The company "plans to open its IPO on Wednesday, October 25, and close on Friday, October 27 with a price band of Rs 247-252 per equity share," the filing noted. Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to ... ( read original story ...)
Japan’s stock market has hit a 21-year high: Has Abenomics recreated the economy or will political uncertainty and North Korea end the party?
The latest of which came this week as upbeat sentiment sent Japan's best known stock index the Nikkei 225 up to a 21 year peak of 20,881 on Wednesday. Following an extensive stimulus effort by the central bank, deflation has been fended off and economic ... ( read original story ...)
Unloved Japanese Bank Shares Could See a Fourth-Quarter Bounce
As earnings results at some of the biggest U.S. banks steal the limelight on Thursday, it may be worth keeping an eye on lenders on the other side of the world. Japanese bank stocks, this year’s laggards, are due a decent run into the end of the year, if ... ( read original story ...)
Japan’s wholesale prices rise at fastest in nine years, bank lending up
TOKYO (Reuters) - Japanese wholesale prices rose in September at the fastest annual pace in almost nine years due to rising prices for gasoline, metals, and agricultural products, but the gains won’t necessarily boost the country’s notoriously weak ... ( read original story ...)
Markets Tread Water Ahead of U.S. Bank Earnings
Dollar softens after Fed minutes Stocks in Japan, South Korea touch records Big banks set to ... flat in morning trading as a fall in government bond yields weighed down the banking sector. Futures... ( read original story ...)
Japan’s wholesale prices rise at fastest in 9 yrs, bank lending up
* Aug wholesale prices rise 3.0 pct yr/yr, matching forecast * Wholesale prices rise for 9th straight month * Analysts still cautious on consumer prices By Stanley White TOKYO, Oct 12 (Reuters) - Japanese wholesale prices rose in September at the fastest ... ( read original story ...)
Japan Overall Bank Lending Gains 3.0% In September
TOKYO (Alliance News) - Overall bank lending in Japan was up 3.0% on year in September, the Bank of Japan said on Thursday - coming in at 516.810 trillion yen. That was shy of expectations for an increase of 3.2%, which would have been unchanged from the ... ( read original story ...)
Citi will set up a private banking hub in Luxembourg to mitigate ‘hard Brexit’ risks
LONDON — US bank Citi will open a European private banking hub in ... when it comes to Britain's impending exit from the European Union. Most lenders from Japan and the USA currently have their European bases in London, but are expected to shift ... ( read original story ...)
Wall St helps boost Japan’s Nikkei to 21-year high
Japan's Nikkei share average scaled its loftiest peak in more ... and forecast a 12.1 percent rise for the current the year through Aug. 31, 2018. Aomori Bank shares jumped 13.4 percent after the regional lender said it will scrap a plan to issue new ... ( read original story ...)
India to send 3 lakh youth to Japan for on-job training
NEW DELHI: India will send three lakh youth to Japan for on-job training for 3-5 years as part of the government's skill development programme, Union minister Dharmendra Pradhan said here on Wednesday. Japan will bear the financial cost of the skill ... ( read original story ...)
Reliance Nippon IPO opens on October 25; price band fixed at Rs 247-252
NEW DELHI: Reliance Nippon Asset Management on Thursday said that its Rs 2,000 crore initial public offer (IPO) will open on October 25. The firm, which is jointly owned by Reliance Capital and Japan's Nippon Life and is the asset manager to Reliance ... ( read original story ...)
Tale of 2 cities: Olympics sponsors in Pyeongchang and Tokyo
Tokyo tells a different story ... after the office of then-President Park Geun-hye made a special request and multichannel pressures for financial assistance, Joo said. Elsewhere, companies may weigh sponsorship decisions based more on the marketing ... ( read original story ...)
Kobe Steel CEO says data-cheating may have spread beyond Japan as gov’t orders probe
TOKYO (Reuters) - Kobe Steel's CEO said on Thursday the firm's data-fabrication may have spread beyond Japan, as he was ordered by the government to report on how the misconduct occurred and address safety concerns that have sparked a scare along global ... ( read original story ...)
Bain Capital leads the charge as Japan’s private equity dealmaking picks up
HONG KONG/TOKYO (Reuters) - Bain Capital is planning on further ramping up its dealmaking in Japan after it came out on top in the recent battle to purchase Toshiba's semiconductors arm and as it bids to buy out Japan's third-largest advertising agency ... ( read original story ...)
Toyota plans to halve Japan car models by 2025: source
TOKYO (Reuters) - Toyota Motor Corp is planning to halve the number of car models it sells in Japan to about 30 by 2025 to focus on more popular models in a shrinking market, a person briefed on the matter told Reuters on Thursday. The automaker currently ... ( read original story ...)
Volcano eruption in Japan dumps ash on 4 cities, towns
TOKYO - A volcano in southwestern Japan is erupting for the first time in six years and spread ash in nearby cities and towns Thursday. Japanese broadcaster TBS showed elementary school students wearing helmets and masks on the way to their school at the ... ( read original story ...)