SBI Funds Management listing closes flat on debut after record oversubscription SBI Funds Management listing closes roughly flat on debut despite a 98.12 billion-rupee offering that drew bids over 4 …
Funds
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Business
Yen gains as Katayama urges pension funds to invest domestically and backs BOJ independence
by Sato Asahiby Sato AsahiYen Strengthens After Katayama Urges Pension Funds to Boost Domestic Investment Japan moves to coax pension capital home as yen rallies and long-term yields soften following Finance Minister Satsuki Katayama’s …
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Politics
Mogi Replaced as Chief Cabinet Secretary Aide Over Public Funds Hotel Scandal
by Sui Yuitoby Sui YuitoGovernment replaces Chief Cabinet Secretary aide Mogi Tadashi after hotel-stay scandal Government names Sasaki Keisuke as successor; Mogi admits staying with acquaintance during official METI trips, personnel change effective June …
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Business
TEPCO advances buyout talks with SoftBank, JIP and foreign funds over 1 trillion yen
by Sato Asahiby Sato AsahiTEPCO partnership talks advance as SoftBank, JIP and foreign funds begin due diligence Japan’s TEPCO partnership talks enter detailed due diligence as proposals include buyouts and investment packages exceeding 1 …
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Business
Japan $550 Billion Pledge Funds US Push to Expand Nuclear Exports
by Sato Asahiby Sato AsahiU.S. to Use Japan’s $550 Billion Investment Pledge to Back Nuclear Power Expansion and Export Drive U.S. Commerce Secretary says part of Japan’s $550 billion investment pledge will fund U.S. …