Business Jan 27, 2016

Bank of Kyoto snubs Abe's plea to cut cross-shareholdings

As Prime Minister Shinzo Abe urges Japanese banks to reduce their stakes in client companies, at least one lender is not playing ball. Bank of Kyoto Ltd. sees no need to sell stakes in customers such as Kyocera Corp., Nintendo Co. and Nidec Corp., the ...

New business code seen spurring stock buybacks

Business Aug 7, 2015

New business code seen spurring stock buybacks

by Yuko Takeo

Prime minister Shinzo Abe has engineered a way the nation's companies can dump ¥34.1 trillion ($273 billion) of stock, and share prices will keep rising. At least that's the view of Credit Suisse Group AG's Basil Dan, who says Abe's plans to make companies sell ...