Commentary / Japan Sep 2, 2015
China has lots of U.S. Treasuries, little leverage
by William Pesek
The U.S. has little reason to worry about China selling off its Treasuries, and Shinzo Abe's desire to keep Washington happy is one of them.
Business / Financial Markets Sep 2, 2015
New 'whale' to make splash in Tokyo markets as Japan Post sells bonds
by Shigeki Nozawa Anna Kitanaka
As the world's biggest pension fund nears the end of its switch from sovereign bonds into stocks, investors are looking at Japan Post Bank Co. as the next actor big enough to move markets. The postal lender, the biggest holder of Japanese government bonds after ...
Business / Financial Markets Sep 2, 2015
China fear factor still slamming stocks, oil, roiling markets
World stock indexes and oil prices slumped on Tuesday as weak Chinese data fueled worries about a slowdown in its economy, the world's second-biggest, and sparked more market turmoil. The fall in oil prices ended a three-day rally that had driven crude up more than ...
Business / Corporate Aug 24, 2015
To Nomura, Fannie and Freddie are bright spot in struggle abroad
by Finbarr Flynn and Takako Taniguchi
Nomura Holdings Inc. is doggedly expanding in a U.S. bond market that pays fees as low as 0.003 percent, even as it slashes its number of employees in London and one of its biggest shareholders says to get out of unprofitable overseas businesses. Japan's biggest ...
Business / Economy Aug 4, 2015
Limited bond supply may lead BOJ to taper in 2017: IMF paper
The Bank of Japan may need to reduce the pace of its bond purchases in a few years due to a shortage of sellers, said economists at the International Monetary Fund. There is likely to be a "minimum" level of demand for Japanese government bonds ...
Business / Corporate Jul 3, 2015
Sony's ¥440 billion fundraising opens way to finance unit buyout
by Grace Huang
Sony Corp.'s first share sale in 26 years is fueling speculation the company may buy full control of Sony Financial Holdings Inc., a move that could save taxes and help the parent meet performance targets. The company said on Tuesday it plans to raise about ...
Business / Financial Markets Jun 18, 2015
The Bank of Tokyo-Mitsubishi UFJ Ltd. next week will issue Japan's first bond denominated in China's currency, company sources said Thursday, reflecting the recent thaw in bilateral relations. Targeting qualified corporate investors, the main lending unit of Japan's biggest banking group is set to issue ...
Business / Economy May 20, 2015
BOJ bond-buying faces challenge as Japan Post slows debt sales
The day when the Bank of Japan can't find enough bonds to buy is drawing closer. State-owned Japan Post Bank Co. will probably offload about ¥10 trillion ($83 billion) of Japanese government bonds in the year started April 1, according to Bank of America Merrill ...
Business / Financial Markets May 14, 2015
Biggest stock disconnect with JGB yields in 23 years reveals Kuroda's heavy hand
by Anna Kitanaka and Shigeki Nozawa
The weakest correlation between Japanese bond yields and stocks in 23 years is showing how dependent the nation's markets have become on central bank support. The 60-day measure tracking moves between the Topix stock index and the 10-year benchmark government bond yield fell to negative ...
Business Apr 13, 2015
Huttenlocher's Myriad said to start Japan reflation fund
by Bei Hu
Carl Huttenlocher's Myriad Asset Management has set up a hedge fund focusing on opportunities arising from Japan's efforts to end deflation, people with knowledge of the matter have said. Myriad, which oversees more than $4 billion in assets, started its second fund on March 1 ...
Business / Economy | ABENOMICS — THE BOTTOM LINE Apr 6, 2015
BOJ's easing said unsustainable
by Reiji Yoshida
The launch of aggressive monetary easing by the Bank of Japan stunned financial markets two years ago. But is it still sustainable? If not, how long can it continue?
Business / Financial Markets Mar 16, 2015
Beware the $300 billion shift into Treasuries coming from Japan
by Wes Goodman
Back in the 1980s, the billions of dollars that the Japanese plowed into U.S. government debt reflected the Asian nation's burgeoning economic might. Now, they are at it again, only this time it is to eke out any return they can. Yields on Japanese debt have ...