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China offers to end market-distorting subsidies at trade talks, but U.S. negotiators remain skeptical

By Michael Martina,David Lawder
- via The Japan Times    Feb 15, 2019

Chinese Vice Premier and lead trade negotiator Liu He reaches to shake hands with U.S. Trade Representative Robert Lighthizer before the opening session of trade negotiations in Beijing on Thursday. | REUTERS

China has pledged to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, according to three ...

Struggling furniture retailer Otsuka Kagu forms tie-up with Yamada Denki

via The Japan Times    Feb 15, 2019

Pieces of furniture are displayed at a clearance sale at an Otsuka Kagu outlet in Tokyo's Odaiba waterfront area last November. | KYODO

Otsuka Kagu Ltd. said Friday the struggling furniture retailer has reached a basic agreement to form a business tie-up with major electronics retailer Yamada Denki ...

JPMorgan Chase unveils cryptocurrency prototype

via The Japan Times    Feb 15, 2019

People walk past the JP Morgan Chase building on Park Avenue in New York in May 2012. JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain, a first among major banks as disruption accelerates change in financial services. | AFP-JIJI

JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain, a first among major banks as disruption accelerates change in financial ...

Fannie-Freddie watchdog pick Mark Calabria urges Congress to overhaul U.S. housing giants to avoid losses

via The Japan Times    Feb 15, 2019

President Donald Trump’s pick to lead Fannie Mae and Freddie Mac’s regulator pledged to work with Congress on overhauling the companies, while downplaying controversial positions ...

Dissecting the Bank of Japan’s zero-rate policy 20 years on

By Brett Miller,Toru Fujioka
- via The Japan Times    Feb 06, 2019

Twenty years ago this month, the Bank of Japan adopted zero interest rates, taking central banking into uncharted waters. | BLOOMBERG

Long before the U.S. and Europe embraced radical monetary policies last decade during the global financial crisis there was the Bank of Japan.Twenty years ago ...

With G20 nations beset by challenges ahead of Osaka meet, do summit’s engagement groups have answers?

By Eric Johnston
- via The Japan Times    Feb 06, 2019

Naoyuki Yoshino, dean of the Asian Development Bank Institute, speaks during the organization's annual conference in Tokyo in 2016. | BLOOMBERG

In the run-up to the Group of Twenty Leaders’ Summit in Osaka in late June, several related meetings known as engagement groups are scheduled to ...

Nikkei turns moderately higher on Wall Street rally

via The Japan Times    Feb 06, 2019

The benchmark Nikkei average rebounded modestly on the Tokyo Stock Exchange Wednesday, aided by an extended rally on Wall Street.The 225-issue Nikkei average climbed 29.61 ...

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.




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