Mizuho Financial Group Inc


  • TOKYO, Aug 20- Citigroup Inc is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anaemic lending.

  • TOKYO, July 31- Mitsubishi UFJ Financial Group reported a far milder quarterly profit decline than its main banking rivals as aggressive overseas expansion dulled the impact of perennially weak loan demand at home.

  • TOKYO, July 31- Two of Japan's three biggest banks saw profits fall at double-digit rates in the first quarter as gains in the value of shares the banks' owned grew at a far slower rate than last year, when government pro-growth pledges sparked a share price surge.

  • *Nintendo dives after dismal earnings. TOKYO, July 31- Japan's Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group's earnings boosted the banking sector.

  • The licence for New Kansai International Airport, which will be bundled with the operating rights for smaller Osaka International Airport, should fetch at least 2 trillion yen, Keiichi Ando, the chief executive of the government-owned New Kansai International Airport Co, told reporters.

  • Asian stocks were mixed on Friday on fears that issues at Portugal's biggest bank could hurt European periphery markets.

  • *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.

  • Inflation may be rearing its ugly head in India Wednesday, 18 Jun 2014 | 7:28 PM ET

    A month after a landslide election win, India's new government finds itself having to take action to fulfill a pledge to contain inflation.

  • *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.

  • Asia shares mixed; China Resources affiliates plunge Tuesday, 22 Apr 2014 | 6:52 AM ET

    Asian equities were mixed on Tuesday as investors were cautious about the prospect of further U.S. sanctions on Russia.

  • Asian stocks were mixed on Thursday as investors fretted about tougher sanctions against Russia.

  • Asian stocks end mostly lower; China stimulus in focus Tuesday, 25 Mar 2014 | 6:09 AM ET

    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.

  • Shanghai shares hit 2-month high; Dongfeng slides 1% Wednesday, 19 Feb 2014 | 6:52 AM ET

    Japan's Nikkei fell on Wednesday while other Asian shares were cautious before the release of minutes from the Federal Reserve's latest meeting.