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12.09.2024 22:05
MUFG to pause talks on investing in Indian nonbank - Nikkei Asia TOKYO -- Japan's Mitsubishi UFJ Financial Group will halt talks on acquiring shares in a nonbank financial company under India's HDFC Bank after an apparent failure to agree on the terms of a deal, Nikkei has learned.Japan's largest financial group had proposed investing 200 billion to 300 billion yen ($1.4 billion to $2.1 billion) to acquire around a 20% stake in HDB Financial Services.

13.09.2024 0:12
JD Vance says GOP should threaten a shutdown WASHINGTON Sen. JD Vance suggested that it could be in Republicans' best interest to threaten a government shutdown ahead of an impending funding deadline, asking, Why have a government if its not a functioning government? Vance, the Republican vice presidential nominee, made the remarks in an interview Wednesday on the Shawn Ryan Show.

13.09.2024 1:05
Pakistan needs to learn lessons from failed Iran gas pipeline project - Nikkei Asia Vandana Hari is founder of Vanda Insights, a Singapore-based global energy market intelligence provider.Pakistan has no good options in navigating the legal quagmire and Iran's ire after failing to complete a natural gas pipeline connecting the two nations a whole decade after construction was originally meant to conclude. Missing out on a much-needed supply of a relatively clean fossil fuel -- the project stands next to nil chances of materializing -- is a double blow for Islamabad.

13.09.2024 1:16
Japan companies reap nearly $56bn in 3 years from divestments - Nikkei Asia TOKYO -- Japanese listed companies earned almost 8 trillion yen ($56 billion) from selling shares in subsidiaries and affiliates over the past three years, the highest tally since the 2008 global financial crisis, as they sought to put shareholder money to better use.The figure for last fiscal year alone came to about 2.5 trillion yen, the third largest after fiscal 2018 and fiscal 2022, which saw big sales by Toshiba in the former year and Hitachi and Marubeni in the latter, cash flow statements show. The figures exclude cross-shareholdings and short-term securities.