Aozora shares plunged by as much as 18.5% to their lowest levels since February 2021 in early Friday Tokyo trade. The Tokyo-based commercial lender said Thursday it now expects to post a net loss of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tokyo stocks are bumping at about 34-year highs and foreign investors are pouring money into the market, but ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In Japan, Nomura is hard to beat. Japan’s largest brokerage house has a market share of about a third at home.

Cerberus Capital Management plans to sell up to 148 billion yen ($1.7 billion) of shares in Aozora Bank Ltd. in a global offering that the Japanese bank said would cut the U.S. buyout firm’s stake to ...

The Tokyo-based commercial lender said it now expects to post a net loss of 28 billion yen for the fiscal year ending Mar. 31. Aozora shares sank by as much as 21.5% to 2,557 yen (about $17.41), its ...

Daiwa Securities Group Inc. said it will increase its stake in Japan’s unprofitable Aozora Bank Ltd. The brokerage’s shares tumbled 4.6%. Daiwa will buy 9.1% of the bank from City Index Eleventh, a ...

Forbes contributors publish independent expert analyses and insights. I cover the world’s best hotels, restaurants and wine. The abundance of omakase-style restaurants in New York is remarkable, not ...