Tag: Japan

Euro Area, Spain Make List of IMF Economies with Economic Imbalances

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) have named Euro Area and Spain as countries newly identified given relatively large fiscal and external imbalances that are likely to persist or emerge over the medium term in the wake of the crisis. This is contained in an update […]

Japan regulator probing Deutsche Bank entertainment of pension clients – sources

Japan’s securities market watchdog is investigating whether Deutsche Bank AG (GER:DBK) employees provided excessive entertainment to Japanese pension fund executives in breach of regulations, sources with knowledge of the matter said. The Securities and Exchange Surveillance Commission (SESC) found evidence of potential infractions during a regular audit of Deutsche Securities […]

Suntory to buy GSK’s Lucozade, Ribena drinks for $2.1 billion

Japan’s Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc’s Lucozade and Ribena brands for 1.35 billion pounds ($2.1 billion) to help it expand into new markets. The deal had been expected since people close to the process said last week Suntory – best known for beer and Yamazaki […]