Japan

Mitsubishi UFJ Financial Group is on its way to sell Asia’s first bond that meets total loss-absorbing capacity (TLAC) requirements. Launched on Tuesday, there is plenty of guesswork among market participants about fair pricing.

CME Group has added to the energy products it offers by introducing a Japanese liquefied natural gas futures contract.

With Mitsubishi UFJ Financial Group set to issue Asia's first bond to meet total loss-absorbing capacity (TLAC) requirements by the end of this month, market participants are trying to gauge its impact. It will set a benchmark in Asia but many banks from other parts of the region still have a long way to go before they will be ready to sell the new form of capital. Narae Kim reports.

A protracted slump in equity markets has pushed some risk measures in the US and Asia to extremes.

Mitsubishi UFJ Financial Group is set to break new ground in Asia with an inaugural offering of bonds that meet total loss-absorbing capacity (TLAC) requirements.

Citigroup started marketing its first yen bonds in more than two years on Thursday after mandating banks for a five year issue in global format.

Citigroup could issue its first yen bonds in over two years this week, after mandating banks for a five year issue in global format.

Barclays beat a hasty retreat this week from the bulk of its investment banking operations in Asia, shuttering offices in multiple countries and slashing hundreds of jobs amid a wider global cull in costs and personnel. It did not pull any punches, with the cuts stretching across the equities, loans and bonds products. John Loh reports.

Barclays is pulling out of the cash equities business in Asia Pacific as the bank stages a total exit from a number of countries in the region including Taiwan and Korea.

Six Japanese lenders have arranged a $1.2bn loan for Abu Dhabi National Oil Company (ADNOC) as part of a $3.3bn loan arranged by Japan Bank for International Cooperation (JBIC) to ensure oil supplies for Japanese companies.

Medical equipment maker Nipro launched on Wednesday the first of this year’s Japanese convertibles sold outside Japan, and found keen demand, with a seven times oversubscription.

The first Aluminium Japan Premium Futures contracts traded on Friday, CME Group has said.