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 ...
Bank of Japan officials are considering maintaining a large balance sheet for the central bank even after it achieves its inflation target, reducing the risk of a surge in long-term bond yields, sources said. Under the potential strategy, the BOJ would use cash from ...
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 ...
The world’s largest retirement fund should seek to sell ¥25 trillion in Japanese government bonds as soon as possible, said the head of a panel that advised the government on overhauling pension investments. The Government Pension Investment Fund should start shifting from local debt ...
The Government Pension Investment Fund, the world’s largest pool of retirement savings, cut domestic bond holdings to the lowest level since the fund’s inception in 2006 and said it will invest in infrastructure. Japanese bonds accounted for 55 percent of the fund’s portfolio at ...
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 ...
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 ...
The bond vigilantes are getting antsy about Shinzo Abe’s shock-therapy program, dubbed “Abenomics.” The reference here is to traders who protest fiscal or monetary policies that they consider inflationary, and they sell bonds. Japan has become their latest target. Yields on benchmark government bonds ...
Japan’s government must demonstrate a commitment to fiscal rehabilitation to boost the credibility of government bonds and prevent a spike in long-term yields as soaring stocks damp the allure of the nation’s sovereign debt, Economy Minister Akira Amari said. “As stocks have rallied this ...
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 ...
