Kyoto considers entering Japan's nascent local green bond market
The city of Kyoto is exploring a possible sale of debt to finance environmental, social and governance projects, in what may be the country's only such municipal bond after Tokyo, the mayor has said. The historic former capital, which has more than 1,600 temples, is ...
Global bond sell-off persuades some investors to buy the dip as U.S.-China talks whipsaw market
Recent losses in Treasuries, which crescendoed Thursday into one of the worst days since Donald Trump was elected president, look like a buying opportunity for many investors who have a grim view of the economy's prospects. And it appears some are pouncing, with traders cashing ...
Finance Minister Taro Aso indicated a new openness to introducing 50-year government bonds, days after the country's central bank chief suggested such a move could be helpful. "This is one topic of our considerations," Aso told reporters Friday in Tokyo when asked about the potential ...
Tepco may become first Japanese utility to issue green bonds
Tokyo Electric Power Co. Holdings Inc. could become the first Japanese utility to issue green bonds. The company is considering raising funds via its new Tepco Renewable Power Inc. unit, established this month to take over its renewable energy business, according to spokesman Takao Takagi. ...
Negative yields will punish insurer profits, ex-Bank of Japan official says
Miyako Suda, who opposed the Bank of Japan's ultraloose monetary policy as a member of its Policy Board, has a warning for the nation's life insurers as bond yields sink ever lower. This prolonged period of ultralow rates will pressure profits as sovereign debt matures ...
SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions. The new figure is a fraction of the $47 billion valuation the startup commanded as recently as January. ...
Fighting against Bank of Japan may not be crazy after all
Going against a central bank is an investment strategy fraught with peril, but some bond market analysts think the Bank of Japan will fail to steepen the yield curve.
Gone in 146 seconds: Japan's investors race to buy SoftBank bonds
Monex Group Inc.'s online brokerage sold out ¥500 million ($4.6 million) of SoftBank Group Corp. bonds to individual Japanese investors in less than three minutes earlier this week, a sign of strong demand for the conglomerate's debt despite skepticism about some of the company's ...
Malaysia's Mahathir Mohamad to visit Kyoto with samurai bonds on the agenda
Malaysian Prime Minister Mahathir Mohamad is set to make a three-day visit to Kyoto beginning Friday, Japan's Foreign Ministry said in a statement. The Bernama news agency separately said the visit will include talks Sunday with Japan Bank for International Cooperation Gov. Tadashi Maeda on ...
Agency prices Japan bond with negative yield for first time as rates plunge
An agency priced a Japanese bond with a negative yield for the first time, in a sign that such debt sales may increase in the nation amid a global tumble in interest rates. Japan Student Services Organization, or JASSO, priced ¥30 billion ($281 million) two-year ...
Japan regains status as top foreign holder of U.S. Treasurys
Japan surpassed China in June as the top holder of U.S. Treasurys after raising its holdings to a nearly three-year high, as the trade war between the world's two largest economies intensified. Holdings of U.S. bonds, bills and notes were increased by $21.9 billion to ...
Dow dives 800 points after bond market warns of recession and Trump trade war worries fester
The threat of a recession doesn't seem so remote anymore for investors in financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday that, for the first time since 2007, it briefly crossed a threshold that has correctly predicted many past ...
