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Fed hikes benchmark rate for third time this year, foresees three more in 2018 under Yellen’s successor

via The Japan Times    Dec 14, 2017

Federal Reserve Chair Janet Yellen speaks during a news conference following the Federal Open Market Committee meeting in Washington Wednesday. The Fed said Wednesday that it's lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers. | AP

The Federal Reserve is raising its benchmark interest rate for the third time this year, signaling its confidence that the U.S. economy remains on solid ...

President says half of Uny superstores to be converted into Don Quijote outlets

via The Japan Times    Dec 08, 2017

Major Japanese retailer FamilyMart Uny Holdings Co. will convert about half of its Uny superstores into discount retail outlets operated by its business partner Don ...

20 years after Yamaichi’s collapse, Japanese securities industry still grappling with recovery

via The Japan Times    Dec 03, 2017

Yamaichi Securities Co.'s collapse in 1997 triggered a domestic financial crisis that led to decades of weak growth and prolonged deflation in Japan. | BLOOMBERG

The failure in 1997 of Yamaichi Securities Co., then one of Japan’s Big Four brokerage houses, kicked off a turbulent era that brought about significant ...

Nippon Life to buy 25 percent of U.S. asset manager TCW from Carlyle

via The Japan Times    Dec 03, 2017

Nippon Life Insurance Co. has reached a deal to acquire 24.75 percent of U.S. investment firm TCW Group Inc. from U.S. asset manager Carlyle Group ...

The consummation of cool is a funny business for comedian Ike Nwala

By Baye Mcneil
- via The Japan Times    Nov 29, 2017

It's no joke: Comedian and actor Ike Nwala talks about the dedication needed to break  into comedy in Japan. | NICK SEAGREAVES

Turn on the TV in Japan and you’re likely to see a black face from time to time. Rarely will it be in a drama, ...

Procurri’s technology meets all IT needs

   Oct 03, 2017

Singapore-based IT services provider Procurri has attracted the attention of the business world for its well-planned expansion around the world and its well-considered acquisitions and partnerships.

Peru’s oldest bank gears up for influx of foreign investment

By Karl Cryer
-    Jul 20, 2015

With middle-term economic growth forecasts looking bright, Peru's biggest bank is gearing up for an expected surge in foreign investment.

Peruvian law firms become first stop for Asian business

By Karl Cryer
-    Jul 20, 2015

Miranda & Amado, a law firm based in the Peruvian capital Lima, has seen increased interest from Asian companies wanting to operate in the country.

Indonesian bike maker’s next stop: Europe

By Karl Cryer
-    Mar 30, 2015

Indonesia's Polygon Bikes is banking on its growing reputation to achieve success in Europe and elsewhere in Asia-Pacific.

Indonesian conglomerate aims to lead in banking and healthcare

By Karl Cryer
-    Mar 19, 2015

Jakarta-based Mayapada Group hopes to be the next big player in Indonesian banking following its alliance with Taiwan's Cathay Life Insurance.




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