Market Recap 08/03/2020

Download as PDF US US market ended another wild trading week with a slight gain after last Friday substantive losses. S&P500 closed at 2,972.37, with a weekly gain of 0.61%. Dow-Jones Industrial Average Index (DJIA) was up 1.79% reaching 25,864.78. The demand for haven assets is rising and the bets Read more…

Market Recap 01/03/2020

Download as PDF United States The US markets experienced the worst week since 2008 due to a massive sell off caused by coronavirus uncertainty. S&P500 closed at 2954.22 with a weekly loss of a staggering 11.50% whilst the Dow-Jones Industrial Average (DJIA) Index finished the week at 25.409, down 12.00% Read more…

Mitsubishi UFJ Trust kills two birds with one stone with the CBA asset management units’ acquisition and creates a ¥90 trillion colossus

Mitsubishi UFJ Financial Group Inc (TOKYO: 8306:JP) – market cap as of 09/11/2018: ¥9.477tn Introduction  On October 31, 2018, Mitsubishi UFJ Trust and Banking Corporation (“MUTB”), a wholly owned subsidiary of the cross-listed Mitsubishi UFJ Financial Group (“MUFG”), and one of Japan’s leading asset managers, came to an agreement with Read more…

How to trade Japanese Elections

Introduction The Japanese PM dissolved the lower parliament on 28th September, initiating the process for the snap elections to be held on October 22nd. We believe that it is a move to secure a fresh mandate in the parliament after Mr. Abe’s association with a series of scandals over the Read more…

Consolidate or Perish: Largest Japanese Freight Ship Companies to Combine Container Shipping Operations

Nippon Yusen K.K. — market cap as of 11/11/2016: ¥326.51bn (€2.94bn) Mitsui O.S.K. Lines, Ltd. — market cap as of 11/11/2016: ¥320.87bn (€2.89bn) Kawasaki Kisen Kaisha, Ltd. — market cap as of 11/11/2016: ¥225.45bn (€2.03bn) Introduction On October 31, Nippon Yusen K.K., Mitsui O.S.K. Lines, and Kawasaki Kisen Kaisha reached Read more…