CashNews.co Dr Kazim Niaz, Secretary Ministry of Economic Affairs and Ambassador of Japan HE Wada Mitsuhiro signing exchange of notes for flood management project on Nov 13, 2024 in Islamabad. — PID ISLAMABAD: Japan will provide a new grant of worth 2.831 billion Yen (equivalent to around PKR5.119 billion) for flood management enhancement in the […]
CashNews.co TOKYO — Japan’s 7-Eleven convenience store chain owner Seven & i Holdings is considering plans to go private by means of a management buyout, Nikkei learned on Wednesday. According to sources, the retail giant is approaching financial institutions about raising funds for the plan as a way to fight a takeover offer from Canada’s […]
CashNews.co TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments. Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period. Quarterly […]
CashNews.co Setting finance goals for tackling climate change is a major issue at a summit-level meeting of the United Nations climate change conference in Azerbaijan. The COP29 meeting kicked off in the capital Baku on Monday. The two-day summit-level meeting began on Tuesday. This year’s COP conference plans to set new goals of financial assistance […]
CashNews.co By Kane Wu TOKYO (Reuters) – Carlyle, Warburg Pincus and a host of global investment firms plan to beef up headcount in Japan as deals here surge, but the country’s relatively low number of buyouts for much of the past two decades has made it tough to find people with expertise. Carlyle, which has […]
CashNews.co This disparity, evident both globally and in India, demands urgent attention. Recent data from the 2023 OECD/INFE International Survey reveals that women globally score less than men in financial well-being and resilience. The S&P Global FinLit Survey states that worldwide, 35% of men and 30% of women are financially literate. In India, the situation […]
CashNews.co (Bloomberg) — Japanese Prime Minister Shigeru Ishiba pledged more than $65 billion of fresh support for the nation’s semiconductor and artificial intelligence sector as Tokyo looks to keep up with a global spending spree on cutting-edge tech. Most Read from Bloomberg Ishiba said he hoped public aid of more than ¥10 trillion ($65 billion) […]
CashNews.co TOKYO: Japan’s government is not planning any tax hike to finance its 10 trillion yen (US$65 billion) plan to support domestic semiconductor and artificial intelligence projects, industry minister Yoji Muto said on Tuesday (Nov 12). Muto’s remarks came a day after Prime Minister Shigeru Ishiba unveiled the aid to boost the country’s technology sector […]
CashNews.co Mitsubishi UFJ Financial Group Inc. is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence in the world’s most populous nation. The goal for Japan’s largest lender is to push up its buyouts and investment in India, and increase annual returns from them to 20% in 10 […]
CashNews.co By Simon Jessop, Karin Strohecker and Katy Daigle BAKU (Reuters) – The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB executive said, marking the first ever sovereign guarantees for climate finance. The new […]