Jaitley to meet key investors in Japan soon
The Dollar Business Bureau Finance Minister Arun Jaitley has plans to visit the Soft Bank CEO and the head of Suzuki Motor Corp head Osamu Suzuki as well as several other investors during his six-day trip to Japan. An official statement informed that Jaitley will leave for Japan, Saturday evening. Upon his arrival in Tokyo, he will meet the Chief Executive officer of Soft Bank Masayoshi Son to discuss the investment opportunities that India will present to the them. After that, on Day 2 he would meet the Japanese Prime minister Shinzo Abe and attend the 22nd International Conference on “The future Asia”, which is being organized by Nikkei Inc. The meeting with Suzuki head has been planned for May 31st after his participation ...
Japan leads global stocks higher after stimulus move
Source : PTI Japan led global stock markets higher on Friday after its central bank introduced a negative interest rate policy in the latest move to overcome malaise in the third-biggest economy. The yen dived against the dollar and the euro. Britain's FTSE 100 rose 1.2% to 6,004.94 and France's CAC 40 advanced 1.4% to 4,382.73. Germany's DAX climbed 1.3% to 9,763.69. Futures indicated that Wall Street was set to extend gains. Dow futures added 1% and S&P 500 futures climbed 1.1%. The Bank of Japan said it is imposing a 0.1% fee on some deposits left with the central bank, effectively a negative interest rate. It hopes that will encourage commercial banks to lend more, rather than keeping cash at the ...
