Mitsubishi UFJ Financial Group Inc


  • NEW YORK, April 16- Goldman Sachs Group Inc's blockbuster performance in stock trading last quarter has some Wall Street watchers wondering whether it knocked rival Morgan Stanley out of the top spot in equities. Goldman was head-and-shoulders above Morgan Stanley for many years in stock trading, where the two banks compete aggressively to finance hedge...

  • By Taro Fuse and Ritsuko Ando. TOKYO, April 16- Japan's Sharp Corp clinched a $1.7 billion bailout deal from its banks in return for a promise to cut 5,000 jobs and split off its ailing smartphone display unit, a person familiar with the deal said on Thursday. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi...

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are set to agree on Thursday to a $1.7 billion rescue and restructuring plan that will likely include a promise to split off its ailing smartphone display business, a person involved in the discussions said. As part of its second major bailout in three years, Sharp's lenders, Mizuho Bank and Bank of...

  • TOKYO, April 16- Japan's Sharp Corp and its main banks are to meet on Thursday to agree on a $1.7 billion rescue and restructuring plan for the loss-making electronics maker, a person involved in the discussions said. An agreement between the Osaka- based company and its main lenders, Mizuho Bank and Bank of Tokyo-Mitsubishi UFJ, would be Sharp's second big bailout...

  • Asian stocks closed mixed on Tuesday on the back of profit-taking and as investors looked ahead to the earnings season.

  • TOKYO, April 7- Japan's Nikkei share average rose to a near two-week high on Tuesday as a positive lead from U.S. shares buoyed sentiment thanks to expectations that the Federal Reserve could wait longer before raising interest rates. "How the U.S. market would react to the weak jobs data was of concern to investors," said Nobuhiko Kuramochi, a strategist at Mizuho...

  • U.S. Federal Reserve

    Asian stocks outside Japan rose on Monday as investors believed that an unexpectedly weak nonfarm payrolls report will delay interest rate hikes in the U.S.

  • Asian shares rise on firmer oil prices, rate cut hopes Thursday, 2 Apr 2015 | 1:45 AM ET

    Asian shares rose on Thursday, undeterred by a weaker finish in the U.S. as gains in crude prices overnight boosted oil-related counters.

  • Japan banks look to Islamic finance boom for growth Tuesday, 31 Mar 2015 | 7:22 PM ET

    Japan is starting to make inroads into Islamic finance, a move that could help strengthen regional economic ties and give its lenders an edge.

  • Asian equities were mixed on Friday due to worries over Yemen, with Japan's benchmark index leading the losses on profit-taking and weak data.

  • Oil prices soar after Saudi airstrikes in Yemen Wednesday, 25 Mar 2015 | 11:08 PM ET
    Oil Iraq OPEC

    Brent crude oil prices surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen.

  • Japan's overseas stock buying spree pressures yen Tuesday, 24 Mar 2015 | 7:44 PM ET
    A group of Tokyo businessmen and businesswomen toast with mugs of beer at a beer garden in Tokyo.

    Purchases of foreign stocks and bonds by Japan's giant pension funds and other big investors in 2015 could be their highest for at least a decade.

  • 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...

  • Asian stocks rise, but Nikkei lags on strong yen Thursday, 19 Mar 2015 | 3:45 AM ET
    Chinese stock investors gather at a securities firm in Fuyang, in China's Anhui province on January 7, 2015.

    Asian equities outside Japan traded higher on Thursday as investors welcomed a dovish statement from the Federal Reserve.

  • 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.