CashNews.co Japan is closely watching currency movements and is ready to take all necessary steps, Finance Minister Shunichi Suzuki said Friday, amid market caution about intervention to slow the yen’s depreciation as it hit a 34-year low against the U.S. dollar. The yen slipped to the 156 level against the dollar for the first time […]
CashNews.co (Bloomberg) — Morgan Stanley posted record revenue in Japan driven by gains in share and bond trading as it pledged to help boost investment in the country. Most Read from Bloomberg Net revenue at Morgan Stanley MUFG Securities Co., the US firm’s majority-owned brokerage venture with Japan’s largest banking group, rose 13% in the […]
CashNews.co (Bloomberg) — The turmoil triggered by the Bank of Japan’s recent interest rate hike has produced two more entries for the record book: All time highs for both inflows and outflows in the nation’s stocks last week. Most Read from Bloomberg Global investors were net buyers of Japanese stocks in the week ending Aug. […]
CashNews.co Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest financial institutions, has taken a significant step toward promoting sustainability and positive social impact. In a recent announcement, MUFG unveiled its Sustainable Finance Frameworkdesigned to channel capital markets funding into projects that benefit the environment and society. As an international financial institution, MUFG offers a […]
CashNews.co (Bloomberg) — Japan has decided to apply foreign trade regulations to chipmaking equipment as part of its efforts to secure stable supply chains, the Ministry of Finance said Friday. Most Read from Bloomberg Foreign investors are now required to give prior notice when conducting direct investment in equipment tied to chipmaking, including when acquiring […]
CashNews.co (Bloomberg) — As Japan’s race for a new premier heats up, candidates will be scrutinized for their views on monetary policy, with the shake-up coming at a pivotal moment when the economy is just emerging from decades of deflation. Most Read from Bloomberg A recent episode illustrates the risks for politicians when they weigh […]
CashNews.co By Rae Wee SINGAPORE (Reuters) – Asia shares were headed for a weekly gain on Friday and Japan’s benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and U.S. Treasury yields held broadly steady. Last week’s market turmoil was […]
CashNews.co Japan is closely watching foreign exchange moves and will take “all necessary steps,” Finance Minister Shunichi Suzuki said Monday, as the yen fell to a fresh 34-year low versus the U.S. dollar. The yen, which has been on a downward trend, dropped to around 153.70 in Tokyo, a level unseen since 1990, though caution […]
CashNews.co The Carlyle Group Inc. CG has delayed the closing of its latest pan-Asian buyout fund. According to Bloomberg, this delay occurred as investors were increasingly directing their interest and capital into other Japan-focused funds. CG has sought an extension to finalize its sixth regional buyout fund, which was launched more than two years ago […]
CashNews.co TOKYO (AP) — Asian shares were mostly higher Thursday after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth. Japan’s benchmark Nikkei 225 jumped 1.0% in morning trading to 36,808.75. Australia’s S&P/ASX 200 rose 0.3% to 7,871.90. Hong Kong’s Hang Seng […]