TOKYO For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products and avoiding the cost of maintaining a large sales force.
* Regional banks navigating low rates, ageing population
(Adds executive comments, context)
TOKYO Bank of Yokohama and Chiba Bank Ltd are considering a business tie-up, the banks said on Tuesday, after the Nikkei newspaper reported that the two regional lenders would form a comprehensive partnership.
TOKYO Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, on Friday reported a profit of 9.1 trillion yen ($84.4 billion) in January-March, swinging from a record loss in the prior quarter, thanks to an upturn in stock markets.
TOKYO Japan's Nomura Holdings Inc won shareholder approval on Monday for the re-appointment of its chief executive officer, overcoming concerns about the leaking of market information and its first annual loss in a decade.
ZURICH/TOKYO UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years.
TOKYO Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and Myanmar for possible future investment, the CEO of Japan's second-largest bank by assets said.
TOKYO Mizuho Financial Group aims to build a warchest of several billion dollars in the next five years to target financial technology in Asia, its chief said, as the Japanese megabank looks to chart a different path from its bigger rivals.
TOKYO Japan on Friday named six investment banks to lead manage a mammoth sale of shares in Japan Post Holdings, leaving out top-ranked Nomura Holdings days after it was disciplined over an information leak.