CashNews.co With a mission to scale investment in Africa, a new collaboration between Africa Finance Corporation (AFC) (www.AfricaFC.org), the continentâs leading infrastructure solutions provider, and the Japan Institute for Overseas Investment (JOI), established by the initiative of the Japan Bank for International Cooperation (JBIC), is set to embark on a series of initiatives to facilitate […]
Japan finance minister Kato: Will take appropriate action versus excessive FX moves #JapanFinance
CashNews.co High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do […]
Japan’s economy grows for a second straight quarter on the back of consumer spending #JapanFinance
CashNews.co TOKYO (AP) â Japanâs economy eked out an annual rate of 0.9% growth in the July-September period as consumer spending held up, government data showed Friday. The worldâs fourth-largest economy grew 0.2% in the fiscal second quarter, marking the second straight quarter of expansion, following 0.5% growth in April-June. Seasonally adjusted gross domestic product, […]
Japanâs Financial Titans Ready Their Earnings Reports For November #JapanFinance
CashNews.co Whatâs going on here? Japan’s financial powerhouses, such as Mitsubishi UFJ, Sompo, and Tokio Marine, are preparing to release their second-quarter earnings reports for 2025 this November, signaling strategic shifts in finance and insurance. What does this mean? Mitsubishi UFJ Financial Group starts the week with its earnings report on November 18, offering a […]
Japan megabanks log record profits and lift forecasts amid MBO boom #JapanFinance
CashNews.co TOKYO — Japan’s three megabanks on Thursday upgraded their profit forecasts for the year ending in March, following record results for the fiscal first half and amid optimism that the Japanese and U.S. economies will maintain momentum for the remainder of the second half. One of the key driving forces for profit growth was […]
Japan’s MUFG lifts profit forecasts after Q2 net income nearly doubles #JapanFinance
CashNews.co TOKYO (Reuters) – Mitsubishi UFJ Financial Group, Japan’s top lender by assets, on Thursday raised its annual net profit forecast to a record 1.75 trillion yen ($11.23 billion) after second-quarter profit surged on higher interest rates and the sale of cross-held shares. Group net profit for the July-September period came to 702 billion yen, […]
Japanâs Biggest Banks Raise Profit Goals, Unveil Buybacks #JapanFinance
CashNews.co (Bloomberg) — Japanâs biggest banks raised their annual profit forecasts to fresh records and unveiled plans to buy back shares, reaping the rewards from the nationâs rising interest rates and buoyant stock market. Most Read from Bloomberg Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. now project […]
4BIO Capital Becomes First UK Venture Fund Certified by Japan’s AMED #JapanFinance
CashNews.co 4Bio Capital Press Release 4BIO Capital Becomes First UK Venture Fund Certified by Japan’s AMED 4BIO Capital named as the first and only UK-based venture fund to be accredited by the Japan Agency for Medical Research and Development (AMED) AMED certification allows the firm to support Japanese life science ventures through non-dilutive funding model […]
Yen falls below 156 per dollar as investors see no quick intervention #JapanFinance
CashNews.co TOKYO — The yen fell to a four-month low against the dollar on Thursday, as many investors do not expect currency market intervention in the near future, despite repeated verbal warnings by the Japanese government about the abrupt decline of the yen. The yen fell below 156 to the dollar in Tokyo trade, its […]
Rs5bn grant Japan to finance Indus Basin flood management #JapanFinance
CashNews.co Dr Kazim Niaz, Secretary Ministry of Economic Affairs and Ambassador of Japan HE Wada Mitsuhiro signing exchange of notes for flood management project on Nov 13, 2024 in Islamabad. â PID ISLAMABAD: Japan will provide a new grant of worth 2.831 billion Yen (equivalent to around PKR5.119 billion) for flood management enhancement in the […]