Edition:
United Kingdom

Takashi Umekawa

Exclusive: Japan kept activist investor in limbo over key Toshiba vote, sources say

07 Aug 2020

TOKYO Activist fund Effissimo Capital Management, the biggest investor in Toshiba Corp, was kept in limbo by Japan's government over a key shareholder vote until the day before the industrial conglomerate's annual meeting, two government sources said.

Japan's Mitsubishi UFJ Trust to bolster testament business with will-making app

03 Aug 2020

TOKYO The trust banking arm of Mitsubishi UFJ Financial Group Inc plans to strengthen its testament business with a new app in September aimed at giving Japan's aging population experience in crafting a will, its chief executive said.

Japan's government pension fund keeping eye on global macro-economic policy amid outbreak, president says

31 Jul 2020

TOKYO Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, has been closely watching global macro-economic policies since the coronavirus outbreak as these measures may affect markets, the president said.

Nomura delivers second-best quarter since 2002 on steep cost cuts

29 Jul 2020

TOKYO Nomura Holdings Inc , Japan's biggest brokerage and investment bank, turned in its second-best quarterly profit in almost two decades as it continues to slash costs as part of its efforts to turn around its business.

SMFG to invest in British asset manager with eye on ESG bonds - sources

17 Jul 2020

TOKYO Sumitomo Mitsui Financial Group will invest up to $25 million in British asset manager Affirmative Investment Management (AIM), two sources said, becoming the first Japanese lender to partner with a specialist in ESG bond investments.

Japan's MUFG to expand lending business in Thailand with Grab's big data

13 Jul 2020

TOKYO Japan's Mitsubishi UFJ Financial Group Inc will start lending to Grab users and drivers in Thailand to monetise its $706 million investment in the ride-hailing firm as growth in its home market slumps, its chief executive said.

Japan's GPIF posts record quarterly loss of $165 billion as virus hits stocks

03 Jul 2020

TOKYO Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, on Friday reported a record quarterly loss of 17.71 trillion yen ($164.74 billion) in January-March after global stock markets plunged during the COVID-19 pandemic.

Japan’s SBI to buy minority stake in UK crypto market maker B2C2

01 Jul 2020

HONG KONG/TOKYO A unit of Japanese financial conglomerate SBI Holdings has agreed to buy a minority stake in London-based cryptocurrency marketmaker B2C2 for $30 million, B2C2 said in a statement on Wednesday.

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