Bank Of Hawaii

US and Japan plan biggest upgrade to security pact in over 60 years

...While it was a success, Ryoichi Oriki, then chief of Japan’s SDF joint staff, said it was inconvenient having to co-ordinate with the US Indo-Pacific Command in Hawaii rather than the USFJ commander, his...

March 24, 2024

JPMorgan Chase & Co

JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels

...The bank underwrote $101bn of fossil fuel deals in 2021 and 2022, and $71bn of low-carbon deals, according to data from BloombergNEF....

April 19, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

Inside BusinessLeo Lewis

Why an M&A swoop in Hawaii is a big bet on the yen

...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....

February 13, 2024

FT Alphaville

FTAV’s further reading

...No one knows why (NPR) — Is tipflation even part of inflation?...

March 4, 2024

LexAirlines

US airlines: Alaska-Hawaii regulators may have antitrust objections Premium

...It is sitting at around $16, or less than half of JetBlue’s offer of $33.50....

December 4, 2023

Live news updates from August 9: Disney misses revenue forecasts, European gas prices rise 30%

Hawaii wildfires kill six and force evacuations

...Bissen said that the cause of the fire was unknown but had broken out among “long term-dry conditions”....

August 9, 2023

FT Live

Future of Asset Management Europe

New fund firm models for Europe's resurgence

Live news updates from August 11: Global oil demand hits record, China’s bank lending plummets

Hawaii wildfire death toll rises to 53

...The White House on Thursday declared the Hawaii wildfires a “major disaster” and pledged Federal aid to help recovery efforts....

August 11, 2023

ReviewGaming

Like a Dragon: Infinite Wealth review — open-world yakuza epic revels in postmodern absurdity

...The former yakuza, middle-aged and with a great mop of curly hair, is searching for his estranged mother who is embroiled in the organised crime underworlds of both Japan and Hawaii....

January 30, 2024

Wildfires

Death toll from Hawaii wildfires climbs to 55

...The fires were fanned by strong winds from Hurricane Dora, passing hundreds of miles south of Hawaii, and were exacerbated by dry conditions....

August 11, 2023

Hawaii

Hawaii wildfires kill 36 as hurricane hampers rescue efforts

...Fires raged across Lahaina, a historic tourist town that was once the royal capital of Hawaii....

August 10, 2023

Wildfires

Hawaii wildfire death toll expected to continue rising

...“As residents of Hawaii mourn the loss of life and devastation taking place across their beautiful home, we mourn with them,” Biden wrote on X, formerly known as Twitter, on Monday....

August 14, 2023

Wildfires

Deadliest US wildfires in a century claim 93 lives in Hawaii

...The fires began on Tuesday, engulfing the historical town of Lahaina as it was fanned by strong winds from Hurricane Dora, which passed hundreds of miles south of Hawaii, a popular tourist destination....

August 13, 2023

Bank of England

Bank of England policymaker warns against cutting rates too soon

...“Taken together, the absence of news and the passage of time have brought a Bank Rate cut somewhat closer,” Pill said on Tuesday....

April 23, 2024

US politics & policy

Joe Biden to visit Hawaii amid criticism of wildfire response

...Joe Biden said on Tuesday that he would travel to Hawaii, as the US president sought to quell mounting criticism of his response to deadly wildfires that have ravaged the state over the past week....

August 15, 2023

Global Economy

When will the Bank of Japan next raise interest rates?

...The Bank of Japan is likely to hold off from raising interest rates next week but investors expect the central bank to outline its response to rising inflationary pressures caused by the yen’s decline....

April 21, 2024

FT Live

Future of the Car

The technology and new business models shaping the next decade in automotive

Barclays PLC

Barclays chief calls for return of UK equity risk culture

...The bank reported a return on tangible equity — a key measure of bank profitability — of 12.3 per cent, down from 15 per cent last year but ahead of its target of more than 10 per cent for 2024....

April 25, 2024

FT News Briefing podcast11 min listen

Bank of Japan ditches negative rates

...Microsoft has hired the co-founder of Google’s DeepMind, the Bank of Japan raised interest rates for the first time since 2007, and leading European and UK artificial intelligence start-ups have been lobbied...

March 20, 2024

UK financial regulation

Lenders flying blind on private equity risk, Bank of England warns

...Trade body UK Finance said the BoE had highlighted “a number of important issues” that banks needed to consider in terms of exposure to private equity....

April 23, 2024

FT News Briefing podcast12 min listen

It’s central bank week!

...The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...

March 18, 2024

LexUS insurance industry

US P&C insurers: paradise lost as severe weather event hits Hawaii Premium

...Allstate’s second quarter combined ratio — incurred losses and expenses over earned premium — of 145 per cent was a near record. Then calamity struck Hawaii....

August 15, 2023

JPMorgan Chase & Co

Russian court orders seizure of $440mn from JPMorgan

...Seven banks — out of 45 then operating in the country — have been granted presidential approval, including Mercedes-Benz Bank, Ikano, J&T and Intesa....

April 24, 2024

News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%

Bank of America’s profits fall nearly a fifth

...Bank of America’s profits fell 18 per cent in the first quarter, dragged down by a jump in potential loan losses and additional expenses tied to last year’s regional banking crisis....

April 16, 2024

News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO

UK markets rally ahead of Bank of England decision

...The Bank of England is widely expected to keep interest rates on hold....

March 21, 2024

Bank of Japan

Bank of Japan ends era of negative interest rates

...The Bank of Japan has ended an era of negative interest rates, raising borrowing costs for the first time since 2007 in a historic shift as the country puts decades of deflation behind it....

March 19, 2024

UK economy

Bank of England holds rates at 5.25%

...But the bank warned that inflation remains “elevated” for service prices, which rose at an annual rate of 6.1 per cent last month....

March 21, 2024

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