Japan

PersonalFinance

UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth

ZURICH/TOKYO (Reuters) – UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years. FILE PHOTO: The logo of Swiss bank UBS at the company’s headquarters in Zurich February 10, 2015. REUTERS/Arnd Wiegmann The deal, […]

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PersonalFinance

UBS, Sumitomo Mitsui Trust to establish joint venture for wealth management

ZURICH/TOKYO (Reuters) – Swiss lender UBS will sign a deal with Japan’s Sumitomo Mitsui Trust for a wealth management tie-up in Japan, with the two aiming to establish a new company by 2021, the Japanese bank said on Friday. FILE PHOTO: The logo of Swiss bank UBS at the company’s headquarters in Zurich February 10, […]

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artsNews

Huawei unwanted: Asian shops shun phone trade-ins on Google suspension worries

SINGAPORE/MANILA (Reuters) – Mobile phone retailers in some Asian countries are refusing to accept Huawei devices for trade-ins, as more consumers look to offload their device on worries Google suspending business with the Chinese firm will disrupt services. A Huawei company logo is seen at Huawei’s Shanghai Research Center in Shanghai, China May 22, 2019. […]

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artsNews

Dollar stalls near one-month high after Fed minutes

NEW YORK (Reuters) – The U.S. dollar held near a one-month high on Wednesday after minutes from the May Federal Open Market Committee meeting showed officials agreed that their current patient approach to setting monetary policy could remain in place “for some time.” FILE PHOTO: An employee counts U.S. dollar bills at a money exchange […]

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artsNews

Japan fashion magnate raises over $8 million at Sotheby’s auction

FILE PHOTO: Japanese billionaire Yusaku Maezawa, founder and chief executive of online fashion retailer Zozo, who has been chosen as the first private passenger by SpaceX, attends a news conference at the Foreign Correspondents’ Club of Japan in Tokyo, Japan, October 9, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Japanese fashion tycoon Yusaku Maezawa sold art […]

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