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Showing 1001 - 1010 of 3347 results for "Japan"

MLC insurance sale to cost NAB $1.5bn

LAURA MILLAN  |  THURSDAY, 29 OCT 2015
National Australia Bank (NAB) has agreed to sell 80% of MLC's insurance business for $2.4 billion, but it estimates it will lose over $1.5 billion in the transaction. The bank told investors that the transaction would involve an indicative loss of $1.1 ...

NAB sells insurance business to Nippon Life

LAURA MILLAN  |  WEDNESDAY, 28 OCT 2015
National Australia Bank (NAB) has sold 80% of its MLC life insurance business to Japanese insurer Nippon Life for $2.4 billion. NAB will retain ownership of its superannuation, platforms, advice and asset management businesses. It will also retain the ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... Rights) basket of currencies. I'll give what they're giving. The ECB and the PBOC's latest moves could encourage the Bank of Japan (BOJ) to follow suit, after all its economy is the weakest compared with that of the Eurozone and China. The BOJ meets ...

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
... meet on 15-16 December. We might get more than a promise from the BOJ's Kuroda though. Deteriorating economic conditions in Japan have bumped up expectations for more policy accommodation even before the ECB's yuletide cheer. The euro's 1.1% depreciation ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
... be due to the improving Japanese economy - the "three arrows" are hitting their mark. That is if you believe the Bank of Japan's (BOJ) optimistic rhetoric that, "Japan's economy has continued to recover moderately" and "On the domestic demand side, business ...

FEATURE: Investing in a world on hold

LAURA MILLAN  |  FRIDAY, 16 OCT 2015
... well when rates go up." The age of divergence With the US and the United Kingdom ready to raise rates and the Eurozone and Japan still undertaking quantitative easing policies, volatility is set to increase everywhere once rates rise in the US: "The ...

NAB enters into MOU with Nippon Life

ALEX BURKE  |  THURSDAY, 15 OCT 2015
NAB has entered into a memorandum of understanding with Nippon Life to build a life insurance partnership. The goal, according to NAB's ASX statement, is to "[enter] a long-term partnership in life insurance product manufacturing," although NAB added ...

Man Group appoints APAC director

LAURA MILLAN  |  MONDAY, 12 OCT 2015
... in Australia to the role of managing director for the Asia Pacific region. Hersh Gandhi will be responsible for APAC ex-Japan, effective immediately. He will lead the alternative investment manager's institutional and retail client business across the ...

Holding pattern

BENJAMIN ONG  |  THURSDAY, 8 OCT 2015
... in China and east Asia of late, but stronger US growth". Though some expanded an expansion of QE this month, the Bank of Japan (BOJ) also didn't budge which, like the RBA, saw that "Overseas economies - mainly advanced economies -- have continued to ...

China puts another one in the bag

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2015
... while at the same time taking the scissors to many others, including 0.2pp markdowns each (from its July projections) in Japan's GDP growth forecasts to 0.6% and 1.0% in 2015 and 2016, respectively. A nice seque into China's continued point scoring against ...