News Source: Japan Today
| 18 days ago
Five major Japanese nonlife insurance firms have revised upward their respective group net profit projections for the April to September first half of fiscal 2009 as there were fewer large-scale natural disasters than in usual years. Tokio Marine...
News Source: Japan Times
| 18 days ago
The broadest indicator of economic health rose for a sixth month in September as government measures at home and abroad spurred a recovery in exports and production. The coincident index, a composite of 11 indicators, including factory output and...
News Source: Japan Times
| 18 days ago
Sumitomo Trust & Banking Co. and Chuo Mitsui Trust Holdings Inc. agreed to merge to create Japan's fifth-largest bank as they seek to boost profit and brace for tougher capital requirements. The lenders plan to set up a listed holding company in...
News Source: Channel NewsAsia
| 18 days ago
Sumitomo Trust & Banking Co. and Chuo Mitsui Trust Holdings announced Friday they had agreed on a merger to create Japan's largest trust bank sitting on assets of two trillion dollars. The deal is the latest attempt by Japan's financial firms to...
News Source: BBC
| 18 days ago
The firm made a net loss of 36.8bn yen ($406m; £245m), compared with a 40.9bn yen loss a year ago. As a result, broker UBS upgraded the company's stock from "sell" to "neutral", sparking renewed confidence among investors. Earlier this year, Pioneer...
News Source: The Economic Times
| 19 days ago
The dollar was steady against the euro and the yen in Asian trade Friday as market players grew cautious ahead of US jobs data and a Group of 20 finance ministers' meeting, traders said. The dollar was at 90.70 yen in Tokyo afternoon trade, unchanged...