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1 week ago | 
bloomberg.com | Takahiko Hyuga
(Bloomberg) -- Credit Agricole SA is issuing floating-rate Samurai bonds for the first time in about a decade, as it draws strong demand from investors worried about rising Japanese government bond yields. The French bank priced a seven-tranche Samurai bond deal totaling ¥85 billion ($591 million) including a five-year floating-rate tranche that raised ¥26.9 billion, exceeding the ¥16.3 billion offered in the five-year fixed-rate tranche.
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2 weeks ago | 
bloomberg.com | Ayai Tomisawa |Takahiko Hyuga
Mount Fuji stands beyond buildings in Tokyo, Japan, on Friday, Jan. 11, 2019. Japan’s key inflation gauge slowed in the first back-to-back decline since April, highlighting the difficulty of the Bank of Japan’s price goal ahead of its policy meeting next week. Photographer: Akio Kon/Bloomberg(Bloomberg) -- Borrowers are finding a silver lining in this week’s surge in Japanese bond yields with higher rates attracting credit investors.
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3 weeks ago | 
bloomberg.com | Takahiko Hyuga
The AI zone at the Rakuten Optimism event in Tokyo, in 2024. (Bloomberg) -- Rakuten Group Inc. reported its 19th straight quarterly loss after financing costs mounted and it sought to turn around its struggling wireless operations. The Japanese e-commerce pioneer reported a net loss of ¥73.47 billion ($500 million) in the three months ended in March, compared with a ¥42.39 billion loss a year ago.
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1 month ago | 
finance.yahoo.com | Ethan Steinberg |Ayai Tomisawa |Takahiko Hyuga
Unlock stock picks and a broker-level newsfeed that powers Wall Street. Ethan M Steinberg, Ayai Tomisawa and Takahiko Hyuga Thu, May 1, 2025, 10:17 PM 4 min read In This Article: (Bloomberg) -- European and Asian money managers are showing signs of losing some of their appetite for lending to US companies as trade wars heat up, in a potentially worrying sign for corporate America.
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1 month ago | 
asreport.americanbanker.com | Ethan Steinberg |Ayai Tomisawa |Takahiko Hyuga
(Bloomberg) -- European and Asian money managers are showing signs of losing some of their appetite for lending to US companies as trade wars heat up, in a potentially worrying sign for corporate America. Investors outside the US turned into net sellers of corporate debt in the first half of April, after US President Donald Trump announced the highest tariffs on foreign countries in more than a century. That's according to data tracking direct flows compiled by Goldman Sachs Group Inc.
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1 month ago | 
bloomberg.com | Ethan Steinberg |Ayai Tomisawa |Takahiko Hyuga
In Japan, that calculus works out in favor of domestic corporate credit, according to JPMorgan strategists. (Bloomberg) -- European and Asian money managers are showing signs of losing some of their appetite for lending to US companies as trade wars heat up, in a potentially worrying sign for corporate America.
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1 month ago | 
news.bloomberglaw.com | Ethan Steinberg |Ayai Tomisawa |Takahiko Hyuga
European and Asian money managers are showing signs of losing some of their appetite for lending to US companies as trade wars heat up, in a potentially worrying sign for corporate America. Investors outside the US turned into net sellers of corporate debt in the first half of April, after US President Donald Trump announced the highest tariffs on foreign countries in more than a century. That’s according to data tracking direct flows compiled by Goldman Sachs Group Inc.
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1 month ago | 
japantimes.co.jp | Takahiko Hyuga |Issei Hazama
Local governments have failed to sell out bonds at several recent offerings, marking a shift in what has traditionally been a stable market, said people familiar with the matter. This month’s heightened market volatility, driven by U.S. tariff policies and uncertainty over a potential Bank of Japan rate hike, have also led to delays and cancellations of several Japanese corporate bond offerings.
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1 month ago | 
bloomberg.com | Takahiko Hyuga |Issei Hazama
Mount Fuji and the Shinjuku skyline seen from an observation deck in Tokyo, Japan, on Tuesday, Dec. 26, 2023. Japan’s industrial output in November is scheduled to be released by the Ministry of Economy, Trade and Industry on Dec. 28. Photographer: Akio Kon/Bloomberg(Bloomberg) -- Japan’s local governments have failed to sell out bonds at several recent offerings, marking a shift in what has traditionally been a stable market, said people familiar with the matter.
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1 month ago | 
news.bloomberglaw.com | Saburo Funabiki |Takahiko Hyuga
All eyes are on the yen as Japan prepares to hold tariff negotiations with the US this week, with analysts predicting that authorities in Tokyo will allow the currency to strengthen to help narrow the US trade deficit. As one of the first countries to formally engage in talks, Japan’s chief trade negotiator Ryosei Akazawa will visit the US April 16 to 18 to seek an exemption from the so-called reciprocal tariffs.
