TOKYO — SoftBank Group Corp (SFTBY.PK ... A spinoff — potentially the biggest IPO by a Japanese company in nearly two decades — would give the unit more autonomy and help investors value the business as well as its parent which has myriad holdings ... ( read original story ...)
Japan’s ruling party sees removing military ban as infeasible
TOKYO -- Removing Japan's constitutional ban on maintaining military forces would be politically infeasible, the vice president of the ruling Liberal Democratic Party told The Nikkei, suggesting that a less drastic change to the pacifist charter would be ... ( read original story ...)
Nikkei hits highest level since 1991 as dollar weakening stops
Out of Tokyo's 33 subindexes, 22 were in positive territory, led by fish and forestry and electrical machinery. TOKYO: Japan's Nikkei share average rose to its highest level since late 1991 on Tuesday, as a firmer dollar supported exporter stocks and ... ( read original story ...)
Japan, Canada vow to ‘maximize pressure’ on North Korea through Vancouver talks
VANCOUVER (Kyodo) -- Japan and Canada agreed Monday that the international community needs to demonstrate solidarity to "maximize pressure" on North Korea through a foreign ministerial meeting Tuesday on addressing North Korea's nuclear and missile programs. ( read original story ...)
Japan stands by Myanmar, lest China gain favor
TOKYO -- Japan has continued plying Myanmar with economic aid even as the Southeast Asian nation's treatment of its Rohingya Muslim minority has stirred international backlash, choosing the threat of condemnation over the risk of China taking over as the ... ( read original story ...)
Don’t see problem with dollar around 110.80 yen: Japan finance minister
TOKYO (Reuters) - Japanese Finance Minister Taro Aso said on Tuesday that he did not see problems with the dollar JPY= hovering around 110.80 yen, but that big swings in currencies would be problematic. Aso, speaking to reporters after a cabinet meeting ... ( read original story ...)
Japanese bank MUFG doubles down on London commitment with new UK corporate banking boss on lookout for senior hires
Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) plans to hire more senior bankers in London as its newly appointed head of corporate banking for the UK, Ireland and the Nordics looks to expand the business. Holly Villiers told City A.M. she ... ( read original story ...)
Japan’s startup index extends winning streak to hit record
TOKYO -- The Nikkei Jasdaq Stock Average ... The stock has the Jasdaq's highest market capitalization. Japan's markets for startups are typically dominated by retail investors. But now "money from institutional and overseas investors is pouring into ... ( read original story ...)
Minister of Finance Signs MoU to Boost Financial Skills Among Saudi Youth
Managing Executive Officer of the Bank of Tokyo-Mitsubishi UFJ, Ltd. (‘BTMU’), the banking branch of MUFG, in the presence of senior officials from the Ministry of Finance and members of the executive and regional management team at BTMU. The Ministry ... ( read original story ...)
SoftBank considers IPO for Japan wireless unit, said to seek $18-billion
SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business – a move that could reportedly raise $18-billion and would accelerate the conglomerate's transformation into one of the world's biggest tech investors. ( read original story ...)
Softbank wants to raise $18 billion through an IPO for its mobile unit
Softbank's Japanese wireless business could be one of the biggest IPOs by a Japanese company in two decades. The IPO could reportedly raise $18 billion. Softbank Group is aiming to sell about 30% of Softbank Corp. TOKYO (Reuters) - SoftBank Group ... ( read original story ...)
SoftBank : Auto1 says no need for IPO after Softbank invests
10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion 10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion 10:32a SoftBank considers IPO for Japan wireless unit, said to seek $18 billion ( read original story ...)
SoftBank considers Japan’s biggest ever IPO
SoftBank said on Monday it was considering listing its Japanese wireless business - a move that could reportedly raise $18 billion and would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors. SoftBank said on ... ( read original story ...)
Softbank denies reports of planned IPO for mobile unit
A report in the Nikkei Asian Review claimed the listing would be one of the largest IPOs for a Japanese company, bringing in as much as some 2 trillion yen (£13bn). It said Softbank plans to apply to the Tokyo Stock Exchange as early as the spring with an ... ( read original story ...)
SoftBank plans IPO of mobile unit this year
SoftBank, the Japanese telecom company that owns 80% of US carrier Sprint, is considering an IPO that would spin off the company's mobile phone unit. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would give the unit ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit this year
SoftBank Corp., which now handles the group's telecom business, is one of Japan's three big mobile carriers along with NTT Docomo and KDDI. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would also give the unit more ... ( read original story ...)