SocGen Raises $1.1 Billion in Biggest Samurai Bond Deal in 2016
- Societe Generale SA sold 120 billion yen ($1.1 billion) in Samurai bonds Friday, in the biggest deal this year in the Japanese yen debt market for overseas issuers.
View ArticleYen May Climb as Japan Faces Another Lost Decade, Says Moody's
- Japan is headed for another lost decade as the economy faces prolonged stagnation and the yen will probably strengthen more as deflation continues, Moody's Analytics said.
View ArticleBOJ Bid to Control Yields Seen Spurring Demand for Company Debt
- The Bank of Japan's decision to explicitly control sovereign bond yields will probably cap interest rates, bolstering demand for corporate debt offering extra premiums, according to analysts.
View Article'X' Day: Tokyo races against quake that will shake the world
Stuff.co.nz - There's nothing comical about this manga comic: office building windows shatter, trains derail and cars plunge from buckling bridges. It all happens at 4.35pm on a day dubbed "Tokyo's X...
View ArticleNegative Rates Risk Weakness for Lenders, Says World Bank's Oteh
Bloomberg - Nations that have adopted a negative interest rate policy to spur economic growth face the possibility of weakening their banks, according to Arunma Oteh, vice president and treasurer of...
View ArticleAsia Bond Risk Surges as Trump's Edge in Vote Recalls Brexit
Bloomberg - Credit risk surged in Asia as Republican Donald Trump extended his advantage in the U.S. presidential election.
View ArticleMitsubishi's regional jet aborts flight to U.S. for a second day
Seattle Times - The first Mitsubishi Regional Jet headed to Washington's Moses Lake for fligh testing had to abort its flight from Japan for a second straight day due to problems with an...
View ArticleMarilyn Monroe Tokyo honeymoon spot worries about yen rise
Ogden Standard-Examiner - (c) 2016, Bloomberg. Tokyo's Imperial Hotel, the luxury inn that counts Marilyn Monroe among past guests, raised room rates last year to levels it last charged before Japan's...
View ArticleCorporate Bond Sales Set for Best Week Since May as Sony Prices
Bloomberg - Sales of bonds from companies other than financial firms worldwide have exceeded $75 billion this week, the most since May, following debt offerings Friday in Japan by Sony Corp. and...
View ArticleS&P Sees Singapore Bond Market Vulnerabilities After Defaults
Bloomberg - S&P Global Ratings said that several sectors in Singapore's bond market are vulnerable to "rising financial strain" after a number of recent defaults.
View ArticleBOJ Yield Controls Raise Dollar Asset Appeal, Mizuho Trust Says
Bloomberg - The Bank of Japan's shift of focus to control bond yields may encourage investors to put more money into U.S. dollar assets, according to Mizuho Trust & Banking Co.
View ArticleBOJ Bid to Control Yields Seen Spurring Demand for Company Debt
Bloomberg - The Bank of Japan's decision to explicitly control sovereign bond yields will probably cap interest rates, bolstering demand for corporate debt offering extra premiums, according to analysts.
View ArticleTop Analyst Says BOJ's Negative Corporate Yield Adds Distortions
Bloomberg - The Bank of Japan's purchase of corporate debt at negative yields for the first time adds to distortions in Japan's bond markets and raises risks for investors and banks, according to Mana...
View ArticleBofA Sees Big U.S. Corporate-Bond Rally Despite Investor Worry
Bloomberg - U.S. investment-grade bonds may fall to the cheapest levels in more than seven months this year and fixed-income investors are overly pessimistic about the balance sheets of corporate...
View ArticleWorld's Best REIT Hands Fortress 700% Gain on Bets After Tsunami
Bloomberg - Fortress Investment Group LLC is betting that one of the real estate industry's greatest contrarian wagers has more room to run.
View ArticleBond Hedge Funds Facing `Worst Quarter in History,' Loomis Says
Bloomberg - It is going to be a really, really bad quarter for some U.S. hedge funds that invest in fixed-income securities, and waning market liquidity has a lot to do with it, according to Dan Fuss,...
View ArticleISDA Asked to Rule If Sharp Loan Deals Amounted to Credit Event
Bloomberg - The International Swaps & Derivatives Association Inc. has been asked to consider whether financial agreements made by Sharp Corp. constituted a credit event that could prompt...
View ArticleA $963 Billion Money Manager Sees Opportunity Among Jolts
Bloomberg - Prudential Financial Inc.'s money management business chief says market volatility will persist in coming months and that the periods of "sudden risk-off" provide buying opportunities.
View ArticleJapan's Biggest Bank Criticizes BOJ Policy for Fueling Anxiety
Bloomberg - The top executive of Japan's biggest bank delivered a rare criticism of the central bank, saying its negative interest-rate policy has contributed to anxiety among households and companies...
View ArticleNegative Interest Rates Confront Growing Chorus of CEO Critics
Bloomberg - The chorus of global financial leaders warning about the fallout from negative interest rates is getting bigger.
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