Фондовые индексы Азиатско-Тихоокеанского региона (АТР) изменяются разнонаправленно в среду, японский рынок падает вслед за котировками акций банков.
* Shinsei Bank, consumer credit unit Aplus to team with Tencent affiliate to let Chinese visitors pay via smartphone at duty-free stores, elsewhere - Nikkei
The leasing arm of Sumitomo Mitsui Financial Group and Shinsei Bank submitted binding bids this month and will both continue discussions with GE for its commercial lending and leasing operation, valued at nearly $5 billion, the newspaper said. In April, the company said it would shed most of its finance unit and become a "simpler" industrial business instead of an unwieldy hybrid of banking and manufacturing.
В понедельник, 24 августа китайский фондовый индекс Shanghai Composite в ходе торгов упал на 8,9%, что является самым серьезным падением с 2007 года. Это повлекло падение на азиатских и мировых рынках. В частности, торги на европейских фондовых рынках открылись снижением на 3%. Австралийский доллар упал до шестилетнего минимума. Нефть марки Brent также достигла минимальных показателей за последние шесть с половиной лет с 44,4 доллара за баррель. Евро, напротив, достиг максимальных показателей за последние полгода, так как инвесторы начали скупать эту валюту, сочтя ее наиболее безопасным вложением. «Ситуация начинает напоминать азиатский финансовый кризис конца 90-х. Спекулянты продают активы, которые они считают самыми уязвимыми», - сообщил Такао Масаи, аналитик токийского Shinsei Bank в интервью Times Live. ЧИТАЙТЕ ТАКЖЕ: «Для БРИКС все кончено» «Это ключевой момент для Китая. Рынки находятся в состоянии свободного падения, банковской системе все больше не хватает ликвидности, отток капитала усиливается, а экономика замедляется на глазах», - говорится в докладной записке финансовой компании IG. В то же время, ряд аналитиков считает, что у Пекина есть механизмы, которые позволят справиться с кризисной ситуацией. Среди таких инструментов называют понижение процентной ставки по кредитам, инфраструктурные инвестиции, фискальное стимулирование в виде снижение налогов и другие.
Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors. European stocks were almost 3 percent in the red and Wall Street was braced for similar losses after Asian shares slumped to 3-year lows as a three month-long rout in Chinese equities threatened to get out of hand. "It is a China driven macro panic," said Didier Duret, chief investment officer at ABN Amro.
The Zacks Analyst Blog Highlights: United Technologies, Procter & Gamble, Coty, General Electric and Cisco Systems - Press Releases
The Zacks Analyst Blog Highlights: United Technologies, Procter & Gamble, Coty, General Electric and Cisco Systems
The Dow enjoyed another week of gains, suffering its only reverse on Monday.
General Electric (GE) announced that with the completion of the recent wave of asset offloading, GE Capital Real Estate business has now completed deals aggregating $9.5 billion.
Japan's Shinsei Bank Ltd is interested in GE Capital's Asia-Pacific operations, its president said, as the mid-sized lender tries to grow its business into niche markets to stave off competition from bigger rivals. In April, General Electric Co said it would shed most of its finance unit as part of…
Mitsubishi Corp and the CIMB Group, together with the Development Bank of Japan (DBJ) have launched a Southeast Asia-focused middle market private equity fund, AIGF (ASEAN Industrial Growth Fund), headquartered in Singapore. AIGF is joined by Shinsei Bank, a leading diversified Japanese financial institution, as strategic investor, and leading Japanese…
As banks weigh in their bids for Citigroup's (NYSE:C) Japanese retail banking operations, the U.S. bank announced that it was looking to sell its Japanese Diners Club card business along with the unit.Citigroup's Japanese retail business has some 3.6T yen ($33.6B) in deposits, of which almost 2T yen is dollar-denominated, attracting Japanese banks seeking foreign currencies.Ten banks, including Mitsubishi UFJ Financial (NYSE:MTU), Mizuho Financial (NYSE:MFG), Sumitomo Mitsui Financial (NYSE:SMFG), Resona (OTCPK:RSNHF), Sumitomo Mitsui Trust (OTCPK:SUTNY) and Shinsei Bank (OTCPK:SKLKY) have all submitted preliminary bids. Post your comment!
General Electric will pay $1.7 billion to Japan's Shinsei Bank to end its obligation to cover interest refund claims. GE was required to make the payments as part of the sale of its Japanese consumer finance operations. The sale agreement allowed for a buyout option this year. General Electric Capital…
(Reuters) - General Electric Co (GE) said it would pay $1.7 billion to Japan's Shinsei Bank Ltd to end exposure to interest repayment claims related to the sale of its Japanese consumer loan business to the bank in 2008. GE said on Wednesday the deal would reduce fourth-quarter and 2013 earnings by $1 billion and earnings per share by 9 cents. Shinsei said the agreement was not expected to have any impact on its earnings. GE sold its Japanese consumer finance business to Shinsei for $5.4 billion after the government passed a law cutting maximum interest rates and ordered lenders to repay charges on outstanding loans that were deemed to have breached the limit.
Wall Street Breakfast Editors submit:Top Stories BofA ups estimate of possible legal liabilities to $6.1B. Bank of America (BAC) has added $1B to its estimate of its potential litigation liabilities, bringing the total to $6.1B vs a year-ago calculation of $3.1B. BofA also said that the U.S. Attorney's Office is investigating the bank's compliance with the Federal Housing Administration's direct endorsement program. Meanwhile, authorities in North America, Europe and Asia are probing BofA's conduct and practices in forex markets. GE to pay $1.7B to Japan's Shinsei bank to end refund liability. GE (GE) has agreed to pay $1.7B to Japan's Shinsei Bank (OTC:SKLKF) to end the conglomerate's exposure to compensation for interest refund claims. The deal will hit GE's Q4 and 2013 earnings by $1B, and net EPS by $0.09. GE's liability goes back to a loss-sharing agreement from 2008, when GE Capital sold its Japanese consumer operations to Shinsei for $5.4B. Complete Story »
GE (GE) has agreed to pay $1.7B to Japan's Shinsei Bank (OTC:SKLKF) to end the conglomerate's exposure to compensation for interest refund claims. The deal will hit GE's Q4 and 2013 earnings by $1B, and net EPS by $0.09. GE's liability goes back to a loss-sharing agreement from 2008, when GE Capital sold its Japanese consumer operations to Shinsei for $5.4B. (PR) Post your comment!
Want to send money abroad but confused about things like bank charges, what to do or where to go? If so, Shinsei Bank has the perfect solution for you. Their well-established GoRemit Shinsei overseas remittance service allows you to send money overseas in a quick, simple and inexpensive way—and is…