TOKYO Japan's antitrust regulator on Friday said brokerages could be acting illegally if they knowingly underprice initial public offerings (IPO), a practice detrimental to startups upon whom the government is relying to help stoke economic revival.
TOKYO Japan could open up to blank-cheque listings but with its own safeguards for investors, the head of the Tokyo bourse said, as the government scrambles to grow startup firms as a way to revitalise the world's third-largest economy.
TOKYO (Reuters) -Farallon Capital Management on Tuesday urged Toshiba Corp to secure the legally required support of two-thirds of its shareholders before the Japanese industrial conglomerate continues with a controversial plan to split in three.
TOKYO, Jan 17 Mizuho Financial Group,
Japan's third-biggest lender, on Monday named senior executive
officer Masahiro Kihara as its next chief executive as it races
to tackle long-running banking system failures and transform its
TOKYO Toshiba Corp's proposal to split itself into three companies won't solve its governance issues and the conglomerate should prioritise an overhaul of its board and management, said a senior executive at one of Japan's largest pension funds.
TOKYO, Jan 12 Toshiba Corp's proposal
to split itself into three companies won't solve its governance
issues and the conglomerate should prioritise an overhaul of its
board and management, said a senior executive at one of Japan's
largest pension funds.
TOKYO Nearly 85% of the companies listed on the top section of the Tokyo Stock Exchange will be permitted on its new "prime" market in an April rebranding, the bourse said on Tuesday, potentially diluting its goal of creating a more prestigious main board.
TOKYO The second-largest investor in Japan's Toshiba Corp on Thursday called for an extraordinary general meeting, seeking to force the company to win two-thirds support for a three-way breakup plan that has angered some major overseas shareholders.
TOKYO Daiwa Securities Group Inc, Japan's second-largest brokerage and investment bank, is no longer hesitant to advise a hostile acquirer if a deal would benefit the target company or its industry, its CEO told Reuters.
TOKYO Mitsubishi UFJ Financial Group Inc (MUFG) will launch a new $300 million fund to offer debt financing to late-stage tech startups in the Asia-Pacific region, its chief executive said, as Japan's largest lender seeks to tap opportunities in growing economies.