Asian stocks were mixed on Friday on fears that issues at Portugal's biggest bank could hurt European periphery markets.» Read More
*Mitsubishi UFJ, CIMB and TPG among suitors- bankers. *Targets include Rizal Commercial Banking Corp- bankers.
TOKYO, June 24- Prime Minister Shinzo Abe will announce steps aimed at weakening Japan's powerful farming cooperative as part of a reform package on Tuesday, but the plan has been watered down after lobbying and lacks details. Reforms unveiled last year failed to excite investors and led to a decline in Japan's stock market.
The debt package exceeds $40 billion and includes a bridge loan of roughly $20 billion from Japan's Softbank Corp to Sprint, as well as some $20 billion refinancing of T-Mobile's existing debt, the people said this week.
*Wall Street rise, solid U.S. housing data support sentiment. TOKYO, May 26- Japanese shares climbed to a one-month high on Monday morning, extending its winning streak to a third day, helped by the yen's retreat and a closing record-high for Wall Street on upbeat U.S. housing data.
*Nikkei turns negative on week, strong yen hits exporters. *Fall in U.S. stocks, yields raise concerns. TOKYO, May 16- Japanese shares stumbled on Friday as the combination of a stronger yen and a second day of declines on Wall Street depressed sentiment, leaving the market poised for the third-week of losses in the past month.
TOKYO, May 14- Japan's three biggest banks beat market forecasts with record annual profits, fuelled by a stock market boom, but said earnings will fall this business year as the glow of "Abenomics" fades and lending gains remain restrained.
TOKYO, May 14- Japanese banks' profits are likely to fall this business year from last when stock-related gains sent earnings soaring, but the overseas reach of Mitsubishi UFJ Financial Group Inc will ensure the biggest lender by assets loses out the least.
TOKYO, May 2- The core unit of Mizuho Financial Group Inc is talking to several Asian banks about investing in their operations, a top executive said, but Japan's second-largest lender by assets is unlikely to make the sort of flashy deals like those done recently by its rivals.
Asian stock markets closed mostly lower on Tuesday following losses on Wall Street overnight and as investors fretted over Ukraine and China.
*Canada class action suit also targets Mizuho. March 14- Mizuho Bank, one of Japan's largest lenders, has became ensnared in North American legal fallout from Mt. Lawsuits in the United States and Canada represent a new legal front- and a deep-pocketed defendant- in the battle over Mt.
*Japan's record high trade deficit widely expected- analysts. TOKYO, Feb 20- Japan's Nikkei share average fell for a second day following declines on Wall Street as minutes of the U.S. "People have realized that the market overreacted to the BOJ's announcement," said Masashi Oda, chief investment officer at Sumitomo Mitsui Trust Bank.
Japan's Nikkei fell on Wednesday while other Asian shares were cautious before the release of minutes from the Federal Reserve's latest meeting.
TOKYO, Feb 19- Japan's Nikkei share average fell on Wednesday morning, retreating from a 2 1/ 2- week high hit the previous day, as investors took profits on banks and exporters when the weak yen trend paused. The Nikkei shed 0.7 percent to 14,738.69 in mid-morning trade after rising 3.1 percent at 14,843.24 on Tuesday, the highest close since Jan. 31.
TOKYO, Feb 18- Japan's Nikkei share average soared to a one-week high on Tuesday afternoon, spurred by banks after the Bank Of Japan said it would extend loan facilities by a year at its policy meeting. The Nikkei jumped 3.2 percent to 14,858.87 in early afternoon trade, the highest since Feb. 12.
Asian stock markets rose on Monday following last week's rally on Wall Street as investors brushed off a worse-than-expected U.S. jobs report.
Japanese equities led the gains in Asia on the final trading day of the week on optimism ahead of January's U.S. jobs report.
TOKYO, Feb 3- Japan's biggest banks, flush with cash from a year-long stock market rally, are poised to benefit this year from a spurt in loan growth at home fuelled by the economic stimulus measures of Prime Minister Shinzo Abe.
TOKYO, Feb 3- Mitsubishi UFJ Financial Group Inc reported a 5.5 percent rise in net profit in the group's latest quarter, making up for slowing stock-related earnings with income from overseas lending.
Asian equities kicked off February on weak footing after Chinese factory growth slumped to a six-month low in January.
Mizuho Financial Group is raising its dividend payout as profits surge and other banks might follow suit, but these benefits may be short-lived.