Japan Post’s first full disclosure of earnings showed a solid net profit of $1.64 billions for the April-June quarter, a result that bodes well for the financial giant’s plans to start emerging from state ownership. The huge postal, banking and insurance group hopes to list on the Tokyo stock market in 2015 in a mega-offering worth several trillions of yen.
Thanks for checking us out. Please take a look at the rest of our videos and articles.
VIDEO: The Citic Case of China Reform
China's largest state-owned conglomerate is going public in Hong Kong, but in an opaque way. Heard on the Street columnists Alex Frangos, Abheek Bhattacharya and Aaron Back discuss whether this ...