Macro Chart Focus: Brexit and the Yen
Yen has been the (perhaps unwilling) beneficiary of the risk-aversion of Brexit.This type of environment is a high risk environment for MOF...
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Three Pronged Attack on Japan's Banks, Becomes More Pointed
Japan’s banks face pressure on margins, credit costs and stock market losses. Much of this will worsen further since events in the UK....
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[Japan M&A] Daito Trust To Buy The Global Group (3271 JP) From SBI and Asahi Kasei. Cheapish BUT...
SBI's deal to sell condo developer The Global Group to Daito Trust at bird-in-hand 3.5x book tells you the birds in the bush are worth money. This...
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The Global (3271 JP): Daito Trust (1878 JP)’s Tender Offer Is Light but Done
While it represents an all-time high, the offer is light, as it is below the midpoint of the target IFA’s DCF valuation range. However, the...
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Japan's Banks Can Lose 30% of Income
With less interest income on cash, securities and loans, Japan’s banks can lose a considerable amount of current profit. We show how negative...
358 Views