Taking a Toll: How Japan Post's big global bet unravelled

TOKYO/SYDNEY In February 2015, bankers working on Japan's biggest IPO in three decades woke to news that left them shaken. Their client had just closed a multi-billion dollar deal - but had kept them firmly out of the loop. Just months ahead of its listing ... ( read original story ...)

RPT-Taking a Toll: How Japan Post's big global bet unravelled

Japan Post wrote down $3.6 bln of $4.9 bln Toll purchase * Deal came ahead of Japan Post listing, surprised IPO bankers * Writedown raises questions over due diligence, management * Comes as govt prepares follow-up sale of Japan Post shares By Thomas ... ( read original story ...)

Port IPO opens to subscribers

Japan International Cooperation Agency (JICA), which is financing ... Thouen said his confidence in the IPO was based on the SAP’s potential for growth as Cambodia’s principal seaport. But just to sweeten the deal SAP has offered private investors ... ( read original story ...)

HRnetGroup pre-markets Singapore IPO

HRnetGroup has launched pre-marketing for a Singapore initial public offering that will represent the first major flotation of a recruitment services firm in Asia outside Japan. The prospective deal should also provide much-needed diversification for the ... ( read original story ...)

Recent IPO Trivago Takes Trip North After Strong Q1 Earnings

which includes Japan, India and Russia. IBD'S TAKE: For news and analysis on the hottest initial public offerings, visit the IBD page on IPO Leaders. "The investments we have made in the business are paying off," Trivago Chief Financial Officer Axel ... ( read original story ...)

Bank of Japan Chief: Unwinding Stimulus Won’t Bring Turmoil

TOKYO—Bank of Japan Gov. Haruhiko Kuroda said the central bank will be able to unwind its massive policy stimulus “quite well,” dismissing concerns that a shift away from years of aggressive easing could roil the economy. “Whoever the leader…I ... ( read original story ...)

Has the Bank of Japan really tamed long rates?

TOKYO -- The Bank of Japan has managed to stabilize long-term interest rates at its target level of around 0%, but its efforts have sapped vitality out of the Japanese government bond market and may have planted the seeds of future volatility. Japan Bond ... ( read original story ...)

Yokohama Rubber : Fire hits Yokohama Clark warehouse

A huge fire engulfed the warehouse of Yokohama Tire Philippines, Inc. (YTPI) here Sunday afternoon. According to YTPI employees, the fire started at the firm's warehouse at around 3:15 p.m and is still going on as of posting time. No one was reported ... ( read original story ...)

Japan gets two new three Michelin-starred restaurants

The 36-seat restaurant is located in the city of Sapporo. Sushi Miyakawa now also boasts a triple-starred ranking. Three Michelin stars denote "exceptional cuisine, worth a special journey," while two stars represent "excellent cooking, worth a detour." ( read original story ...)

North Korea’s actions ‘recipe for disaster’: US admiral

TOKYO — The top American military officer in the Pacific said Wednesday that North Korea’s recent military actions are “a recipe for a disaster” and warned against a sense of complacency in the face of increasing tensions on the Korean Peninsula ... ( read original story ...)