Reliance Mutual Fund IPO draws big demand from anchor investors

Here's are key points you must know before considering the issue: Issue size The issue of Reliance Nippon Asset Management, a joint venture between Reliance Capital and Japan's Nippon Life ... Rs 247-252 price band. The IPO size would be around 10 per ... ( read original story ...)

Japan ruling party win boosts Nikkei; other trading muted

TOKYO -- Global trading was muted Monday, but Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth. KEEPING SCORE: France's CAC 40 was virtually ... ( read original story ...)

Japan ruling party victory boosts Nikkei; rest of Asia mixed

TOKYO — Shares were mixed Monday in Asia, while Japan's benchmark rose on the back of a parliamentary election victory by Prime Minister Shinzo Abe's Liberal Democrats, who had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 ... ( read original story ...)

BOJ Suggests Japanese Banks Have Too Many Employees, Branches

“The low profitability of Japanese financial institutions is striking from an international perspective,” the Bank of Japan said in its twice-yearly financial system report. The number of employees and branches “may be in excess relative to demand ... ( read original story ...)

Saudi Aramco’s $100 billion IPO is on track for 2018 launch

Exchanges in London and New York are vying for a role in Aramco’s IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. "We will announce the venue in due course," Al-Falih said in London, where he was attending the annual ... ( read original story ...)

Nikkei hits new highs after Japan election

These are external links and will open in a new window Japanese stocks hit their highest level since 1996 on Monday after exit polls indicated Prime Minister Shinzo Abe had won a clear election victory. The Nikkei climbed nearly 1%, extending its recent ... ( read original story ...)

Nikkei rises on Japanese ruling party win, most of Asia up

TOKYO — Asian stocks were mostly higher Monday, with Japan's benchmark rising on the back of an election victory by the prime minister's ruling party, which had promised stability and growth. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 1 per cent ... ( read original story ...)

Abe on track to win fresh majority as Japan votes

TOKYO -- Prime Minister Shinzo Abe is likely to win a fresh mandate as Japan votes on Sunday in a snap election, according to opinion polls, with a divided opposition and heavy rain helping the incumbent. A Nikkei poll conducted Tuesday through Thursday ... ( read original story ...)

Abe’s election victory pushes Nikkei higher

TOKYO -- The Nikkei 225 average is on track for its longest winning streak ever, pushed along by Prime Minister Shinzo Abe's landslide victory in Japan's lower house election. The 225-issue Nikkei Stock Average rose 248.36 points, or 1.15%, to 21,706 yen ... ( read original story ...)

Abe’s win puts Nikkei on track for record 15th straight rise

TOKYO, Oct 23 (Reuters) - Japan’s Nikkei share average made 21-year highs on Monday and was on course to rise for a record fifteenth straight session, lifted by a weaker yen after Japanese Prime Minister Shinzo Abe’s coalition scored a resounding ... ( read original story ...)

HK global garment supplier Crystal to end IPO drought

The IPO opens on Oct. 23, the lead managers will price the deal on Oct. 26, and the shares will start trading on Nov. 3. Japanese firm Fast Retailing, which owns Uniqlo, will purchase 4.2% of the shares and US fashion retailer L Brands, which owns Victoria ... ( read original story ...)

Saudis said to weigh delay of foreign part of Aramco IPO

London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority, the UK markets regulator, on Friday defended a proposal to change listing rules ... ( read original story ...)