Japan Post Bank to conduct secondary share offering of up to $4.22 billion
Japan Post Holdings plans to sell its shares in Japan Post Bank in a secondary share sale worth as much as 630 billion yen ($4.22 billion), a regulatory filing showed on Thursday. The sale, first reported by Reuters on Wednesday,
Japan Post Plans Sale of $4.2 Billion Stake in Banking Unit
Japan Post Holdings Co. plans to sell a stake in Japan Post Bank Co. that could raise ¥630 billion ($4.2 billion), the latest disposal in the former state-run giant’s decade-long privatization efforts.
Japan Post Bank to Offer Around $4 Billion Worth of Shares
Japan Post Bank plans to offer roughly around $4 billion worth of shares currently held by its parent, Japan Post Holdings. The Japanese bank announced Thursday that Japan Post Holdings intends to sell 361.8 million shares, with the offering price to be determined between March 10 and March 12.
Exclusive-Japan Post planning $4 billion sale of shares in Japan Post Bank, sources say
By Miho Uranaka and Takaya Yamaguchi TOKYO (Reuters) -Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen ($4.02 billion), two sources familiar with the matter said,
Japan Post planning $5.4 billion sale of shares in Japan Post Bank, sources say
TOKYO - Japan Post Holdings is planning to sell shares in Japan Post Bank which could total some 600 billion yen (S$5.4 billion), two sources familiar with the matter said, in the latest loosening of ties between the businesses.
Warren Buffett’s Berkshire Hathaway Upping Japan Bets Has A Dark Side
The lifeline that Warren Buffett just handed Shigeru Ishiba couldn’t come at a better moment for the beleaguered Japanese ...
Bank of Japan’s New Board Member Could Help Smooth Policy Normalization
University professor Junko Koeda is set to become the newest member of the Bank of Japan’s policy board, a move that could ...
FXStreet1d
Bank of Japan (BoJ)
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
Core inflation in Japan's capital slows but stays above BOJ target
Core consumer prices in Japan's capital rose 2.2% in February from a year earlier, data showed on Friday, slowing for the ...
From Japan, a Hard Lesson About a Weak Currency
Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation ...
Japan Post Plans Sale of $4 Billion Stake in Bank Unit
Japan Post Holdings Co. plans to sell shares in Japan Post Bank Co. in a transaction that may total ¥600 billion ($4 billion) ...
Japan's Nikkei seen rising 4.6% by end-June on stronger corporate outlook
Japan's Nikkei share average will rise 4.6% by end-June based on the view that Japanese firms will revise up their outlook ...