CashNews.co 7-Eleven is the world’s biggest convenience store chain [Getty Images] When the owner of 7-Eleven announced this week that it had received a buyout offer from a Canadian rival it triggered shockwaves in Japan. A Japanese company of this size has never been bought by a foreign firm. Historically, companies from Japan were more […]
CashNews.co TOKYO (Reuters) – Japan’s exports rose at a slightly slower pace than expected in July and shipment volumes extended their declines, data showed on Wednesday, adding to some doubts about the outlook for an economy that has only just started to pick up the recovery pace. The outcome follows separate data last week that […]
CashNews.co Photo by Jungwoo Hong via Unsplash. The bank reported over 16 million accounts as of July 2024. Rakuten Bank has surpassed over $74.75b (JPY11t) in deposits as of end-July 2024. In a press release, the Japan-headquartered bank announced that it has over 16 million accounts excluding closed accounts. Beginning May 2024, the bank began […]
CashNews.co By Miho Uranaka, Takaya Yamaguchi TOKYO (Reuters) -Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway operator as early as October-end, three sources said, in what would be the nation’s biggest IPO in roughly six years. The two governments, […]
CashNews.co STORY: Japan is seeking a $4.7 billion valuation for Tokyo Metro, in what would be the country’s biggest listing in six years. That’s according to three sources who spoke to Reuters that say it could happen by the end of October. Tokyo Metro is the larger of the city’s two subway operators and a […]
CashNews.co (Bloomberg) — Activist investors took advantage of Japan’s stock rout earlier this month to boost their holdings, seeking more influence over companies ranging from drug makers to construction firms. Most Read from Bloomberg Funds affiliated with prominent Japanese activist investor Yoshiaki Murakami, Tokyo-based Strategic Capital Inc. and the UK’s Nippon Active Value Fund Plc […]
CashNews.co Environmental, social and governance (ESG) investment is booming in Japan even as it is stagnates globally, with the country’s middle-of-the-road approach making it more palatable to corporations and the financial markets and making it a more sustainable proposition over the long term. “The trend in Japan is clearly different from the global one. The […]
CashNews.co Two weeks after Japanese stock markets fell sharply following the Bank of Japan’s rate rise, the tremors have subsided, as Japan’s Nikkei index enjoyed its second strongest day of trading in 2024. On August 5, the Nikkei ended with a 12% slump—down from an earlier 17% decline—amidst panic and mayhem. It was only the […]
CashNews.co WTAQJapan will continue to monitor, analyse financial market moves, Finance Minister saysTOKYO (Reuters) – The Japanese government will continue to monitor and analyse financial market moves and work closely with relevant….1 week ago Read More #cashnews #Japan #finance
CashNews.co TOKYO — Financial service group Orix will invest more than 150 billion yen ($1 billion) to expand its fleet of aircraft for leasing operations, seeking to tap growing demand for planes amid a recovery in global travel. The company will purchase more than 50 aircraft, mostly small and mid-sized used planes, over the next […]