CashNews.co Overview of Recent Transaction On September 30, 2024, Allspring Global Investments Holdings, LLC (Trades, Portfolio) made a significant adjustment to its investment portfolio by reducing its stake in Japan Smaller Capitalization Fund Inc (NYSE:JOF). The firm sold 15,942 shares at a price of $8.27 each, resulting in a total holding of 5,714,329 shares in […]
CashNews.co (Bloomberg) — Billionaire Steve Cohen’s Point72 Asset Management is almost doubling its office space in Tokyo as it moves to a newer skyscraper in the capital’s central financial district. Most Read from Bloomberg The US hedge fund will move to Otemachi One Tower early next year, according to a person familiar with the matter. […]
CashNews.co By Makiko Yamazaki TOKYO (Reuters) – Japanese manufacturers turned more confident about business conditions in October, a Reuters monthly poll showed on Wednesday, but they remained wary about the pace of China’s economic recovery. The service sector’s mood eased, the survey showed, reflecting patchy economic conditions in Japan. The Reuters Tankan, which closely tracks […]
CashNews.co TOKYO — Dialogue with shareholders is increasingly important for public companies in Japan, the Tokyo Stock Exchange’s owner said on Tuesday, as a broad push to revamp corporate governance in Asia’s No. 2 economy accelerates. “Corporate governance reform has only just begun,” Hiromi Yamaji, CEO of Japan Exchange Group, which owns the TSE, said […]
CashNews.co By Satoshi Sugiyama and Chang-Ran Kim TOKYO (Reuters) -Japan’s inflation-adjusted wages fell in August while household spending also declined, but analysts say underlying trends point to a gradual recovery in pay and consumption and should support the central bank’s plans for additional rate hikes. Real wages in the world’s fourth-largest economy fell 0.6% in […]
CashNews.co Forexlive | Forex News, Technical Analysis & Trading ToolsJapan’s yen intervention official says will monitor FX including speculative movementJapan’s Finance Ministry’s Vice Finance Minister for International Affairs Atsushi Mimura. He is the official who will instruct the BOJ to….1 day ago Read More #cashnews #Japan #finance
CashNews.co OpenAI continues to attract tons of venture capital, its accumulated take reportedly hovering at $6.5 billion most recently. And a valuation that now exceeds $150 billion might appear to give the Microsoft and Softbank-backed startup an insurmountable advantage in the generative artificial intelligence (GenAI) space. But emerging players like Paris-based Mistral AI and Tokyo-based […]
CashNews.co Japanese Finance Minister Katsunobu Kato gives an interview at the ministry in Tokyo on Oct. 7, 2024. (Kyodo) TOKYO (Kyodo) — New Finance Minister Katsunobu Kato said Monday that Japan will implement “necessary responses” to address recent volatility in the foreign exchange market and to […]
CashNews.co Sudden moves in Japan’s currency hurt companies and households, and that impact requires close government scrutiny, newly appointed Japanese Minister of Finance Katsunobu Kato said in a group interview yesterday, following a pronounced slide in the yen in recent days. “The problem is sharp currency fluctuations can have a negative impact on business activity […]
CashNews.co Japan’s new finance minister hinted Monday that the new administration might be less hawkish on rates than originally expected. “I will put every effort into getting Japan out of deflation,” said Finance Minister Katsunobu Kato, who is also the minister charged with battling deflation. Beating deflation requires loose monetary policy, according to Abenomics, of […]