Aug 12, 2014

Mori Building sells debt to fund projects in run-up to Olympics

Mori Building Co. sold its longest bond ever as Japan’s biggest closely held developer plans ¥1 trillion ($9.8 billion) in projects in the decade that will include the 2020 Tokyo Olympics. The company, whose Roppongi Hills complex houses Goldman Sachs Group Inc. and Apple ...

Aug 6, 2014

Governance fix needed at GPIF before asset change, Shiozaki says

As the world’s biggest pension manager moves closer to putting more money in risky assets, the ruling Liberal Democratic Party’s deputy policy chief says the fund needs to change its governance first. Japan should submit a bill in the next Diet session to overhaul ...

Jul 10, 2014

Approaching reactor restarts encourage utilities to sell bonds

The Nuclear Regulation Authority is moving toward the first reactor restart under its new safety requirements since the Fukushima disaster started, giving impetus to bond sales by utilities as borrowing costs plunge. The regulator may submit a safety report on two reactors at Kyushu ...

May 1, 2014

Softbank plans to reload with ¥300 billion bond sale

Softbank Corp., the wireless carrier run by billionaire Masayoshi Son, will raise ¥300 billion ($2.9 billion) in a fresh bond issue to repay past debt, boost liquidity and make investments. Softbank will offer five-year notes to individual investors, it said in a filing Thursday ...

Planned demolition bonds mark end of era

Jan 16, 2014

Planned demolition bonds mark end of era

by Chikako Mogi

After educating children since 1956, Kiyokawa Elementary School stands abandoned, its walls and roof crumbling because there are no longer enough pupils to fill it and the town can’t afford to demolish the building. The school, in Shonai, Yamagata Prefecture, is one of thousands ...

Aug 18, 2013

Eurozone bonds seen turning page on debt crisis

The eurozone bond market is gradually recovering from the disruption caused by the debt crisis, analysts say, with the gap in borrowing costs between fragile countries and Germany at two-year lows. “The bond market is benefiting from both the staunch support of the ECB ...

Famed Buddhist sect loses big on Aussie dollar, bond bets

Apr 25, 2013

Famed Buddhist sect loses big on Aussie dollar, bond bets

Koyasan Shingon Buddhism, the owner of a cluster of World Heritage Site temples founded in the ninth century, reported losses equal to about a quarter of its assets after bets on the Australian dollar and structured bonds soured. The group had unregistered losses of ...