The company, a joint venture between Reliance Group and Japan’s Nippon Life, would both issue fresh shares and offer for sale (OFS) of promoters’ holdings to raise around Rs1,500 crore from the market through the Reliance Nippon IPO. Chatterjee said ... ( read original story ...)
Kuroda Says Bank of Japan Will Keep Pursuing Aggressive Monetary Easing
Bank of Japan Gov. Haruhiko Kuroda said Sunday the central bank would continue its expansive monetary policy in an effort to boost inflation. “The Bank of Japan will consistently pursue aggressive monetary easing with a view to achieving the price ... ( read original story ...)
JAPAN: Nikkei continues to rip higher, up another +0.5% overnight and +6.8% in the last month
10/13 Nikkei: SoftBank reaches broad agreement for Sprint, T-Mobile merger 10/13 Nikkei: SoftBank reaches broad agreement for Sprint, T-Mobile merger 10/13 BRIEF-Softbank reaches broad agreement to merge Sprint unit with T-Mobile US .. 10/13 SoftBank Close ... ( read original story ...)
Toyota to highlight reading of driver emotions at Tokyo show
TOKYO — Driving sleepy? Hungry? Toyota will be highlighting an array of experimental technologies aimed at improving safety and anticipating drivers’ desires at the Tokyo Motor Show later this month. Toyota Motor Corp. manager Makoto Okabe told ... ( read original story ...)
Asian stocks move higher after finance leaders back low interest rates
TOKYO - Shares rose in Asia on Monday after leaders of global finance appealed at a weekend meeting of the International Monetary Fund for a continuation of low-interest rate policies to keep economic recoveries on track. KEEPING SCORE: Japan's Nikkei 225 ... ( read original story ...)
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks
China and other emerging economies,” Bank of Japan Gov. Haruhiko Kuroda said after a two-day meeting of G-20 finance ministers and central bank governors in Washington. But he warned: “G-20 members referred to risks. … We should not fall into ... ( read original story ...)
This Japanese platform lets people IPO themselves
Kohei Ogawa, CEO of VALU, explains how the platform works like a trading card market where public figures can issue tokens that are bought and sold. ( read original story ...)
Reliance Capital-Nippon AMC IPO to raise Rs 1500 cr
The IPO size would be around 10 per cent of the post issue paid ... the positive sentiment in the broader market are among the reasons attributed to the trend. Osaka accomplishes huge dream in Hong Kong At the Tianjin Open , there were wins for Maria ... ( read original story ...)
Aamby Valley to be auctioned under supervision of judges
Osaka accomplishes huge dream in Hong Kong At the Tianjin Open ... The partnership will be managed by the Foundation for the National Institutes of Health. Reliance Capital-Nippon AMC IPO to raise Rs 1500 cr Reliance Nippon Life Asset Management is ... ( read original story ...)
Japan’s Kobe Steel CEO warns of deepening quality scandal
The head of Japan's Kobe Steel warned Thursday that a quality control scandal engulfing his firm was likely to widen at home and abroad, as he acknowledged that trust in the steelmaker has "fallen to zero". The comments came as a growing list of customers ... ( read original story ...)
Japan’s massive savings pool draws Aussie fundies
Finance Minister Senator Mathias Cormann spent the past week leading a Financial Services Council delegation to Japan and Korea, with a particular focus on the former's rapidly changing market. In theory, there should be strong demand from Japan for the ... ( read original story ...)
G7 agrees to ramp up economic pressure on North Korea – Japan’s Asakawa
It is rare for G7 finance leaders to disclose they had met on the sidelines of a G20 gathering, which was a show of resolve among advanced economies to boost pressure on North Korea in the wake of its recent provocations, said Masatsugu Asakawa ... ( read original story ...)
G7 agrees to ramp up economic pressure on N.Korea – Japan’s Asakawa
Korea * G20 agreed on potential risks from Fed, ECB stimulus exit * Japan told G20 sticking to fiscal reform target (Adds quotes, detail) By Leika Kihara WASHINGTON, Oct 12 (Reuters) - Group of Seven finance leaders agreed to co-operate in countering North ... ( read original story ...)
Nikkei marks 21-year high as Wall Street hits another record close
Japan's Nikkei share average scaled its loftiest peak in more than two decades on Thursday, hoisted by records on Wall Street and underpinned by media forecasts that the ruling party bloc was headed for a win in elections later this month. The Nikkei ended ... ( read original story ...)
Nikkei notches 21-yr high as Fast Retailing adds momentum, Kobe Steel dives
TOKYO, Oct 13 (Reuters) - Japan’s Nikkei share average edged up and hit a fresh a 21-year high on Friday helped by index heavyweight Fast Retailing, while selling of Kobe Steel continued as worries from its data fabrication scandal extended overseas. ( read original story ...)
Corporate Scandals Say More About Japan Than the Nikkei
Japan Inc. is reeling from a string of corporate scandals. Meantime, the Nikkei is at a two-decade high. What are investors missing? The latest misdeed involves Kobe Steel which, despite its name, is one of Japan’s biggest aluminum producers. The company ... ( read original story ...)