lead to downturns more impactful than the GFC.

$5b of Japanese megabank loans flow into Asian coal projects

Majority of the loans are financing coal projects in India, Indonesia and Vietnam.

Investment Made Easy - LINE Securities, a New Mobile Investment Service in Japan

The Emerging Mobile Investment Service Launched in Japan LINE Corporation launches the LINE Securities, a mobile investment service, August 20, 2019. Based on the joint venture agreement to form a business partnership to pursue financial businesses focused on the securities business, LINE Financial Corporation ("LINE Financial") and Nomura Holdings Inc. ("Nomura") established LINE Securities Preparatory Corporation on June 1, 2018.