Japan Raises $11.6 Billion Selling Another Stake in Postal Giant

Nation’s biggest share sale this century comes after 2015 IPO Stock sold at 2% discount amid strong overseas demand Japan’s government raised about 1.3 trillion yen ($11.6 billion) selling a stake in Japan Post Holdings Co., completing the nation’s ... ( read original story ...)

Japan raising up to $11.6 bn in postal giant share sale

Shares of Japan Post -- which has about 24,000 branches nationwide -- closed at 1,349 yen on Monday, down 1.03 percent. The huge sale comes as after an initial public offering (IPO) in 2015 that began a long-delayed privatisation of the state-owned behemoth. ( read original story ...)

Japan stocks higher at close of trade; Nikkei 225 up 0.50%

Investing.com – Japan stocks were higher after the close on Monday, as gains in the Banking, Chemical, Petroleum & Plastic and Shipbuilding sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.50%. Rising stocks outnumbered declining ... ( read original story ...)

Fed govt watching banks after ATM fees cut

A 4kg chunk of wing damaged a car in Osaka, Japan after it broke away and dropped off ... sometimes to take pain in order to keep those customers," she said. Labor financial services spokeswoman Katy Gallagher said ATM fees had been unfairly chipping ... ( read original story ...)

Tokyo governor launches new party ahead of elections

Tokyo's governor is launching a new political party to challenge Prime Minister Shinzo Abe's ruling party in national elections that are expected next month. Yuriko Koike said Monday she is heading the Hope Party and plans to send candidates to vie for ... ( read original story ...)

Tokyo stocks rally on vote bets but N. Korea weighs on region

Adding to the positive tone in Tokyo was a report saying the leader is also considering a multi-billion-dollar stimulus for the stuttering economy. The prospect of more cash being pumped into financial markets weighed on the yen, providing a boost to ... ( read original story ...)

Tokyo stocks up by break, snap vote eyed

Tokyo stocks edged up Monday morning with exporters boosted by the weaker yen, as traders kept a close eye on Japanese Prime Minister Shinzo Abe's expected announcement of a snap election. The bellwether Nikkei 225 index rose 0.58 percent, or 118.48 points ... ( read original story ...)

Kyushu Financial Group Inc (7180) Soared 1.04% on Sep 25

Bloomberg.com‘s news article titled: “JR Kyushu Shares Surge in Tokyo Debut After $4 Billion IPO” with publication date: October 25, 2016 was also an interesting one. Kyushu Financial Group Inc is a Japan firm principally engaged in banking businesses. ( read original story ...)