Showing posts with label Japan. Show all posts
Showing posts with label Japan. Show all posts

Monday, October 1, 2007

Japanese Post Office

From BBC Article:

"Japan has started the privatisation of its postal service, forming the world's largest commercial bank in the process.

"Under a 10-year plan, Japan Post is being split into four firms to run its banking and insurance operations, mail deliveries and post offices.

"Japan Post's banking unit has 400 million accounts and assets of 349.8 trillion yen ($3 trillion; £1.5 trillion), the world's largest.

"The banking and insurance units should float on the stock exchange by 2010."

Monday, September 17, 2007

Secret Economic Force in Currency Exchange Market: Japanese Housewives

If you have five minutes today, read this article from the New York Times about the trend of Japanese housewives investing some of the country's huge amounts of savings in foreign currency exchange.

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