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Aviation 14 Aug 2020 | 7:00 AM

ANA in talks to raise up to US$4.7bil capital from banks

TOKYO: Japanese airline company ANA Holdings Inc is in talks with multiple banks to raise capital of up to 500 billion yen (US$4.7bil) in the wake of the coronavirus-driven slump in air travel demand, the Nikkei business daily reported yesterday.

World 07 Apr 2020 | 10:48 AM

Factbox: Japan's stimulus plan to combat coronavirus pain

(Reuters) - Japanese Prime Minister Shinzo Abe on Tuesday unveiled a near $1 trillion (£813.87 billion) stimulus package in which the government vowed to take all steps to battle the deepening fallout from the coronavirus pandemic.

Corporate News 19 Dec 2019 | 7:00 AM

Showa unveils US$8.8bil deal for Hitachi Chemical

TOKYO: Showa Denko K.K., Japan’s No. 3 diversified chemicals supplier, agreed to pay more than double its own market value to buy its bigger rival Hitachi Chemical Co, a deal that would expand its car battery and high-function materials business.

Analyst Reports 28 Jan 2019 | 1:00 AM

AmInvest Research retains Buy on Yinson, FV RM5.53

KUALA LUMPUR: AmInvestment Research is maintaining its forecasts and Buy on Yinson Holdings with an unchanged sum-of-parts-based (SOP) fair value of RM5.53 a share, which implies an FY21F PE of 14 times. Its last traded price was RM4.09.

Corporate News 24 Oct 2018 | 12:00 AM

US$2bil lifeline for Mitsubishi Heavy aircraft unit

TOKYO: Mitsubishi Heavy Industries is arranging 220 billion yen (US$2bil) in financial support for its aircraft unit, which has struggled to deliver its first passenger plane, national broadcaster NHK reported yesterday.