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MITSUI SUMITOMO GROUP
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
OpenAI gives Japan banks access to latest model, Japan's finance minister saysThe release of new models of AI able to code at a high level has given hackers an unprecedented ability to identify cybersecurity risks a...
Global Markets: Japan's Nikkei retreats from record high as AI rally sparks cautionJapan's Nikkei index pulled back from its record high on Wednesday. Investor caution emerged regarding the rapid rise in AI stocks. Tokyo E...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
Japan signs first $2.2 billion loan under $550 billion US investment pledgeJapan has initiated its $550 billion U.S. investment pledge with a $2.2 billion loan for initial projects, including an oil export facility...
Global Markets | Nikkei closes off record high, JGBs wobble on BOJ's hawkish holdJapan's Nikkei share average slipped from a record high, government bonds swung and the yen rallied on Tuesday, after the central bank stru...
Sumitomo Mitsui infuses Rs 1,075 cr into NBFC armJapanese conglomerate Sumitomo Mitsui Financial Group has injected ₹1,075 crore into its Indian arm, SMFG India Credit. This follows a sign...
Global Markets | Japan's Nikkei reverses below 60,000 level as profit-taking steps inJapan's Nikkei share average reversed course on Thursday after briefly topping the 60,000 level, as investors locked in profits from an ear...
Japan's Nikkei crosses key 60,000 level for first time on tech rallyJapan's Nikkei share average surpassed 60,000 for the first time, initially boosted by technology stocks amid improved risk sentiment follo...
Japan's financial watchdog to meet top banks to discuss Mythos AI modelJapan's financial regulator will meet with major banks on Friday. The discussion will focus on Anthropic's advanced AI model, Mythos. This ...
Global lenders to back Brookfield’s 1.04 GW project with $600 mnA group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, ...
Board approves sale of Chola MS stake for Rs 883 croreBoard of Murugappa Group company Tube Investments has approved sale of 14 per cent stake in Cholamandalam MS General Insurance for Rs 882.6...
Sumitomo Mitsui Trust in talks to buy Citi's Japanese credit card unit: ReportsThe Japanese bank expressed its interest in buying Citigroup's credit card business for more than 50 billion yen last fall, the Nikkei repo...
Anil Ambani and Mukesh Ambani led Reliance group companies tie up with two Mitsui firms from JapanBoth the deals, announced within a gap of few hours, materialised within months of PM Modi pitching for stronger biz ties between the two o...
- Sumitomo closes in on Nikko Cordial
Citigroup Inc plans to sell its Japanese brokerage units to Sumitomo Mitsui Financial Group Inc for more than $5.2 billion.