Paper: Japan Bank to Stop Buying Stocks
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Japan's central bank plans to end its unprecedented policy of buying stocks from the nation's banks this month, a sign that its purchases over the past two years have helped restore stability to the financial system, Britain's Financial Times newspaper reported Wednesday.
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TOKYO  - Japanese financial authorities announced Friday they would shut down Citibank's private banking business in the country after finding "severe legal violations" in its operations.
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Japan is losing its appeal among international investors, the head of the Tokyo Stock Exchange warned Friday following a dire 2007 for Asia's largest stock market.
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Japan on Friday ordered Citigroup Inc. (CN: Quote, Profile, Research) to close its Japanese private banking offices after uncovering a series of
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Britain's Cable and Wireless is in talks to quit Japan by selling its money-losing Japanese unit to Softbank or an investment firm in Tokyo.
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Japan has ordered the commercial banking unit of Citigroup to close its Japanese private banking offices, shutting it out of the lucrative business and
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FRANKFURT Commerzbank, stung by its foray into the volatile world of proprietary trading, announced Tuesday it would shut down the bulk of its investment banking operations outside Germany.
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Tokyo, June 5 (Jiji Press)--The balance of shares bought on margin in Japan dropped last week as individual investors took profits on rising stocks, a Tokyo Stock Exchange report showed Tuesday.
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Citigroup Inc. , the largest U.S.  bank, plans to list on the Tokyo Stock Exchange later this  year, a move that could make it easier to buy Japanese firms  through stock swaps, the Nihon Keizai (Nikkei) business daily  reported on Sunday.
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Japanese stocks fell Friday as investors sold stocks to settle futures options, with many buyers remaining on the sidelines ahead of talks among the finance chiefs of the Group of Seven industrialized countries.
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Japanese firms cut capital spending by  4.9 percent in April-June from a year earlier, data showed on  Monday, confounding forecasts and adding to views that the Bank  of Japan will hold off from raising rates this month.
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Japanese stocks snapped a seven-day losing streak Thursday, as concerns eased about the possibility of major Japanese banks becoming entangled in a fund to deal with the U.S. home loan crisis.
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UFJ Holdings Inc., Japan&#39;s fourth- biggest lender, said it hasn&#39;t finalized its earnings outlook. UFJ plans to eliminate more than 700 billion yen ($6.
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Japanese stocks fell Thursday as traders sold real estate and shipbuilders amid concern about the slowdown of Japan's economy.
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Japan&#39;s Supreme Court has ruled that UFJ bank can pull out of a deal to sell its trust business to rival Sumitomo. The ruling removes a key obstacle to a planned merger between UFJ and Mitsubishi Financial, which would create the world&#39;s biggest bank.
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TOKYO, Japan -- Japanese stocks are lower at midday Tuesday after Wall Street declined. Techs, banks and carmakers are in the red.
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Japan&#39;s Nikkei 225 Stock Average dropped for a second day in three. Banks such as UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc.