Tag: banking

TOKYO -- Toshiba is thinking about taking Swiss smart meter unit Landis+Gyr public, as the embattled Japanese conglomerate rushes to generate cash for its turnaround. Toshiba on Monday said it may list the unit on the SIX Swiss Exchange by the end of ... ( read original story ...)

ZURICH Swiss smart meter maker Landis+Gyr plans an initial public offering (IPO) in the third quarter as its owner, Japanese conglomerate Toshiba, scrambles to raise funds to cover losses at bankrupt U.S. nuclear unit Westinghouse. Under the plan ... ( read original story ...)

Toshiba, slated for demotion to the second board of the Tokyo stock exchange, now has until the end of March 2018 to shore up its balance sheet or face delisting. Why Toshiba Needs Cash Fast and What May Delay It: QuickTake Q&A It bought Landis+Gyr in 2011 ... ( read original story ...)

The Japanese group is also aiming to raise about $20bn from the ... One Zurich-based banker said conditions were ripe for an IPO of Landis+Gyr because Swiss investors were “sitting on piles of cash” after the delistings of Syngenta, the agribusiness ... ( read original story ...)

People walk on a pedestrian crossing in Tokyo, Friday, June 30, 2017. Japan's factory output rose in May from a year earlier and the number of jobs per job seekers climbed to a 43-year high, reflecting labor shortages as the economy gains momentum thanks ... ( read original story ...)

TOKYO Japanese lender Sumitomo Mitsui Financial Group Inc (8316.T) will make Frankfurt its new European headquarters as it prepares for Britain's exit from the European Union in 2019, the Nikkei business daily reported on Saturday. SMFG, Japan's third ... ( read original story ...)

TOKYO, June 30 Japan's Nikkei share average stumbled to two-week lows on Friday on worries cheap funding from European central banks may be soon coming to an end. While 30 of the Topix's 33 subsectors were in negative territory, tech names in particular ... ( read original story ...)

The four times weekly route departed from Kuala Lumpur, Malaysia for Honolulu, Hawaii via Osaka, Japan. The successful inaugural flight was followed by a celebration and press conference event at the Royal Hawaiian Hotel. AirAsia X is the long-haul ... ( read original story ...)

Japan's central bank issued a rare apology on Friday over a board member's praise for Adolf Hitler's economic policies. Yutaka Harada, a member of the board of the Bank of Japan, told a seminar on Thursday Hitler's economic policies had been "appropriate ... ( read original story ...)

TOKYO — The Latest on the trial of three Japanese utility executives for the Fukushima nuclear plant disaster (all times local): 3:45 p.m. Defence attorneys for three former Tokyo Electric Power Co. executives say that experts were divided about a ... ( read original story ...)

TOKYO — The Latest on the trial of three Japanese utility executives for the Fukushima nuclear plant disaster (all times local): 12:30 p.m. Three former executives of Tokyo Electric Power Co. have pleaded not guilty to charges of negligence for the 2011 ... ( read original story ...)

Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct ... ( read original story ...)

HONG KONG — Share sales in Asia ex-Japan have picked up pace this year and are set to rise sharply in the coming months, with $10 billion listings from two Chinese firms expected to reinstate Hong Kong as the world's top IPO destination, bankers and ... ( read original story ...)

TOKYO, June 29 Japan's Nikkei share average rose on Thursday morning to hover near two-year highs after Wall Street rebounded, with tech shares, like Advantest Corp and Shin-Etsu Chemical, outperforming the overall market. The Nikkei gained 0.5 percent to ... ( read original story ...)

TOKYO, June 29 Japan's Nikkei share average neared two-year highs on Thursday after Wall Street rebounded, with tech shares such as Advantest Corp and Shin-Etsu Chemical outperforming the overall market. The Nikkei gained 0.45 percent to 20,220.30, moving ... ( read original story ...)

TOKYO, June 28 Japan's Ministry of Finance floated a plan on Wednesday to increase the size of short-term Japanese government bond issue through so-called liquidity-enhancing auctions to ease their shortage, a senior ministry official said. The plan was ... ( read original story ...)