Japan’s biggest bank – and the world’s fifth largest – gave London a big vote of confidence overnight by announcing nearly 200 new investment banking jobs in the capital. Mitsubishi UFJ Financial is to expand European operations in the hope of ... ( read original story ...)
Japan’s banks look southeast
Japan's manufacturing industries have been enjoying record profits thanks to a combination of stringent cost controls, growth in global trade and a weakening yen. Yet, the banking industry remains under a cloud, with the latest round of interim results ... ( read original story ...)
Japanese caviar — $105 for 20 grams
TOKYO -- A new batch of Japanese farmers wants to make the country famous for caviar. These farmers are raising sturgeons -- one of the oldest families of fish on the planet and among the world's most threatened group of animals. Sturgeons native to the ... ( read original story ...)
Uber hails multibillion investment from Softbank, eyes IPO
Uber Technologies is hailing a multibillion-dollar investment from Japanese technology conglomerate SoftBank and eyeing its next step: an IPO before 2019. Uber Technologies Inc. confirmed the investment in a statement Sunday without giving details. ( read original story ...)
Uber IPO on the cards? Japanese tech firm SoftBank to buy billion dollar stake and pave way for a stock market float
Uber looks set to take a big step on the path towards becoming a public company after a consortium of investors led by Japanese tech firm SoftBank agreed to invest billions in the transportation app. The taxi hailing app confirmed today it had signed a ... ( read original story ...)
Japan’s top banks lay out cost-cutting plans amid lending gloom
Japanese banks have been hit by diminishing returns on loans with the Bank of Japan aggressively driving down interest rates to combat deflationary pressures. BOJ recently said it would maintain its stimulus programme with inflation still quite far from a ... ( read original story ...)
UPDATE 2-Banking arm helps Japan Post’s H1 profit jump, but mail business weak
TOKYO, Nov 14 (Reuters) - Japan Post Holdings Co Ltd’s six-month net profit rose by a fifth as its banking unit again helped offset weakness at its mail business, underscoring its reliance on the arm as the government cuts its stake in the postal and ... ( read original story ...)
UPDATE 1-Japan Post H1 profit climbs 20 pct on banking unit, but postal business weak
TOKYO, Nov 14 (Reuters) - Japan Post Holdings Co Ltd’s six-month net profit rose 20.3 percent on the back of its banking unit, which once again helped the company offset a languid performance at the postal services business. The postal and financial ... ( read original story ...)
Japanese lender Mitsubishi UFJ creates nearly 200 new investment banking jobs in London
Japan’s biggest bank – and the world’s fifth largest – gave London a big vote of confidence overnight by announcing nearly 200 new investment banking jobs in the capital. Mitsubishi UFJ is to expand European operations in the hope of boosting ... ( read original story ...)
Further government sale of Japan Post Holdings not yet worked out – finance minister
TOKYO (Reuters) - Japan Finance Minister Taro Aso said on Tuesday that the government had not yet reached the stage of finalising a further sale of its shares in Japan Post Holdings Co Ltd . The Nikkei business daily reported on Monday that the ... ( read original story ...)
Further govt sale of Japan Post Holdings not yet worked out – finmin
TOKYO, Nov 14 (Reuters) - Japan Finance Minister Taro Aso said on Tuesday that the government had not yet reached the stage of finalising a further sale of its shares in Japan Post Holdings Co Ltd. The Nikkei business daily reported on Monday that the ... ( read original story ...)
Japan, China move gingerly toward rapprochement
MANILA -- Japanese Prime Minister Shinzo Abe held talks with the Chinese president and the premier on his Southeast Asian tour, pushing to revive top-level visits between the two countries that have remain suspended for nearly a decade. It was a rare ... ( read original story ...)
Funai Electric Joins Roku TV Licensing Program
Funai Electric Co., Ltd., established in 1961, is headquartered in Osaka, Japan and is listed in the Tokyo Securities ... Here is what's on his mind months after a sizzling IPO. Is there any stopping red-hot tech stocks like Nvidia and Microsoft? ( read original story ...)
Saudi Aramco’s IPO Preparations Ongoing, No Decision On Venue Abroad
As for other markets, a complete study was made,” he said naming New York, London, Tokyo and Hong Kong. The studies are under discussion now, he said, adding “This takes time.” Crown Prince Mohammad bin Salman said in October that the Aramco’s IPO ... ( read original story ...)
Early Uber investor: Why IPO when SoftBank will ‘save’ your company?
Uber is considering taking money from SoftBank. With some tech companies struggling post-IPO, Silicon Valley could start looking elsewhere for cash — namely, to Japanese billionaire Masayoshi Son, technology investor Jason Calacanis told CNBC's "Squawk ... ( read original story ...)
Uber confirms SoftBank investment that may pave road to 2019 IPO
Ride hailing firm Uber has clinched a deal with Japan’s SoftBank and San Francisco’s Dragoneer ... Sabre Insurances set to raise £213 million in London IPO Sabre Insurance has announced plans for a London flotation that is expected to raise up to ... ( read original story ...)