CashNews.co By Mariko Katsumura, Scott Murdoch and Kane Wu TOKYO (Reuters) -Japanese retail giant Seven & i Holdings said on Friday it had turned down Canada’s Alimentation Couche-Tard’s $38.5 billion cash bid, rejecting an offer that would be the largest-ever foreign buyout of a Japanese company. 7-Eleven operator Seven & i said the takeover proposal […]
CashNews.co TOKYO (Reuters) -Japanese household spending rose less than expected in July as consumers remained wary of loosening their purse strings in the face of higher prices, possibly complicating the central bank’s plans to hike interest rates further in coming months. Consumer spending edged up 0.1% in July year-on-year, compared with the median market forecast […]
CashNews.co Journal of CommerceREFORMS MAY PARE JAPAN’S FINANCE FIRMSSome financial institutions may be eliminated in the wake of Japan’s planned ”Big Bang” financial..1 day ago Read More #cashnews #Japan #finance
CashNews.co Canadian convenience store giant Alimentation Couche-Tard (ACT) has set its sights on Seven & i wHoldings, the Tokyo-based parent company of 7-Eleven. If the deal goes through—ACT submitted an offer to buy all outstanding shares of Seven & i last month—it will mark a significant step into Japan’s retail market by a foreign firm, […]
CashNews.co Japan stocks higher at close of trade; Nikkei 225 up 0.14% Investing.com – Japan stocks were higher after the close on Monday, as gains in the Shipbuilding, Power and Manufacturing sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.14% to hit a new 1-month high. The best performers of […]
CashNews.co By Quang Minh Thu, September 5, 2024 | 11:13 am GMT+7 Hanoi-based MB Shinsei Finance Company, popularly known as Mcredit, earned a net profit of VND43 billion ($1.73 million) in the first half of the year, down 87% year-on-year. The fall in earnings drove its return on equity ratio (ROE) down to 1.39% […]
CashNews.co (Bloomberg) — Japanese stocks swung between gains and losses as domestic demand-oriented shares including rail and telecom companies climbed, while exporters fell as the yen held its strength. Most Read from Bloomberg The Topix index rose as much as 0.5% after falling 1.5%, with about three stocks gaining for each one that declined. Information […]
CashNews.co TOKYO (AP) — One by one, the students, lawyers and others filed into a classroom in a central Tokyo university for a lecture by a Chinese journalist on Taiwan and democracy — taboo topics that can’t be discussed publicly back home in China. “Taiwan’s modern-day democracy took struggle and bloodshed, there’s no question about […]
CashNews.co A global movement towards realization of a decarbonized society has been accelerating since the 2015 international agreements on Sustainable Development Goals (SDGs) and the Paris Agreement. In Japan, then Prime Minister Yoshihide Suga declared in October 2020 that Japan would aim to be a decarbonized, carbon neutral society by 2050 by reducing greenhouse gas […]
CashNews.co TOKYO — Japan’s three megabanks are working on a framework for instant international payments that uses blockchain technology on top of existing payment infrastructure, eyeing commercial use next year, Nikkei has learned. Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group will begin trials as early as this fall with more […]