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☆ SoftBank's Arm aims for over $52 bln valuation in biggest US IPO of the year
▼ + stars: | 2023-09-05 | by ( Manya Saini | Thomson Reuters | Manya Saini Reports On Prominent Publicly Listed U.S. Financial Firms Including Wall Street S Biggest Banks | ) www.reuters.com time to read: +5 min

The valuation that Arm is chasing now represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25% stake it did not already own in the company from its $100 billion Vision Fund. Jamie Mills O’Brien, portfolio manager at British fund manager Abrdn, said he found SoftBank's valuation ask in the IPO "more palatable than initially discussed." REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsReuters first reported on SoftBank's proposed price range for the IPO on Saturday. If the underwriters exercise their right to buy shares in Arm in full as part of 'greenshoe option', it would take the IPO amount to be raised to $5.2 billion. Arm expects to trade on the Nasdaq Global Select Market under the symbol "ARM".

Persons: Group's, SoftBank, Jamie Mills O’Brien, Abrdn, Kim Kyung, Sara Russo, Bernstein, Goldman Sachs, JPMorgan Chase, Manya Saini, Pablo Mayo, Arun Koyyur, Nick Zieminski Organizations: Vision, Nvidia Corp, Apple, Nvidia, Devices, Intel, Samsung Electronics, REUTERS, Rights Reuters, Acorn Computers, Apple Computer, VLSI Technology, London Stock Exchange, Nasdaq, SoftBank, Barclays, JPMorgan, Mizuho Financial Group, underwriters, Pablo Mayo Cerqueiro, Thomson Locations: United Kingdom, China, United States, New York, Tokyo, Japan, Bengaluru, London

☆ Japan's Mitsubishi Heavy reschedules moon rocket launch for Thursday
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +1 min

The logo of Mitsubishi Heavy Industries is seen at the company headquarters in Tokyo, Japan December 8, 2022. REUTERS/Kim Kyung-Hoon/file photo Acquire Licensing RightsTOKYO, Sept 4 (Reuters) - Japan's Mitsubishi Heavy Industries (7011.T) said on Monday it planned to launch its H-IIA rocket carrying a moon lander on Thursday morning, after unfavourable wind conditions led to a postponement last month. The new schedule was announced a week after the previous launch attempt, which would have carried Japan's first spacecraft to land on the moon, was suspended because of high winds. H-IIA, jointly developed by JAXA and MHI, has been Japan's flagship space launch vehicle, with 45 successful launches in 46 tries since 2001. After JAXA's new medium-lift H3 rocket failed on its debut in March, the agency postponed the launch of H-IIA No.

Persons: Kim Kyung, JST, Rocky Swift, Mariko Katsumura, Christian Schmollinger, Gerry Doyle Organizations: Mitsubishi Heavy Industries, REUTERS, Rights, Japan Aerospace Exploration, JAXA, Yomiuri, Thomson Locations: Tokyo, Japan

☆ Nearly 70% of Japan firms yet to disclose strategies for better capital efficiency
▼ + stars: | 2023-08-31 | by ( Makiko Yamazaki | ) www.reuters.com time to read: +2 min

A photographer takes photo of a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsCompanies Japan Exchange Group Inc FollowTOKYO, Aug 31 (Reuters) - Nearly 70% of companies listed on the top "prime" section of the Tokyo Stock Exchange (TSE) have yet to respond to the bourse's call for better capital efficiency, a request that helped lift the Japanese market to 33-year highs. "The call has already prompted responses from a certain number of companies," the TSE said in a document released early this week. The remaining 69% made no mention in their annual corporate governance reports, where they are required to disclose such measures. Specific measures include making investments for growth, increasing shareholder returns and revising business portfolios, according to the TSE, owned by Japan Exchange Group (8697.T).

Persons: Kim Kyung, Makiko Yamazaki, Jacqueline Wong Organizations: Tokyo Stock Exchange, REUTERS, Rights, Japan Exchange, TSE, PBR, Japan Exchange Group, Thomson Locations: Tokyo, Japan

☆ Japan's Simplex launches first ETFs focused on stocks below book value
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

A woman uses a mobile phone in front of an electric board displaying the Nikkei stock average outside a brokerage in Tokyo, Japan June 14, 2023. Some 189 companies in the Topix 500 (.TOPX500) trade below book value, compared to 17 in the S&P 500 (.SPX), according to Simplex. The funds launch next week and are focused on the areas of the market where many investors see the most potential. One of the funds, Simplex PBR Improvement over 1x ETF (2080.T), will contain about 500 stocks that average 0.7 times their book value. Simplex is also launching a third ETF (2082.T) focused on stocks where executive pay is tied to corporate performance.

Persons: Kim Kyung, Hiromasa Mizushima, Junko Fujita, Tom Westbrook, Miral Organizations: Nikkei, REUTERS, Rights, Simplex, Management, Japan's Nikkei, Tokyo bourse, Simplex Asset Management, Tokyo Stock Exchange, Thomson Locations: Tokyo, Japan

☆ Japan considering extending gasoline subsidies to year-end - sources
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

Gasoline fuel guns are pictured in front of fuel boards at a gasoline station in Tokyo, Japan September 20, 2022. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsTOKYO, Aug 29 (Reuters) - Japan's government is considering extending until year-end fuel subsidies to keep gasoline prices below 180 yen a litre, while working on a supplementary budget to finance broader measures, three people with direct knowledge of the matter said. Earlier, the sources had said the fuel subsidies would be funded by the supplementary budget. Last week, Prime Minister Fumio Kishida instructed ruling party officials to consider steps to extend the fuel subsidies which were introduced in January 2022 to help ease cost of living pressures. Gasoline prices have been rising steadily in Japan due to the weaker yen and higher global prices.

Persons: Kim Kyung, Komeito, Toshimitsu Motegi, Shunichi Suzuki, Fumio Kishida, Yoshifumi Takemoto, Tetsushi Kajimoto, Katya Golubkova, Muralikumar Anantharaman Organizations: REUTERS, Rights, Liberal Democratic Party, Finance, Thomson Locations: Tokyo, Japan

☆ BOJ's Ueda: Underlying inflation still a bit below target
▼ + stars: | 2023-08-26 | by ( ) www.reuters.com time to read: +2 min

Bank of Japan Governor Kazuo Ueda speaks at a group interview with media in Tokyo, Japan, May 25, 2023. "We think that underlying inflation is still a bit below our target," Ueda said. Japan's core consumer inflation hit 3.1% in July, staying above the central bank's 2% inflation target for the 16th straight month, as companies continued to pass on higher costs to households. Nevertheless, inflation "is expected to decline" from here, he said, with the underlying trend still less than the target. It also sets an allowance band of 50 basis point around the 10-year yield target.

Persons: Kazuo Ueda, Kim Kyung, JACKSON, Ueda, Howard Schneider, Leika Kihara, Andrea Ricci, Diane Craft Organizations: Japan, REUTERS, Bank of Japan's, Reserve, Thomson Locations: Tokyo, Japan, , Wyoming

☆ Asia stocks track Wall Street rally as treasury yields retreat
▼ + stars: | 2023-08-24 | by ( Julie Zhu | ) www.reuters.com time to read: +3 min

REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsHONG KONG, Aug 24 (Reuters) - Asian shares rallied on Thursday after blockbuster results from tech darling Nvidia (NVDA.O) boosted Wall Street and a retreat in U.S. bond yields eased pressure on borrowing costs globally. Early in the Asian trading day, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 0.7%, also lifted by Nvidia's bullish outlook. Australian shares (.AXJO) edged up 0.27%, while Japan's Nikkei stock index (.N225) rose 0.23%. On Wednesday, U.S. stocks ended sharply higher across the board as shares of Nvidia jumped nearly 10% in trading after the bell, hitting an all-time high after it forecast third-quarter revenue well above Wall Street targets. On Wall Street, the Dow Jones Industrial Average (.DJI) rose 0.54%, the S&P 500 (.SPX) gained 1.10% and the Nasdaq Composite (.IXIC) added 1.59%.

Persons: Kim Kyung, HONG KONG, Jerome Powell, Jackson, Powell, HSI, Brent, Lincoln Organizations: Tokyo Stock Exchange, REUTERS, Federal, ANZ, Japan's Nikkei, Nvidia, Dow Jones, Nasdaq, Treasuries, Thomson Locations: Tokyo, Japan, HONG, Jackson Hole , Wyoming, U.S, South Korea, Indonesia, Asia, Pacific, United States

☆ China Construction Bank H1 profit up 3.36%
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +1 min

China Construction Bank Corp (CCB) logo is seen on its headquarters in Beijing, China, March 31, 2016. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsSummaryCompanies H1 net profit 167.34 bln yuan vs 161.9 bln year agoNIM 1.79% end-June vs 1.83% end-MarchNPL ratio 1.37% end-June vs 1.38% end-MarchBEIJING/SHANGHAI, Aug 23 (Reuters) - China Construction Bank Corp (CCB)(601939.SS), the first of the country's Big Five lenders to report half-year results this week, posted a 3.36% rise in first-half net profit on Wednesday. China's second-biggest lender by assets saw profits rise to 167.34 billion yuan ($22.95 billion), a filing by the bank showed. The bank said it will continue to fulfill the responsibilities of a major state bank and provide strong financial support for the real economy for the rest of this year. ($1 = 7.2901 Chinese yuan renminbi)Reporting by Ziyi Tang and Engen Tham; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kyung, China's, CCB, CCB's, Ziyi Tang, Engen, Jason Neely Organizations: China Construction Bank Corp, REUTERS, Thomson Locations: China, Beijing, BEIJING, SHANGHAI

☆ JPMorgan sees Japan's threshold for yen intervention at around 150 yen per dollar
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsLONDON, Aug 21 (Reuters) - Japan's threshold for currency market intervention on the yen is likely to be around 150 per dollar, investment bank JPMorgan's analysts said on Monday. "We think that the MoF (Ministry of Finance Japan) will not intervene in the FX market at around (the) 145 level. Our threshold level of JPY buying intervention is around 150," they said in a note. The yen was trading at 145.87 to the dollar on Monday, having been as weak as 146.56 last week. "Intervention needed is not as acute as in the September and October intervention cases," they said.

Persons: Kim Kyung, Marc Jones, Dhara Organizations: National Printing Bureau, Bank of Japan, REUTERS, Ministry of Finance Japan, Thomson Locations: Tokyo, Japan

REUTERS/Kim Kyung-Hoon/file photo Acquire Licensing RightsAug 18 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. At the very least, investors are nervous and scrambling to adjust to the higher yield environment. But given the tightening of financial conditions around the world, investors remain wary. The 10-year U.S. Treasury yield is above 4.30%, a whisker from highs not recorded since 2007 and the 10-year real yield at almost 2.0% is already at levels last seen in 2009. This is taking its toll - financial conditions across emerging markets are the tightest since early December, according to Goldman Sachs's EM financial conditions index, and risk assets are getting pounded.

Persons: Kim Kyung, Jamie McGeever, Bonds, Japan's, Goldman Sachs's, Josie Kao Organizations: REUTERS, U.S, Treasury, Bank of, People's Bank of China, Thomson, Reuters Locations: Ameyoko, Tokyo, Japan, Bank of Japan, China, Asia, Malaysia

Construction workers take a nap in front of a wall of a construction site during their lunch break in Beijing, China, May 5, 2015. REUTERS/Kim Kyung-Hoon /File PhotoAug 15 (Reuters) - China suspended publication of its youth jobless data on Tuesday, saying it needed to review the methodology behind the closely watched benchmark, which has hit record highs in one of many warning signs for the world's second-largest economy. Fu Linghui, a spokesman for the National Bureau of Statistics (NBS), said the release of data would be suspended while authorities look to "optimise" collection methods. "The declining availability of macro data may further weaken global investors' confidence in China," said Ting Lu, chief China economist at Nomura, adding that youth unemployment was expected to have risen in July. The most recent NBS data on youth unemployment, published last month, showed the jobless rate jumping to a record high of 21.3% in June.

Persons: Kim Kyung, Fu Linghui, Fu, Ting Lu, Tuesday's, Laurie Chen, Albee Zhang, Muralikumar Anantharaman, Sam Holmes, Gerry Doyle Organizations: REUTERS, National Bureau of Statistics, Nomura, China News Service, Thomson Locations: Beijing, China, Weibo

Japan’s Q2 GDP grows fastest in more than two yearsMarcel Thieliant, head of Asia-Pacific at Capital Economics, said the export-driven momentum in growth is unlikely to be sustained. Exports expanded 3.2% in the second quarter led by car exports and inbound tourism, while capital expenditure was flat. Strong U.S. and European demand has also supported exports while the post-COVID boom in foreign tourists has given the economy a much-needed tailwind. That boost in external demand, or net exports, added 1.8 percentage points to second quarter growth. It doesn't mean a strong recovery in Japanese economy," said Takumi Tsunoda, senior economist at Shinkin Central Bank Research Institute.

Persons: Kim Kyung, Marcel Thieliant, Thieliant, Takumi Tsunoda, Shigeyuki Goto, Goto, Tetsushi Kajimoto, Pasit Kongkunakornkul, Sam Holmes Organizations: REUTERS, TOKYO, Capital Economics, Private, U.S, Shinkin Central Bank Research Institute, The Bank of Japan, Thomson Locations: Tokyo, Japan, Asia, China

☆ Japan Q2 GDP growth led by exports, weak consumption a source of concern
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO-A cargo ship and containers are seen at an industrial port in Tokyo, Japan, February 15, 2022. The gross domestic product (GDP) figure translated to a quarterly increase of 1.5%, bigger than a median estimate for 0.8% in a Reuters poll of 18 economists. By key sub-sectors, private consumption, which makes up more than half of the world's third-largest economy, fell 0.5% quarter-on-quarter. Exports expanded 3.2%, while capital expenditures were flat. Reporting by Tetsushi Kajimoto and Kantaro Komiya Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kyung, Tetsushi Kajimoto, Chang, Ran Kim Organizations: REUTERS, Thomson Locations: Tokyo, Japan

☆ Asian shares slip on China worries; U.S. inflation figures awaited
▼ + stars: | 2023-08-10 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

REUTERS/Kim Kyung-HoonSINGAPORE, Aug 10 (Reuters) - Asian stocks lost ground on Thursday, still hurting from China's slip into deflation, with investors particularly cautious ahead of a crucial U.S. inflation report that will likely influence the Federal Reserve's monetary policy path. The announcement of a U.S. ban on investments in sensitive technologies in the world's second-largest economy also weighed on sentiment. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.33% and it looked set to log a second straight week of losses. China is the first G20 economy to report a year-on-year decline in consumer prices since Japan's last negative headline CPI reading in August 2021. Investors have also been unwilling to place major bets this week ahead of a U.S. inflation report due later on Thursday.

Persons: Kim Kyung, Hong, HSI, Rodrigo Catril, Joe Biden, Brent, Ankur Banerjee, Edwina Gibbs Organizations: Yen, REUTERS, Hoon, Federal, Japan's Nikkei, National Australia Bank, Wednesday, Saxo Markets, U.S, CPI, Reuters, Treasury, Thomson Locations: Tokyo, Japan, Hoon SINGAPORE, U.S, Asia, Pacific, Shanghai, China, Beijing, Saudi, Russian

☆ Japan lodges protest with Russia over suspension of tax treaties
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

Japan's Education Minister Hirokazu Matsuno speaks at a news conference at Prime Minister Shinzo Abe's official residence in Tokyo, Japan, August 3, 2016. REUTERS/Kim Kyung-Hoon/File PhotoTOKYO, Aug 9 (Reuters) - Japanese Chief Cabinet Secretary Hirokazu Matsuno said on Wednesday that Japan has lodged a protest with Russia over Moscow's suspension of tax treaties. "Japan lodged a protest against Russia through diplomatic channels and asked them to withdraw their decision," he said. Matsuno also said that the government would closely examine Russia's decision, and would collect information on the situation of Japanese companies there and take appropriate action. Reporting by Kaori Kaneko; Editing by Christopher Cushing and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Hirokazu Matsuno, Shinzo, Kim Kyung, Vladimir Putin, Russia's, Matsuno, Kaori Kaneko, Christopher Cushing, Gerry Doyle Organizations: Japan's, REUTERS, Thomson Locations: Tokyo, Japan, Russia

☆ DAZN to stream Saudi Pro League matches in six countries including UK, Germany
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kim Kyung-Hoon/File PhotoAug 9 (Reuters) - DAZN has secured the rights to stream Saudi Pro League matches for a two-year period in the UK, Ireland, Germany, Austria, Belgium and Canada, the sports video service said on Wednesday. As part of the deal, DAZN will stream three Saudi league matches per week. Since the capture of Portugal forward Ronaldo, the Saudi league has grown in stature by signing top players from Europe, including Ballon d'Or winner Karim Benzema who left Real Madrid to join champions Al-Ittihad. "The RSL (Roshn Saudi League) is rapidly developing into an international phenomenon, attracting some incredible talent that will only improve an already strong and vibrant competition," Shay Segev, DAZN Group CEO, said in a statement. The new season kicks off on Friday with Al-Ahli -- who have signed Champions League winners like Riyad Mahrez, goalkeeper Edouard Mendy and Roberto Firmino -- taking on Al-Hazm.

Persons: Kim Kyung, DAZN, Cristiano Ronaldo, Sadio Mane, Ronaldo, Ballon, Karim Benzema, Shay Segev, Riyad Mahrez, Edouard Mendy, Roberto Firmino, Rohith Nair, Ken Ferris Organizations: REUTERS, Saudi Pro League, Saudi, Al, Bayern Munich, Real, DAZN, RSL, League, Thomson Locations: Tokyo, Japan, Ireland, Germany, Austria, Belgium, Canada, Portugal, Europe, Real Madrid, Ittihad, Saudi League, Ahli, Bengaluru

☆ China's July new yuan loans seen dipping after record H1 - Reuters poll
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +3 min

Chinese banks are estimated to have issued 800 billion yuan ($110.98 billion) in net new yuan loans last month, down sharply from 3.05 trillion yuan in June, according to the median estimate in the survey of 29 economists. But the expected new loans would be higher than the 679 billion yuan issued in the same month a year earlier. Chinese banks doled out 15.73 trillion yuan in new loans in the first six months of this year, the highest first-half number on record, central bank data showed. Outstanding yuan loans were expected to grow by 11.3% in July from a year earlier, the same as in June, the poll showed. In July, TSF is expected to fall sharply to 1.10 trillion yuan from 4.22 trillion yuan in June.

Persons: Kim Kyung, TSF, Judy Hua, Kevin Yao, Conor Humphries Organizations: REUTERS, Thomson Locations: Beijing, China, BEIJING

Sentiment rebounded in China as the blue chip CSI300 index (.CSI300) turned positive to be up 0.07% after initially losing 0.54%. Australian shares (.AXJO) were up 0.15%, while Japan's Nikkei stock index (.N225) rose 0.29% after early trading up by nearly 0.8%. ANZ predicts China's July consumer price index to come in at minus 0.4% year-on-year. "Weak inflation in China should be a global disinflationary force in goods markets going forward." Minor measures to help property markets have been delivered in the past fortnight, but no broad stimulus has been outlined.

Persons: Kim Kyung, Hoon SYDNEY, Hong, HSI, Mizuho, Brent, Scott Murdoch, Lincoln Organizations: Yen, REUTERS, Federal, Japan's Nikkei, Dow Jones, Nasdaq, Global, ANZ, Thomson Locations: Tokyo, Japan, China, United States, Asia, Pacific, U.S, Sydney

☆ Spanish midfielder Iniesta joins Emirates Club
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

Soccer Football - Friendly - Vissel Kobe v FC Barcelona - Japan National Stadium, Tokyo, Japan - June 6, 2023 Vissel Kobe's Andres Iniesta applauds the fans as he gets substituted by Haruya Ide REUTERS/Kim Kyung-Hoon/File PhotoAug 8 (Reuters) - Former Spain and Barcelona midfielder Andres Iniesta has joined Emirates Club, the UAE Pro league announced on Tuesday. "Welcome Iniesta", Emirates club said on messaging platform X, formerly known as Twitter. The 39-year-old player left Japanese club Vissel Kobe last month after five years. Iniesta won nine LaLiga titles with Barcelona and four Champions League titles. With Spain, he won the 2010 World Cup and back-to-back Euro titles in 2008 and 2012.

Persons: Vissel Kobe's Andres Iniesta applauds, Haruya Ide, Kim Kyung, Andres Iniesta, Iniesta, Shady Amir, Clare Fallon Organizations: Soccer Football, FC Barcelona, Japan, Haruya Ide REUTERS, Barcelona, Emirates Club, UAE Pro, Emirates, Twitter, Vissel Kobe, League, Spain, Vissel, AFC Champions League, Thomson Locations: Kobe, Tokyo, Japan, Spain, Ras Al, Khaimah, Vissel Kobe

☆ Japan's 'Mr.Yen' Sakakibara expects no yen intervention
▼ + stars: | 2023-08-07 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Japan's former currency czar Eisuke Sakakibara speaks at an interview with Reuters in Tokyo, Japan February 6, 2017. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". Sakakibara takes Bank of Japan head Kazuo Ueda at his word that easy policy will be retained for the time being. Japan's Ministry of Finance intervened in October when the yen slipped to 149.70 against the dollar, and speculation grew that the currency could tumble further. While the chance that the yen weakens further against the dollar can't be completely dismissed, Sakakibara believes the "tide has changed" for dollar-yen.

Persons: Eisuke Sakakibara, Kim Kyung, Sakakibara, Mr Yen, Kazuo Ueda, Brigid Riley, Hiroko Hamada, Shri Navaratnam Organizations: Reuters, REUTERS, U.S, U.S . Federal Reserve, of Finance, Bank of Japan, Fed, Bank, Japan, Japan's Ministry of Finance, Thomson Locations: Tokyo, Japan, U.S, Japan's

☆ Asia shares on guard for US, China inflation risks
▼ + stars: | 2023-08-07 | by ( Wayne Cole | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was a fraction firmer in thin trade, after losing 2.3% last week. Chinese blue chips (.CSI300) eased 0.7% with investors still disappointed at the lack of major and concrete stimulus steps from Beijing. Going the other way, S&P 500 futures added 0.4% and Nasdaq futures 0.5%. In China, the market is looking for further signs of deflation with annual consumer prices seen down around 0.5%, and producer prices falling 4%. Futures imply only a 12% chance of a Federal Reserve rate hike in September, and 24% for a rise by year-end.

Persons: Kim Kyung, Walt Disney, Goldman Sachs, Michael Gapen, Brent, Wayne Cole, Shri Navaratnam, Jacqueline Wong Organizations: Yen, REUTERS, Nikkei, SYDNEY, Japan's Nikkei, Bank of Japan, Nasdaq, News Corp, Goldman, Federal, Fed, U.S ., Thomson Locations: Tokyo, Japan, China, U.S, Asia, Pacific, Beijing, Ukraine

Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. Shares of Estia Health were up 9.9% at A$3.12 as of 0045 GMT, their highest since Sept 2018. Bain Capital did not immediately respond to a Reuters request for comment. In June, the company updated the market on its intentions to back Bain Capital's increased offer of $A3 per share to A$3.20. "If they acquire Estia Health they may be stuck with it in the days ahead."

Persons: Kim Kyung, Estia, Bain Capital's, Gary Weiss, Estia's, Brad Smoling, Smoling, Rishav Chatterjee, Scott Murdoch, Sherry Jacob, Phillips, Stephen Coates Organizations: Bain Capital, REUTERS, Global, Estia, Bain, Virgin Australia, Australia, Health, Thomson Locations: Tokyo, Japan, Sydney, Australia, Bengaluru

☆ BOJ debated prospects of sustained inflation at July meeting - summary
▼ + stars: | 2023-08-07 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Japan is expected to see a new phase where wages and services prices continue to increase," according to one opinion shown in the summary. Therefore, wages and selling prices could continue to rise at a pace that has not been seen in the past," another opinion showed. Governor Kazuo Ueda said the decision was a pre-emptive move against the risk of rising inflation pushing up long-term bond yields, and heightening volatility in financial markets. "If prices and inflation expectations continue to heighten, the effects of monetary easing will strengthen. On the other hand, strictly capping the 10-year bond yield at 0.5% could affect bond market function and market volatility," one opinion showed.

Persons: Kim Kyung, Kazuo Ueda, Leika, Chang, Ran Kim, Sam Holmes Organizations: Bank of Japan, REUTERS, Bank, Japan, Thomson Locations: Tokyo, Japan, TOKYO

☆ Japan to start Fukushima water release as early as late August, Asahi Shimbun reports
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

Ventilation stacks and cranes at the disabled Fukushima Dai-ichi nuclear power plant are seen from a beach in Namie, about 7 km away from the power plant, in Fukushima Prefecture, Japan, February 28, 2023. REUTERS/Kim Kyung-Hoon/File PhotoTOKYO, Aug 7 (Reuters) - Japan plans to start releasing treated radioactive water from the tsunami-wrecked Fukushima nuclear power plant into the ocean as early as late August, Japan's Asahi Shimbun daily reported on Monday, citing unnamed government sources. Japan's nuclear regulator last month granted approval for plant operator Tokyo Electric Power (9501.T) to start releasing the water - which Japan and the International Atomic Energy Agency say is safe but nearby countries fear it may contaminate food. Bottom trawling fishing is scheduled to start off Fukushima, northeast of Tokyo, in September, and the government aims to start the water discharge before the fishing season gets underway, the newspaper said. Reporting by Kiyoshi Takenaka; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Kyung, Fumio Kishida, Joe Biden, Yoon Suk, Kiyoshi Takenaka, Diane Craft Organizations: REUTERS, Asahi Shimbun, U.S, South, Tokyo Electric Power, International Atomic Energy Agency, Thomson Locations: Fukushima Prefecture, Japan, United States, Fukushima, Tokyo

☆ More Baby Boomers are living alone. One reason why: ‘gray divorce’
▼ + stars: | 2023-08-05 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +12 min

It’s been about a decade since Brown’s research popularized the term “gray divorce” to describe this phenomenon – something that used to be a rarity, but now has become much more common. They dubbed it “the gray divorce revolution.”And it’s still going strong, both for celebrities and everyday people. Rather than “gray divorce,” Myres says she prefers the term “silver splitters,” because it also alludes to the silver lining of starting fresh, no matter how old you are. Financial difficulties after “gray divorce” are a problem Brown says she and other researchers have been studying, too. In the first couple of years after a “gray divorce,” Brown says, about 50% of people end up living alone.

Persons: Edith Heyck didn’t, “, I’d, ”, She’s, Susan L, Brown, It’s, ” Brown, Tipper Gore, Melinda French Gates, Lin, Melinda Gates, Justin Trudeau, Susan Myres, she’s, ‘, ’ ” Myres, “ I’ve, they’ve, Myres, ” Myres, Heyck, Edith Heyck, Edith Heyck “, ‘ Gray, ’, izusek, Bella DePaulo, …, what’s, “ Who’s, Markus Schafer, it’s, ” Schafer, Kim Kyung, Jennifer Molinsky, There’s, ” Molinsky, Edith Heyck Heyck Organizations: CNN, National Center for Family, Bowling Green State University, Al, United States, Canadian, Social Security, Baylor University, Reuters, Aging Society, Harvard University’s, for Housing Locations: Newburyport , Massachusetts, United States, United, Houston, Santa Barbara , California, Japan, Tokyo

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