CashNews.co HONG KONG (AP) — Asian stocks were mixed Monday after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy. U.S. futures edged lower. Oil prices rose after Israel and the Lebanese militant group Hezbollah traded heavy fire early Sunday, triggering […]
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
CashNews.co By Kane Wu HONG KONG (Reuters) -U.S. investment giant Carlyle group said on Tuesday it had raised 430 billion yen ($2.8 billion) for its fifth Japan buyout fund, its largest investment vehicle for Japan. Strong demand and backing from domestic and global investors helped it raise nearly 70% more than its previous fund, Carlyle […]
CashNews.co Bank of Japan chief Kazuo Ueda said Friday that financial markets remain “unstable,” adding he will watch their developments “with extremely high” vigilance after stocks showed volatile moves earlier this month following the BOJ’s latest interest rate hike. “There is no change in our basic stance to adjust the degree of monetary easing” if […]
CashNews.co MUMBAI: DMI Finance, a digital-first NBFC co-founded by former Citibankers, said it is raising an equity investment of Rs 2,798 crore (about $334 million) from Japan‘s MUFG Bank (Mitsubishi UFJ Financial Group). This latest funding round increases MUFG’s total investment in DMI Finance to Rs 4,712 crore (about $565 million).The funding marks the latest […]
CashNews.co By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Japanese inflation and monetary policy are under the spotlight in Asian trading on Friday, as a mood of nervous anticipation descends on world markets ahead of U.S. Fed Chair Jerome Powell’s Jackson Hole speech later in the day. U.S. stocks […]
CashNews.co Japan’s Finance Ministry says foreign investments in Japanese retail giant Seven & i Holdings must undergo a review by authorities. Seven & i received a takeover offer from Canadian convenience store and gas station operator Alimentation Couche-Tard. The Japanese company is considering how to respond to the proposal. Japan’s Foreign Exchange and Foreign Trade […]
CashNews.co TOKYO — Japan will require listed companies to disclose more information if they reclassify strategically held shares as being owned for investment purposes, amid concerns that some businesses are concealing their actual intentions, Nikkei has learned. This comes as institutional investors step up pressure on companies to unwind “strategic” shareholdings — commonly used in […]
CashNews.co Japanese companies have just posted record quarterly profits, but the yen’s rebound is fueling worries about just how sustainable their earnings growth will be amid weak demand in China and the risk of a slowing U.S. economy. The murky outlook is likely to dog Japanese stocks after they suffered one of the worst crashes in history […]
CashNews.co DMI Finance, the NBFC arm of the DMI Group, announced that it has received a Rs 2,798 crore (approximately $334 million) equity investment from Mitsubishi UFJ Financial Group (MUFG) through its consolidated subsidiary MUFG Bank. This brings the total investment by MUFG in DMI Finance to Rs 4,712 crore (approximately $565 million). MUFG had […]