CashNews.co (Bloomberg) — Elliott Investment Management reported a major stake in Tokyo Gas Co, the latest example of activist investors trying to unlock hidden value in Japanese firms. Most Read from Bloomberg The fund now holds 5.03% of the utility and may make important proposals to the company, it said in a filing Tuesday to […]
CashNews.co (Bloomberg) — Two of the worldâs biggest foreign holders of US government debt offloaded a pile of Treasuries in the third quarter as they rallied before the presidential election. Most Read from Bloomberg Japanese investors sold a record $61.9 billion of the securities in the three months ended Sept. 30, data from the US […]
CashNews.co By Tom Westbrook SINGAPORE (Reuters) – Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month. Markets are paying attention because Japan’s last rate hike 3-1/2 months ago […]
CashNews.co By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the yen on Monday to resume its recent ascent after Japan’s top central bank official signaled further monetary policy tightening was on the horizon, but was vague on the timing of any such hike. Bank of Japan Governor Kazuo Ueda reiterated the economy […]
CashNews.co TOKYO — Japan’s SBI Holdings will debut its first biotechnology-focused investment in Saudi Arabia as early as the first half of 2025 as part of an overseas push. The financial services group has reached an agreement with Saudi Arabia’s Ministry of Investment and other parties on the fund, which is expected to manage $50 million to $100 million […]
CashNews.co Marking The Debut Of The Four Points Flex Brand In Asia Pacific, This Opening Underscores The Company’s Strategic Growth In The Affordable Midscale Segment TOKYO, Nov. 18, 2024 /PRNewswire/ — Marriott International, Inc. (NASDAQ: MAR) reached a significant milestone in Japan today with the opening of its 100th property in Japan – Four Points […]
CashNews.co EMBARGOED TO 0001 MONDAY MARCH 27 Screen grab taken with permission from a undated video issued by the Ministry of Defence (MOD) of Ukrainian tank crews training in the UK. The crews have completed their training and returned home to continue their fight against Russia’s invasion. Defence Secretary Ben Wallace said the Ukrainian soldiers […]
CashNews.co Nissan Motor Co. shares jumped the most in 15 years after an activist investor took a 2.5% stake in the embattled Japanese automaker. Suntera (Cayman) Ltd., a trustee of ECM Master Fund, was identified as the buyer of the stake in a filing by Nissan. Interestingly, ECM Master Fund was cited in an unrelated filing from […]
CashNews.co Masa Takeda, Hennessy Japan Fund Portfolio Manager, joins the latest edition of Good Buy or Goodbye to discuss his top and bottom picks in the Japan market. Masa Takeda highlighting ORIX Corp. (8591.T) as a stock to buy, saying the normalizing rates in Japan is a tailwind for types of businesses like ORIX. In […]
CashNews.co ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Masa Takeda, portfolio manager at Hennessy Japan Fund, joins CNBC’s ‘Power Lunch’ to discuss why he’s bullish on Japan, what president-elect Trump’s proposed tariffs could mean for Japanese companies, and more. Read More #cashnews #Japan #finance