CashNews.co By Maki Shiraki TOKYO (Reuters) -As much as Jun Nagao doesn’t like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the retail giant where he spent decades. Nagao, who until last year owned a 7-Eleven convenience store in Gunma, north of […]
Japan megabanks, DBJ to invest up to $175m in Rapidus #JapanFinance
CashNews.co TOKYO — Japan’s three megabanks plan to invest up to 5 billion yen ($35 million) each in Japanese chipmaker Rapidus, which aims to mass-produce cutting-edge semiconductors, Nikkei has learned. The government-backed Development Bank of Japan will also contribute 10 billion yen, bringing the major banks’ total capital contribution to 25 billion yen ($175 million). […]
Japan to India: Exploring Investment Opportunities in India’s Battery and Green Steel Sectors #JapanFinance
CashNews.co GR Japan and Climate Policy Initiative are jointly organizing this event to foster collaboration between Japan and India in tackling the urgent global challenge of climate change. The strong Indo-Japanese partnership provides a unique platform for expanding green investments, particularly in key sectors like battery production and green steel. For Japanese companies, this is […]
Japan’s Finance Regulators to Reform Crypto Gaming Laws #JapanFinance
CashNews.co Japan’s financial regulator, Financial Services Agency (FSA) is reportedly determined to introduce major reforms to the nation’s crypto gaming laws. Local Asian media outlet has reported that the FSA plans to discuss the introducing framework for facilitating crypto assets management by businesses. Some officials from the Financial System Council are expected to ‘review and […]
Stock market today: Asian shares extend gains after China-driven rally #JapanFinance
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Asian Equities Rally as Soft Yen Supports Japan: Markets Wrap #JapanFinance
CashNews.co (Bloomberg) — Asian equities climbed Thursday as a weaker yen and Beijing stimulus measures supported the region’s two largest stock markets. Most Read from Bloomberg Equities in Japan and South Korea and futures for Hong Kong all advanced, placing Asian equities on track to resume a rally over the past week that stalled in […]
USD/JPY stabilizes amid Bank of Japan’s cautious signals #JapanFinance
CashNews.co The USD/JPY pair has found a stable footing around 143.22 as investors carefully analyse the recent comments from Bank of Japan Governor Kazuo Ueda. His remarks suggest that the BoJ is taking a measured approach to monetary policy adjustments, signalling a possible delay in interest rate hikes. Governor Ueda emphasised the need to thoroughly […]
JMF Secures 37 Billion Yen in Diverse Debt Financing #JapanFinance
CashNews.co Japan Retail Investment (JP:8953) has released an update. Japan Metropolitan Fund Investment Corporation (JMF) has announced a new debt financing initiative, securing a total of 37 billion yen from various lenders with loan terms ranging from 0.5 to 10 years. This strategic financial move includes both fixed and floating interest rates, with details on […]
USD/JPY Stabilises Amid Bank Of Japan’s Cautious Signals #JapanFinance
CashNews.co By RoboForex Analytical Department The USD/JPY pair has found a stable footing around 143.22 as investors carefully analyse the recent comments from Bank of Japan Governor Kazuo Ueda. His remarks suggest that the BoJ is taking a measured approach to monetary policy adjustments, signalling a possible delay in interest rate hikes. Governor Ueda emphasised […]
Japan’s fiscal health put on backburner in race to choose next PM #JapanFinance
CashNews.co Japan’s fiscal health, the worst among advanced nations, is unlikely to improve under its next prime minister, with discussion of the issue noticeably absent in the race to become the ruling Liberal Democratic Party’s new leader this week. The government has set a target of achieving a surplus in the primary balance — tax […]