CashNews.co Financial TimesJapanâs stock market is producing too many âpunycornsâWhen EcoNaviSta listed on Tokyo’s all-new Growth Market last year, shares in the artificial intelligence-powered big data sleep analysis….4 minutes ago Read More #cashnews #Japan #finance
CashNews.co It’s common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss-making companies are always […]
CashNews.co TOKYO (Reuters) – Tesla will start selling its Powerwall home battery system in Japan through electronics store chain Yamada Denki, the Nikkei business daily reported on Wednesday. The Nikkei said the electric vehicle giant aims to speed up distribution of its home battery system in Japan by partnering with Yamada Holdings, the operator of […]
CashNews.co TOKYO — Japan will allow foreign banks without branches in the country to participate in syndicated loans that use foreign currencies, aiming to help businesses access capital to invest abroad. Japanese law currently requires overseas lenders to have a Japanese banking license, or a physical office or personnel in the country, in order to […]
CashNews.co HONG KONG/LONDON (Reuters) — HSBC merged some operations and split its geographic footprint into East and West in a sweeping restructuring under new CEO Georges Elhedery that also included the appointment of the bank’s first female finance chief. Under the revamp, announced on Tuesday, HSBC will combine some of its commercial and investment banking businesses. It also installed […]
CashNews.co Stay informed with free updates Simply sign up to the Japanese business & finance myFT Digest — delivered directly to your inbox. A UK-based activist fund has taken a stake in one of Japanâs biggest property groups and is calling for divestments and a strategy overhaul, as foreign investors continue to pressure the countryâs […]
CashNews.co By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) – Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan’s state auctions, two sources said, as it seeks a foothold in the fledgling market. Equinor’s bid underscores the focus some wind […]
CashNews.co Expectations of stronger rate cuts in the United States and more rate hikes in Japan caused the yen to appreciate in August 2024. By the end of August, the yen had appreciated to 144.6 against the US dollarâthe strongest it had been since the first week of the year.12 The yen continued to appreciate […]
CashNews.co (Bloomberg) — The trading debut of Tokyo Metro Co., which runs one of the worldâs largest subway systems, will test the bull case for the Japanese stock market as its biggest listing in six years. Most Read from Bloomberg The initial public offering of Tokyo Metro, which runs an extensive network of underground train […]
CashNews.co TOKYO — Japan’s household debt is outpacing income amid surging home prices, raising concern about the ability of borrowers to keep up with payments as the Bank of Japan considers further rate increases. Liabilities held by households of two or more averaged 6.55 million yen ($43,500) in 2023, topping the average annual income of 6.42 million yen for […]