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Global bank profits hit $920 billion as Chinese lenders boom

Last Updated: Monday, June 30, 2014, 09:05

China`s top banks accounted for almost one-third of a record $920 billion of profits made by the world`s top 1000 banks last year, showing their rise in power since the financial crisis, a survey showed on Monday.

Japan business confidence at more than 6-year high: BoJ

Last Updated: Tuesday, April 01, 2014, 06:45

Japanese business confidence has soared to a more than six-year high, the Bank of Japan said Tuesday, underscoring a fragile economic recovery, but company bosses appear cautious about the future.

Bank of Japan refrains from fresh easing after weak growth data

Last Updated: Tuesday, February 18, 2014, 10:06

The Bank of Japan on Tuesday held off fresh monetary easing measures after weak growth data exacerbated fears about the economic impact of an April sales tax rise.

India, Japan for continuing efforts to simplify visa procedure

Last Updated: Saturday, January 25, 2014, 23:56

Seeking to further enhance economic ties, India and Japan on Saturday stressed to continue efforts to simplify visa procedures for smooth movement of people.

Japanese bank to pay US $250M in laundering case

Last Updated: Friday, June 21, 2013, 00:28

Bank of Tokyo Mitsubishi will pay USD 250 million to state of New York for laundering billions in transactions that violated economic sanctions against Iran, Sudan, and Myanmar.

Bank of Japan to further ease monetary policy

Last Updated: Thursday, April 04, 2013, 13:53

Bank of Japan (BOJ) promised to continue monetary easing until it achieves the 2 percent inflation goal, said a report released Thursday by the bank after its two days monetary policy meeting.

Bank of Japan keeps monetary policies unchanged

Last Updated: Thursday, March 07, 2013, 16:41

The central bank kept its monetary policy unchanged as it is likely to continue assessing the impact of the 2-percent inflation target introduced by the BOJ in January to curb deflation, reported Xinhua.

Bank of Japan keeps monetary policy unchanged

Last Updated: Thursday, February 14, 2013, 14:37

The BOJ also upgraded its assessment of Japan's economy from "relatively weak" up to "appears to have stopped weakening", reported Xinhua.

Japan's central bank eases monetary policy

Last Updated: Thursday, December 20, 2012, 12:05

The Bank of Japan Thursday announced plans to further ease its monetary policy to stimulate the nation's stagnant economy.

SBI signs MoU with JBIC to help Japanese SMEs

Last Updated: Friday, August 31, 2012, 19:27

JBIC has been mandated by the Japanese government to coordinate with regard to the needs of JSMEs.

Sri Lanka commissions new hydro power project

Last Updated: Saturday, July 14, 2012, 22:11

Sri Lankan President Mahinda Rajapaksa on Saturday unveiled a 150-MW hydropower station, funded by the Japan Bank.

JBIC to extend Rs 275-cr to ICICI Bank for Japanese imports

Last Updated: Monday, July 02, 2012, 18:52

The Japan Bank for International Cooperation Monday said it will offer a credit of over Rs 275 crore (USD 50 million) through ICICI Bank to finance imports of renewable energy products from the far-East nation.