Bank of Japan may still opt for huge JGB buys, when it acts: Suda
TOKYO (Reuters) – The Bank of Japan is likely to hold off on expanding monetary stimulus for as long as possible but when it does act, it will take “extraordinary” steps such as buying government bonds on a massive scale, a former central bank policyma…
Asian stocks subdued on Ukraine caution, dollar firms vs. yen
TOKYO (Reuters) – Asian stock markets were subdued on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday.
Spanish banks face tough rivalry in small companies bet
MADRID (Reuters) – Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again.
Kraft recalls 96,000 pounds of hot dogs due to undeclared allergen
(Reuters) – Kraft Foods Group Inc is recalling about 96,000 pounds of Oscar Mayer Classic Wieners because the packages may instead contain Classic Cheese Dogs made with milk, a known allergen.
Apple, Google vie to offer exclusive game apps: WSJ
(Reuters) – Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter.
At Mt. Gox bitcoin hub, ‘geek’ CEO sought both control and escape
TOKYO (Reuters) – In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel “The Hitchhikers…
New EU law to help investors pick good corporate citizens
LONDON (Reuters) – Investors looking for companies with good environmental, social and governance track records will find the job easier after European politicians ruled that thousands of firms must reveal their performance as corporate citizens.
Bankers win friends again in Europe with lure of easy money
BRUSSELS (Reuters) – Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance.
China seizure of ship could hurt Japan business: Japan spokesman
TOKYO (Reuters) – China’s seizure of a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd for allegedly failing to pay compensation stemming from a wartime contractual obligation is “extremely regrettable” and could hurt Japanese business the…
A tough sell: insurance against a China financial crisis
SINGAPORE (Reuters) – Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy.
