Hints and tips:
GMO demands urgent corporate governance changes and further unwinding of cross-shareholdings
Policies come as Beijing increases control over international financial hub
...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
...He said Tokyo stocks had earnings per share growth over the past decade that outstripped the US S&P 500 index, but mostly sagging valuations....
...Citadel and Citadel Securities are expanding in Asia with new Tokyo offices. Growing capital flows in the region had created a “plethora of opportunities” for market making, Griffin said....
...With additional reporting from Sujeet Indap in New York, Kana Inagaki in Tokyo and Simeon Kerr in Dubai...
Media company is already in exclusive talks with Skydance about a potential deal
...A pair of slick talkers from the glamping project arrive from Tokyo to give a cheery presentation. (The very word glamping never loses its deadpan comedy.) Practical objections are raised....
...The fact that Messi played days later in Tokyo “feels like another slap in the face”, it said....
...Citadel Securities and Citadel, the hedge fund owned by Griffin, have also been expanding elsewhere in Asia, opening offices in Tokyo last year....
...It is working with Honda to launch driverless cars in Tokyo by 2026. GM has frequently projected that Cruise revenue could reach $50bn by 2030....
...Vietnam company aims to serve up insects in Singapore (Nikkei Asia) US lawmakers tune out TikTok lobbying to advance bill to ban app (FT) #techAsia is co-ordinated by Nikkei Asia’s Katherine Creel in Tokyo...
...In fact, a bit of a surprise, the biggest private equity deal of the year — the roughly $15bn buyout of Toshiba Corporation — is happening in Tokyo, not New York, and involves Japan Industrial Partners and...
...Freshfields Bruckhaus Deringer has hired M&A lawyers Noah Carr and Gordon Palmquist as partners in Tokyo. They join from Latham & Watkins and Mayer Brown, respectively....
...A former Google researcher who co-authored a paper that kick-started the generative AI revolution has joined forces with an ex-colleague to found a Tokyo-based artificial intelligence start-up....
...The documentary-style film follows designers and artists in Bogotá, Lagos, London and Tokyo as they create four fashion collections, which are then presented on models....
...to south-east Asia (Nikkei Asia) Taiwan cultivates homegrown drone industry with eye on China (Nikkei Asia) Taiwan unveils first locally built submarine in pushback against China (FT) South Korea’s Hana...
...Tokyo embraces a new activist regime Elliott Management can now claim one of the biggest victories in Japan’s chequered and setback-strewn history of shareholder activism....
...The head of the Tokyo Stock Exchange resigned in 2020 after a hardware glitch halted equity trading on the world’s third-largest bourse for a full day, while the Toronto Stock Exchange suffered brief outages...
...Alibaba: a bouquet of six small poppies for party bosses (FT) Chinese display maker BOE suffers first sales decline in 13 years (Nikkei Asia) #techAsia is co-ordinated by Nikkei Asia’s Katherine Creel in Tokyo...
...EIG, which has formed a gas company called MidOcean to pursue deals, backed a failed bid for oil and gas company Santos in 2018 and bought stakes in four Australian gas projects from Tokyo Gas for $2.1bn...
...“This isn’t the end of the story for Toshiba,” said Chieko Matsuda, a corporate governance expert at Tokyo Metropolitan University....
...About 10 per cent of Tokyo’s gas comes from Sakhalin, while Hiroshima relies on the source for half of its supply....
...Despite disappointing viewership, the Tokyo Olympics still raked in $1.8bn in advertising revenue....
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