by Akane Hashimoto
HC Picks
・Japan to Restart JIC, Seeks 100 Billion Yen Budget, Nikkei Says
> “Interesting to see how the new board gives right to the managements and structure a better governance.”
・Japan banking: Flowers’ 20-year journey in and out of Shinsei
> “JC Flowers had been incredibly patient. Challenges still continue.”
・MUFG’s New Top Lawyer Seeks to Bolster Ranks as Rules Bite Banks
> “Positive movement towards professionalism.”
・Japan Plans to Spend $120 Billion to Stimulate Slowing Economy
> “Diverse opinion. Need to see a positive result.”
・Japan upgrades third-quarter GDP as consumer, business strength absorbs hit from trade
・Japan pension fund GPIF announces halt to stock lending
> “It is a reasonable conclusion.”
・Japan’s Topix ETFs Continue to Attract Cash