CashNews.co Yasuhiro Ogawa, CEO of Samty Holdings Hillhouse Investment Management, together with its Rava Partners real assets unit, late Friday announced a tender offer to buy out the common shares in Japanese developer Samty Holdings in a deal which values the company at JPY 169 billion ($1.13 billion). The tender offer, which is being supported […]
CashNews.co By Leika Kihara TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba said on Saturday he would not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability. “It’s important to avoid vocally intervening” in monetary policy affairs, or appear as if he was doing so, Ishiba said in a […]
CashNews.co SHANGHAI/SINGAPORE ā China’s highly anticipated announcement of financial stimulus plans on Saturday was big on intent but low on the measurable details that investors need to ratify their recent return to the world’s second-biggest stock market. Saturday’s news conference by Finance Minister Lan Foan reiterated Beijing’s broad plans to revive the ailing economy, with […]
CashNews.co Market Environment After 12 strong months, Japan’s equity markets experienced a sharp selloff and then fast recovery in early August after the Bank of Japan (BOJ) raised interest rates which contributed to a surge in the value of theyen and then quickly sought to assuage investor concerns over its macro policy. The BOJ has […]
CashNews.co Japan – Equity fund seekers should not consider taking a look at Fidelity Japan Fund (FJPNX) at this time. FJPNX holds a Zacks Mutual Fund Rank of 4 (Sell), which is based on various forecasting factors like size, cost, and past performance. Objective FJPNX is part of the Japan – Equity section, which is […]
CashNews.co TOKYO (Reuters) – Japan’s core consumer inflation rate likely eased in September as energy costs eased due to government subsidies, while export growth slowed sharply, a Reuters poll showed on Friday. The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have risen 2.3% in September […]
CashNews.co The Finance Ministry is temporarily excluding Nomura Holdings from taking part in government debt auctions after the firm admitted to manipulating the bond futures market. Nomura will be suspended from “special entitlementsā of Japanese government bond dealers for a month from Tuesday, the ministry said in a statement on its website on Friday. The […]
CashNews.co TOKYO: Japanese Finance Minister KATO Katsunobu said Friday that he will visit Washington on Oct. 23-27. In the U.S. capital, he will attend annual meetings of the International Monetary Fund and the World Bank, and a meeting of finance ministers and central bank chiefs of the Group of 20 advanced and emerging economies. Kato, […]
CashNews.co (Bloomberg) — Japanās Ministry of Finance plans to temporarily exclude Nomura Holdings Inc. from taking part in government debt auctions after the firm admitted to manipulating the bond futures market, according to people familiar with the matter. The ministry plans to suspend Nomura from the primary group of Japanese government bond dealers for a […]
CashNews.co (Bloomberg) — Japanās Ministry of Finance plans to temporarily exclude Nomura Holdings Inc. from taking part in government debt auctions after the firm admitted to manipulating the bond futures market, according to people familiar with the matter. Most Read from Bloomberg The ministry plans to suspend Nomura from the primary group of Japanese government […]