LONDON, Oct 21 - Japanese bank Daiwa is shrinking its trading and sales operations at its investment banking arm in London, with at least six people at risk of redundancy, sources familiar with the situation said on Tuesday.
Recent Japan News
TOKYO, Oct 21 - Japan said on Tuesday it would hold a bilateral military exercise with the United States in November to ensure smooth joint operations between the two countries' militaries and bolster island defence capabilities.
TOKYO - Bank of Japan Governor Haruhiko Kuroda said on Tuesday that investors have been buying the yen recently due to risk aversion and worries about the global economic outlook, according to a government official.
TOKYO - Japanese Prime Minister Shinzo Abe is facing increased pressure from a newly energised opposition over potential scandals within his cabinet even though he swiftly jettisoned two ministers this week in a bid to calm the storm.
* Says yen bonds 'not conducive' for investment if yields stay low
- Devro Plc , which makes edible collagen casings for sausages, said it was seeing signs of improvement in demand, with volumes picking up in China, Japan and Germany, and maintained its full-year outlook.