CINXE.COM

Capital Markets

<!DOCTYPE html> <html lang="en"> <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("http://asia.nikkei.com/Markets/Capital-Markets/?page=1","20160611001151","https://web.archive.org/","web","/_static/", "1465603911"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" /> <!-- End Wayback Rewrite JS Include --> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <meta http-equiv="Content-Script-Type" content="text/javascript"/> <meta http-equiv="Content-Style-Type" content="text/css"/> <meta http-equiv="Pragma" content="no-cache"/> <meta http-equiv="Cache-Control" content="no-cache, must-revalidate"/> <meta http-equiv="Expires" content="-1"/> <meta http-equiv="X-UA-Compatible" content="IE=edge"/> <meta name="keywords" content=""/> <meta name="description" content=""/> <meta property="og:title" content="Capital Markets"/> <meta property="og:description" content=""/> <meta property="og:image" content="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/settings/common-setting/9833-180-eng-GB/Common-setting.png"> <title>Capital Markets</title> <meta property="og:url" content="https://web.archive.org/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=1"/> <meta property="og:site_name" content="Nikkei Asian Review"/> <link rel="canonical" href="https://web.archive.org/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=1"/> <link rel="apple-touch-icon-precomposed" href="/web/20160611001151im_/http://asia.nikkei.com/apple-touch-icon-precomposed.png"> <link rel="stylesheet" href="/web/20160611001151cs_/http://asia.nikkei.com/css/jquery-ui-1.10.3.custom.min.css"/> <link rel="stylesheet" href="/web/20160611001151cs_/http://asia.nikkei.com/css/common_v018.css"/> <link rel="stylesheet" href="/web/20160611001151cs_/http://asia.nikkei.com/css/style_v033.css"/> <link rel="stylesheet" href="/web/20160611001151cs_/http://asia.nikkei.com/css/custom/modal_v004.css"/> <link rel="stylesheet" href="/web/20160611001151cs_/http://asia.nikkei.com/extension/ezfind/design/standard/stylesheets/ezajax_autocomplete.css"/> <script src="/web/20160611001151js_/http://asia.nikkei.com/JavaScript/jquery-1.10.1.min.js"></script> <script src="/web/20160611001151js_/http://asia.nikkei.com/JavaScript/jquery-ui-1.10.3.custom.min.js"></script> <script src="/web/20160611001151js_/http://asia.nikkei.com/JavaScript/nar_v025.js"></script> <script src="/web/20160611001151js_/http://asia.nikkei.com/JavaScript/slider_v001.js"></script> <script type="text/javascript"> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; (function() { var gads = document.createElement("script"); gads.async = true; gads.type = "text/javascript"; var useSSL = "https:" == document.location.protocol; gads.src = (useSSL ? "https:" : "http:") + "//web.archive.org/web/20160611001151/http://www.googletagservices.com/tag/js/gpt.js"; node =document.getElementsByTagName("script")[0]; node.parentNode.insertBefore(gads, node); })(); </script> <script type="text/javascript"> googletag.cmd.push(function() { googletag.defineSlot('/7049/NikkeiEnglish_728*90', [728, 90], 'div-gpt-ad-1375148224113-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_1', [300, 250], 'div-gpt-ad-1375148072299-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_2', [300, 250], 'div-gpt-ad-1375260461786-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_300*250_3', [300, 250], 'div-gpt-ad-1404116812193-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InRead_Article', [1, 1],'div-gpt-ad-1396427317542-0').addService(googletag.pubads()); googletag.defineSlot('/7049/NikkeiEnglish_InBoard_Article', [1, 1], 'div-gpt-ad-1410933087819-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.pubads().collapseEmptyDivs(); googletag.enableServices(); }); </script> <script type="text/javascript"> var YUI3_config = {base: "/extension/ezjscore/design/standard/lib/yui/3.9.0/build/", modules: {}, combine: false}; var YUI2_config = {base: "/extension/ezjscore/design/standard/lib/yui/2.8.2/build/", modules: {}, combine: false}; </script> <script type="text/javascript" src="/web/20160611001151js_/http://asia.nikkei.com/js/7bebe13.js"></script> <script type="text/javascript"> <!-- user_category =""; login_flag = false; var authority = "A1"; var memberId = ""; var aid = ""; var contractId = "" ; var contractName = "" ; --> </script> <script type="text/javascript"><!-- $(function() { if(("user_section" in window) && ("user_status" in window)){ if (user_section == 1 && user_status == 2){ if(!NAR_js.has_cookie('odm')) { NAR_js.modal_gd('02_01'); NAR_js.set_oneday_cookie('odm'); } } } }); --></script> <script>(function() { var _fbq = window._fbq || (window._fbq = []); if (!_fbq.loaded) { var fbds = document.createElement('script'); fbds.async = true; fbds.src = '//web.archive.org/web/20160611001151/http://connect.facebook.net/en_US/fbds.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(fbds, s); _fbq.loaded = true; } _fbq.push(['addPixelId', '1076130949081971']); })(); window._fbq = window._fbq || []; window._fbq.push(['track', 'PixelInitialized', {}]); </script> <noscript><img height="1" width="1" alt="" style="display:none" src="https://web.archive.org/web/20160611001151im_/https://www.facebook.com/tr?id=1076130949081971&amp;ev=PixelInitialized"/></noscript> <script src="//web.archive.org/web/20160611001151js_/http://assets.adobedtm.com/43692acb8f62beca52063bd53825dcc138f4617b/satelliteLib-f0b759d61953ea549c6cc70abb26c8ddca3274f5.js"></script> </head> <body> <div id="fb-root"></div> <script type="text/javascript"> window.fbAsyncInit = function() { // FB initialize FB.init({ appId : '250799988299057', xfbml : true, version : 'v2.5' }); // Subscribe to the Like event FB.Event.subscribe('edge.create',function(response){ var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Facebook', 'socialAction': 'follow', 'socialTarget': narURL }); ga('send', 'event', 'Facebook', 'follow', 'Facebook-follow',0, {nonInteraction:true}); }); // Subscribe to the UnLike event FB.Event.subscribe('edge.remove',function(response){ var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Facebook', 'socialAction': 'unfollow', 'socialTarget': narURL }); ga('send', 'event', 'Facebook', 'unfollow', 'Facebook-unfollow',0, {nonInteraction:true}); }); }; (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "//web.archive.org/web/20160611001151/http://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); window.twttr = (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0], t = window.twttr || {}; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "https://web.archive.org/web/20160611001151/https://platform.twitter.com/widgets.js"; fjs.parentNode.insertBefore(js, fjs); t._e = []; t.ready = function(f) { t._e.push(f); }; return t; }(document, "script", "twitter-wjs")); </script> <!-- /#header --> <div id="header"> <div class="header-banner"> <!-- NikkeiEnglish_728*90--> <div id="div-gpt-ad-1375148224113-0" style="width:728px; height:90px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375148224113-0'); }); </script> </div> <div id="login_before" class=""><a href="https://web.archive.org/web/20160611001151/https://regist.asia.nikkei.com/member/register/?n_cid=NARAN041"><img src="/web/20160611001151im_/http://asia.nikkei.com/static/pr/20160107-pc_header230x90.jpg" alt=""/></a></div> <div id="login_after" class="display_none"><a href="/web/20160611001151/http://asia.nikkei.com/magazine/?n_cid=NARAN068"><img src="/web/20160611001151im_/http://asia.nikkei.com/static/pr/20160107-pc_header230x90_rtm.jpg" alt=""/></a></div> <script language="JavaScript" type="text/javascript"> NAR_js.pr_header(); </script> </div> <div class="header-content"> <div class="logo"><a href="/web/20160611001151/http://asia.nikkei.com/"><img src="/web/20160611001151im_/http://asia.nikkei.com/images/img_logo.png" alt="Nikkei Asian Review"/></a></div> <div class="header-tool"> <ul class="base-list"> <li class="sp-l-menu ct_hidden"><a href="javascript:void(0)" class="js_balloon">Log in</a></li> <li class="sp-l-menu"><a href="/web/20160611001151/http://asia.nikkei.com/member/register/?n_cid=NARAN040">Subscribe</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/about">About Nikkei Asian Review</a></li> </ul> <div> <div class="change-region">Sort by Region <table> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=1">Mainland China</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=2">North Korea</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=3">South Korea</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=4">Japan</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=5">Taiwan</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=6">Hong Kong, Macau</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=7">Vietnam</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=8">Laos, Cambodia, Myanmar</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=9">Thailand</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=10">Malaysia</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=11">Singapore</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=12">Philippines</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=13">Indonesia</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=14">India</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=15">Pakistan, Bangladesh,Sri Lanka, Nepal, Bhutan</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=16">Mongolia, Central Asia, Afghanistan</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=17">Russia, Caucasus</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=18">Australia, New Zealand, Pacific Islands</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=19">Turkey</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=20">Iran</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=21">Middle East, North Africa</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=22">Sub-Saharan Africa</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=23">Europe</a></td> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=24">North America</a></td> </tr> <tr> <td><a href="/web/20160611001151/http://asia.nikkei.com/search/findByRegion?facet_region=25">Latin America</a></td> </tr> </table> </div> <div> <form name="searchHeadArticles" action="/web/20160611001151/http://asia.nikkei.com/search/find"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search articles"/> <a href="#">search</a> <div id="header-autocomplete-rs"></div> </div> </form> <script language="JavaScript" type="text/javascript"> jQuery('#header-autocomplete-rs').css('width', '174px'); var autocomplete = new eZAJAXAutoComplete({ url: "/ezjscore/call/custom::autocomplete", inputid: 'SearchText', containerid: 'header-autocomplete-rs', minquerylength: 2, resultlimit: 5 }); </script> </div> <div> <form name="searchHeadCompanies" action="/web/20160611001151/http://asia.nikkei.com/Company/SearchResults"> <div class="search-box" id="ezautocomplete"> <input id="SearchText" class="pHolder" name="search_keyword" autocomplete="off" type="text" title="Search companies"/> <a href="#">search</a> </div> </form> </div> </div> </div> <div id="modal-login-balloon"> <div class="js_form-login-balloon_loading-layer" style="position: absolute; top: 0; left: 0; right: 0; bottom: 0; background: rgba(255, 255, 255, 0.3); z-index: 120; display: none;"></div> <img src="/web/20160611001151im_/http://asia.nikkei.com/images/bg_load_2.gif" alt="loading..." class="js_form-login-balloon_loading-img" style="position: absolute; top: 50%; left: 50%; margin-left: -24px; margin-top: -24px; z-index: 150; display: none;"/> <form id="js_form-login-balloon" class="bg" action="https://web.archive.org/web/20160611001151/https://regist.asia.nikkei.com/member/auth/login/process"> <div class="login-form"> <h3 class="title">Log in</h3> <div class="input-form"> <dl> <dt>E-mail address/ID</dt> <dd class="js_valid js_notnull js_type_loginId"> <input type="text" class="js_vc-mail" name="formLogin[loginId]" id="js_form-login-balloon_loginId" msg_require="Please enter your e-mail address/ID" msg_type="Please enter valid e-mail address/ID" maxlength="100" style="ime-mode: disabled;"/> <p class="error"></p> </dd> <dt>Password<span class="arrow"><a href="/web/20160611001151/http://asia.nikkei.com/member/password/" tabindex="-1">Forgot password?</a></span></dt> <dd class="js_valid js_notnull"> <input type="password" name="formLogin[password]" id="js_form-login-balloon_password" msg_require="Please enter your password" maxlength="30"/> <p class="error"></p> </dd> </dl> <div><label><input type="checkbox" checked="checked" name="formLogin[rememberMe]" id="js_form-login-balloon_rememberMe"/>Remember me</label></div> <div class="login-btn"><button type="submit" id="login-balloon-submit" class="general-submit-btn js_btn-submit"><span>Log in</span></button></div> <input type="hidden" name="formLogin[mode]" id="js_form-login-balloon_mode" value="NORMAL"/> </div> </div> </form> <a class="close-btn js_close">close</a> <script type="text/javascript"><!-- $(document).ready( function() { $("#js_form-login-balloon").submit( function() { NAR_js.login($("#js_form-login-balloon")); return false; }); }); --></script> </div><!-- /#login-balloon --> </div> <div class="navigation active"> <div class="inner"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/">Home</a></li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/">Politics &amp; Economy</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Policy-Politics">Policy &amp; Politics</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Economy/">Economy</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/International-Relations/">International Relations</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Business/">Business</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/">Companies</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/AC">&nbsp;&nbsp;Asia300</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/Trends/">Trends</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/Deals">Deals</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/Executive-Lounge">Executive Lounge</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Business/Consumers/">Consumers</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Markets/">Markets</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/">Capital Markets</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Equities">Equities</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Currencies/">Currencies</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Commodities/">Commodities</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Property/">Property</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Tokyo-Market/">Tokyo Market</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Nikkei-PMI/">Nikkei PMI</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Tech-Science/">Tech &amp; Science</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Tech-Science/Tech/">Tech</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Tech-Science/Science/">Science</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Viewpoints/">Viewpoints</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Viewpoints/Viewpoints/">Viewpoints</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Viewpoints/Editorial/">Editorial</a></li> </ul> </div> </li> <li class="list-open"> <a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/">Life &amp; Arts</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/Life/">Life</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/Arts/">Arts</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/Japan-Trends/">Japan Trends</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/Education/">Education</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Life-Arts/Milestone/">Milestone</a></li> </ul> </div> </li> <li class="list-open"> <a>Features</a> <div class="list-menu"> <ul> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/The-Future-of-Asia-2016/">The Future of Asia 2016</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Obama-s-historic-visit-to-Hiroshima/">Obama's visit to Hiroshima</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/G-7-summit-in-Ise-Shima/">Ise-Shima summit</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Taiwan-s-transition-Challenge-ahead-for-President-Tsai/">Taiwan's transition</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Duterte-s-Philippines/">Duterte's Philippines</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Mitsubishi-Motors-emissions-scandal/">Mitsubishi Motors scandal</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Kyushu-earthquakes/">Kyushu earthquakes</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Panama-Papers/">Panama Papers</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/North-Korea-launches-long-range-rocket/">Pyongyang provocation</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/China-up-close/">China up close</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/CEO-in-the-news/">CEO in the news</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Company-in-focus/">Company in focus</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Features/Tea-Leaves/">Tea Leaves</a></li> </ul> </div> </li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Japan-Update/">Japan Update</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/magazine">Print Edition</a></li> </ul> </div> </div> </div><!-- /#header --> <div id="content"> <div class="primary"> <div class="topic-path"> <ul> <li class="last"><a href="/web/20160611001151/http://asia.nikkei.com/Markets">Markets</a></li> </ul> </div> <h1 class="glance">Capital Markets</h1> <div class="article list-area"> <div class="article-box"> <div class="column-layout feature list no-image"> <div class="feature-article"> <h2 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/BTMU-s-primary-dealer-defection-ruffles-JGB-club">BTMU&#039;s primary dealer defection ruffles JGB club</a></h2> <p>TOKYO -- The impending loss of Japan&#039;s biggest bank as a primary dealer of Japanese government bonds raises questions about how the market can thrive amid unconventional monetary policy.Bank of Tokyo-Mitsubishi UFJ plans to communicate its intention ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/11 03:45:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </div> </div> </div> <div class="article-list "> <div class="article-box text-list"> <ul> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Japan-10-year-JGB-yield-rewrites-record-low">Japan 10-year JGB yield rewrites record low</a></h3> <p>TOKYO -- The yield on the benchmark 10-year Japanese government bond fell to a record low of minus 0.155% in Friday trading in Tokyo, surpassing the previous low of minus 0.135% hit on April 21.The key long-term interest rate is down 0.030 percentage...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/10 14:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Sumitomo-Forestry-eyes-first-straight-bond-float-since-2009">Sumitomo Forestry eyes first straight-bond float since 2009</a></h3> <p>TOKYO -- Sumitomo Forestry is expected to issue roughly 20 billion yen ($187 million) in 10-year bonds, its first offering of straight bonds in seven years, taking advantage of low interest rates to fund broader investment.The terms of the float, to ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/10 04:45:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/No-sign-of-revolt-by-JGB-dealers-but-worries-remain">No sign of revolt by JGB dealers, but worries remain</a></h3> <p>TOKYO -- Japan&#039;s bond market is pondering the ramifications of plans by Bank of Tokyo-Mitsubishi UFJ to quit the circle of primary dealers in government debt, a move that may set a worrisome precedent.Yields on Japanese government debt with maturitie...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/09 05:45:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Negative-rates-cause-rift-between-government-banks">Negative rates cause rift between government, banks</a></h3> <p>TOKYO -- Bank of Tokyo-Mitsubishi UFJ&#039;s decision to quit as a primary dealer of Japanese government bonds highlights how negative interest rates have driven a wedge between the government and banks in the sovereign bond market.Private-sector banks us...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/08 03:29:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <div class="sub-title">Exclusive</div> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/BTMU-plans-to-quit-as-a-primary-dealer-of-Japanese-bonds">BTMU plans to quit as a primary dealer of Japanese bonds</a></h3> <p>TOKYO -- Bank of Tokyo-Mitsubishi UFJ is preparing to relinquish its role as a primary dealer of Japanese government bonds as negative interest rates turn the instruments into larger risks, a fallout from massive monetary easing measures by the Bank ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/08 02:25:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/1MDB-debt-could-trigger-Malaysia-credit-downgrade-analysts">1MDB debt could trigger Malaysia credit downgrade: analysts</a></h3> <p>KUALA LUMPUR -- U.K.-based Oxford Economics said in a report on Monday that Malaysia is at risk of a credit rating downgrade, weighed down by debts at a state fund. Foreign investors&#039; interest in its stock market is weakening despite liquidity inflow...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/06 21:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGB-outlook-cut-on-tax-hike-delay">JGB outlook cut on tax hike delay</a></h3> <p>TOKYO -- A Japanese credit rating agency on Monday lowered the rating outlook for the country&#039;s government bonds from stable to negative in reaction to the postponement of a planned consumption tax increase.&quot;Uncertainty about the country&#039;s fiscal con...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/06 11:43:00 +09:00","2"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGBs-brush-off-tax-hike-delay-but-risk-of-rising-rates-looms">JGBs brush off tax hike delay, but risk of rising rates looms</a></h3> <p>TOKYO -- The Japanese government bond market remained calm Wednesday, but this could change as the government&#039;s decision to again push back a planned consumption tax hike has left Japan&#039;s road map to fiscal health less clear.Yields on 10-year JGBs ro...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/06/02 04:30:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Toyota-to-float-bonds-with-record-low-coupons">Toyota to float bonds with record-low coupons</a></h3> <p>NAGOYA -- Toyota Motor will issue 60 billion yen ($546 million) in 10- and 20-year bonds with the lowest interest rates ever seen in Japan&#039;s private sector, becoming the latest company to take advantage of ultralow borrowing costs to feed its appetit...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/28 01:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Long-term-JGB-yields-level-off-as-easing-expectations-dim">Long-term JGB yields level off as easing expectations dim</a></h3> <p>TOKYO -- Long-term Japanese government debt yields stopped falling this month after declining steeply from February to April, as market players became convinced that the Bank of Japan will not pile on with further monetary easing measures until the d...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/26 06:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Orix-to-raise-94bn-yen-through-hybrid-financing">Orix to raise 94bn yen through hybrid financing</a></h3> <p>TOKYO -- Japanese leasing giant Orix will raise 94 billion yen ($855 million) at the end of May through 60-year hybrid loans in order to strengthen its financial base and invest in growth fields.Orix will ink deals with 28 financial companies, includ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/25 02:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGBs-flat-amid-lack-of-fresh-Ttading-cues">JGBs flat amid lack of fresh Ttading cues</a></h3> <p>TOKYO (DowJones) --Japanese government bonds were almost flat Monday, amid a lack of fresh trading cues.The benchmark 10-year JGB yield was up 0.005 percentage point at minus 0.105% around 0600 GMT.Lead JGB futures finished down 0.06 at 151.75. </p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/23 16:35:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <div class="sub-title">Indian capital markets</div> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Watchdog-tightens-offshore-derivative-rules-to-stem-illegal-money-inflow">Watchdog tightens offshore derivative rules to stem illegal money inflow</a></h3> <p>MUMBAI (NewsRise) -- India has tightened rules on offshore derivatives, as it seeks to plug potential sources of illegal money flowing into the nation&#039;s financial markets.The Securities and Exchange Board of India, in line with recommendations from a...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/20 22:14:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGBs-Up-After-Selling-On-Fed-Rate-Expectations">JGBs Up After Selling On Fed Rate Expectations</a></h3> <p>TOKYO (DowJones)--Japanese government bonds bounced back Friday, with dip-buying kicking in after heavy selling Thursday on expectations for an early rate increase by the U.S.Federal Reserve. The benchmark 10-year JGB yield was down 0.025 percentage ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/20 15:37:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGBs-lower-after-positive-Japan-GDP">JGBs lower after positive Japan GDP</a></h3> <p>TOKYO (Dow Jones) -- Japanese government bonds were lower Wednesday, as unexpectedly strong Japanese economic growth in the January-March quarter hurt hopes for more monetary easing from the Bank of Japan.The benchmark 10-year JGB yield was up 0.010 ...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/18 15:47:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/ANA-to-raise-10bn-yen-in-bond-sale">ANA to raise 10bn yen in bond sale</a></h3> <p>TOKYO -- Japan&#039;s ANA Holdings, the parent of All Nippon Airways, is expected to raise about 10 billion yen ($91.5 million) in a sale of 15- or 20-year debt as early as this month, taking advantage of low domestic interest rates for long-term borrowin...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/18 02:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/JGBs-flat-after-five-year-bond-auction-results">JGBs flat after five-year bond auction results</a></h3> <p>TOKYO (Dow Jones) --Japanese government bonds were nearly unchanged Tuesday after the confirmation of uneventful results from a five-year JGB auction earlier in the session.The benchmark 10-year JGB yield was unchanged at minus 0.115% around 0600 GMT...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/17 16:08:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Credit-downgrades-strike-Japan-Inc">Credit downgrades strike Japan Inc.</a></h3> <p>TOKYO -- Credit rating agencies have taken a dim view of many Japanese companies of late, with a global economic slowdown and a flurry of scandals perceived as eroding corporate finances and earning power.Japan&#039;s Rating and Investment Information low...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/17 02:00:00 +09:00","0"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> <li> <h3 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/Chinese-banks-bad-debt-soars-41">Chinese banks&#039; bad debt soars 41%</a></h3> <p>SHANGHAI -- Nonperforming loans at China&#039;s commercial banks jumped 41.7% from a year earlier to 1.39 trillion yuan ($213 billion) as of March-end, the China Banking Regulatory Commission said Thursday.The ratio of bad debt to overall lending also cli...</p> <script type="text/javascript"> <!-- date = NAR_js.display_date_string("2016/05/13 05:20:00 +09:00","2"); if (date.length > 0) { document.write('<p class="time-stmp01">' + date + '</p>'); } --> </script> </li> </ul> </div> <div class="pagination"> <div class="first-page"></div> <ul class="page-number"> <li style="width:83px;"></li> <li class="current">1</li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=2">2</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=3">3</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=4">4</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=5">5</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=6">6</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=7">7</a></li> <li style="width:83px;"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=2" class="next">Next&nbsp;&gt;</a></li> </ul> <div class="last-page"><a href="/web/20160611001151/http://asia.nikkei.com/Markets/Capital-Markets/?page=11">Last&nbsp;&gt;&gt;</a></div> </div> </div> </div> </div> <div class="secondary"> <script type="text/javascript" src="https://web.archive.org/web/20160611001151js_/http://www.nikkei.co.jp/gifdata/indices.js"></script> <script src="/web/20160611001151js_/http://asia.nikkei.com/JavaScript/custom/market_v001.js"></script> <div class="link-box GCCMD_removeall"> <h5 class="title">Market data</h5> <table class="market-data"> <tr class="odd"> <th>Nikkei 225</th> <td> <script type="text/javascript"> document.write(NK225_CUR); </script> </td> <script type="text/javascript"> diffValue(NK225_DIFF); diffPercent(NK225_CUR,NK225_DIFF); </script> </tr> <tr> <th>DJIA</th> <td> <script type="text/javascript"> document.write(DJIA_D_CUR); </script> </td> <script type="text/javascript"> diffValue(DJIA_D_DIFF); diffPercent(DJIA_D_CUR,DJIA_D_DIFF); </script> </tr> <tr class="odd"> <th>Hang Seng</th> <td> <script type="text/javascript"> document.write(HANS_CUR); </script> </td> <script type="text/javascript"> diffValue(HANS_DIFF); diffPercent(HANS_CUR,HANS_DIFF); </script> </tr> <tr> <th>USD/JPY</th> <td> <script type="text/javascript"> document.write(usjpA_CUR); </script> </td> <script type="text/javascript"> diffValue(usjpA_DIFF); diffPercent(usjpA_CUR,usjpA_DIFF); </script> </tr> <tr class="odd"> <th>USD/CNY</th> <td> <script type="text/javascript"> document.write(cnusA_CUR); </script> </td> <script type="text/javascript"> diffValue(cnusA_DIFF); diffPercent(cnusA_CUR,cnusA_DIFF); </script> </tr> </table> <div>Data delayed by at least 15 minutes.</div> <div class="more"><a href="https://web.archive.org/web/20160611001151/http://indexes.nikkei.co.jp/en/nkave/index/component" target="_blank">Nikkei 225 Components</a></div> <div class="more"><a href="https://web.archive.org/web/20160611001151/http://indexes.nikkei.co.jp/en/nkave" target="_blank">About Nikkei Indexes</a></div> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_1 --> <div id="div-gpt-ad-1375148072299-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375148072299-0'); }); </script> </div> </div> <!-- Follow Nikkei Asian Review --> <div class="link-box"> <h5 class="title">Follow Nikkei Asian Review</h5> <table class="follow-nar"> <tr> <th><div class="fb-like" data-href="https://www.facebook.com/nikkeiasianreview/" data-layout="button_count" data-action="like" data-show-faces="false" data-share="false"></div></th> <td class="Facebook">The best content posted</td> </tr> <tr> <th><a href="https://web.archive.org/web/20160611001151/https://twitter.com/NAR" class="twitter-follow-button" data-show-count="false">Follow @NAR</a> </th> <td class="Twitter">The latest headlines tweeted</td> </tr> </table> </div> <div class="link-box "> <h5 class="title"><a href="/web/20160611001151/http://asia.nikkei.com/Latestheadlines">Latest headlines</a></h5> <ul class="headline-list"> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Markets/Equities/Within-sight-of-a-record-Wall-St-runs-into-a-wall">Within sight of a record, Wall St runs into a wall</a> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Markets/Tokyo-Market/Sapporo-building-record-real-estate-profit-in-2016"><span class="sub-title-s">Earnings preview: </span>Sapporo building record real estate profit in 2016</a> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Markets/Property/Foreigners-turn-away-from-REITs-amid-BOJ-inaction">Foreigners turn away from REITs amid BOJ inaction</a> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Economy/Long-rates-in-global-decline-as-growth-hopes-fade">Long rates in global decline as growth hopes fade</a> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Policy-Politics/After-contentious-election-Peru-s-next-president-must-mend-ties">After contentious election, Peru&#039;s next president must mend ties</a> </li> </ul> <div class="more"><a href="/web/20160611001151/http://asia.nikkei.com/Latestheadlines">more</a></div> </div> <div class="link-box "> <h5 class="title">Most read</h5> <ul class="ranking-list"> <li class="number1"> <a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/No-Japanese-ability-no-problem-at-Japanese-trading-house">No Japanese ability, no problem at Japanese trading house</a> </li> <li class="number2"> <a href="/web/20160611001151/http://asia.nikkei.com/Japan-Update/Toyota-to-let-employees-work-mostly-from-home">Toyota to let employees work from home</a> </li> <li class="number3"> <a href="/web/20160611001151/http://asia.nikkei.com/Japan-Update/No-sign-of-revolt-by-JGB-dealers-but-worries-remain">No sign of revolt by JGB dealers, but worries remain</a> </li> <li class="number4"> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/International-Relations/War-of-words-heats-up-ahead-of-South-China-Sea-ruling">War of words heats up ahead of South China Sea ruling</a> </li> <li class="number5"> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Economy/BOJ-has-tough-decision-coming-up-twice">BOJ has tough decision coming up -- twice</a> </li> </ul> </div> <div class="link-box"> <h5 class="title">Japanese companies</h5> <ul class="headline-list about-nk-index"> <li><a href="https://web.archive.org/web/20160611001151/http://indexes.nikkei.co.jp/en/nkave/index/component" target="_blank">Nikkei 225 Components</a></li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_2 --> <div id="div-gpt-ad-1375260461786-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1375260461786-0'); }); </script> </div> </div> <!-- Videos --> <div class="link-box videos"> <h5 class="title"><a href="https://web.archive.org/web/20160611001151/http://video.asia.nikkei.com/">Videos</a></h5> <div class="column-layout"> <ul class="video-detail"> <li> <a href="https://web.archive.org/web/20160611001151/http://video.asia.nikkei.com/detail/videos/select/video/4929813760001/muslim-fashion-show-sets-trends-in-jakarta"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/muslim-fashion-show/4615068-1-eng-GB/Muslim-Fashion-Show.jpg" width="80" alt=""> <p>Jakarta's Muslim fashion show goes big</p> </a> </li> <li> <a href="https://web.archive.org/web/20160611001151/http://video.asia.nikkei.com/detail/videos/business-clip/video/4925675509001/ceremony-held-for-the-nikkei-asia-prizes-2016"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/nikkei-asia-prizes-2016/4601309-1-eng-GB/Nikkei-Asia-Prizes-2016.jpg" width="80" alt=""> <p>Nikkei Asia Prizes 2016 recognize the difference makers</p> </a> </li> <li> <a href="https://web.archive.org/web/20160611001151/http://video.asia.nikkei.com/detail/videos/sponsored-contents/video/4928485485001/baselworld-2016-watch-interviews-sponsored-:-breuguet"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/video/2016/sponsored-breguet/4633703-1-eng-GB/sponsored-Breguet.jpg" width="80" alt=""> <p>Sponsored contents</p> </a> </li> </ul> </div> <div class="more"><a href="https://web.archive.org/web/20160611001151/http://video.asia.nikkei.com/">more</a></div> </div> <div class="link-box "> <h5 class="title">Editor&#039;s picks</h5> <ul class="photo-list another-case"> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/No-Japanese-ability-no-problem-at-Japanese-trading-house"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201606/21060608t/20160608_sojitz_jean_ghulam/4620866-1-eng-GB/20160608_sojitz_jean_ghulam_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/No-Japanese-ability-no-problem-at-Japanese-trading-house">No Japanese ability, no problem at Japanese trading house</a> </p> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Economy/Shenzhen-could-face-corporate-flight-as-real-estate-soars"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201606/20160607t/view-of-high-rise-buildings-under-construction-in-futian-district-shenzhen-city-south-china-s-guangdong-province/4618971-1-eng-GB/View-of-high-rise-buildings-under-construction-in-Futian-District-Shenzhen-city-south-China-s-Guangdong-province_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Economy/Shenzhen-could-face-corporate-flight-as-real-estate-soars">Shenzhen could face corporate flight as real estate soars</a> </p> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/Muhammad-Yunus-sees-lots-of-possibilities-in-Uniqlo-venture"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201606/20160606/20160606_yunus/4609675-1-eng-GB/20160606_yunus_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160611001151/http://asia.nikkei.com/Business/Companies/Muhammad-Yunus-sees-lots-of-possibilities-in-Uniqlo-venture"><span class="sub-title-s">Interview: </span>Muhammad Yunus sees &#039;lots of possibilities&#039; in Uniqlo venture</a> </p> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Viewpoints/Viewpoints/Edward-Alden-Clinton-needs-to-embrace-anti-establishment-mood-to-win"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201606/20160609t/0609clinton1/4629633-1-eng-GB/0609Clinton1_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160611001151/http://asia.nikkei.com/Viewpoints/Viewpoints/Edward-Alden-Clinton-needs-to-embrace-anti-establishment-mood-to-win"><span class="sub-title-s">Commentary: </span>Edward Alden -- Clinton needs to embrace anti-establishment mood to win</a> </p> </li> <li> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Visa-fees-headed-skyward-but-not-in-Japan"> <img src="/web/20160611001151im_/http://asia.nikkei.com/var/site_cache/storage/images/node_43/node_51/2016/201606/0609n/0609n-visa/4632462-1-eng-GB/0609N-Visa_small_thumbnail.jpg" width="80" alt=""/> </a> <p> <a href="/web/20160611001151/http://asia.nikkei.com/Politics-Economy/Policy-Politics/Visa-fees-headed-skyward-but-not-in-Japan">Visa fees headed skyward -- but not in Japan</a> </p> </li> </ul> </div> <div class="rectangle"> <!-- NikkeiEnglish_300*250_3 --> <div id="div-gpt-ad-1404116812193-0" style="width:300px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1404116812193-0'); }); </script> </div> </div> <!-- NikkeiEnglish_InRead_Article --> <div id="div-gpt-ad-1396427317542-0" style="width:1px; height:1px;"> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if ((obCheck >= 1) && !(vdCheck >= 1)) { if((authority == "A1" || authority == "A2") && (cms_section == 8 || cms_section == 10)){ var current_cookie_name = String(now_date.getFullYear())+String(now_date.getMonth()+1)+"vc"; var current_user_view_count = getCookie(current_cookie_name); var current_cookie_nameList = current_cookie_name+"l"; var current_user_view_article_list = getCookieList(current_cookie_nameList); var in_array_flag = false; for(var i = 0; i < current_user_view_article_list.length; i++) { if(current_user_view_article_list[i] == article) { in_array_flag = true; } } if((authority == "A1") && (current_user_view_count >= article_limit) && !in_array_flag){ } else if((authority == "A2") && (current_user_view_count >= article_limit_free) && !in_array_flag) { } else { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1396427317542-0'); }); } } else if((authority == "A1" || authority == "A2") && (cms_section == 9)){ } else { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1396427317542-0'); }); } } </script> </div> <!-- NikkeiEnglish_InBoard_Article --> <div id="div-gpt-ad-1410933087819-0" style="width:1px; height:1px;"> <script type="text/javascript"> var obCheck = document.querySelectorAll('.articleBodyText p').length; var vdCheck = document.querySelectorAll('.BrightcoveExperience param').length; if ((obCheck >= 1) && !(vdCheck >= 1)) { googletag.cmd.push(function() { googletag.display('div-gpt-ad-1410933087819-0'); }); } </script> </div> </div> </div><!-- /#content --> <div id="footer"> <div class="footer-content"> <img src="/web/20160611001151im_/http://asia.nikkei.com/images/img_logo_footer.png" alt="Nikkei Asian Review"/> <div class="footer-link"> <ul class="snsicon-list"> <li class="Facebook"><a href="https://web.archive.org/web/20160611001151/https://www.facebook.com/nikkeiasianreview" target="_blank">Facebook</a></li> <li class="Twitter"><a href="https://web.archive.org/web/20160611001151/https://twitter.com/NAR" target="_blank">Twitter</a></li> <li class="LinkedIn"><a href="https://web.archive.org/web/20160611001151/http://www.linkedin.com/company/nikkei-asian-review" target="_blank">LinkedIn</a></li> <li class="Google"><a href="https://web.archive.org/web/20160611001151/https://plus.google.com/105293795757249725929/posts" target="_blank">Google+</a></li> <li class="YouTube"><a href="https://web.archive.org/web/20160611001151/https://www.youtube.com/user/NikkeiAsia" target="_blank">YouTube</a></li> <li class="RSS"><a href="/web/20160611001151/http://asia.nikkei.com/info/rss" target="_blank">RSS</a></li> </ul> <ul class="appstore-link"> <li><a href="https://web.archive.org/web/20160611001151/http://itunes.com/apps/thenikkeiasianreview" target="_blank"><img src="/web/20160611001151im_/http://asia.nikkei.com/images/banner_appstore_l.png" alt="App store"/></a></li> <li><a href="https://web.archive.org/web/20160611001151/https://play.google.com/store/apps/details?id=com.nikkei.asianreview" target="_blank"><img src="/web/20160611001151im_/http://asia.nikkei.com/images/banner_googleplay_l.png" alt="google play"/></a></li> </ul> </div> </div> <ul class="footer-nav base-list"> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/about">About Nikkei Asian Review</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/sitemap">Site map</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/help">Help</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/contact">Contact us</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/terms-of-use">Terms of use</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/copyright">Copyright</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/privacy">Privacy &amp; cookie policy</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/advertising">Advertising</a></li> <li><a href="/web/20160611001151/http://asia.nikkei.com/info/announcements">Announcements</a></li> </ul> <div class="footer-tool"> <div class="copyright">Copyright &copy; 2016 Nikkei Inc. All rights reserved.</div> <div class="language"> <ul class="base-list"> <li><a href="https://web.archive.org/web/20160611001151/http://www.nikkei.com/" target="_BLANK">Japanese</a></li> <li><a href="https://web.archive.org/web/20160611001151/http://cn.nikkei.com/" target="_BLANK">Chinese</a></li> </ul> </div> </div> </div><!-- /#footer --> <div id="ms-link"> <ul> <li><a href="javascript:void(0);" onclick="javascript:NAR_js.view_change('sp');">Mobile site</a></li> </ul> </div> <div id="modal_gd02_01" class="util"> <h3 class="title">Update your payment information</h3> <div> <p>Your subscription renewal could not be processed. Please update your payment information to continue enjoying the Nikkei Asian Review.</p> <div class="login-btn"><a href="/web/20160611001151/http://asia.nikkei.com/member/edit/plan?return_url=/Markets/Capital-Markets/&amp;n_cid=NARAN007" class="general-btn" id="resubscribe"><span>Resubscribe now</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDLogin(FreeUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd02_01"></div> <div id="modal_gd06_01" class="util expiration"> <h3 class="title">Your trial period has expired</h3> <div> <p> Subscribe today to continue enjoying NAR.<br> &bull; Unlimited access to asia.nikkei.com<br> &bull; Unlimited access to NAR mobile and tablet apps<br> &bull; Add delivery of NAR in print each week </p> <div class="login-btn"><a href="/web/20160611001151/http://asia.nikkei.com/member/register/?return_url=/Markets/Capital-Markets/&amp;n_cid=NARAN006" class="general-btn" id="subscribe"><span>See all offers and subscribe</span></a></div> </div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDExpired(TrialUser)"></div> </div><!-- /#modal --> <div id="modal-screen_gd06_01"></div> <div id="modal_gd09_01" class="util expiration"> <img src="/web/20160611001151im_/http://asia.nikkei.com/images/img_logo.png" alt="nikkei asian review"/> <img src="/web/20160611001151im_/http://asia.nikkei.com/images/For_welcome_modal.png" alt="cover"/> <h3 class="title"></h3> <div> <p class="explain"> Nikkei Asian Review is the only publication that brings you Insight about Asia, from the inside out. XXcontractNameXX has enabled you free full access to Nikkei Asian Review. </p> <div class="login-btn"><a href="#" class="general-btn js_close"><span>Close this message</span></a></div></div> <a class="close-btn js_close" href="#">Close</a> <div style="display:none" class="ga" id="MDWelcome(IPUser)"></div> <div style="display:none" class="value" id=""></div> </div><!-- /#modal --> <div id="modal-screen_gd09_01"></div> <div id="footer-script"> <script type="text/javascript"> var page = "1"; if(typeof authority === "undefined"){ var authority = ""; } if(typeof memberId === "undefined"){ var memberId = ""; } if(typeof contractId === "undefined"){ var contractId = ""; } var viewMode = "PC"; </script> <!--SiteCatalyst code--> <script type="text/javascript"> var now = new Date(); var pageName = location.href; var channel = "NAR"; var server = document.domain; var pageType = ""; var prop1 = "NAR-Markets"; var prop2 = "NAR-Markets-Capital Markets"; var prop3 = ""; var prop4 = ""; var prop5 = page; var prop6 = now.getHours(); var prop9 = ""; var prop10 = ""; var prop11 = ""; var prop12 = ""; var prop25 = ""; var prop26 = ""; var prop27 = ""; var prop28 = authority; var prop29 = ""; var prop34 = viewMode; var prop35 = contractId; var prop44 = memberId; </script> <!-- SiteCatalyst code version: H.9. Copyright 1997-2007 Omniture, Inc. More info available at http://www.omniture.com --> <script language="JavaScript" src="https://web.archive.org/web/20160611001151js_/http://parts.nikkei.com/parts/SC/NAR/s_codeNAR20141101.js"></script> <script language="JavaScript" src="https://web.archive.org/web/20160611001151js_/http://cdn.nikkei.com/parts/SC2/s_cDS.js"></script> <script language="JavaScript"> <!-- if(navigator.appVersion.indexOf('MSIE')>=0)document.write(unescape('%3C')+'\!-'+'-') //--></script> <noscript><a href="https://web.archive.org/web/20160611001151/http://www.omniture.com/" title="Web Analytics"><img src="https://web.archive.org/web/20160611001151im_/http://nikkei.d1.sc.omtrdc.net/b/ss/nikkeicojpgrpmstallprod,nikkeicojpdsmstallprod,nikkeicojpnarprod/1/H.9--NS/0" height="1" width="1" border="0" alt=""/> </a></noscript> <!--/DO NOT REMOVE/--> <!-- End SiteCatalyst code version: H.9. --> <!--/SiteCatalyst code--> <script> (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//web.archive.org/web/20160611001151/http://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-44606671-1', 'asia.nikkei.com'); // Set custom dimension if(login_flag != "undefined"){ ga('set', 'dimension1', login_flag); } if(authority != "undefined" && authority != ""){ ga('set','dimension2', authority); } if(memberId != "undefined" && memberId !=""){ ga('set','dimension3', memberId); } if( aid != ""){ ga('set','dimension4', aid); } if(viewMode != "undefined"){ ga('set','dimension5', viewMode); } if(contractId != "undefined"){ ga('set','dimension6', contractId); } // Send view ga('send', 'pageview'); // Send event if(NAR_js.isCount == true){ ga('send', 'event', 'Article', 'countUp', 'Article-countUp', NAR_js.user_view_count, {nonInteraction:true}); } if(NAR_js.oneClickFree == true){ ga('send', 'event', 'OneClickFree', 'view', 'OneClickFree-view',{nonInteraction:true} ); } </script> <script> // Twitter api twttr.ready(function (twttr) { twttr.events.bind( 'follow', function (event) { var narURL = window.location.href; ga('send', 'social', { 'socialNetwork': 'Twitter', 'socialAction': 'follow', 'socialTarget': narURL }); ga('send', 'event', 'Twitter', 'follow', 'Twitter-follow',0,{nonInteraction:true}); } ); }); </script> <script type="text/javascript"> /* <![CDATA[ */ var google_conversion_id = 1000997403; var google_custom_params = window.google_tag_params; var google_remarketing_only = true; /* ]]> */ </script> <script type="text/javascript" src="//web.archive.org/web/20160611001151js_/http://www.googleadservices.com/pagead/conversion.js"> </script> <noscript> <div style="display:inline;"> <img height="1" width="1" style="border-style:none;" alt="" src="//web.archive.org/web/20160611001151im_/http://googleads.g.doubleclick.net/pagead/viewthroughconversion/1000997403/?value=0&amp;guid=ON&amp;script=0"/> </div> </noscript> <script type="text/javascript"> window._tfa = window._tfa || []; _tfa.push({notify:"action", name: 'page_view'}); </script> <script src="//web.archive.org/web/20160611001151js_/http://cdn.taboola.com/libtrc/nikkeiasianreview-sc/tfa.js"></script> </div> <script type="text/javascript">_satellite.pageBottom();</script> </body> </html> <!-- FILE ARCHIVED ON 00:11:51 Jun 11, 2016 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 00:24:05 Dec 04, 2024. JAVASCRIPT APPENDED BY WAYBACK MACHINE, COPYRIGHT INTERNET ARCHIVE. ALL OTHER CONTENT MAY ALSO BE PROTECTED BY COPYRIGHT (17 U.S.C. SECTION 108(a)(3)). --> <!-- playback timings (ms): captures_list: 1.036 exclusion.robots: 0.04 exclusion.robots.policy: 0.025 esindex: 0.013 cdx.remote: 36.491 LoadShardBlock: 188.339 (3) PetaboxLoader3.datanode: 138.719 (4) PetaboxLoader3.resolve: 222.272 (2) load_resource: 225.604 -->

Pages: 1 2 3 4 5 6 7 8 9 10