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 ...)
SoftBank confirms it is looking at IPO option after report of $18bn float
It’s hoping for an overseas debut at the same time, possibly in London." It would be the largest ever IPO in Japan, said the Nikkei report. It added that the group "intends sell about 30% of the outstanding shares in its subsidiary to investors ... ( read original story ...)
Nikkei rises but weaker dollar caps gains, SoftBank climbs
Of Tokyo's 33 subindexes, 23 were in positive territory, led by securities and real estate. TOKYO: Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. ( read original story ...)
Japan convenience store chains finding new growth in China’s heartland
CHONGQING/TOKYO -- Japanese convenience store operators who set up shop in China's coastal cities are broadening their inland footprints in a bid to capitalize on economic growth there. At the end of last year, Lawson opened an outlet on the campus of ... ( read original story ...)
Nikkei rises but weaker dollar caps gains
Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. The Nikkei ended 0.26 per cent higher at 23,714.88 for its first session of gains in four days. Index ... ( read original story ...)
Softbank Mulls $18 billion IPO Of Mobile Phone Business: Report
The parent will sell some 30 percent of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early as spring, which falls between March and May, and aims to debut the shares in Tokyo and elsewhere, possibly London, around autumn ... ( read original story ...)