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Japan PM Abe tells finmin to take needed FX steps post-Brexit vote


TOKYO Japanese Prime Minister Shinzo Abe on Monday instructed Finance Minister Taro Aso to watch currency markets "ever more closely" and take steps if necessary, in the wake of Britain's historic vote to leave the European Union.

BOJ can stand pat if Brexit turmoil proves temporary - ex-executive Momma

TOKYO The Bank of Japan can hold off on expanding monetary stimulus if market turbulence caused by Britain's vote to leave the European Union proves temporary, a former central bank executive said on Monday.

Business, Japan 10:33am BST

French finance minister says 'red carpet' rolled out for London banks

PARIS French Finance Minister Michel Sapin said on Friday he would welcome London banks to Paris after Britain's vote to quit the European Union, using the "red carpet" metaphor in an apparent dig at British Prime Minister David Cameron.

G20 regulators aim to rein in asset managers with new rules

LONDON Global regulators have proposed a raft of measures to curb contagion risks from the world's $76 trillion asset management sector, though stopping short of imposing tougher capital requirements.

Business, 22 Jun 2016

Factbox - Global regulators propose new rules for asset managers

LONDON The Financial Stability Board (FSB), which coordinates financial sector rules for the Group of 20 Economies (G20), set out 14 policy measures on Wednesday to stop asset management activities from destabilising the financial system.

Business, 22 Jun 2016

Pound hits three-week high on growing 'Bremain' hopes

TOKYO/SINGAPORE The British pound set a three-week high against the dollar on Tuesday, getting a lift after opinion polls swung in favour of the campaign for Britain to stay in the European Union.

FXpert, Business, 21 Jun 2016

Japan Finance Minister Aso says won't intervene in FX market 'easily'

TOKYO Finance Minister Taro Aso said on Tuesday that Japan would respond to rapid currency moves in line with G7/G20 agreements, although the country would not intervene in the market so "easily".

Business, Japan 21 Jun 2016

Japan finance minister says deeply concerned about yen rise, vows urgent response

TOKYO Japanese Finance Minister Taro Aso on Friday fired off a warning shot against a recent rise in the yen, saying he was deeply concerned about "one-sided, rapid and speculative" currency moves and would respond urgently if necessary - a hint at possible yen-selling market intervention.

Business, Japan, 17 Jun 2016

ECB's Villeroy urges Basel Committee to respect 'virtuous' national practices of banks

PARIS The Basel Committee's current proposals do not at this stage fully respect earlier commitments to not significantly increase overall capital requirements for banks, ECB Governing Council Member Francois Villeroy de Galhau said on Thursday.

Business, 16 Jun 2016

Japan finance minister issues fresh warning on yen rise amid Brexit worries

TOKYO Japanese Finance Minister Taro Aso issued a fresh warning against renewed strength in the yen, saying that he would "firmly respond" if rapid and speculative moves persisted in the foreign exchange market.

Business, Japan 14 Jun 2016



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