Financial Insights That Matter Nomura CEO Kentaro Okuda apologised and said he would take a voluntary pay cut last week after news broke that a former employee had been charged with attempting to murder and rob a client. This is not the first time he has made such an announcement. Earlier in October, the CEO […]
Financial Insights That Matter In the past year, Atsumi & Sakai expanded its legal team by welcoming two new partners, Christopher Hodgens and Akiko Hosokawa. Each brings a wealth of experience from tenures at Baker McKenzie. Hosokawa, with 27 years at Baker McKenzie and involvement in major projects like advising on the worldâs first cross-border […]
Financial Insights That Matter SINGAPORE, Dec. 9, 2024 /PRNewswire/ — Singapore-based boutique search agency, Kepler Search, has been recognized by W.Media, Asia’s largest data center and cloud industry publisher, for its success in navigating the notoriously challenging Northeast Asia talent markets, particularly Japan and Korea. Kepler Search won the Talent Acquisition and Management Team award at […]
Financial Insights That Matter (Bloomberg) — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here . Japanâs megabanks are awash in cash and eager to invest. Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. are enjoying […]
Financial Insights That Matter TOKYO — Japanese financial group SBI Holdings is considering participation in a Japan-based data center business being developed by Vietnamese tech giant FPT, eyeing a stake of up to 35% as demand tied to artificial intelligence continues to rise. SBI agreed on Monday to consider investing in FPT Smart Cloud Japan by the […]
Financial Insights That Matter Japan Smaller Capitalization Fund NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) — Japan Smaller Capitalization Fund, Inc. (NYSE: JOF) (the âFundâ) announced that it would make an ordinary income distribution of $0.3118 per share payable on December 27, 2024 to shareholders of record on December 19, 2024. The ex-dividend date will […]
Financial Insights That Matter TOKYO — Japanese financial services group Orix said Monday it has appointed Hidetake Takahashi, a senior managing executive officer, as president in the first switch in the post in 14 years. Takahashi, 53, assumes the dual role of president and chief operating officer effective Jan. 1. Makoto Inoue, Orix’s current president and CEO, […]
Financial Insights That Matter Paytm, through its Singapore unit, has divested its stake in Japanese payments company PayPay to SoftBank for JPY 41.9bn ($278.5m). Paytm Singapore had acquired stock acquisition rights (SARs) in PayPay in September 2020. In a stock exchange filing announcing the move, Paytm parent One97 Communications said that these SARs will now […]
Financial Insights That Matter Published : 2 hours agoon 09/12/2024 By Satoshi Sugiyama and Leika Kihara TOKYO (Reuters) -Japanâs economy expanded in July-September at a faster pace than initially reported thanks to upward revisions in capital investment and exports, keeping alive market expectations for a near-term interest rate hike by the central bank. But a […]
Financial Insights That Matter Japan’s government on Monday submitted to parliament a draft supplementary budget for fiscal 2024 worth 13.9 trillion yen ($92.7 billion) to finance a new economic package aimed at easing inflation-driven financial pressures on households. But it remains to be seen whether the spending plan will pass smoothly during the ongoing extraordinary […]