Edition:
United States

Taiga Uranaka

Head of Japan bank lobby calls for review of BOJ's price goal, easy policy

Feb 14 2019

TOKYO The head of Japan's bank lobby on Thursday urged the Bank of Japan to review its 2 percent inflation target and ultra-loose monetary policy, saying that sticking with its elusive inflation goal would do more harm than good.

Japan Tobacco forecasts strong sales amid tepid heat-not-burn products market

Feb 07 2019

TOKYO Japan Tobacco expects the country's heated tobacco market to post moderate growth this year but sees a nearly 80 percent rise in its own sales as it attempts to catch up with the sector leader Philip Morris International.

Japan's Daiwa aims to tap private equity ties in push for Europe advisory gigs

Feb 04 2019

TOKYO, Feb 5 Daiwa Securities Group Inc plans to leverage its close relations with mid-market European private equity funds looking to sell assets, as it works to advise more Japanese companies bent on sealing M&A deals on the continent.

Japan's MUFG third-quarter profit falls 6 percent on decline in gains from stock holdings

Feb 04 2019

TOKYO Mitsubishi UFJ Financial Group Inc (MUFG), Japan's largest lender by assets, on Monday reported a 6.4 percent decline in net profit for the three months through December, after market volatility curbed gains in its stock holdings.

Japan insurers to target China M&A in new phase after $50 billion overseas push

Feb 04 2019

HONG KONG/TOKYO Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world's second-largest buyer of insurance assets, and the deals spree won't be slowing down any time soon.

Nomura reviewing wholesale business after posting biggest loss in a decade

Jan 31 2019

TOKYO Nomura Holdings has put its wholesale business under review after the segment drove Japan's biggest brokerage and investment bank to its heaviest quarterly loss in nearly 10 years.

Nippon Life president says actively exploring M&A in U.S.

Jan 21 2019

TOKYO Nippon Life Insurance Co is actively seeking mergers and acquisitions overseas, with a focus on the United States and Asia's emerging economies, the president of Japan's largest life insurer said on Monday.

Japan Tobacco ratchets up smokeless war with new products

Jan 17 2019

TOKYO Japan Tobacco Inc on Thursday unveiled two "heat-not-burn" products, as it races against market leader Philip Morris International Inc for a larger share of the vaping space with conventional cigarettes steadily falling out of favor.

Japan's Nomura aims for increased deal-related business in U.S. push: CEO

Dec 27 2018

TOKYO Nomura Holdings Inc aims to increase its share of business arranging foreign exchange hedging, acquisition finance and other deal-related services for corporate clients in the United States, the CEO of Japan's biggest investment bank said.

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