Japan's economy expands at fastest pace in a year in Jan-March

TOKYO Japan's economy grew at the fastest pace in a year in the first quarter to mark the longest period of expansion in a decade, heightening prospects that robust overseas demand will underpin a steady recovery. The data offers some relief to Bank of ... ( read original story ...)

How Japan Post's big global bet unraveled

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, state-owned ... ( read original story ...)

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 ...)

Low interest rates still squeezing Japanese banking profits

TOKYO -- Japan's five leading banking groups reported a third straight year of shrinking aggregate profit Monday, hampered by the central bank's negative interest rate policy, but the strength of their overseas operations helped stave off a worse result. ( read original story ...)

Saudi Aramco Announces Key Appointments Ahead of IPO

The new appointments come ahead of a highly anticipated initial public offering (IPO) that may be the largest in the world. Aramco also appointed six deputy chairmen and two associate general councils, according to an initial memorandum of understanding ... ( read original story ...)