Press Releases from Shizuoka Capital Wealth Management (5 total)
Messaging App Valued at Over Six Billion on Listing
Japan's Line Corp has set itself up to be the biggest IPO in the tech sector so far in 2016 as the price range set for the messaging app operator could value the company at well over six billion dollars.
Beijing, China, July 16, 2016 -- The valuation reflects the Korean owned company’s solid demand and shows the firm have turned from a reasonably wise investment into a rapidly growing start-up.
The…
IMF Says China Needs “Serious Reforms” on Debt
David Lipton, one of the International Monetary Fund’s highest ranked officials, has warned China that it needs to initiate “serious reforms” in order to address the country’s corporate debt if it wants a smooth transition from a manufacturing to a consumer based economy.
Beijing, China, July 16, 2016 -- David Lipton, one of the International Monetary Fund’s highest ranked officials, has warned China that it needs to initiate “serious reforms” in…
Trade Deficit Shrinks 29% as Commodity Gains Increase Export Profits
Australia’s trade deficit decreased 29% in spring as commodity prices took a positive upturn. Official numbers from the Australian Bureau of Statistics demonstrated the balance of import and export revenues fell to $2.16 billion for the month, from $3.41bn in February.
Beijing, China, July 02, 2016 -- Exports increased 4%, while imports climbed only 0.7 points.
The positive increase was supported by a sharp bounce back commodity valuations according to analysts.
"Not…
Experts Say Japanese Currency Intervention Will Help Regional Outlook
A group of IMF researchers have found that Japan’s unorthodox currency easing policy has had a surprisingly positive effect on most surrounding economies in the region, and have released their findings in a paper.
Beijing, China, June 30, 2016 -- The country’s interventions into the currency exchange markets, an attempt to lower the yen’s value, have been ill received by the U.S. with both nations coming together at a G-7 summit…
Swiss Holding Company Forecasts Chinese Stock Climb
Beijing, China, May 25, 2016 -- The SSE Composite Index, which keeps track of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange, will still trade in channels after mass sell-offs at the beginning of the year. This is despite another economic “communication” like those before the last two runs of declines in Chinese equities, according to the Swiss holding company.
The reference to the…
