Tag: japan
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Apollo’s Athene names ex-Goldman executive as Japan head to drive reinsurance push
TOKYO, July 1 : Athene, the insurance business of Apollo Global Management, has appointed Larik Hall as head of Japan, as the U.S. asset manager ramps up operations in the country, according to a company document reviewed by Reuters.Hall, previously a managing director at Goldman Sachs Ayco, will lead efforts
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Familiar failings leave Japan at World Cup crossroads
DALLAS, June 30 : Despite coach Hajime Moriyasu’s pre-tournament declarations that his team should challenge for the title, Japan will travel home from the World Cup having been knocked out in a fashion that has become all too familiar.The 2-1 loss to Brazil in Houston on Monday carried echoes of Japan’s elim
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Some rising market risks to watch out for in the second half
The rapid growth of leveraged ETFs has introduced a relatively new source of market risk that can mechanically amplify both rallies and selloffs.
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Rakuten satellite project to receive up to $912 million in Japan govt grant
TOKYO, June 30 : The Japanese government will grant up to 148 billion yen ($912 million) to Rakuten Group to help it build a satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial and telecommunications
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Analysis:Tokyo keeps powder dry as ‘line in the sand’ on yen shifts
TOKYO, June 30 : The yen’s break through a long-defended 162-per-dollar level to its weakest in four decades has reinforced expectations Japan may tolerate more yen weakness, with 165 increasingly viewed as the next line in the sand for official intervention.Unlike past rounds of dollar selling, analysts say
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Japan police investigate another suspected fatal bear attack
TOKYO: Japanese police are investigating another suspected fatal bear attack, a local official told AFP on Tuesday (Jun 30), as the number of such deaths remains unusually high.Bear attacks have been on the rise in Japan in recent years, something scientists attribute to a spike in the animals’ population and
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Japan says ready to act as yen hits 40-year low
TOKYO: Japan’s finance minister said on Tuesday (Jun 30) that authorities were ready to take “appropriate action” after the yen hit a 40-year low against the dollar.The currency has been sliding for years
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Dovish premier’s 2nd appointee joins Bank of Japan board
TOKYO, June 30 : Prime Minister Sanae Takaichi’s administration appointed Ayano Sato, seen as an advocate of loose monetary policy, as Bank of Japan board member on Tuesday, adding an important voice to debates over further rate increases.Ayano, a former academic, would be the second board member to be appoin
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Japan ready to respond to yen moves at any time, finance minister says
TOKYO, June 30 : Japanese Finance Minister Satsuki Katayama said on Tuesday authorities stood ready to respond appropriately against currency moves at any time, in the wake of the yen’s slide to a four-decade low.”This includes taking decisive action, as confirmed between Japan and the U.S.,” Katayama told a
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In Brazil, a World Cup clash pits homeland against home for vast Japanese community
SAO PAULO, June 29 : Alan Saito decided to wear both his Brazil and Japan jerseys to watch the World Cup showdown on Monday between the country where his grandparents came from and his own. The Japan jersey came on top, but he had yellow-and-green face paint, too.”Our hearts are divided,” said Saito, a 47-yea
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