The IPO would give a welcome boost to London’s reputation as ... Still, Hong Kong’s exchange, like those in Tokyo and Singapore, is smaller than markets in New York or London. This raises the question of whether the Asian bourses could provide enough ... ( read original story ...)
Singapore exchange pitches for Saudi Aramco IPO
That choice pits the top global financial centers, London and New York, against each other, while Hong Kong, Tokyo, Singapore and Toronto are also on the top contender list. The initial public offering (IPO) would make the company the largest publicly ... ( read original story ...)
London, New York vie for Saudi Aramco IPO
could take part in an Aramco IPO, people with knowledge of the matter said in March. Two of China’s state oil companies also may buy shares in Aramco, according to their senior executives. Tokyo and Singapore Exchanges in both Asian cities made ... ( read original story ...)
BOJ’s Funo says bank no longer setting deadline for inflation target
SAPPORO, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo said the central bank no longer has a binding timeframe for meeting its ambitious inflation target, conceding the bank has essentially abandoned an earlier pledge to meet the goal in ... ( read original story ...)
As LNG projects stall, AltaGas signs propane export deal with Japanese firm
AltaGas inked a deal with Tokyo’s Astomos Energy Corp. to buy half of the 1.2 million tonnes of liquefied propane gas per annum the company will produce at its $500-million Ridley Island Propane Export Terminal ( read original story ...)
Nikkei rises to 1-1/2-week high on strong earnings; Apple suppliers shine
TOKYO, Aug 2 (Reuters) - Japan's Nikkei share average rose to a 1-1/2-week high on Wednesday, supported by strong domestic earnings as well as a rally among Apple's suppliers after the iPhone maker reported robust profits. The Nikkei ended 0.5 percent ... ( read original story ...)
ANALYSIS/ Kagoike arrest leaves question of land scandal unanswered
As prosecutors arrested the former head of an educational institution on suspicion of defrauding the central and Osaka prefectural governments on ... The Kinki Local Finance Bureau did not publicize the price of the land transaction until The Asahi Shimbun ... ( read original story ...)
EDITORIAL: Kagoikes’ arrests should not obscure state land discount
The Finance Ministry sold a tract of land in Toyonaka, Osaka Prefecture, to the school operator for 134 million yen, far below its appraised value of 956 million yen, for the planned school. But the developments that led to the discount remain a mystery. ( read original story ...)
Blackstone takes on $1.1 Billion Property Portfolio
The Australian Financial Review said the bid was the second approach ... amassing 27 assets that were mostly located in central and greater Tokyo and some in regional cities such as Osaka and Fukuoka. Blackstone and Spring Investment will now enter ... ( read original story ...)
GA Telesis, Tokyo Century launch USD 1bn new technology engine leasing initiative
Tokyo Century Corporation is a highly specialized and unique financial services company that pioneers new business fields combining finance, services and business expertise, working alongside customers in pursuit of their growth and goals. Through its four ... ( read original story ...)
Tokyo Financial Exchange: Trading Volume In July 2017
The trading volume of Three-month Euroyen futures was 149,021 ( + 4.2% MoM / - 11.2% YoY ) and its average daily volume was 7,451 . See the TABLE 1 for the composition of the trading volume. The total trading volume of FX Daily Futures contracts (Click 365 ... ( read original story ...)
The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Consolidated Summary Report of Mitsubishi UFJ Financial Group, Inc. under Japanese GAAP for the Three Months Ended June 30, 2017.
TOKYO--(BUSINESS WIRE)--The Bank of Tokyo-Mitsubishi UFJ, Ltd.: 1. This financial summary report contains forward-looking statements regarding estimations, forecasts, targets and plans in relation to the results of operations, financial conditions and ... ( read original story ...)
Tokyo stocks rebound on brisk corporate earnings
Tokyo stocks staged a slight rebound Tuesday ... Banking issues Sumitomo Mitsui and Sumitomo Mitsui Trust, as well as regional lenders Chiba Bank and Concordia Financial, attracted purchases. Also on the plus side were JAL, Start Today, the operator ... ( read original story ...)
Nikkei rises on strong earnings; Apple suppliers shine
TOKYO, Aug 2 (Reuters) - Japan's Nikkei share average posted modest gains on Wednesday, supported by strong earnings reports from local companies and by a rally in Apple suppliers after it reported robust profits. The Nikkei was up 0.4 percent at 20,058.24 ... ( read original story ...)
BOJ’s Funo calls for structural reforms to boost Japan’s weak inflation
SAPPORO, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo called for structural reforms to boost demand and productivity, in a tacit acknowledgement that massive monetary stimulus alone cannot accelerate inflation to the central bank's 2 percent ... ( read original story ...)
Consumption tax key to fixing Japan’s debt-ridden finance: IMF
TOKYO: The consumption tax should remain at the heart of revenue reform in Japan, but the pacing of rate increases is crucial, the International Monetary Fund said Monday. Citing the need for fiscal consolidation to address risks from Japan’s high level ... ( read original story ...)