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Jan 22, 2015

Demand for corporate loans up for first time in a year

Demand for bank loans among companies rose for the first time in a year, a quarterly Bank of Japan survey revealed on Thursday. According to the January survey, the diffusion index on banks’ views about how domestic corporate loan demand changed over the past ...

Jan 22, 2015

GPIF governance overhaul almost complete, minister says

by Bloomberg

The Government Pension Investment Fund is closing in on completing a governance overhaul, said the minister in charge of the $1.1 trillion retirement pool. A ministry pension panel formed to decide the fund’s leadership structure will make recommendations on Friday, said Health, Labor and ...

Jan 22, 2015

Mitsui Fudosan to build office tower in Manhattan

Mitsui Fudosan Co., Japan’s biggest developer, will build an office tower in Manhattan with an expected cost of ¥150 billion. The Hudson Yards project is the company’s second development in New York in two years and its largest overseas development ever. In 2013, it ...

Jan 22, 2015

South Korea's T'way Air to link Kansai with Seoul and Daegu

South Korean low-cost carrier T’way Air Co. will begin serving Kansai International Airport in Osaka Prefecture in late March, with flights to Seoul and to Daegu in southeast South Korea. The carrier will launch its Kansai-Seoul route on March 29 with seven flights a ...

Jan 22, 2015

Mitsubishi UFJ said to have held talks to acquire DZ Bank's DVB

Mitsubishi UFJ Financial Group Inc., the nation’s biggest bank, held talks with DVB Bank SE about a possible takeover of the German shipping and aviation lender, sources said. Negotiations over the potential acquisition of the Frankfurt-based bank, which is majority owned by cooperative lender ...

Toyota crowned world's biggest automaker for third year

Jan 21, 2015

Toyota crowned world's biggest automaker for third year

Toyota Motor Corp. warded off Volkswagen AG to remain the world’s top-selling automaker for a third consecutive year, driven by record U.S. deliveries of its SUVs, according to the 2014 tally announced by the company Wednesday. Worldwide sales for Toyota, including its Hino Motors ...