Tag - bonds

 
 

BONDS

Economist and Former Italian prime minister Mario Draghi
BUSINESS / Economy
Sep 10, 2024
German opposition obscures Draghi’s vision for EU renewal through joint debt
Resistance to calls for the region to invest up to €800 billion extra a year and commit to issuing common bonds prolongs a history of stalemate between rival ambitions.
Sumitomo Chemical President Keiichi Iwata
BUSINESS / Markets
Sep 6, 2024
Sumitomo Chemical sells hybrid bond at widest spread this year
Sumitomo Chemical priced ¥100 billion of hybrid debt at 280 basis points over Japanese government bonds.
Government Pension Investment Fund in Tokyo
BUSINESS / Markets
Sep 4, 2024
GPIF watchers say $1.75 trillion fund may buy more Japan stocks
GPIF is likely to have reclaimed its position as the world’s largest pension fund, thanks to the yen’s rebound after a brief slip earlier this year.
Wind turbines in Rokkasho, Aomori Prefecture
BUSINESS
Aug 19, 2024
Japan offers lifeline to ESG investing amid backlash overseas
In light of the anti-ESG sentiment in the U.S. and Europe, analysts said that Japan can play a key role in driving sustainable finance globally.
An electronic board displaying Topix and the yen exchange rate against the U.S. dollar outside a brokerage in Tokyo on Tuesday.
BUSINESS
Aug 9, 2024
Tokyo’s Monday stock crash an afterthought by Friday
Concern remained, and the search for a coherent explanation as to why Tokyo stocks crashed and shook investors globally was ongoing.
As investors look for opportunities in the new environment created by the Bank of Japan and the resulting market turmoil, there is broad consensus that they will have to reevaluate what they thought they knew about the country.
BUSINESS / Markets
Aug 7, 2024
Japan morphs into the center of worry for global investors
In less than a week, Japan has completely upended the world’s expectations for its markets and economy.
An electronic stock board displaying the Nikkei 225-issue Nikkei average outside a securities firm in Tokyo on Tuesday.
BUSINESS / Markets
Aug 6, 2024
Tokyo stocks rebound 10% following Monday’s mad rout
The yen, which had strengthened to the ¥141 mark on Monday from almost ¥162 just weeks earlier, was trading around ¥145 to the dollar on Tuesday.
Many market followers believe the pillars that had underpinned gains for years — a series of key assumptions that investors across the world were banking on — have been shaken.
BUSINESS
Aug 6, 2024
$6.4 trillion stock wipeout has traders fearing ‘great unwind’ is just starting
Many market followers believe the pillars that had underpinned gains for years have been shaken.
The 225-issue Nikkei stock average dropped more than 4,000 points on Monday.
BUSINESS / Markets
Aug 5, 2024
Nikkei plunges by 12% as it registers largest-ever point fall
The drop exceeds the point fall recorded Oct. 20, 1987, the day after Black Monday in New York.
Investors are grappling with the possibility that the Federal Reserve may need to loosen its tight grip on the economy much faster than anticipated to avoid a recession.
BUSINESS / ANALYSIS
Aug 3, 2024
U.S. recession scare fuels searing rally in bonds and puts yield curve flip in view
Investors are grappling with the possibility the Federal Reserve may need to loosen its grip on the economy faster than anticipated to avoid a recession.
The emphasis on lifting earnings is prompting more Japanese companies to boost investments abroad.
BUSINESS / Companies
Jul 30, 2024
Japan corporate cleanup fuels appetite for record debt sales
Japanese corporate dollar bonds have been outperforming U.S. peers, and borrowers have piled into the market with record issuance in recent months.
Bank of Japan officials are divided over whether to raise interest rates at a policy meeting next week, people familiar with the matter say.
BUSINESS / Economy
Jul 23, 2024
BOJ is said to see weak consumer spending complicating rate call
Weak consumer spending has prompted the government to cut its fiscal year growth forecast to 0.9%, with central bank likely lowering its projection to 0.5%.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Jul 19, 2024
BOJ urged to halve bond buying in scheduled tightening plan, minutes show
A significant number of the participants also urged the BOJ to taper bond purchases gradually to avoid upending the bond market.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 15, 2024
Yen’s woes seem too big for even a BOJ hike this month to solve
Despite a boost and a favorable drop in U.S. bond yields, the yen still ended last week up less than 2% against the greenback.
The Government Pension Investment Fund's holdings of government bonds increased 25% to ¥50.3 trillion in fiscal year ended in March.
BUSINESS / Markets
Jul 11, 2024
Japan’s public pension fund steps up as BOJ mulls bond cuts
The BOJ is expected to release a plan to substantially reduce its debt buying at the next policy decision later this month.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 10, 2024
Japan’s megabanks are said to seek deep cuts to BOJ bond buying
The bank’s ¥585 trillion bond stockpile exceeds the world’s fourth-largest economy, making bond players watchful for the BOJ’s next move.
Traditional boat parties on the Sumida River in Tokyo are popular for informal gatherings among professionals that deal in Japanese government bonds.
BUSINESS / Markets
Jul 9, 2024
Tokyo’s exclusive circle of government bond traders in demand amid policy shift
The world’s top hedge funds are shaking up the closed community that was, for a time, a sleepy backwater of global finance.
A working group led by the Japan Securities Dealers Association finished a series of monthly meetings in June that discussed details of applying covenants to local corporate notes with lower ratings.
BUSINESS / Economy
Jul 8, 2024
Japan pushes for greater use of protections on corporate bonds
A Japan Securities Dealers Association working group finished meetings in June on adding covenants to lower-rated corporate notes.
The People's Bank of China building in Beijing on May 29
BUSINESS / Markets
Jul 5, 2024
China's central bank readies bonds to sell by tapping major banks
The bank said it has hundreds of billions of yuan worth of medium- and long-term bonds at its disposal to borrow.
The Otemachi One Tower building, which houses the Norinchukin Bank head office, in Tokyo.
BUSINESS / Companies
Jul 2, 2024
Norinchukin is at risk of downgrade by Moody’s on bond losses
The unlisted agricultural bank warned last month that it may incur losses of ¥1.5 trillion ($9.3 billion) this fiscal year.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?