TOKYO, Mar 30 (Nikkei) –
Mizuho Financial Group and messenger app Line are making ready to desert plans to develop smartphone-based Line Bank, Nikkei realized on Wednesday, after price overruns and delays allowed opponents to hit the market first.
Mizuho Financial Group and messenger app Line are making ready to desert plans to develop smartphone-based Line Bank, Nikkei realized on Wednesday, after price overruns and delays allowed opponents to hit the market first.
The two corporations stated in November 2018 that subsidiaries Mizuho Bank and Line Financial would spend money on and set up a web-based financial institution. Mizuho’s stake within the preparatory firm most lately stood at 66.6%, with Line holding the remaining 33.4%. Each firm has 50% voting rights.
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Mizuho and Line to scrap on-line financial institution challenge in Japan
Nikkei – Mar 30
Mizuho Financial Group and messenger app Line are making ready to desert plans to develop smartphone-based Line Bank, Nikkei realized on Wednesday, after price overruns and delays allowed opponents to hit the market first.
Japan outlaws ‘stealth advertising and marketing’
NHK – Mar 30
Japan’s Consumer Affairs Agency has moved to crack down for the primary time on the shady promoting observe often known as stealth advertising and marketing.
BOJ’s paper loss on bond holdings spikes tenfold
Nikkei – Mar 18
The Bank of Japan’s paper loss on Japanese authorities bond holdings grew greater than 10 occasions on the finish of final yr from three months earlier as rises in long-term charges undercut the worth of the belongings.
Japan’s large companies provide largest pay rises in many years
nasdaq.com – Mar 15
Japan’s prime corporations provided their largest pay will increase in 1 / 4 century on Wednesday, as the end result of annual labour talks confirmed Japan Inc heeding Prime Minister Fumio Kishida’s requires greater wages to counter a surge in inflation.
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