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Regulators To Oversee Computer System Failures At Mizuho

  • Category:Other
JAPAN TODAY
 
Japan's financial watchdog said Wednesday it requested Mizuho Financial Group Inc and its banking arm Mizuho Bank to submit a work plan for system maintenance after a series of system failures this year, in a rare move to effectively oversee the system of a major bank.
The Financial...

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Tokyo Stocks Sink As Investors Cautiously Await Fed Meeting Outcome

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JAPAN TODAY
 
Tokyo stocks fell Wednesday as caution prevailed before the outcome of the U.S. Federal Reserve's policy meeting, but the decline was limited with temporary relief provided by Chinese property developer Evergrande saying it will pay some bond interest.
The 225-issue Nikkei Stock Ave...

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Japan's Financial Regulators To Oversee Computer System At Mizuho Bank

  • Category:Other
KYODO NEWS
 
Japan's financial watchdog said Wednesday it requested Mizuho Financial Group Inc. and its banking arm Mizuho Bank to submit a work plan for system maintenance after a series of system failures this year, in a rare move to effectively oversee the system of a major bank.
The Financial...

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Japan's Nikkei 225 Falls 2% As Investors Monitor Evergrande Developments

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CNBC
 
Key PointsShares in Asia-Pacific were mixed in Tuesday trade, with Japan’s Nikkei 225 falling 2.17% following its return from a Monday holiday.The liquidity crisis over at China Evergrande Group continued weighing on investor sentiment regionally on Tuesday.Markets in mainland China and So...

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Uber Eats To Be Available In All 47 Prefectures In Japan

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THE JAPAN NEWS
 
Uber Eats Japan will launch services in Tokushima, Matsue, Tottori and Fukui from Sept. 28, the food delivery platform has announced.
The platform is currently used to order food from restaurants and other dining facilities in 43 prefectures in Japan. Its launch in these four cit...

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Japan Exports Slow as Supply Chain Hiccups Hit Factories

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US NEWS
 
Japan's exports rose 26% in August from a year earlier, below analysts' forecasts, as supply chain disruptions hit manufacturers.
Japan’s exports rose 26% in August from a year earlier, preliminary data released Thursday showed, below analysts’ forecasts, as supply chain disruptions hit...

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Fukushima Plant Failed To Probe Cause Of Faulty Filters

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AP NEWS
 
Officials at Japan’s wrecked Fukushima nuclear power plant have acknowledged they neglected to investigate the cause of faulty exhaust filters that are key to preventing radioactive pollution, after being forced to replace them twice.
Representatives of the operator, Tokyo Electric Powe...

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Japan's Securities Industry Group To Review IPO Price-Setting Process

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REUTERS
 
A Japanese brokerage industry group said on Wednesday it would review the process for setting the price of initial public offerings (IPO), responding to criticism from startups that IPO prices have often been too low and surged on market debuts.
The Japan Securities Dealers Association ...

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Costs Of Anti-Terror Measures Weighing On Japan Regional Banks

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JAPAN TIMES
 
Many regional financial institutions in Japan have decided to raise fees on overseas remittance in order to cover the growing costs of anti-terrorist financing measures.
Since the 2001 terrorist attacks on the United States, international efforts to monitor and combat money launderi...

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Toyota Cuts Global Production Further On Virus Issues, Chip Woes

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JAPAN TODAY
 
Toyota, the world's top-selling automaker, said on Friday it would further slash production in Japan and abroad because of ongoing virus disruptions and a chronic global chip shortage.
The Japanese car giant will cut output by 70,000 units in September and 330,000 in October, it sai...

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