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Mitsubishi UFJ Financial Group Inc

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  • TAIPEI/ TOKYO, March 20- Taiwan's Hon Hai Precision Industry Co is considering joining efforts to help rescue Japanese electronics maker Sharp Corp, the company said in a statement late on Friday. The world's largest contract electronics manufacturer, Hon Hai bought a 38 percent stake in a Sharp Corp TV panel plant in Sakai, Japan in 2012. It has been investing in...

  • TOKYO, March 20- Taiwan's Hon Hai Precision Industry Co plans to offer financial support to Japan's struggling electronics maker Sharp Corp, the Toyo Keizai business magazine said on Friday. Sharp, which has warned of its third annual loss in four years, has been negotiating terms of a rescue plan with the Bank of Tokyo-Mitsubishi UFJ, part of Mitsubishi UFJ...

  • Foreign net buying of Japan stocks biggest in 3 months Thursday, 19 Mar 2015 | 4:16 AM ET

    Foreign net buying of Japanese cash stocks was 306.2 billion yen during March 9-13, data released by the Tokyo Stock Exchange showed. The Nikkei benchmark has been hitting fresh 15- year highs on optimism over steady economic recovery, improved corporate earnings and better shareholder returns, as well as expectations Japan will be one of the main...

  • Sharp to cut 6,000 jobs, spend $1.7B to restructure Thursday, 19 Mar 2015 | 3:05 AM ET

    Japan's loss-making electronics firm Sharp plans to cut around 6,000 jobs, in a global restructuring that will cost over 200 billion yen.

  • *Nintendo, DeNA soar on tie-up plan. *Hopes for change in Japan firms underpin market. TOKYO, March 19- Japanese share prices slipped from 15- year highs on Thursday, as investors took profits on recent gainers such as financial shares, which could suffer from a fall in Japanese bond yields.

  • Nikkei rises to fresh 15-year high; Nintendo jumps 21 pct Wednesday, 18 Mar 2015 | 2:48 AM ET

    TOKYO, March 18- Japan's Nikkei share average rose to a fresh 15- year high on Wednesday on hopes for an economic recovery and higher shareholder returns, while Nintendo Co jumped 21 percent after it said it will enter the smartphone gaming industry. Nintendo soared to its daily limit of 17,080 yen after remaining untraded during trading hours as its buy orders...

  • Shanghai shares hit 5-year highs on stimulus hopes Monday, 16 Mar 2015 | 3:08 AM ET

    Chinese shares led gains in Asia on Monday, touching a five-year high on rising stimulus bets.

  • *Japan seen as among biggest beneficiaries of cheap oil. And I expect robust earnings growth to continue for the next 18-24 months, "said Tristan Hanson, head of asset allocation at Ashburton Investments in London. Mitsubishi UFJ Financial Group rose 2.0 percent and Sumitomo Mitsui Financial Group climbed 2.3 percent.

  • Nikkei rises on futures-related buying Wednesday, 11 Mar 2015 | 10:35 PM ET

    TOKYO, March 12- Japan's Nikkei share average rose on Thursday as investors chased the market higher before the futures settlement. Index-heavy stocks led the gains, with Fanuc Corp rising 2.6 percent and SoftBank Corp gaining 1.5 percent. "Foreign derivatives investors are seen chasing the market higher," said Norihiro Fujito, senior investment strategist at...

  • Mitsubishi UFJ Financial Group dropped 3.5 percent, Sumitomo Mitsui Financial Group shed 2.2 percent and Mizuho Financial Group declined 1.7 percent. The Nikkei business daily said the proposal to boost banks' capital has been shepherded through the Basel Committee on Banking Supervision by the U.K. and Germany, which are concerned about a rise in rates, but...

  • Sharp shares tank 9% on news it will seek aid Monday, 2 Mar 2015 | 10:22 PM ET

    Sharp is preparing to seek aid from its two main lenders, as it expects impairment losses from unprofitable businesses to mount this year.

  • Cash rich lenders bankroll Japan Inc’s shopping spree Thursday, 26 Feb 2015 | 12:32 AM ET

    Flush with cash from the Bank of Japan's stimulus effort, lenders will keep on financing Japan Inc's expensive overseas acquisitions,analysts say.

  • Dovish Yellen, China flash PMI fail to cheer Asian stocks Wednesday, 25 Feb 2015 | 2:10 AM ET
    Janet Yellen

    Asian equities turned mixed amid choppy trade on Wednesday after China's manufacturing sector surprised markets with growth for the first time in three months.

  • TOKYO, Feb 25- Japanese stocks steadied around a 15- year high on Wednesday morning in a choppy morning session, as cautiousness over an over-heating market was partially countered by U.S. Federal Reserve Chair Janet Yellen's message of policy flexibility. At 0124 GMT, it was up 0.2 percent at 18,643.28 after peaking at 18,648.77 earlier, the highest point since...

  • Look no further: Japan Inc. wants you Sunday, 22 Feb 2015 | 5:51 PM ET

    Corporate Japan is reaching beyond its shores to attract new talent, offering lucrative training programs to recruit employees.

  • Asian equities were mixed on Friday as traders wait and see if Greece will apply for an extension of its bailout program before the Friday deadline.

  • *Japan Display soars on report it is considering building a plant. TOKYO, Feb 20- Japan's Nikkei share average rose for a third day to hit a fresh 15- year high on Friday morning, with market sentiment getting a boost from a weaker yen following robust U.S. jobless data. "Now the market is relieved again on hopes for an earlier U.S. rate hike," said Nobuhiko Kuramochi, a...

  • Nikkei rises to 15-year high after strong export data Thursday, 19 Feb 2015 | 1:07 AM ET

    Japanese shares rose to a fifteen-year high on Thursday, while trade in the rest of Asia was quiet with several markets closed for Lunar New Year.

  • *Sony jumps to highest since April 2010 on mid-term business plan. TOKYO, Feb 19- Japanese stocks rose to a 15- year high on Thursday morning, helped by gains in financial and shipping companies, and as Sony Corp jumped on a well-received business plan. These include news state-owned Japan Post Holdings Co's ditching of its conservative approach to investments...

  • TOKYO, Feb 18- Japan's Nikkei share average rose to a fresh eight-year high on Wednesday morning after U.S. stocks rallied on hopes that a debt deal would be reached with Greece, while eyes are on the policy decision by the Bank of Japan, which is widely expected to keep its policy on hold. Greece will remain an immediate concern for financial markets as the European...